There will be six business moguls in Shark Tank India 2. They are Amit Jain, Namita Thapar, Peyush Bansal, Anupam Mittal, Vineeta Singh, and Aman Gupta.
This season, Amit Jain, the CEO of CarDekho.com, takes the role of Ashneer Grover, who was formerly the MD and co-founder of BharatPe.
Speaking about the programme, like the first season, all Sharks will examine and comprehend the plan and will also identify issues with the business concept and firm value. They will also choose the investment’s profit margin (ratio).
With their firm Winston, Himanshu and Nikita Adlakha make a strong entrance and kick off the new episode. Winston introduces a range of beauty gadgets that can be used at home, reducing the number of trips to the salon. Their brand, which adheres to the 3S slogan of “Smart, Sturdy, and Super simple,” has 8 goods available on their website and other e-commerce platforms.
A line of face care and painless hair removal products has been thoughtfully developed by Winston India. Everybody can utilise the personal care goods that Winston India Business offers, including epilators, eyebrow trimmers, blackhead removers, and LED face masks.
In order to replace the pricey salons in the fast-paced world and provide yourself with the salon experience at home, Winston India has developed a new lifestyle for personal care. Explain the challenge you perceive with this product from a business standpoint and how you would go about arranging the growth after viewing the shark and the business pitcher.
The face brow trimmer costs Rs. 2490, while the two face washes in the range are priced at Rs. 2090 and Rs. 2990. The trimmer is described as being electric and having a one-year replace warranty, despite the fact that its cost is mentioned as a negative.
Address: Plot No. 7A, Sector 24, Faridabad, Haryana.
Email id: email@example.com
Phone number: +91-9999510692
Winston is currently giving a 50% discount on their website. Run, don’t wak RIGHT NOW!
Funding asked from the Sharks
Their items, which they are requesting for Rs. 1 crore for 4% equity, are really created in China before being imported.
Sales of the Company
Given that sales for Winston were 1.2 crores last year and are expected to be 6 crores this year, the complaint rate is claimed to be much lower than 0.5%. Monthly sales for July increase significantly, and the business makes a profit of Rs. 3.44 lakhs.
Namita puts on their LED treatment mask, which promotes skin purification and soothes skin irritation in addition to other benefits including anti-aging.
Meanwhile, Namita has made it plain that she won’t be utilising these appliances because they were made in China, which brings up the issue of a “trust imbalance.” In contrast, Vineeta and Anupam make an offer of Rs. 1 crore for 10% stock, but Aman declines owing to an existing conflict of interest with one of his planned businesses. Vineeta and Anupam’s proposal is accepted by the couple when they return, and the space is then cleared for the celebration dance.
The founders of Winston India Business Pitch in Shark Tank India Season 2 presented a very authentic demeanour to the sharks while outlining their background. The Shark Tank India promotional film encourages sharks and the general public to conduct a financial analysis for this company while keeping the notion of a new type of beauty and product idea in consideration of sharks. Let us know what you think about the product and whether you would buy it.
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