Are you tired of struggling with your makeup routine? Do you want to learn how to create flawless looks for any occasion?
Recode Studios Shark Tank India Review:- Recode Studios is a makeup classes business that can help you achieve your dream makeup skills. Our team of experienced makeup artists will teach you the latest techniques, tips, and tricks in the industry. Whether you’re a beginner or an experienced makeup enthusiast, we have a class that will suit your needs.
Makeup Classes Business in India(Case Study)
Imagine being able to create beautiful looks on your own without having to rely on a makeup artist for every event. With Recode Studios, you can unleash your inner artist and express your unique style through makeup. Our classes are designed to help you build your confidence and enhance your creativity.
Join the thousands of satisfied customers who have already taken our classes and transformed their makeup skills. Visit our website today to book a class and start your journey to becoming a makeup pro. Don’t miss this opportunity to invest in yourself and your future. Recode Studios – where makeup becomes art.
Entrepreneur Name – Dheeraj Bansal & Rahul Sachdeva
About the Entrepreneur – Recode Studios was founded by Rahul Sachdeva, a 36-year-old resident of Panchkula City, and Dheeraj Bansal, a 35-year-old resident of Ludhiana.
Rahul had previously worked in the unorganized sector of the cosmetics industry, where he developed top-quality makeup products and had distribution in five states.
Dheeraj, on the other hand, had been selling bicycle parts and had been involved in business with Rahul’s brother-in-law since 1998.
LinkedIn Profile- https://www.linkedin.com/in/dheerajbansal78/
| Brand Name– | Recode Studios |
| Brand Website- | https://shop.recodestudios.com/ |
| Business Category– | Makeup Classes |
| Company Valuation– | ₹100 Crores |
| Equity Asked– | ₹1 Crore for 1% Equity |
| Deal Closed– | No |
| Target City/Country- | India |
| Product/Services– | Makeup Classes |
About the Product – Recode is a makeup brand that sells international products and is available at 250 retail locations, its own website, and an app.
Recently, they have expanded with three new franchises in Faridabad, Delhi, and Raipur. In 2001, they opened their own marketplace where they feature 60 other brands alongside Recode. In 2018, Rahul and Dheeraj agreed to start Recode Studios within 2 hours of discussing the idea.
Rahul explained that while there are six other brands in the market that target the consumer market, they do not see them as competition.
Recode also offers offline self-grooming classes for girls as a means of customer acquisition. These classes run for 3 to 4 hours and cost ₹1500, with the product also sold for ₹1500. They aim to provide an affordable alternative to international brands in the market.
Conclusion –
Dheeraj Bansal & Rahul Sachdeva asked for ₹1 Crore for 1% Equity. Shark Namita withdrew from the deal instantly, citing her principle of refraining from investing in her friend’s competing business.
Aman followed suit, prioritizing his friendship over business matters. Piyush and Veenita also withdrew from the deal, leaving Anupam as the only one left.
However, even Anupam later decided to step out, citing two reasons – the unexpected valuation and an unfavorable chemistry with the founders. There is no Deal.
