Luxury personal care brand Kimirica has raised $15 million in a funding round led by Carnelian Asset Management LLP, marking a pivotal moment in its journey from a bootstrapped disruptor to a global hospitality and D2C powerhouse.

Founded in 2013 by Mohit, Rajat, Kimi, and Rica Jain, Kimirica plans to channel the fresh capital into brand building, product innovation, offline expansion, and scaling its omnichannel retail presence across India and the Middle East.

With a portfolio spanning skincare, bodycare, fine fragrances, luxury gifting, and wellness, the brand is setting up a six lakh sq. ft. integrated manufacturing facility in Indore to support its growing hotel amenities division and export ambitions. Currently, Kimirica partners with over 10,000 luxury hotels and airlines, including Marriott, Hilton, Accor, and Air India, and exports to 70+ countries.

Co-founder Mohit Jain stated, “This partnership with Carnelian is rooted in a shared vision for growth. Their experience will help us accelerate our journey and bring Kimirica’s self-care experience to more consumers, faster than ever”.

The company aims to triple its revenue from ₹300 crore in FY25 to ₹1,000 crore within the next 3–4 years, signaling a bold leap toward becoming a global leader in luxury vegan beauty.