Latest Arihant Patni News
Sep 15, 2021
Onesto Labs, the parent company of direct-to-consumer personal care brands Chemist at Play and Bare Anatomy, has raised about $2.5 million in a funding round led by 72 Ventures, the family office of KKR India chairman Sanjay Nayar. Existing investors Sauce VC and Arihant Patni of Patni Family Office also participated in the fundraising, as did angel investors Ramakant Sharma (Livspace founder), Suhail Sameer (BharatPe CEO) and Rajeev Chitrabhanu (Magnetic founder). Onesto’s brands Bare Anatomy and Chemist at Play sell personal care products on their own websites and etail platforms like Amazon India and Nykaa. The company’s business has quintupled since the beginning of the pandemic and it is now targeting an annual recurring revenue of Rs 60 crore in the next 18 months from 12 crore at present.