2015’s biggest investments: Wahanda £32m

Investment sees hair and beauty marketplace Wahanda pursue additional expansion

Company: Wahanda
Description: Hair and beauty marketplace
Founders: Lopo Champalimaud, Salim Mitha
Based in: London
Raised: £32m ($46m)
Investors: Recruit Holdings

They said:

Lopo Champalimaud, co-founder, Wahanda: “With its Hot Pepper Beauty business in Japan, Recruit has a wealth of experience in this space and understands how to scale our business. Our ambitions are aligned and the capital investment, expertise and knowledge that Recruit provides will enable us to continue on our growth trajectory, truly cementing our position as the leader in our field.”

Kazumasa Watanabe, Recruit Holdings Co. Ltd: “We recognised in Wahanda a world-class team and a company that had already established itself as the market leader in Europe. We look forward to supporting them with the aim of becoming a global leader in the beauty industry.”

Read more about the deal here.

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