INDIA'S
FASTEST-GROWING
D2C
BRANDS
VIEW Categories & selection Criteria
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01
Desi Farms
02
The Sleep Company
03
Boldfit
04
The Pant Project
05
Rage Coffee
06
Juicy Chemistry
07
Anveya Living
08
Earth Rhythm
09
Happy Nature
10
Revour Consumer
11
Chkokko
12
Innovist
13
Beco
14
Geek – Harkin
15
Himalayan Organics
16
Country Bean
17
Infinia
18
DrinkPrime
19
Snitch
20
Flo Sleep Solutions
21
Wellbeing Nutrition
22
XYXX
23
The Decor Kart
24
Wings
25
Power Gummies
26
Gramiyaa
27
Farmers Fresh Zone
28
Bunaai
29
SuperBottoms
30
Deconstruct
31
Fix My Curls
32
Yu
33
Khari Foods
34
MasterChow
35
NE Origins
36
P-TAL
37
Perfora
38
Saaki
39
Sadhev
40
ShineXPro
41
SVISH-On-The-Go
42
Zeroharm
07
Anveya Living
Growth Category
Fact sheet
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FOUNDER(S)
Vivek Singh, Saurav Patnaik
KEY INVESTORS
Rukam Capital
FOUNDED IN
June 2018
SUB-SECTOR
Beauty and Personal Care
HEADQUARTERS
Bengaluru, Karnataka
TOTAL FUNDING
$1.3 Mn
KEY COMPETITORS
Paradyes, Fix My Curls
When Getting A Gorgeous Head Of Hair Is Made Easy, Healthy And Fun
Anveya is creating top-of-the-rung hair and skincare products that will match global standards
200%
Growth Rate
₹11.7 Cr
FY22 Revenues
-
Customers Served
60
Number Of SKUs
The ORIGIN STORY
Serial entrepreneur Saurav Patnaik and corporate executive Vivek Singh (former SVP of marketing at FirstCry) often noticed that legacy players like L’Oréal and Garnier dominated the haircare market in India. In fact, global brands were more popular here due to the lack of consumer trust in homegrown product quality. It was not surprising as many local products are stuffed with harmful chemicals, and new-age innovations are rarely witnessed in this space. Keen to create a top-notch beauty brand and gain back customer trust in the process, the duo set up Anveya, a sustainable and stylish hair and skincare range.
The GROWTH
Its journey started with traditional hair growth products and oils using clean ingredients. But the brand came out with its flagship products, Colorisma and Curlvana, in 2022 after extensive R&D as it aims to make hair styling fun and healthy. It also launched a gold acne kit for acne-prone skin in December 2022. The D2C brand offers 60 SKUs across five categories and has sold at least 10 Lakh products since its launch. Its revenue for FY22 stood at INR 11.7 Cr.
The DIFFERENTIATOR
The brand’s flagship is Colorisma, a game-changing temporary hair colour range as easy to apply as make-up. Plus, it needs only one hair wash to remove, unlike permanent/semi-permanent hair dyes. This is a less invasive way of adding style and drama to one’s crowning glory, as hair health is not affected due to reduced colour exposure. Additionally, Anveya has launched a curl care range called Curlvana, essential and cold-pressed oils made of jojoba, rosehip and olive, among others, and a collection of hair growth products based on an innovative hair-repair formulation that can help restore one’s hair damaged by excessive styling and colouring.
What’s NEXT
Anveya targets revenue of INR 45 Cr in 2023 and plans to launch more hair colours. The brand will also introduce a scalp-care category and offer products like scalp scrub and scalp serum to address hair fall, breakage and dirt build-up.
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
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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
Growth 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