Deepika Padukone's 82°E to raise Rs 50 crore from Ka Enterprises, others

Deepika Padukone's 82°E startup, cofounded by Jigar Shah, aims to raise Rs 50 crore with Ka Enterprises. The brand offers skincare products and had past investments from DSG Consumer Partners and Ideo Ventures. The Indian beauty market is projected to reach $30 billion, led by celebrity brands like Anushka Sharma's Nush.