Uttar Pradesh-based Beautywise was founded by Anousha Chauhan & Shreyansh Chauhan brand focused on advanced skincare and hair supplements.
The company combines marine collagen, bioavailable ingredients, & dermatologist-approved formulations to create supplements.
Beautywise has grown rapidly, selling to over one lakh customers and earning the trust of more than 1,000 dermatologists and cosmetologists who recommend its products.
While sales are scaling fast, the brand’s profit margins are slightly declining (Projected FY24-25 EBITDA: 6%) due to increased marketing and operational costs.
Beautywise sells through multiple channels, ensuring widespread availability: Skin Clinics: 50%, Pharmacies & Trade: 6%, E-Commerce: 38%, Own Website: 6%.
On Shark Tank India, Beautywise sought ₹1 crore for 1.5% equity, valuing the company at ₹66.7 crore.
Three sharks showed interest and made competing offers: Ritesh’s Offer: ₹1 Cr for 38% equity. Aman’s Offer: ₹1 Cr for 3% equity. Kunal’s Offer: ₹2.15 Cr for 5% equity.
After a final round of discussions, the founders chose Aman Gupta as their investor, securing ₹1 crore for 3% equity.