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Plush raises Rs 40 crore, achieves EBITDA-level profitability
Plush raises Rs 40 crore, achieves EBITDA-level profitability

Fashion Network

time3 days ago

  • Business
  • Fashion Network

Plush raises Rs 40 crore, achieves EBITDA-level profitability

Indian personal care brand Plush has raised Rs 40 crore in a growth round led by Rahul Garg, with participation from Blume Founders Fund, OTP Ventures, Careernet, the Patni Family Office, Sumit Jalan, Ajay Kumar Aggarwal, and other strategic investors. The business has also reached profitability at the level of earnings before interest, tax, depreciation, and amortisation. With only Rs 26 crore raised prior to this round, Plush's Rs 100 crore net annual recurring revenue and EBITDA-level profitability positions it as a standout example of capital-efficient growth in India's direct to customer landscape, the business announced in a press release. The company now aims to double its ARR to Rs 200 crore, supported by strong consumer loyalty and a focus on sustainable scaling. 'Plush has the right building blocks in place– it's a loved brand with a strong emotional connect and repeat behaviour," said investor Rahul Garg in a press release. "What sets them apart is their ability to scale with capital efficiency, without losing sight of quality or growth." Founded in 2019 by Prince Kapoor and Ketan Munoth, Plush's portfolio spans period care, intimate wellness, hair removal, and self-care. The brand reported an 84% year-on-year revenue growth in the 2024 financial year and expects to report a revenue total of Rs 65 crore for the 2025 fiscal. 'This capital will help us deepen our market presence, expand our offline footprint, and invest in the kind of brand-building that makes Plush the go-to personal care brand for everyday wellness,' said Kapoor. The company was advised by Synapse Partners for the funding round.

Plush Raises INR 40 Cr Funding from Rahul Garg, Blume Founders Fund, OTP Ventures
Plush Raises INR 40 Cr Funding from Rahul Garg, Blume Founders Fund, OTP Ventures

Entrepreneur

time4 days ago

  • Business
  • Entrepreneur

Plush Raises INR 40 Cr Funding from Rahul Garg, Blume Founders Fund, OTP Ventures

The funds will be deployed to expand Plush's offline retail presence, deepen market share, and invest in brand-building initiatives aimed at positioning Plush as the go-to personal care brand for everyday wellness. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Chennai-based personal care brand Plush has raised INR 40 crore in a growth funding round led by Rahul Garg, with participation from Blume Founders Fund, OTP Ventures, Careernet, the Patni Family Office, Sumit Jalan, Ajay Kumar Aggarwal, and other strategic investors. The funds will be deployed to expand Plush's offline retail presence, deepen market share, and invest in brand-building initiatives aimed at positioning Plush as the go-to personal care brand for everyday wellness. "This capital will help us deepen our market presence, expand our offline footprint, and invest in the kind of brand-building that makes Plush the go-to personal care brand for everyday wellness," said Prince Kapoor, Co-founder of Plush. Synapse Partners advised the company as legal counsel during the transaction. Founded in 2019 by Prince Kapoor and Ketan Munoth, Plush specialises in modern feminine care solutions. The brand offers a wide range of clean, effective products across period care, intimate wellness, hair removal, and skincare categories. Plush has emerged as a fast-growing and award-winning direct-to-consumer (D2C) brand, resonating with India's modern female consumers. "At Plush, we're not just building products—we're building a movement rooted in comfort, driven by community, and designed around what women actually want," said Co-founder Ketan Munoth. Prior to this round, Plush had raised INR 26 crore. The latest raise takes its total capital infusion to INR 66 crore. Despite limited funding, the company has reached a net annual recurring revenue (ARR) of INR 100 crore and achieved EBITDA-level profitability, a rare feat in India's D2C ecosystem. "Plush has the right building blocks in place—it's a loved brand with a strong emotional connect and repeat behavior," said Rahul Garg, lead investor. "What sets them apart is their ability to scale with capital efficiency." Plush reported INR 28.87 crore revenue in FY24 (up 84% YoY), with an INR 4.4 crore loss. It projects INR 65 crore revenue in FY25 as it targets INR 200 crore ARR in the next phase.

