RENÉE Cosmetics has announced its plan to hire approximately 1,000 new employees with 200 on-roll hires and 800 off-roll hires across New Product Development, Beauty Advisory, Marketing, Sales and Finance divisions, amongst others.
Priyank Shah, Co-Founder and Director, RENÉE, said, “The company has grown approximately 300% in the last year in revenue, and we recently raised our Series B round of $25 million at a valuation of $100 million.
This development has helped us further pursue the huge opportunities we see in the mass market, and that too in a short timeline.”
“We continue to grow exponentially on all major e-commerce platforms, as for our offline outreach, we are currently present in 150 cities and intend to increase our presence to 350 cities. With this strategy in mind, we need strong teams to support us, hence the extensive hiring across the board,” added Shah.
RENÉE’s present headcount is 175 on-roll employees and 750 off-roll employees. Adding 1,000 new employees will significantly increase the total to around 2,000 employees working for the brand, according to a statement.
The company began its operations in September 2020, under the leadership of Co-Founders and Directors Priyank Shah, Ashutosh Valani and Aashka Goradia Goble.