NEW VENTURE NATIONAL
MUMBAI, MAHARASHTRA, INDIA
By IFAB MEDIA - NEWS BUREAU - February 6, 2025 | 40 3 minutes read
Businesswoman and artist Ananya Birla has announced her latest venture into the rapidly growing beauty and personal care (BPC) industry.
India's BPC market is projected to reach a staggering $34 billion by 2028 and grow at a robust compound annual growth rate (CAGR) of 10-11%, driven by rising disposable incomes, deeper e-commerce penetration, and growing consumer openness to new products.
The company will roll out a range of beauty and personal care brands nationally through 2025, targeting consumers across segments, including makeup, fragrances, and more, in a phased launch.
Speaking about the launch, Ananya Birla stated, “The beauty industry in India is evolving at an unprecedented pace, and consumers are increasingly seeking products that resonate with their individuality and lifestyle. With greater exposure to global products and knowledge, Indian consumers now demand more from home-grown brands—this venture aims to meet those expectations with authenticity and innovation and bring world class products to the Indian marketplace. Our brands are built for the new age—from brand identity to go-to-market strategy, every element is designed to challenge conventions and redefine the consumer experience.”
Under her leadership and inspired by her taste, the brands will adopt a product-first strategy, emphasizing differentiated packaging, unmatched international quality, and a commitment to celebrating individuality. The venture aims not only to meet the expectations of Indian consumers but also to establish a global footprint, reflecting Ananya’s vision of creating a brand that appeals to modern, discerning audiences worldwide.
This latest venture underscores Ananya’s remarkable journey as an entrepreneur. At 17, she launched Svatantra Microfin, a pioneering microfinance organization that today stands as the second-largest and fastest-growing NBFC-MFI in India. Having secured the highest PE investment in the sector, Svatantra has impacted over 50 million lives, spanning 20 states, through its innovative financial solutions and technological advancements. Beyond her business ventures, Ananya is a passionate mental health advocate. Through the Ananya Birla Foundation, she has been driving meaningful societal change. Since its inception in 2020, the foundation has partnered with 25+ nonprofit organizations, impacting over 30,000 community members across five Indian states. Recently, she also introduced a Beta version of Sophius, a homegrown AI platform unveiled at IIT Bombay, with plans for a global rollout. As a serial entrepreneur with a keen sense of business acumen, Ananya is a Director on the board of the Aditya Birla Group’s apex strategic body—ABMCPL, and also serves on the boards of various Aditya Birla Group companies, contributing valuable insights that align with Hindalco, Grasim, and ABFRL's strategic visions.