Carlyle-backed VLCC raises Rs 110 crore from BlackSoil to fund growth

VLCC has secured ₹110 crore financing from BlackSoil Capital for its expansion. This funding will support growth across beauty, wellness, and personal care businesses. Carlyle Group holds a majority stake after its investment in 2022. VLCC operates over 250 locations across more than 130 cities. The company aims to enhance customer experience and expand its reach.