Full detailed information about Conscious Chemist pitch in Shark Tank India Season 3. Know more about the business, founders, pitch, deals and hidden facts.
In an engaging Shark Tank India Season 3 episode, Conscious Chemist, a pioneering skincare startup by Prakhar Mathur and Robin Gupta from Rajasthan, presented their vision. They focus on scientifically formulated products to address common skin issues. Highlighting significant revenue and a strong market presence, they demonstrated their brand’s impact and potential. Despite the transcript not disclosing deal specifics, their pitch showcased innovation and business savvy, leaving a memorable mark on the season.
The business, Conscious Chemist, offers a range of skincare solutions with a focus on addressing common skin concerns that affect a significant portion of the Indian population. Here are the key solutions and attributes of their offerings as inferred from the transcript:
Science-Driven Formulations: Conscious Chemist emphasizes the use of scientifically backed ingredients and formulations to tackle skin issues effectively. This approach ensures that their products are not just cosmetic but also therapeutic, providing tangible benefits to users.
Innovative Ingredients: The brand prioritizes the inclusion of innovative and high-quality ingredients in their products. This commitment to quality means that users can expect effective and safe solutions for their skincare needs.
Focus on Common Skin Concerns: The brand’s product range is designed to address widespread skin problems, such as acne, pigmentation, and aging signs, which are prevalent among over 80% of the Indian population. This targeted approach makes their offerings relevant to a broad audience.
Sustainable and Ethical Practices: Although not explicitly mentioned in the provided transcript, brands like Conscious Chemist often emphasize sustainability and ethical practices in sourcing and production. This commitment resonates with environmentally conscious consumers and those who value corporate responsibility.
Accessibility: By making their products available on their website and prominent marketplaces like Amazon, Conscious Chemist ensures that their solutions are accessible to a wide audience. This ease of access, combined with the efficacy of their products, contributes to customer satisfaction and loyalty.
Customer Education: Through their marketing and product packaging, Conscious Chemist likely invests in educating their customers about skin health, the science behind their formulations, and the proper use of their products. This educational aspect helps build trust and empowers users to make informed decisions about their skincare routines.
Location: Founders are from Jaipur and Alwar, Rajasthan.
Industry: Skincare/Cosmetics.
Focus: Addressing common skin concerns with science-driven formulations.
Innovation: Use of high-quality, innovative ingredients.
Revenue: Achieved around 4.5 crores INR in the previous year with a loss of 65 lakhs INR; 3.6 crores INR already achieved in the current year with a target of 9 crores INR.
Monthly Sales: Crossed around 85 lakhs INR last month with net revenue around 65 lakhs INR after GST.
Gross Margin: Improved through packaging changes and marketing cost optimization.
Market Presence: Products available on their website and major marketplaces like Amazon.
Growth Strategy: Emphasis on gross margin improvement and achieving break-even.
FAQ’s
What is The Honest Home Company?
The Honest Home Company is a pioneering business that focuses on creating eco-friendly and sustainable home and kitchen products. Founded by Mayank Pratap Sisodia, the company aims to reduce the environmental impact of everyday items by offering plastic-free alternatives.
What types of products does The Honest Home Company offer?
The Honest Home Company’s product range includes eco-friendly cleaning solutions and sustainable paper products, such as dishwash liquids, floor cleaners, toilet paper, and wrapping paper, all designed to be environmentally friendly and sustainable.
How does The Honest Home Company contribute to sustainability?
By providing products that are free from plastic packaging and made with sustainable materials, The Honest Home Company helps reduce plastic waste and promotes eco-conscious living. Their innovative refill solutions further minimize the need for new plastic containers.
Was The Honest Home Company featured on Shark Tank?
Yes, The Honest Home Company was featured in Shark Tank India Season 3, where founder Mayank Pratap Singh pitched the business to the Sharks, securing a deal that highlighted the company’s potential and commitment to sustainability.
Where can I purchase The Honest Home Company’s products?
The Honest Home Company’s products are available through their official website and selected retail partners. Check their website for the most current information on where to buy their eco-friendly products
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