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Paradyes Shark Tank India Season 2

by IndiaSuccessStories
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Paradyes Shark Tank India Season 2 Got 65 Lakhs Funding in Exchange of 2% Equity by Vineeta Singh and Aman Gupta.

Paradyes Shark Tank India Season 2

Pitch no 25 with company details

Paradyes

Over 20 shades of trendy and entertaining hair dyes are available from the semi-permanent hair dye company Paradyes. Although safe, their colors only hold up for eight or ten washes.

Founder of Paradyes

Paradyes was founded by Yushika Jolly and Siddharth Raghuvanshi.

Paradyes Funding Round

Company Name

Paradyes

Shark Tank India Season

2

Episode No

9

Season No

2

Brand

Paradyes

Idea

Semi-Permanent Hair Dyes

Original Ask

65 Lakhs for 1% Equity

Deal

65 Lakhs for 2% Equity

Invested By:

Vineeta Singh and Aman Gupta

At the heart of Paradyes' pitch was a celebration of individuality and self-expression. Their semi-permanent hair dyes aimed to empower individuals to embrace their unique identity and express themselves authentically through their hair. By offering a wide range of colors and formulations, Paradyes aimed to cater to diverse preferences and inspire creativity among its customers, encouraging them to unleash their inner artist.

The Pitch:

Paradyes entered the tank with a mission to disrupt the hair care industry by offering semi-permanent hair dyes that combined vivid colors with long-lasting results. Their idea was to provide customers with a range of vibrant and versatile shades that allowed them to experiment with different looks and styles without commitment. With an original ask of 65 Lakhs for 1% equity, Paradyes sought investment to scale their production, expand their product line, and establish a strong brand presence in the market.

The Deal:

Paradyes' pitch resonated strongly with Vineeta Singh and Aman Gupta, who recognized the potential of their innovative product in the beauty industry. They offered a deal of 65 Lakhs for 2% equity, providing Paradyes with the necessary capital to accelerate their growth and expand their reach. This strategic partnership marked a significant milestone for Paradyes, positioning them for success in a competitive market.

Investors Behind Paradyes

Vineeta Singh and Aman Gupta: With the backing of Vineeta Singh and Aman Gupta, Paradyes embarked on a journey to redefine beauty and self-expression through vibrant hair colors. The infusion of capital allowed them to ramp up production, enhance their product formulations, and launch targeted marketing campaigns to reach a wider audience. Armed with the support of experienced investors, Paradyes continued to push the boundaries of creativity and innovation in the beauty industry.

Conclusion:

Paradyes' appearance on Shark Tank India Season 2, Episode 9 exemplified the power of self-expression and creativity in shaping the beauty landscape. Their successful pitch and subsequent deal underscored the growing demand for innovative beauty products that cater to diverse preferences and lifestyles. As they continued to grow and innovate under the guidance of Vineeta Singh and Aman Gupta, Paradyes stood poised to inspire individuals to color outside the lines and embrace their true selves, one vibrant hue at a time.

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