# Ashutosh Valani

> Ashutosh Valani is a seed investor at Renee Cosmetics backing Food and Beverage and E-Commerce. See 17 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Renee Cosmetics](https://shizune.co/investors/profile/renee-cosmetics)
- Location: Ahmedabad, India
- Total investments: 17
- Last investment: Sep 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/ashutoshvalani/

Ashutosh Valani is a seed investor at Renee Cosmetics in Ahmedabad focused on Food and Beverage and E-Commerce. Ashutosh Valani is the founder at Renee Cosmetics.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $499k–$1.1M |
| Pre-Seed | $415k–$415k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Food and Beverage | 5 | 29% |
| E-Commerce | 4 | 24% |
| Health Care | 4 | 24% |
| Consumer Goods | 3 | 18% |
| Retail | 2 | 12% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 14 | 82% |
| Pre-Seed | 2 | 12% |
| Series B | 1 | 6% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Supply6 | Supply6 is a Daily Nutrition Brand. its flagship offering, Supply6 360, is a comprehensive health supplement seamlessly blending shelf-stable probiotics, essential micronutrients, and adaptogens. Formulated with 63+ whole food ingredients, this all-in-one solution delivers unparalleled nutritional support, catering to athletes, fitness enthusiasts,and health-conscious individuals alike. It is Clinically proven to improve Gut Health, boost Vitamin levels and enhance energy levels. | $1.1M | Seed | Sep 17, 2025 |  |
| Gully Labs | Gully Labs is a homegrown sneaker design house, specializing in hand-lasted sneakers that blend Indian cultural motifs with contemporary design. The brand releases new collections every 60 days, often drawing inspiration from Indian traditions, festivals, and regional art forms. Gully Labs positions itself as a response to both the lack ofauthentic Indian representation in mainstream sneaker culture and the prevalence of imitation products in the market, aiming to celebrate original Indian stories and craftsmanship | $890.3K | Seed | Jun 02, 2025 |  |
| True Diamond | True Diamond specializes in lab-grown diamonds, which are ethically generated in an artificial setting to mimic the physical and optical attributes of genuine diamonds. | $1M | Seed | Nov 26, 2024 |  |
| P-TAL | P-TAL aims at reviving the dying craft form of the indigenous Thathera community of Jandiala Guru, Amritsar, which has the distinction of practicing India’s only UNESCO-listed craft form. The Thatheras of Jandiala Guru are a community of skilled craftsmen who specialize in the traditional technique of hammering brass and copper sheets intotraditional utensils. | $520.5K | Seed | Oct 16, 2023 |  |
| Slick App | Slick is the platform for discovering social connections, Slick is focusing on offering a new platform by removing the old digital ecosystem, which has been saturated by the development of passive media and has diluted the fundamental objective of social media, which is to connect people. | $1.6M | Seed | May 09, 2023 |  |
| Perfora | Perfora is an oral care company that produces a range of oral wellness products. The company offers electric toothbrushes, probiotic mouthwash, smart flossers, and a peroxide-free teeth whitening pen. The brand emphasizes products that are not only effective but also developed with scientific backing to elevate consumer experiences. | $894K | Seed | Jun 22, 2022 |  |
| WickedGud | WickedGud is to make eating guilt-free, and change the way the world consumes comfort foods for the better by using indigenous, high nutrition ingredients. WickedGud is an online store that offers nutritious snacks from pizza to noodles. It creates a habitual indulgence made from nutrition-rich ingredients that are plant-based and have nopreservatives. WickedGud bridges the gap between tasty junk food and boring healthy food. It has no artificial colours, pro prortein and nutritious. | $1M | Seed | Apr 07, 2022 |  |
| VAMA | VAMA is a one-stop virtual platform that provides easy access to e-pujas, e-darshans, and astrology services, to devotees from across India and the world. | $750K | Seed | Mar 22, 2022 |  |
| ZFW Dark Stores | Armed with a ring-side view & passion to help shape the future of an industry largely characterized as unprofitable, cut-throat, & stagnant- we started ZFW as a traditional cloud kitchen which later evolved to India’s 1st hyperlocal fulfillment platform in 2020.Our capital-light approach helps brands & restaurants expand to newermarkets without any upfront investment & overheads, saving you the headache of setting up shop & running it. A newly signed ZFW partner brand can scale up through our network of 100+ tech-enabled dark stores in less than 3 months- while servicing orders in 25 minutes.ZFW platform has served over 600,000+ happy customers. If you're a D2C or F&B brand in India that wants to stay ahead of the curve, boost profitability, & customer experiences- reach out & say hi!. | $415K | Pre-Seed | Jan 09, 2022 |  |
| Zippee | ZFW Dark Stores enables 30 Min, 2 Hour, & Same-Day deliveries for E-commerce brands through next-gen fulfillment, network of dark stores, & last-mile infrastructure across India. This capital-light approach is helping brands like Epigamia, Unilever, Rage Coffee, NOTO, and Baskin Robbins expand without upfront capital, overheads, &headaches.Our platform integrates seamlessly with all industry platforms to provide brands with complete visibility into supply-chain ops & customers: significantly improving customer loyalty, RTOs, & costs.E-commerce is becoming increasingly competitive with shifting brand loyalties. Stay ahead of the curve & be closer to your customers by offering them super-fast deliveries.If you're a D2C brand in India that wants to boost profitability & customer experiences- reach out & say hi! | $415K | Pre-Seed | Jan 09, 2022 |  |

10 of 17 investments shown.

## Co-investors
- [Titan Capital](https://shizune.co/investors/profile/titan-capital) — VC Fund, 10 deals together
- [Zeropearl VC](https://shizune.co/investors/profile/zeropearl-ventures) — VC Fund, 3 deals together
- [Ashika Group](https://shizune.co/investors/profile/ashika-group) — VC Fund, 2 deals together
- [DSG Consumer Partners](https://shizune.co/investors/profile/dsg-consumer-partners) — VC Fund, 2 deals together
- [Mumbai Angels](https://shizune.co/investors/profile/mumbai-angels) — VC Fund, 2 deals together
- [7Square Ventures](https://shizune.co/investors/profile/7square-ventures) — VC Fund, 1 deal together

## About Renee Cosmetics

VC Fund · Ahmedabad, India

Renee Cosmetics is an Indian makeup brand that’s redefining beauty with its range of high-quality, 100% cruelty-free, innovative range of products. Renee believes in empowering women to own and enjoy their bold, ambitious persona and let their glam do the talking. Founded by Aashka Goradia, the famed actress and her brand both believe that the artof cosmetics is a true liberator and a beautiful form of expressing oneself in hues, tones, and shades.

3 contacts available at Renee Cosmetics.

| Name | Title | Profile |
| --- | --- | --- |
| Aashka Goradia Goble | Founder and Director | https://shizune.co/investors/profile/aashka-goradia-goble |
| Ashutosh Valani | Founder | https://shizune.co/investors/profile/ashutosh-valani |
| Priyank Shah | Founder | https://shizune.co/investors/profile/priyank-shah |

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## FAQ

### What does Ashutosh Valani invest in?

Ashutosh Valani invests primarily in Food and Beverage, E-Commerce and Health Care startups, most often at Seed and Pre-Seed stage. Most of the 17 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ashutosh Valani's check size?

Ashutosh Valani typically joins rounds of $499k–$1.1M at Seed and $415k–$415k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ashutosh Valani participates in.

### When did Ashutosh Valani last invest?

The most recent investment recorded for Ashutosh Valani closed in Sep 2025. Shizune tracks 17 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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