Four founder coming with running business App Based Home Salon Service Yes Madam for 1.5 Crore funding with best ideas for growing salon service business. Do you know about which shark interested in this business, Then read full articles and update information about business growing strategies.
| Company | Yes Maidam |
| Product | App Based Home Salon Service |
| Season | 3 |
| Episode | 19 |
| Pitch | 55 |
| Ask | ₹ 1.5 Crores for 0.5% Equity |
| Deal | ₹ 1.5 Crores for 2% Equity + 2% Equity till 1.5 Crore is Recouped |
| Shark | Aman Gupta, Vinita Singh, Anupam Mittal, Ritesh Agrawal |
App Based Home Salon Service Yes Madam Updates
In a groundbreaking episode of Shark Tank India Season 3, Episode 19, Pitch 55, four ambitious entrepreneurs stepped onto the stage with a visionary concept aimed at revolutionizing home salon services.
With their innovative business app, they captured the attention and investment of the Sharks, securing a remarkable 1.5 crore funding.
The founders, a dynamic team comprising experienced professionals in the beauty and technology sectors, presented their unique solution to address the growing demand for convenient and personalized salon experiences.
Their app leverages cutting-edge technology to connect users with skilled beauty professionals who provide salon services in the comfort of their own homes.
During their pitch, the founders eloquently outlined the challenges faced by consumers in accessing quality salon services amidst their busy schedules.
They emphasized the need for a platform that not only offers convenience but also ensures trust, reliability, and customization tailored to individual preferences.
What sets their app apart is its user-friendly interface, seamless booking process, and comprehensive range of services including hairstyling, makeup, skincare, and grooming.
Through the app, users can browse profiles of certified professionals, view their portfolios, and schedule appointments at their preferred time and location with just a few taps on their smartphones.
The Sharks were captivated by the founders’ passion, expertise, and the immense potential of their business model. Recognizing the scalability and market demand for such a service, they engaged in a spirited negotiation, ultimately agreeing to invest 1.5 crore in exchange for an equity stake in the company.
With this significant investment secured, the founders are poised to expand their operations, enhance their technology infrastructure, and further penetrate the burgeoning home salon market.
Their innovative approach not only addresses the evolving needs of consumers but also empowers beauty professionals by offering them a flexible and rewarding platform to showcase their skills.
As they embark on this exciting journey, the founders remain grateful for the opportunity provided by Shark Tank India to showcase their vision and secure the funding needed to propel their business to new heights.
Their success serves as a testament to the spirit of entrepreneurship and innovation thriving in India’s dynamic startup ecosystem.
App Based Home Salon Service Deal Process Moment
