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Beauty & Personal Care · Ahmedabad, Gujarat

Iba Cosmetics

India's first halal-certified, 100% vegan and cruelty-free cosmetics brand.

Founded by Mauli Teli, Grishma Teli

Snapshot

Founded
2014
Headquarters
Ahmedabad, Gujarat
Business model
D2C
Funding stage
Series B
Employees
201-500
Markets
India
Last updated
24 June 2026

About Iba Cosmetics

Founded in 2014, Iba Cosmetics is a women-led beauty and personal-care brand headquartered in Ahmedabad, Gujarat. Iba Cosmetics was co-founded by Mauli Teli and Grishma Teli. It operates on a D2C model, serving consumers. The company has reached the Series B stage. It has a team of 201-500.

Founders

Mauli Teli

Woman Founder

Co-founder & CEO

Grishma Teli

Woman Founder

Co-founder

Industry classification

Beauty & Personal Care Colour Cosmetics

Funding

Funding~$16M; majority stake acquired by BelieveLatest roundSeries B

Investors: Believe, GVFL

Ideal customers

Consumers (D2C)

Typical customer segments for a beauty & personal care company.

Website, social

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Frequently asked questions

What does Iba Cosmetics do?
Founded in 2014, Iba Cosmetics is a women-led beauty and personal-care brand headquartered in Ahmedabad, Gujarat. Iba Cosmetics was co-founded by Mauli Teli and Grishma Teli. It operates on a D2C model, serving consumers. The company has reached the Series B stage. It has a team of 201-500.
Who founded Iba Cosmetics?
Iba Cosmetics was founded by Mauli Teli and Grishma Teli.
Where is Iba Cosmetics headquartered?
Iba Cosmetics is headquartered in Ahmedabad, Gujarat, India.
Is Iba Cosmetics funded?
Yes — Iba Cosmetics is venture-funded and has reached the Series B stage.
When was Iba Cosmetics founded?
Iba Cosmetics was founded in 2014.