BoAt’s ₹3,097 Cr Comeback, Lenskart’s IPO Nod, Ultrahuman’s Global Sprint & More 🚀
India’s D2C landscape continues to buzz with action — from legacy disruptors staging comebacks and IPO-ready unicorns to health-tech and beauty brands scaling globally. Here’s everything...
National Disruptors | Business Boost | Founders Funded | Founder’s Corner | CXO Meet – South 2025
National Disruptors
1.boAt Posts ₹142 Cr EBITDA and ₹3,097.8 Cr Revenue in FY25 — A Strong Comeback Story in India’s D2C Landscape
boAt’s parent firm, Imagine Marketing Limited, just shared its fiscal year 2025 numbers, and they’re pretty good. The company brought in ₹3,097.8 crore in revenue and ₹142 crore in EBITDA.
The Indian electronics and gadget brand also made a profit of over ₹60 crore, which is a nice turnaround from last year’s ₹79.7 crore loss. This is a solid comeback story and shows boAt is doing something right as a fast-growing brand.With these results, boAt is not only in better financial shape but is also a leader in India’s personal audio market, ranking third worldwide.
2. SEBI Clears Lenskart IPO: D2C Eyewear Giant to Raise ₹2,150 Crore and Join India’s Startup IPO Wave
SEBI has given the green light to Lenskart’s IPO plans. This move confirms Lenskart a leading D2C startup in India, ready for the public market, and shows the Indian D2C industry is maturing.
Lenskart’s IPO includes ₹2,150 crore in new shares, plus existing investors and promoters selling up to 13.2 crore shares. Big names like SoftBank’s SVF II, Alpha Wave Ventures, Temasek affiliates, Premji Invest, and Kedaara Capital are part of this sale. Peyush Bansal will sell about 2 crore shares, with co-founders Neha Bansal, Amit Chaudhary, and Sumeet Kapahi selling smaller amounts.
Business Boost
1. Ultrahuman Targets ₹1,100 Crore Revenue in FY26, Eyes Global Scale
Health-tech startup Ultrahuman is projecting a revenue milestone of ₹1,100 crore in FY26, nearly doubling its topline from the previous fiscal, as it prepares for deeper international expansion. Founder Mohit Kumar shared this ambitious outlook in a recent interview with Entrackr, highlighting a strategy centered on scale, innovation, and sustainable profitability.
In FY25, Ultrahuman reported revenues of ₹565 crore and a profit after tax of ₹73 crore. Kumar noted that the company aims to maintain a profit multiple of about 1.5× in FY26 even as it increases investments in research and development and facility expansion. Having already built a strong presence in the United States, Ultrahuman is now intensifying its efforts across Europe, the U.K., and Canada, bolstered by the recent acquisition of a U.K.-based business to enhance its international footprint.
2. Burma Burma Nears Break-Even with ₹100 Cr Revenue in FY25 — A Rising Star in India’s D2C Food & Beverage Landscape
In a year marked by strong performances across the Indian D2C ecosystem, Burma Burma has emerged as one of the most inspiring D2C brand building stories in the food and beverage segment. The premium vegetarian pan-Asian restaurant chain crossed the ₹100 crore revenue milestone in FY25, posting a 47% year-on-year growth and narrowing its losses by an impressive 78%. This achievement not only reflects smart financial discipline but also highlights how sustainable D2C business models in India are reshaping the country’s culinary landscape.
According to the company’s filings with the Registrar of Companies, Burma Burma’s operating revenue rose to ₹106 crore in FY25 from ₹72 crore in FY24 — a solid performance for a brand operating in the premium D2C food and beverage category.
3. Swiss Beauty Bets ₹10 Cr on Skincare, Targets ₹600 Cr ARR — Eyes Aggressive Growth in India’s D2C Beauty Market
Swiss Beauty, a fast-growing beauty and skincare brand in India’s D2C market, is investing ₹10 crore to start its skincare section. The company wants to reach ₹600 crore in annual skincare revenue within five years.
Mohit Goyal, Co-founder and Director, said that skincare is key to Swiss Beauty’s growth, not just a side project. He told ETRetail that they’ve always focused on new ideas and making desirable products at reasonable prices.
Swiss Beauty first offered its skincare products under the Glow Fusion and Hydra Series, with 10 items. They plan to add 10–15 more by early 2026. The skincare line is available in 100 cities and will expand to 20,000–30,000 stores soon. Skincare is expected to make up about 5% of the company’s total revenue by the end of this fiscal year.
