HairOriginals Shines on Shark Tank India with Premium Extensions
Hair Originals Overview:
Hair Originals Overview:
Hair Originals, based in Gurgaon, India, manufactures and exports premium hair extensions, ensuring ethical sourcing and quality control, founded in 2018.
Product Range:
Product Range:
Offers clip-in extensions, permanent extensions, hair toppers, wigs, and accessories for both men and women, with a focus on natural Indian Remy hair.
Founder:
Founder:
Jitendra Sharma, originally a theatre artist and film producer, founded Hair Originals to meet the global demand for 100% real human hair wigs and extensions.
Market Focus:
Market Focus:
Operates in the retail and consumer goods market, catering directly to individual consumers in the hair care and beauty industries (B2C).
Funding:
Funding:
Raised $3.24 million in funding over five rounds, with the latest seed round of $1.5 million on April 7, 2023, led by investors like Anicut Capital and LetsVenture.
Financial Performance:
Financial Performance:
As of March 31, 2023, the company had a revenue of $930,000 but a net loss of $520,000, employing 652 people.
Investors:
Investors:
Hair Originals has 19 institutional investors, including Anicut Capital and JITO Incubation & Innovation Foundation, and 40 individual angel investors.
Swipe up to access the comprehensive article on the topic