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Season 1

Hair Originals Shark Tank India Season 1

by IndiaSuccessStories
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Hair Originals Shark Tank India Season 1 Got 60 Lakhs Funding in Exchange of 4% Equity by Ashneer Grover, Anupam Mittal and Peyush Bansal.

Hair Originals Shark Tank India Season 1

Pitch no 68 with company details

Hair Originals

Hair Originals is a 2019-founded company that runs a wig and hair extension platform. About 20 cities across the US are home to Hair Originals locations. At the moment, it offers two product categories: permanent hair extensions that need to be applied by a stylist or salon, and DIY hair extensions that can be purchased from their online store. The company mostly sources hair from temples in the southern region of India. Hair Originals began operations in Indore as a manufacturing facility and has since expanded to Gurgaon.

Founder of Hair Originals

Jitendra Sharma, an IITian with over 40 years of work experience and wide exposure abroad, founded HairOriginals, the first premium brand for 100% natural human hair extensions in India.

Hair Originals Funding Round

Company Name

Hair Originals

Shark Tank India Season

1

Episode No

22

Season No

1

Brand

Hair Originals

Idea

Natural Hair Extensions

Original Ask

60 lakhs 2% Equity

Deal

60 lakhs 4% Equity      

Invested By:

Ashneer Grover, Anupam Mittal and Peyush Bansal

At the core of Hair Originals' pitch lay a passion for embracing natural beauty and empowering individuals to feel confident and beautiful in their own skin. By offering natural hair extensions that mirrored the texture and appearance of real hair, Hair Originals sought to revolutionize the beauty industry and challenge conventional standards of beauty. Their commitment to sustainability and ethical sourcing further underscored their dedication to promoting environmental consciousness and social responsibility, making Hair Originals a brand that customers could trust and support.

The Pitch:

Hair Originals presented a compelling range of natural hair extensions designed to enhance and celebrate the beauty of every individual. Their commitment to sourcing high-quality, ethically-sourced hair ensured that customers could enjoy luxurious extensions that seamlessly blended with their natural hair, offering volume, length, and style without compromising on authenticity.

The Deal:

Impressed by Hair Originals' innovative approach to hair care and their commitment to promoting natural beauty, investors Ashneer Grover, Anupam Mittal, and Peyush Bansal were eager to make a strategic investment. They agreed to invest 60 lakhs in exchange for a 4% equity stake in Hair Originals, recognizing the brand's potential to disrupt the beauty industry and capture a significant market share. This partnership not only provided Hair Originals with the capital needed to scale their operations but also brought on board experienced investors who shared their vision and values.

Investors Behind Hair Originals

Ashneer Grover, Anupam Mittal and Peyush Bansal: Hair Originals enthusiastically accepted the investment offer from Ashneer Grover, Anupam Mittal, and Peyush Bansal, viewing it as a validation of their mission and a catalyst for growth and expansion. With the backing of strategic investors who believed in their vision, Hair Originals was well-positioned to capitalize on emerging trends in the beauty industry and establish themselves as a leader in the market. Armed with the necessary resources and expertise, Hair Originals was ready to embark on a journey of innovation, creativity, and success.

Conclusion:

The success of Hair Originals on Shark Tank India Season 1 highlights the power of innovation and authenticity in the beauty industry. By prioritizing natural beauty and ethical sourcing, Hair Originals has not only differentiated itself in the market but also set a new standard for beauty brands worldwide. With the support of investors Ashneer Grover, Anupam Mittal, and Peyush Bansal, Hair Originals is poised to make a lasting impact on the industry and inspire individuals to embrace their natural beauty with confidence and pride.

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