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Ashutosh Valani Snapshot

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Ashutosh Valani

Ashutosh Valani

Founder

Organization

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Birth & Early Life

  • Ashutosh Valani is an Indian entrepreneur and investor, widely recognized for co-founding Beardo, a leading men’s grooming brand, and RENEE Cosmetics, a fast-growing beauty brand. With a strong background in marketing and business development, he has played a crucial role in shaping the direct-to-consumer (D2C) market in India.

  • Ashutosh Valani holds a degree from Brunel University, London. His academic background in business and marketing has significantly contributed to his strategic decision-making in the entrepreneurial world.

  • Beardo was founded in 2015 by Ashutosh Valani and Priyank Shah with the vision of creating a premium men’s grooming brand. The company started by offering beard oils, grooming kits, and skincare products tailored for men. By leveraging digital marketing and influencer collaborations, Beardo quickly gained popularity among Indian consumers.

  • In 2020, Beardo was acquired by Marico, a leading FMCG company, for an undisclosed amount. This acquisition marked a significant milestone in Valani’s career, solidifying his reputation as a successful entrepreneur.

  • After selling Beardo, Valani, along with Priyank Shah and Aashka Goradia, co-founded RENÉE Cosmetics in 2019. RENÉE Cosmetics is a cruelty-free, vegan, and innovative beauty brand catering to the modern consumer.

  • In 2016, Ashutosh Valani enlisted actors Suniel Shetty and Shahid Kapoor as brand ambassadors for Beardo, enhancing its brand presence.

  • RENÉE Cosmetics’ innovative products include Fab 5-in-1 Lipstick, Fab Face Stick (3-in-1 makeup), and Madness PH Stick (color-changing lipstick).

  • RENÉE Cosmetics has grown rapidly, achieving a valuation of ₹830 crore (around $100 million) as of 2024. The company is expected to close FY24 with ₹400 crore in revenue.

  • With successful ventures like Beardo and RENÉE Cosmetics, Ashutosh Valani’s estimated net worth is between ₹200-300 crore ($24-$36 million) as of 2024. His financial growth is a testament to his strategic investments and business foresight.

  • Ashutosh Valani founded Beardo (acquired by Marico), RENÉE Cosmetics (an innovative beauty brand), and Villain (a lifestyle and fragrance brand). 

  • Ashutosh Valani has invested in 19 companies, including GIVA, The Moms Co, Daalchini, and Truecarat Diamonds (Seed Round, November 2024). 

Physical Status

Male

Education

Institution
Degree
Duration
Brunel University London
MIB, International Business
2007 - 2008
SMPI
Bachelor of Commerce (B.Com.), International Business
2004 - 2007

careers

Position
Company
Duration
Co-Founder
Renee Cosmetics
Jul 2020 - Present
Co-Founder (Acquired by Mensa)
Villain Life
Sep 2020 - Sep 2021
Founder (Acquired by Marico)
Zed Lifestyle Pvt. Ltd.
May 2016 - Jun 2020

Personal Details

Married

Events

Awards and Honours

  • Fortune India's 40 under 40 list 
  • Times Most Influential Personalities
    • 2021
    • Entrepreneur category
    • Economic Times

Ashutosh Valani Investments

Total no. of Investment

4

Ashutosh Valani has made 4 investments.

DateCompanySectorRoundInvestmentsCo-Investors
2023-10-16EngineeringSeed Round - P-TAL₹ 43 M
2023-05-09TechnologySeed Round - Slick App$ 2 M
2022-06-22Seed Round - Perfora$ 894 K
2022-04-07Seed Round - WickedGud$ 1 M

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