Sexual Wellness Products
Yoga and Meditation
Season 3 Episode 44
| Brand | Luvottica |
| Company Name | Livsol Innovations Private Limited |
| Founders | Dalip Kumar |
| Original Ask | 2 crores for 10% equity at the valuation of Rs. 20 crores |
| Deal | No Deal |
About the Product
Luvottica offers a range of elegant and ergonomic meditation and yoga products designed to enhance the wellness experience. Their Dhyanam Seat provides a serene space for individuals to find calmness of mind and sanctuary for the soul. Crafted with precision and attention to detail, the Dhyanam Seat offers a comfortable and supportive cushion for meditation and yoga practice. The Tantra Chair, another offering from Luvottica, embodies ergonomic design principles to unlock the secrets of connection. Designed to facilitate intimacy and passion, the Tantra Chair provides a supportive and comfortable seat where individuals can embrace connection and explore the depths of intimacy. With its thoughtful design and high-quality construction, the Tantra Chair offers a unique space for deepening connections and enhancing relationships.
Available in a sleek grey fabric, the Dhyanam Seat exudes sophistication and elegance, blending seamlessly into any meditation or yoga space. With its versatile design and premium materials, the Dhyanam Seat offers both comfort and style for individuals seeking a dedicated space for mindfulness and self-reflection. Luvottica’s commitment to quality and innovation shines through in their range of meditation and yoga products. With the Dhyanam Seat and Tantra Chair, individuals can elevate their wellness experience, finding solace, connection, and serenity in the comfort of their own space. Whether seeking moments of tranquillity or deepening connections with loved ones, Luvottica’s products offer a path to enhanced well-being and fulfilment.
Founders & their story
- Dalip Kumar
Luvottica specializes in furniture designed for intimate activities, with a primary focus on promoting sexual wellness, yoga, and meditation. Their product line includes items tailored for yoga and meditation, such as the Dhyanam meditation seat and Shirsh Asana Stand, among others. With over 650 orders fulfilled, they have made significant strides in the market. Recognizing the potential of the Indian sexual wellness market, estimated at 8000 crores, Luvottica positions itself strategically within this growing sector. Offering a curated selection of 4 SKUs, they cater to diverse needs and preferences. Through their innovative products, Luvottica aims to foster a holistic approach to wellness, facilitating both physical and mental well-being.
About the company
Luvottica invites individuals to embark on a shared journey towards holistic well-being. At the core of their mission lies a commitment to inspire and empower individuals to lead healthier, more satisfied, and fulfilling lives.
Founded on the belief that well-being encompasses mind, body, and soul, Luvottica curates a diverse range of Wellness Products designed to elevate every aspect of life. From innovative sexual wellness products to premium quality yoga and meditation products, their collection reflects a dedication to nurturing overall wellness. The team at Luvottica is driven by passion, expertise, and a genuine desire to make a positive impact. They aim to cultivate a community that shares a common vision of a healthier and happier world. With transparency, quality, and innovation as their guiding principles, they invite individuals to embrace a lifestyle that prioritizes self-care and holistic wellness.
Luvottica’s reach extends far beyond borders, as they supply their products to countries worldwide, including the United Kingdom, UAE, France, Thailand, Nepal, Maldives, Indonesia, Singapore, and many others. They boast a long list of individual and business clients both in India and across the globe, having supplied their products to high-class hotels and resorts in various honeymoon destinations. Grateful for the opportunity to be chosen as a partner in transformative journeys, Luvottica extends their thanks to individuals for choosing them. They raise a toast to a life of balance, vitality, and well-being, inviting all to join them in embracing a journey towards holistic wellness.
Revenue
For fiscal year 2023-2024, they anticipate projected sales to reach 1 crore. With a gross margin of 80%, they expect to maintain a net margin ranging between 30-35%.
Founders’ Ask
2 crores for 10% equity at the valuation of Rs. 20 crores.
No Deal
Reasons for no deal
Namita: The business is not scalable.
Aman: The ask is too much.
Ritesh: Focus only on the yoga and meditation segment.
Vineeta: The solution is irrelevant.
Anupam: The business is too niche.