Personal care startup Plush raises ₹40 cr
Personal care startup Plush raises ₹40 cr

Time of India

time4 days ago

  • Business
  • Time of India

Personal care startup Plush raises ₹40 cr

New Delhi: Personal care brand Plush has raised Rs 40 crore in a growth funding round led by Rahul Garg , with participation from Blume Founders Fund, OTP Ventures, Careernet, the Patni Family Office, Sumit Jalan, Ajay Kumar Aggarwal, and other investors, the company said in a press release on Thursday. The brand reported a net annual recurring revenue (ARR) of Rs 100 crore and said it has achieved EBITDA-level profitability . Also, it now aims to double its ARR in the next phase of expansion. 'This capital will help us deepen our market presence, expand our offline footprint, and invest in the kind of brand-building that makes Plush the go-to personal care brand for everyday wellness,' said Prince Kapoor, co-founder, Plush. Founded in 2019 by Kapoor and Ketan Munoth, Plush operates in the personal care space with offerings across hygiene and wellness. It reported revenue of Rs 28.87 crore in FY24 and a loss of Rs 4.4 crore. The company expects to close FY25 with Rs 65 crore in revenue.

Twin Cities bar makes series of safety changes in wake of shooting nearby
Twin Cities bar makes series of safety changes in wake of shooting nearby

Yahoo

time28-03-2025

  • Yahoo

Twin Cities bar makes series of safety changes in wake of shooting nearby

A Brooklyn Park bar has made a series of changes — including introducing a 25+ policy — after a shooting outside left two people injured earlier this month. On March 5, Brooklyn Park police officers responded to a report of a shooting outside Plush Restaurant and Lounge, located on the 8500 block of Edinburgh Centre Drive North. At the scene, officers found two individuals with minor gunshot wounds. The victims declined on-site medical assistance and instead drove themselves to a nearby hospital. Witnesses told police the shooting occurred when a dispute between two groups led to a man pulling out a handgun and opening fire. On Wednesday, the Brooklyn Park Police Department announced it had arrested a 36-year-old man in connection with the shooting. He is being held on second-degree assault charges. Plush Restaurant and Lounge temporarily closed following the shooting. When it announced its reopening on Instagram, the bar also rolled out a new policy restricting entrance to those 25 and older starting at 8 p.m. The change is meant to create a 'more focused and mature atmosphere,' according to the Instagram post. Plush Restaurant and Lounge will also implement a new dress code policy as part of the changes. "These measures are designed to ensure that Plush remains a safe, secure and welcoming environment for all our guests," the announcement reads.

Aldi's Mother's Day Gift Guide including diffuser, gift sets and beauty items
Aldi's Mother's Day Gift Guide including diffuser, gift sets and beauty items

