Fraganote
1 known investors
Fraganote is a premium perfume brand in India selling men's, women's, and unisex fragrances online across fresh, woody, floral, and oriental families. Its products are formulated with higher fragrance concentrations for longevity in Indian heat and humidity.
Also known as Fraganote Fragrances · Fraganote Fragrances Private Limited
Founders & leadership

Investors · 1
Company profile
researched Aug 2026Fraganote is an Indian perfume brand operating under Fraganote Fragrances Private Limited, headquartered at Kirti Nagar Industrial Area, New Delhi. It sells eau de parfum products for men, women and unisex use across fragrance families including gourmand, oud, woody, floral, fruity, citrus and aquatic, with named releases such as Baked Vanilla, Vanilla Wood, Drunken Cake, Devil's Berry, Persian Oud, London Bar, Italian Summer and a limited-edition कटिंग Chai. The core 50ml bottle is listed at ₹999 against an MRP of ₹1,699, alongside 10ml discovery sizes, build-your-own bundles, two- and three-bottle combos and seasonal gifting sets.
The company describes its formulations as exclusive, using fragrance oil from a leading Indian perfumer that sources raw materials internationally, including from South Africa, Spain and Australia, and states its perfumes contain no artificial colouring and are intended to be suitable for all skin types. Products are marketed and distributed by Fraganote Fragrances Private Limited (CIN U20234DL2024PTC439268) and manufactured by third parties, namely Stella Indusstries Limited in Gurugram, Haryana and Aroma De France in Vadodara, Gujarat. Product design and formulation are handled in-house while assembly runs through contract manufacturing partners; borosilicate glass bottles and atomisers are sourced from China and perfume concentrates from Europe, the Middle East and India.
As of mid-2026 the brand offered around 42 SKUs and reported a customer base of about 300,000, a 35 percent repeat purchase rate and an average order value of ₹1,500. It has raised $1 million in a pre-Series A round led by Rukam Capital and $3 million in a Series A led by V3 Ventures.
Founding story
Fraganote was started by Garima Kakkar and Arjun Anand, described as a husband-and-wife founding team, as a homegrown Indian perfumery producing high-concentration, small-batch fragrances; Kakkar has said the aim is to build an India-born luxury fragrance brand that is modern and accessible for a new generation of consumers.
Business model
Direct-to-consumer sales of branded perfumes through its own Shopify-based storefront, supplemented by quick commerce platforms, ecommerce marketplaces and physical kiosks and multi-brand outlets. Manufacturing is outsourced to contract partners while formulation and design are kept in-house.
Product sales of 50ml and 10ml perfumes, bundles, combos and gift sets, with 50ml bottles priced at ₹999 and multi-unit sets from ₹499 to ₹2,499. About 60 percent of revenue comes from the company website, 20 percent from quick commerce platforms Blinkit and Zepto, 10 percent from marketplaces including Nykaa, Myntra and Amazon, and 10 percent from offline kiosks and multi-brand outlets.
Traction
Reported roughly 42 SKUs, about 300,000 customers, a 35 percent repeat purchase rate and an average order value of ₹1,500 as of mid-2026, with kiosks in 14 cities and a stated target of 100 kiosks by year end and about Rs 60 crore revenue by FY27.
Latest developments
In June 2026 the company raised a $3 million Series A led by V3 Ventures (V Cube Ventures SA), which put in $2.6 million, with Rukam Capital adding $0.6 million. Proceeds are earmarked for brand building, omnichannel distribution and expansion beyond perfumes into fragranced body care such as body wash, mists, lotions, hand creams, shower gels and lip serums, plus exploration of home and car fragrances and growth of the kiosk network to 100 locations.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positions itself as a mid-premium homegrown Indian fragrance brand and artisanal perfumery offering luxury-style products at accessible prices. It cites competition from Secret Alchemist, Pilgrim, Plum and Skinn by Titan. Coverage places it in an Indian perfume market estimated at $281 million in FY2024 and projected to reach $873.3 million by FY2032 at a 15.23 percent CAGR, and an Indian D2C fragrance market projected to reach $3.8 billion by 2030 at a 12 percent CAGR.
High-concentration, small-batch fragrances developed in-house for longevity, sourced fragrance oils with raw materials from South Africa, Spain and Australia, no artificial colouring, and storytelling used as a core product mechanic with culturally resonant scent concepts.
Technology
Formulation and product design are carried out in-house by the company's perfumers, with assembly handled by contract manufacturers; perfume concentrates are procured from Europe, the Middle East and India, and packaging components such as borosilicate glass bottles and atomisers from China.
Go-to-market
Omnichannel distribution combining the brand's own website, quick commerce, marketplaces and offline kiosks, supported by discount-driven promotions (seasonal Rakhi offers, free 10ml perfumes above ₹999, prepaid order discounts), gifting and bundle merchandising, and narrative-led launches in which each fragrance is released with an accompanying story, visuals, music and packaging concept.
Indian consumers of mid-premium and accessible-luxury fragrances, including men's, women's and unisex buyers, gift purchasers, and younger consumers in tier I and tier II cities.
Geography
India-focused, with a New Delhi head office, contract manufacturing in Haryana and Gujarat, nationwide online distribution and kiosks across 14 tier I and II cities; management has stated an ambition to expand internationally.
History
Reported founding dates differ across sources: one account dates the launch to 2022 and another to 2023, by co-founders Garima Kakkar and Arjun Anand. The operating entity, Fraganote Fragrances Private Limited, carries CIN U20234DL2024PTC439268. The company announced a $1 million pre-Series A led by Rukam Capital in August 2025 and a $3 million Series A led by V3 Ventures with Rukam Capital participation in June 2026.
Risks & controversies
Reported founding year varies between sources (2022 versus 2023). The brand relies on third-party contract manufacturers and imported packaging and concentrate inputs, and a significant share of sales depends on third-party quick commerce and marketplace platforms.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsFraganote raised $3 million (about Rs 28.7 crore) in a Series A led by V3 Ventures (V Cube Ventures SA), which invested $2.6 million, with existing investor Rukam Capital contributing $0.6 million. Proceeds are directed at brand identity, omnichannel distribution and expansion into fragranced body care.
$3M source ↗
The company said it plans to launch body wash, mist, lotion, hand creams, shower gels and lip serums, explore home and car fragrances, and grow its kiosk network from 14 tier I and II cities to 100 kiosks by the end of the year.
Fraganote Fragrances announced a USD 1 million pre-Series A round led by Rukam Capital, earmarked for portfolio expansion, offline retail pilots, supply chain enhancement for pan-India distribution, new fragrance formats and omnichannel activity.
$1M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Fraganotefraganote.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Fraganote do?
- Indian D2C fragrance brand selling mid-premium perfumes online, via quick commerce and marketplaces, and through retail kiosks.
- Who founded Fraganote?
- Fraganote was founded by Garima Kakkar.
- Who are Fraganote's investors?
- Fraganote's investors include V3 Ventures.