Are you a Sikh looking for high-quality grooming and styling products that cater specifically to your needs? Look no further than Singh Styled!
Singh Styled offers a range of products designed specifically for Sikh men, including high-quality turbans and personal care products. Their turbans come in a variety of colors and styles, and are made from the finest materials to ensure a comfortable and stylish fit.
Cosmetics Business In India(Case Study)
Their personal care products are also specially formulated to cater to the unique needs of Sikh men, with ingredients that promote healthy hair and skin.
Whether you’re looking to make a fashion statement or simply want to take care of your grooming needs, Singh Styled has everything you need to look and feel your best. Their products are designed with the needs of Sikh men in mind, and are made to the highest standards of quality and craftsmanship.
Try Singh Styled’s range of turbans and personal care products today and discover a new level of comfort and style. Visit their website to learn more about their products and place an order today.
With Singh Styled, you can rest assured that you’re getting the highest-quality grooming and styling products that cater specifically to your needs as a Sikh.
Entrepreneur Name – Charanjeev Singh Salva and Ashwath Pujari
About the Entrepreneur – Charanjeev Singh Salva, the CEO, and founder of the company is based in Mumbai, while Ashwath Pujari, the Operation Head, is also located in the same city.
LinkedIn Profiles
Charanjeev Singh Salva | https://www.linkedin.com/in/charanjeevsinghsalva/ |
Ashwath Pujari | https://www.linkedin.com/in/ashwath-poojari/ |
Brand Name– | Singh Styled |
Brand Website- | https://www.singhstyled.com/ |
Business Category– | Styling and Grooming Products |
Company Valuation– | ₹5 Crores. |
Equity Asked– | ₹50 Lakhs for 5% Equity |
Deal Closed– | Yes |
Final Shark Tank Deal– | ₹50 Lakhs for 10% Equity |
Target City/Country | India |
Total Addressable Market- | 31000 INR Crore market size by 2027-2028 |
Product/Services– | Quality turbans and personal care products for Sikhs |
About the Product – For centuries, Sikh individuals have proudly displayed their identity through their turban and well-groomed beard, as taught by their spiritual leaders.
However, despite this unique cultural heritage, no brand had ever emerged to provide high-quality turbans until Singh Styled was founded in 2016.
Not only do Sikh individuals have to take care of their beards, but they also have to contend with alcohol-based skin care products that can lead to chronic health problems such as asthma.
Singh Styled recognized this issue and set out to create quality turbans and personal care products that are alcohol and gum-free.
Singh Styled has been successful in delivering its products to over 130 countries worldwide, serving more than 60,000 customers.
Unlike other brands that promote beard growth oils, Singh Styled differentiates itself by promoting beard nourishers and setters.
Their product line includes six beard care items, four accessories, and over 100 shades of turbans.
Conclusion –
Chiranjeev Singh Salva and Ashwath Pujari asked ₹50 Lakhs for 5% Equity. Shark Peyush made an initial offer of INR 50 lakhs for a 20% equity stake in the business, on the condition that he would be an active investor.
In response, Pitcher countered with a proposal of INR 50 lakhs for a 10% equity stake.
After further negotiation, Peyush agreed to invest INR 50 lakhs for a 10% equity stake, with the additional condition that he would invest another INR 75 lakhs at the same valuation.
The deal was ultimately finalized with Peyush.