Singh Styled Shark Tank India Season 2
Singh Styled
The mission of Singh Styled Business is to provide every guy born into a Sikh family with the appropriate comfort and supplies so they may keep their beard and clothes looking elegant. They are concentrating on two needs: first, they are offering high-quality turbans; second, they are offering personal care products, with a special emphasis on bearded care, which is the Sikh community’s pride.
Founder of Singh Styled
Charanjeev Singh Salva is the company’s founder and CEO. Ashwath Pujari is in charge of the operation. His hometown is Bombay.
Singh Styled Funding Round
Company Name | Singh Styled |
Shark Tank India Season | 2 |
Episode No | 45 |
Season No | 2 |
Brand | Singh Styled |
Idea | Quality turbans and personal care products for Sikhs |
Original Ask | 50 Lakhs for 5% Equity |
Deal | 50 Lakhs for 10% Equity (Condition – Peyush has the option to invest an additional ₹ 75 Lakhs at the same valuation) |
Invested By: | Peyush Bansal |
Their idea revolved around filling a gap in the market by offering top-notch turbans made from high-quality materials, along with a range of grooming essentials tailored to the Sikh community. By prioritizing quality, authenticity, and cultural sensitivity, Singh Styled sought to become the go-to destination for Sikh individuals seeking premium turbans and personal care products.
The Pitch:
Singh Styled entered the tank with a proposition to offer premium turbans and grooming products designed to meet the unique needs of Sikh individuals. With an original ask of 50 Lakhs for a 5% equity stake in their company, they aimed to secure investment to expand their product line, enhance brand visibility, and tap into the growing market demand for culturally relevant accessories.
The Deal:
Singh Styled successfully struck a deal with investor Peyush Bansal, who agreed to invest 50 Lakhs in exchange for a 10% equity stake in the company. Additionally, the deal included a condition where Peyush had the option to invest an additional 75 Lakhs at the same valuation, providing potential for further investment and growth opportunities.
Investors Behind Singh Styled
Peyush Bansal: With the investment secured from Peyush Bansal, Singh Styled can leverage the funding to scale their operations, expand their product offerings, and strengthen their market presence. By capitalizing on Peyush's expertise and resources, they can accelerate their growth trajectory and establish themselves as a leading brand in the niche market segment they serve.
Conclusion:
Singh Styled's success in securing investment on Shark Tank underscores the potential of their business model and the market demand for culturally relevant products. With a commitment to quality, innovation, and cultural authenticity, they are well-positioned to capitalize on emerging opportunities and carve out a distinct identity in the competitive landscape of fashion and grooming.