INDIA'S
FASTEST-GROWING
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Sanfe
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Neeman’s
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Flo Mattress
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Super Bottoms
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Loom Solar
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Prolixr
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Sleepy Head
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Arata
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The Indus Valley
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Pee Safe
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Power Gummies
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Ugaoo
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The Beauty Co.
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Go Desi
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Wellversed
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Doozy Happy Nature
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Melorra
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Himalayan Organics
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Boldfit
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Zunpulse
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Eyewearlabs
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Farmers Fresh Zone
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Clensta
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Country Bean
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Juicy Chemistry
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Upakarma Ayurveda
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Fast&Up
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Kapiva
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The Sleep Company
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Vilvah Store
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The Pant Project
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Boldcare
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Earth Rhythm
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Pilgrim
35
Barf India
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Solara
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Tagz Foods
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Boingg
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Bili Hu
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Habbit Health
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Argatin
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Bebe Burpp
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Pilgrim
Emerging Category
Fact sheet
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FOUNDER(S)
Anurag Kedia, Gagandeep Makker
KEY INVESTORS
Fireside Ventures, Rukam Capital, Prabhkiran Singh, Aman Gupta, Sameer Mehta, Amit Kumar Agarwal, Akhil Gupta, Saurabh Garg
FOUNDED IN
August 2019
SUB-SECTOR
Beauty & Personal Care
HEADQUARTERS
Mumbai
TOTAL FUNDING
$1.9 Mn
KEY COMPETITORS
Nykaa, MyGlamm, Mamaearth, Plum, The Beauty Co, Juicy Chemistry, Earth Rhythm, Vilvah Store
Bringing organic and natural beauty products and treatments from around the world to India
Pilgrim is a beauty brand that is built on the belief that modern Indians — particularly, Generation Z and millennials — want international beauty treatments, but without the baggage of toxins and chemicals.
INR 4.4 Cr
FY21 Revenue
1 Mn
Users Served (New)
48+
NUMBER OF SKU’S
The ORIGIN STORY
Anurag Kedia launched Pilgrim after spending over two decades in the beauty and wellness industry. His friend and fellow IIT Bombay alumnus, Gagandeep Makker, joined up in this journey and brought his expertise in data analytics, market research and more. The idea was to bring vegan, cruelty-free and toxin-free products from around the world to the Indian shores, while keeping them affordable and accessible.
The GROWTH
Pilgrim claims to have sold more than 1.1 Mn units since launch till January 2022 with over 1 Mn customers having bought its products. In FY2021, the company said its revenue had touched INR 4.4 Cr thanks to new R&D partnerships across the globe. In January 2022 alone, it said over 75K customers shopped for Pilgrim products, while the company also launched a new lineup — 24K gold range — in the past year.
The DIFFERENTIATOR
The primary product distinction for Pilgrim are the ingredients it uses, ranging from volcanic lava ash from Jeju Islands in South Korea, to red vine from orchards in Bordeaux in France, witch hazel, Yugdugu (Korean nutmeg) and more. Besides, the startup claims that its products have been crafted without the so-called 20 toxic chemicals, which includes parabens, formaldehyde, talcum, triclosan, sulphates and mineral oils. These are typically found in mass-manufactured beauty products.
The JOURNEY
The startup first launched its products in May 2020 and its top-selling products include hair growth serums, night serums, day creams, night gel creme, 24K gold facial mask, skin clarifying serums and more. It offers over 48 SKUs across hair, face, bath and body needs priced between INR 300 and INR 800. The startup already uses recycled plastic for all its packaging, but is now working on reducing its plastic footprint in the near future in line with its pledge of toxin-free beauty.
What’s NEXT
Pilgrim plans to achieve an annualised run rate of INR 100 Cr by the end of 2022, and will scale to international markets on the back of its India growth. The brand has allso partnered with The Disposal Company, a plastic credit platform, to fulfil its goal of becoming a plastic positive enterprise.
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brans of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
42 of india's fastest growing d2c brands of 2022
fast42
The
SELECTION
PROCESS
1000+
APPLICATION
APPLICATION
500+
Verification Calls
Verification Calls
140+
INTERVIEWS & PITCHES
INTERVIEWS & PITCHES
42
Brands Shortlisted
Brands Shortlisted
Inc42 conducted a 3 month application cycle and received over 1,000 nominations from India’s D2C brands. The D2C brands who submitted the complete application and who data we could independently verify were considered in this ranking.
The list comprises two categories – Growth and Emerging.
The list comprises two categories – Growth and Emerging.
01
02
GROWTH
CATEGORY
Read more
Read LESS
For India’s fastest growing D2C brands who have successfully demonstrated significant traction and growth, ranked on the basis of the highest revenue growth rates between 2020 & 2022.
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Generated at least INR 1 Cr revenue in FY 2020
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Generated at least INR 7 Cr revenue in FY 2022
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Generated at most INR 100 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING
CATEGORY
Read more
Read LESS
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
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Founded on or after Apr 1st, 2020
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Generated at least INR 50 L revenue in any financial year
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Generated at most INR 7.5 Cr revenue in any financial year
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Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
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Should sell its own products via its own website as a key sales channel
EMERGING CATEGORY JURY
Emerging category
For India’s emerging D2C brands who have successfully demonstrated innovation or has the potential to disrupt a category, selected & ranked by an esteemed panel of industry leaders & Inc42’s editorial team.
-
Founded on or after Apr 1st, 2020
-
Have generated minimum revenue of INR 50 L in any financial year/since incorporation
-
Should not have revenue exceeding INR 7.5 Cr in any financial year
-
Be privately held, for profit; based in India, and independent entity (not a subsidiary or division of another company)
-
Should sell its own products via its own website as a key sales channel
Emerging CATEGORY JURY