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D2C beauty brand Pilgrim raises Rs 200 Cr in a mix of primary and secondary rounds

  • D2C beauty brand Pilgrim has raised Rs 200 crore in a mix of primary and secondary rounds.
  • The funding round was completed at a pre-money valuation of Rs 3,000 crore.
  • The funds will be used to expand offline reach, invest in R&D, and reinforce online profitability.
  • Investors in this round included Vertex Growth Fund, Anicut Equity Continuum Fund, and others.

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