Founders Funded
1.Goodmelts Secures Pre-Seed Funding from Anicut Capital: A New Wave in India’s D2C Home Fragrance Market
India’s D2C ecosystem is witnessing an unprecedented boom, and the latest name to join the wave is Goodmelts, a home fragrance startup redefining modern living with toxin-free, sustainable products. The brand has raised a pre-seed funding round led by Anicut Capital, marking a key milestone in the fast-evolving D2C startup news space.
Founded in 2023 by Vincy Saini and Nimish Batra, Goodmelts is a new-age direct-to-consumer India brand that goes beyond traditional odor elimination, offering functional home fragrance solutions designed to influence mood, emotions, and overall well-being. This investment places the brand in the spotlight of latest D2C startups in India, reinforcing investor confidence in sustainable D2C brands that blend wellness, lifestyle, and innovation.
2. Ivana Jewels Raises ₹2 Cr, Partners with Mouni Roy to Drive Pan-India Expansion and Sustainable D2C Luxury Growth
In one of the most exciting developments in the Indian D2C ecosystem, Ivana Jewels, a fast-growing lab-grown diamond brand, has unveiled a bold national expansion plan while strengthening its brand identity through celebrity collaboration. The Surat-based D2C brand has roped in actress Mouni Roy as its brand ambassador and launched its first-ever television commercial, marking a major milestone in its journey toward becoming one of India’s leading premium D2C brands.
Ivana Jewels, founded by Jindal on the vision of making luxury accessible and sustainable, has already made waves in D2C daily news for its innovation-driven approach to direct-to-consumer India retail. With rising awareness around sustainable D2C brands and eco-friendly jewelry, the brand is capitalizing on the growing consumer shift toward lab-grown diamonds — an industry segment gaining rapid traction in Indian D2C updates and global D2C market trends 2025.
3. DecorTwist Raises $200K to Redefine India’s D2C Home Décor Market with Expansion and Innovation
DecorTwist, a home décor brand, has received $200,000 in bridge pre-Series A funding, led by angel investor Tejas Paresh Lodaya. This funding will help the brand expand its direct-to-consumer (D2C) plans, showing investor confidence in the Indian D2C market.
Founded in 2022 by Anupam Rajey, DecorTwist has quickly become a top D2C brand in the home and lifestyle category. The business will use the funds to improve its stock, grow operations to meet customer demand, and move into quick commerce D2C platforms. They also plan to add new products in dining, décor, gardening, furniture, pooja items, and gifts, aiming to be a complete home décor source in the Indian D2C market.
Founder’s Corner
“From Midnight Cravings to Market Domination”
What started as a bold vision to deliver groceries beyond kirana limits became India’s #1 online grocery revolution.
Founded in 2011 by Fabmart veterans, Bigbasket redefined how India shops for essentials — from 7 AM to 12:30 AM, 365 days a year.
When few believed in e-grocery, Hari Menon and his team cracked the toughest challenge — last-mile delivery. Their belief: customers shouldn’t compromise on convenience or freshness.
Beyond Kiranas:
Bigbasket offered over 10,000+ products, farm-fresh vegetables, and 90-minute delivery slots — bringing doorstep convenience to millions long before quick-commerce existed.
Survival to Supremacy:
They weathered the 2016 startup winter, scaled profitably, and later got acquired by Tata Digital for over $1.2 billion, proving that unit economics and patience win the long game.
Farm-to-Fork Innovation:
Partnering directly with farmers, Bigbasket reduced waste by 30% and ensured better prices for producers — blending technology, sustainability, and customer obsession.
💡 “Bigbasket didn’t chase trends — it solved problems that mattered.” — Hari Menon
🚀 D2C Insider Weekly Update | CXO Meet – South 2025
South India is gearing up for one of the most anticipated events in the consumer startup ecosystem. On 31st October 2025, Bangalore will host the CXO Meet – South, India’s flagship confluence for D2C founders, investors, and ecosystem enablers.
Positioned as a strategic platform for collaboration and knowledge exchange, the meet will bring together leaders driving India’s next wave of consumer innovation.
Key Highlights:
150+ Founders from leading new-age consumer brands
100+ D2C Brands redefining customer engagement and category growth
25+ Investors & Enablers shaping India’s startup investment landscape
The event agenda focuses on actionable insights — covering fundraising strategies, omnichannel expansion, brand storytelling, and consumer intelligence. Designed to bridge ideas with execution, it aims to equip founders with practical frameworks for sustainable scale.
For India’s growing D2C community, the CXO Meet – South offers a unique opportunity to connect, collaborate, and shape the future of the consumer economy.
📌 Event Details:
Date: 31st October 2025
Venue: Yutori Spaces, Safina Plaza, Infantry Road, Bangalore
Time: 2:00 PM – 8:00 PM
🔗 Register Here: https://d2ci.co/cxo-meet-register
