Founded by Rahul Shah, Yaan Man, a Gujarat-based brand, is rewriting the narrative by introducing India’s first makeup line for men
Rahul Shah was first introduced to men’s makeup through friends living abroad. While it was a common practice overseas, Indian men had a different mindset
His goal is to introduce concealers, BB creams, and other skincare products that men could use without hesitation
Yaan Man is still in its early stages and currently operates at a loss. FY22-23: 9 Lakhs. FY23-24: 20 Lakhs. FY24-25 (Till Sep): 35 Lakhs. Sep ‘24 Sales: ₹9.2 Lakh
Aman Gupta – Offered ₹50 lakh for 10% equity, backing the potential of men’s makeup. Anupam Mittal – Countered with ₹50 lakh for 9% equity
Rahul’s Counteroffer: Asked if Aman and Anupam could invest together
Anupam responded: "Aman and I don’t always agree—bringing us together costs money." So, he proposed ₹1 crore for 20% equity
Rahul accepted the offer without hesitation. Money will help to: Expand product lines, Strengthen marketing, Scale e-commerce and offline retail