Leading Cosmetic Company Seeks Financial Investment.
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Product / Service
The company provides innovative cosmetic products at an affordable price.
The company is a marketplace for more than 50 brands and has accessibility in rural areas.
Clientele type
D2C, E-commerce websites
Premises
Currently working from home due to the pandemic.
Asking Price Includes
10% stake in the company
Reason
Funds will be used for team building, technology development, and working capital.
Other Details
- The company has a wide range of quality products at affordable costs across lip care, eye care, face & skin essentials, and hair care.
- Company is a marketplace for 50+ brands with a strong innovation pipeline.
- The company has massive penetration in tier 2 and rural areas.
- Annual sales are of INR 19 crores in FY 20-21.
- Sales grew by a whopping 360% in the last three years.
- Business has a huge organic following of 208K Instagram followers.
- Top 100 beauty influencers endorse the brand.
- The company has associations with the leading manufacturers from across the globe, majorly Germany and France, which boosts their confidence further to promise a product quality which is beyond excellence.
- Have outsourced the manufacturing process.
- Business has an online marketplace as well as a large network of distributors across India.
- Company has two owners with 40% and 60% ownership stake distribution.
- This company is bootstrapped and has not taken any loans previously.
- Due to the pandemic there was a reduction in run-rate sales.
- This company is represented by advisors on the platform. They will not charge any fee from the investor.
Business Tags
₹10 to ₹200 Cr
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