Yahoo

time08-03-2025

  • Lifestyle
  • Yahoo

Aldi's Mother's Day Gift Guide including diffuser, gift sets and beauty items

Aldi's Mother's Day Gift Guide for 2025 has been revealed, with a variety of great items to treat your mum this year. From the classic flower bundle and pyjamas to an aroma diffuser or craft maker, there is plenty to choose. So, whether you go with something you know your mum will love or fancy taking a leap and finding something new to gift, let's take a look at what you could get your hands on at the budget-friendly supermarket. Here are all of the items in the Aldi Mother's Day gift guide. Tulip Bundle (£4.99) Shoppers can pick up the Tulip Bundle and give the gift of spring this Mother's Day. These faux flowers are available in classic yellow, white, or pink and white and are the perfect low-maintenance gift for busy mums. Satin Gift Set (£5.99) Encourage mum to relax this Mother's Day with an array of calming sleep accessories. The Satin Gift Set includes either a pillowcase and eye mask, pillowcase and scrunchies, or a bonnet and eye mask, ideal for a luxurious lie-in. Aldi's Satin Gift set could be a perfect Mother's Day gift (Image: Aldi)Ladies' Soft Plush Slippers (£3.99) Aldi's Ladies' Soft Plush Slippers are a great gift to keep mums warm and cosy this Mother's Day. Available in cream, grey, or pink, these ultra-soft slippers will make mum feel like she's walking on air. Ceramic Aroma Diffuser (£14.99) Help mum create a calming atmosphere at home with Aldi's stylish Ceramic Aroma Diffuser. Featuring a gorgeous, ribbed design, this chic and stylish home accessory will add a touch of sophistication to any room. Aldi's ceramic aroma diffuser has a ribbed design (Image: Aldi) What's more Aldi shoppers can save 79% instead of The White Company's alternative. Waffle Pyjamas (£9.99) Mums can sleep peacefully in Aldi's luxuriously soft Waffle Pyjamas. Available in sizes 8–16, these must-haves are made from a comfortable cotton waffle fabric, perfect for chilled nights in with the family. Craft Maker (£6.99) Give the gift of creativity this Mother's Day with Aldi's Craft Maker. Mums can explore a variety of different crafts, including flower pressing so they can keep their Mother's Day flowers forever in pressed form. Gift Aldi's Mother's Day Flowers together with the classic Spring Vase and create a perfect table centrepiece for Mum to admire. There are a variety of different crafts to gift your mum (Image: Aldi)Beauty Tools Assortment (£9.99) Pamper mums with Aldi's Beauty Tools Assortment. Choose from a Make-up Brush Cleaner to make keeping brushes in top shape easier, or the Ultrasonic Facial Cleanser that will offer a deep cleanse. 22cm Cast Iron Casserole Dish (£19.99) For foodie mums, Aldi's sell-out cast iron range is returning this Mother's Day, with the 22cm Cast Iron Casserole Dish. Available in a choice of pink or blue, this dish has a four-litre capacity and is oven-safe up to 250 degrees. All the above Specialbuys and Household are available in stores from March 16, while stocks last. Mother's Day Gift Basket (£8.99) Brighten mum's day with Aldi's beautifully arranged Mother's Day Gift Basket. Bursting with colourful chrysanthemums, this charming basket makes the perfect gift. Spring Vase (£3.49) Aldi's Mother's Day Gift Baskets are available in stores from March 23, while stocks last. Lovely Mum Tulips (£4.99) Aldi's Lovely Mum Tulips are a classic springtime choice, available in either pink, white, or purple. Blushing Beauty Bouquet (£12.99) Aldi's vibrant Blushing Beauty Bouquet is filled with a pretty array of cerise blooms to brighten the home this Mother's Day. Best Mum Bouquet (£4.99) All mums love flowers, and Aldi's gorgeous Best Mum Bouquet brings a fun pop of colour this Mother's Day. The bouquet boasts pink, orange, and brightly dyed bubble gum-coloured chrysanthemums. Aldi's Lovely Mum Tulips, Blushing Beauty Bouquet and Best Mum Bouquet are available in stores from March 27, while stocks last. Specially Selected Hot Cherry Bakewell Sponge Pudding (£2.89, 400g) Back by popular demand, shoppers can treat their Mum's with Aldi's Specially Selected Hot Cherry Bakewell Sponge Pudding. A sweet almond-flavoured sponge is paired with a fruity cherry compote and sweet vanilla cream sauce, heated up to make the perfect sweet Mother's Day treat. Aldi's Hot Cherry Bakewell Sponge is available in stores from March 12, while stocks last. Frozen Strawberry Mini Gateau (£1.75, 375g) For that little bite of something sweet to share this Mother's Day, Aldi's Frozen Strawberry Mini Gateau delivers. This light layered sponge with sweet strawberry sauce and vanilla cream is decorated with more vanilla flavoured cream and strawberry sauce. This light yet rich sweet treat is the perfect little bite that packs huge flavour. Aldi's Frozen Strawberry Mini Gateau is available in stores now, while stocks last. Lacura Sandalwood Eau de Parfum (£9.99, 100ml) A captivating fragrance journey begins with the new Lacura Sandalwood Eau de Parfum. Aldi's new Lacura Sandalwood Eau de Parfum (Image: Aldi) From a vibrant burst of spice and delicate violet to the creamy richness of sandalwood and oud, this fragrance unfolds into a warm, sensual embrace of musk and amber, leaving a lingering softness on the skin. Lacura Addition Eau de Parfum (£9.99, 100ml) The new Lacura Addition Eau de Parfum opens with a vibrant blend of aromatic notes, juicy fruits, and delicate florals. A heart of ripe pear and crisp apple mingles with the scents of jasmine and rose. The base reveals a warm, grounding blend of musk, amber, and sandalwood, with a touch of earthy moss. Lacura Black Intense Eau de Parfum (£9.99, 100ml) Fresh and complex, the new Lacura Black Intense Eau de Parfum ignites with a spicy burst of clove and bay, balanced by the refreshing zest of bergamot. Earthy vetiver and smooth cedarwood intertwine with the subtle sweetness of fig at the heart. The base smoulders with the rich aroma of tobacco and hay, grounded by a sophisticated, sensual musk. Lacura HA5+ Day Cream (£7.99, 50ml) The new Lacura HA5+ Day Cream is a secret weapon for intensely hydrated and youthful skin. Aldi's new Lacura HA5+ Day Cream (Image: Aldi) The innovative product plumps fine lines and wrinkles and visibly tightens skin for a radiant glow. Enhanced with additional ingredients of Acacia, Almond Oil and Shea Butter alongside UV filters, it promises high-performing protection and moisture all day long. Lacura HA5+ Night Cream (£7.99, 50ml) Pair with the new Lacura HA5+ Night Cream with added Watermelon Seed Oil to prevent overnight moisture loss and support skin regeneration. Lacura HA5+ Serum (£6.99, 50ml) Quench the skin's thirst with the new Lacura HA5+ Serum. With added Acacia and Citric Acid, this lightweight and fast-absorbing serum delivers visible lifting and tightening properties, leaving the skin plump, smooth and radiant. Perfect for layering under makeup, it's the ultimate hydration boost for a youthful glow. Lacura HA5+ Eye Cream (£4.99, 15ml) Revive tired eyes with the new Lacura HA5+ Eye Cream. This targeted product will reduce puffiness, minimise the appearance of fine lines and wrinkles, and soothe the delicate skin around the eye area with protective Acacia. Aldi's Health & Beauty items are available in stores from March 9, while stocks last. Veuve Monsigny Champagne Brut (£14.99, 75cl) A multi-award-winning fizz from the consistently excellent Champagne house, Philizot et Fils. Aldi's Veuve Monsigny Champagne Brut offers a beautiful blend of Chardonnay, Pinot Noir and Pinot Meunier, aged in cellars to enhance its complexity and length. Achieving silver accolades at last year's International Wine Challenge, Drinks Business Sparkling and Champagne Masters, this bubbly continues to offer fizztastic quality at an affordable price. Aldi's Veuve Monsigny Champagne Brut offers a blend of Chardonnay, Pinot Noir and Pinot Meunier (Image: Aldi)Zerozecco Rosé (£2.99, 75cl) Pop the cork for alcohol-free Mother's Day celebrations with Aldi's award-winning Zerozecco Rosé. Awarded 'best non-alcoholic sparkling by experts at the Good Housekeeping Institute, this winning tipple boasts fruity red berry notes with a delicious finish. Recommended reading: Aldi's March Specialbuys revealed - spring garden range to Refy beauty dupes Aldi announces new change to self-checkout tills across all UK stores I saved £60 and tried Aldi's new hair care – But is it worth the hype? Ballycastle Raspberry Ripple Flavour Country Cream (£7.49, 70cl) Offering the perfect tipple for 'berry' special mums, the Ballycastle Raspberry Ripple Flavour Country Cream takes inspiration from the classic dessert, Eton Mess. A combination of double cream, lusciously sweet raspberry and rich vanilla flavours creates an indulgently smooth treat. Aldi's BWS items are available in stores now, while stocks last.

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