Onesto Labs gets $2.5-million funding from Sanjay Nayar, others

Mumbai: 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.

Nayar is the husband of Falguni Nayar, founder of India’s largest online cosmetics retailer Nykaa, which is on course for an initial public offering (IPO).

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).