Avataar Skincare: Transforming Skin Health with Laser Innovations

• Company Name: Avataar Skincare
• Founders: Saumya Mishra
• Headquarters: Delhi, India
• Founded Year: 2022
• Business: Laser Skin Treatment
• Profitability: No
• Shark Tank Episode: Season 3 – Episode 30
• Asked For: INR 70 Lakhs for 1% equity
• Deal: INR 35 Lakhs for 0.5% equity with INR 35 Lakhs Debt At 14% Interest For 3 Years
• Sharks Invested: Aman Gupta and Anupam Mittal
• Valuation Given: INR 70 Crores
• Website: Avataar Skincare

At Avataar Skincare, we pride ourselves on delivering top-tier skin treatments directly to your doorstep. Experience the luxury of world-class skincare from the comfort of your own home. Schedule a complimentary video consultation today to speak with our team of experts and discover the personalized solutions tailored to your unique needs.

Avataar Skincare Shark Tank Pitch and Updates

Saumya Mishra, founder of Avataar Skincare, made a compelling appearance on Shark Tank India Season 3, sharing the journey behind her innovative service company.

Pitch Highlights:

Saumya began her pitch by narrating personal stories of individuals struggling with various skin conditions, including her own battle with acne that affected her confidence. Inspired by her own experiences and the hefty costs associated with traditional treatments like laser surgery, she conceived the idea of Avataar Skincare. The mission? To offer world-class skin treatments at accessible prices.

Key Features:

• All equipment used by Avataar Skincare is US FDA-approved, ensuring safety and efficacy.
• Treatments are curated by dermatologists and administered by trained technicians in the comfort of clients’ homes.
• Unique ‘Cocktail Technology’ promises accelerated results and cost reduction by 20-30%.
• With a satisfied clientele of over 7000 customers in Delhi and Bombay, Avataar Skincare has proven its effectiveness and popularity.

Investment Proposal:

Saumya sought INR 70 Lakhs for 1% equity, valuing the company at INR 70 Crores.

Shark Interactions:

• Peyush Bansal commended Saumya’s passion and advised her to share more about her background while cautioning against defensiveness.
• Anupam Mittal inquired about the brand name choice, to which Saumya explained its universal appeal.
• Namita Thapar delved into the business model and operational processes.
• Aman Gupta requested a demo of the mobile application and details about the buyer’s journey.
• Vineeta Singh raised questions but ultimately opted out, citing a perceived lack of humility.

Deal Conclusion:

Saumya received individual offers from Aman Gupta and Anupam Mittal, prompting her to propose a counteroffer and suggest a joint investment. Both sharks agreed, resulting in a successful partnership to drive Avataar Skincare forward.