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Avataar Skincare Shark Tank India Season 3

by IndiaSuccessStories
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Avataar Skincare Shark Tank India Season 3 Got 35 Lakhs Funding in Exchange of 0.5% Equity with 35 Lakhs in debt at 14% Interest for 3 years by Aman Gupta and Anupam Mittal.

Avataar Skincare Shark Tank India Season 3

Pitch no with company details

Avataar Skincare

Avataar Skincare’s founder’s adventure began when she realized that not only her, but many other individuals are dealing with skin or body disorders, as well as criticism and low self-esteem due to their appearance. Her cousin works in the laser sector, so she has access to cheaper laser instruments. He received the most results from tier 2 and tier 3 cities, which helped Saumya understand the market possibility.

Founder of Avataar Skincare

Saumya Misra, the founder of Avataar Skincare, is from Bhopal, India, and she develops skincare and body care solutions for herself and those around her.

Avataar Skincare Funding Round

Company Name

Avataar Skincare

Shark Tank India Season

3

Episode No

30

Season No

3

Brand

Avataar Skincare

Idea

Laser Treatment services at home

Original Ask

70 Lakhs for 1% equity

Deal

35 Lakhs for 0.5% equity + 35 Lakhs debt at 14% interest for 3 years

Invested By:

Aman Gupta and Anupam Mittal

At the core of Avataar Skincare's pitch was a commitment to innovation, accessibility, and results-driven skincare. Their at-home laser treatment services aimed to address common skincare concerns, including acne, pigmentation, and aging, with minimal downtime and maximum convenience. By eliminating the need for visits to traditional skincare clinics, Avataar Skincare sought to empower individuals to prioritize their skincare routines and achieve radiant, healthy-looking skin from the comfort of their own homes.

The Pitch:

Avataar Skincare entered the tank with a bold proposition: to make advanced skincare treatments accessible to everyone by offering laser treatment services in the comfort of their own homes. Their idea was to leverage cutting-edge technology and expert practitioners to provide safe, effective, and convenient skincare solutions tailored to each individual's needs. With an original ask of 70 Lakhs for 1% equity, Avataar Skincare sought investment to scale their operations, enhance their technology infrastructure, and reach a wider audience of skincare enthusiasts.

The Deal:

Despite initial reservations about the scalability and viability of Avataar Skincare's business model, Aman Gupta and Anupam Mittal recognized the brand's potential to disrupt the skincare industry and improve accessibility to advanced skincare treatments. They offered 35 Lakhs for 0.5% equity and an additional 35 Lakhs in debt at 14% interest for 3 years, providing Avataar Skincare with the capital they needed to accelerate their growth and expand their reach. With their strategic investment, Aman Gupta and Anupam Mittal pledged to support Avataar Skincare's mission of making professional skincare treatments accessible to all.

Investors Behind Avataar Skincare

Aman Gupta and Anupam Mittal: With the backing of investors Aman Gupta and Anupam Mittal, Avataar Skincare was poised to embark on a journey of expansion and innovation. The infusion of capital and strategic guidance provided by Aman Gupta and Anupam Mittal would enable Avataar Skincare to enhance its service offerings, invest in marketing and branding initiatives, and establish itself as a leader in the burgeoning at-home skincare market. With their support, Avataar Skincare was well-positioned to transform the way people approach skincare and achieve their goal of helping individuals look and feel their best.

Conclusion:

Avataar Skincare's appearance on Shark Tank India Season 3, Episode 30 underscored the transformative potential of innovation and entrepreneurship in the skincare industry. As they continue to expand their offerings and reach new customers, Avataar Skincare is poised to redefine the way people approach skincare and empower individuals to take control of their skincare journey. With Aman Gupta and Anupam Mittal as strategic partners, Avataar Skincare is well-equipped to realize its vision of making professional skincare treatments accessible to all and helping individuals achieve radiant, healthy-looking skin from the comfort of their own homes.

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