Homegrown Filipino makeup brand Colourette has achieved a significant milestone by becoming the first local makeup brand to secure USD 2 million in regional funding from prominent firms in June.
- Who’s Chipping In: DSG Consumer Partners (Singapore-based), Foxmont Capital Partners (first investor in 2022), and various angel investors are backing Colourette with this significant funding.
- Brand Origins: Founded in 2015 by Nina Ellaine Dizon, Colourette was created to address a gap in the market for makeup products suited to Filipinas.
- Investor Confidence: The involvement of DSG Consumer Partners and Foxmont Capital Partners highlights strong investor confidence in Colourette’s future.
- Parner Insight: Sameer Mehta, DSG Consumer Partners Managing Director and Head of Southeast Asia, recognizes Colourette’s potential to become a major player in the local beauty industry, reshaping and strengthening the Filipino beauty community.
The significant investment Colourette has secured reflects increasing confidence in the brand’s market position and future growth within the regional beauty industry.