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Ravel Shark Tank India Season 2

by IndiaSuccessStories
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Ravel Shark Tank India Season 2 Got 75 Lakhs Funding in Exchange of 10% Equity with (Condition - Ravel needs to achieve ₹ 7.5 Lakhs monthly profit in 2 months) by Anupam Mittal.

Freebowler Shark Tank India Season 2

Pitch no 67 with company details

Ravel

To take care of your lovely locks, Ravel offers personalized haircare products made with all-natural components supported by cutting-edge scientific research. Ravel creates goods that are environmentally friendly and sustainable for both your health and the environment.

Founder of Ravel

Ravel was launched in 2018 by Ayush Varma.

Ravel Funding Round

Company Name

Ravel

Shark Tank India Season

2

Episode No

22

Season No

2

Brand

Ravel

Idea

Hair Products

Original Ask

75 Lakhs for 2.5% Equity

Deal

75 Lakhs for 10% Equity (Condition – Ravel needs to achieve ₹ 7.5 Lakhs monthly profit in 2 months)

Invested By:

Anupam Mittal

At the core of Ravel's pitch was a commitment to innovation and efficacy in haircare. Their products were formulated with premium ingredients and backed by extensive research to deliver results that exceeded customer expectations. Whether it was repairing damaged hair, enhancing volume, or controlling frizz, Ravel aimed to cater to the diverse needs of their customers and become a trusted name in the industry.

The Pitch:

Ravel entered the tank with a mission to redefine haircare with their line of innovative products. Their idea centered around offering customers high-quality haircare solutions that addressed a variety of needs, from nourishment to styling. With an original ask of ₹75 Lakhs for 2.5% equity, Ravel sought investment to scale their production, expand their product line, and reach a wider audience of haircare enthusiasts.

The Deal:

Ravel's pitch caught the attention of Anupam Mittal, who recognized the potential of their products to disrupt the haircare market. Striking a deal with Anupam Mittal, Ravel set ambitious targets to achieve ₹7.5 Lakhs in monthly profit within two months. While the condition was challenging, it demonstrated Ravel's confidence in their products and their commitment to success.

Investors Behind Ravel

Anupam Mittal: With the backing of Anupam Mittal, Ravel embarked on a journey to achieve their ambitious targets and solidify their position in the haircare industry. The investment provided Ravel with the resources they needed to ramp up their operations, increase their marketing efforts, and drive sales growth.

Conclusion:

Ravel's appearance on Shark Tank India Season 2, Episode 22 showcased the power of ambition and determination in entrepreneurship. By setting bold targets and securing a deal with Anupam Mittal, Ravel demonstrated their confidence in their products and their readiness to take on the challenges of the market. As they work towards achieving their goals, Ravel serves as an inspiration for aspiring entrepreneurs and a testament to the transformative potential of innovative ideas in the beauty industry.

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