L’Oréal invests in consumer-focused VC fund DSG Consumer Partners

L’Oréal, one of the largest cosmetic brands in the world, says it is investing an undisclosed amount in consumer-focussed venture capital firm DSG Consumer Partners.

L’Oréal said the investment in DSG’s fourth fund will be strategic in nature and that it will invest in beauty and personal care startups across India and Southeast Asia. The VC firm’s fourth fund will reportedly be around $125 million in size.