The Shark Tank 2.0 has raised INR 50 lakhs for Singh Styled

Singh Styled is a brand that focuses on providing styling and grooming products specifically tailored for Sikh gentlemen. It was founded by Charanjeev Singh, a digital evangelist with extensive entrepreneurial experience. The brand’s range of products includes turbans and beard care items designed to help Sikh individuals maintain their unique identity with pride and style. Additionally, Singh Styled aims to empower Sikhs to express their beliefs and values through their distinct fashion choices. The brand’s commitment lies in offering quality, authentic, and affordable products that reflect the Sikh identity, with a team of professionals dedicated to ensuring customer satisfaction and accessibility to all, regardless of age or background.

Click here to visit official website: Singh Styled

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Charanjeev Singh, who is the founder of Singh Styled has a lot of experience in creating and managing digital products in industries like banking, retail, logistics, and commerce. Singh Styled is a brand that focuses on styling and grooming products for Sikh men. Charanjeev believes that the Sikh identity is special and global, given by their Gurus for free. Singh Styled’s mission is to help Sikh men maintain their unique identity by offering products for turban, beard, and hair care.

Singh Styled is a company that specializes in creating high-quality turbans and grooming products specifically tailored to meet the needs of Sikh individuals. To further develop their business, they appeared on a TV show where entrepreneurs present their ideas to potential investors. In their pitch, Singh Styled asked for an investment of 50 Lakhs in exchange for a 5% ownership stake in their company. They intended to use the funds to expand their range of products, increase their brand visibility, and cater to the increasing demand for culturally relevant accessories.

During the show, a successful businessman named Peyush Bansal showed interest in Singh Styled’s concept and decided to make an investment. He offered to invest the requested 50 Lakhs but in exchange for a larger 10% ownership stake in the company. In addition to this initial investment, Peyush also negotiated a condition that allowed him the option to inject an additional 75 Lakhs into the business at the same valuation in the future. This potential for further investment not only provides Singh Styled with more capital for growth but also brings in the expertise and guidance of Peyush as a strategic partner. Ultimately, the deal struck between Singh Styled and Peyush Bansal offers both parties the opportunity for mutual benefit and successful business expansion.

It is ranked 11th out of 49 competitors. Out of these competitors, 9 have received funding, while 2 have exited the market. Together, Singh Styled and its rivals have raised over $80.2 million from investors in 34 funding rounds. This means that Singh Styled is performing relatively well in the competitive landscape, with a solid amount of funding and market presence compared to its peers.

Singh Styled Business is a company that started in 2016 and sells products like beard care, accessories, and turbans. They ship their products to over 130 places around the world including countries like India, Canada, the United Kingdom, and the United States. They have many customers, over 60 thousand to be exact. In terms of what they sell, most of their sales come from personal care products like beard care, making up 60% of their sales. The rest of their sales, 40%, come from selling turbans.

Over the years, their sales have been increasing. In the financial year 2019-20, they made ₹12 lakh. The following year, they increased their sales to ₹14 lakh. In the year after that, their sales jumped to ₹33 lakh. Till now in the financial year 2022-23, they have already made ₹42 lakh in sales. In September 2022 alone, they had sales of ₹7.5 lakh. So, overall, Singh Styled Business has been growing steadily and doing well in selling their products globally.

Shark Tank India showcases a dynamic platform where aspiring business owners pitch their concepts to influential investors, hoping to gain the support and resources needed to scale their enterprises.