VLCC raises ₹110 cr funding from alternative credit platform BlackSoil Capital
According to VLCC, the funding will help in expanding businesses across beauty, wellness and personal care
by
Published: Sep 4, 2026 10:06 AM | 1 min read
Follow Us
VLCC has raised ₹110 crore in financing from alternative credit platform BlackSoil Capital.
According to VLCC, a Carlyle-backed beauty and wellness company, the funding will help VLCC expand its businesses across beauty, wellness and personal care, while strengthening its operating platform and supporting the growth of its subsidiaries.
The company was founded by Vandana Luthra in 1989 and spans more than 250 locations across over 130 cities
In January 2023, Carlyle Group paid Rs 2,700 crore to buy a controlling 63% stake.
Deepak Taluja, CEO, VLCC, was quoted in media reports as saying: "This financing will enable us to pursue our growth plans across our businesses, including new product introduction and store network expansion. With increasing demand for organised beauty and wellness services and products, we remain focused on enhancing customer experience, expanding our reach, and building a stronger, future-ready platform."
BlackSoil is an alternative credit platform with Assets Under Management (AUM) of $275 million.
Read more news about Internet Advertising India, Marketing News, PR and Corporate Communication News, Digital Media News, Television Media News
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook YouTube & Google News