| Brand | Winston Salon |
| Company Name | Winston Electronics Private Limited |
| Founders | Himanshu Adlakha, Nikita Adlakha |
| Original Ask | Rs. 1 crore for 4% equity at a valuation of Rs. 25 crores. |
| Deal | Rs. 1 crore for 10% equity at a valuation of Rs. 10 crores. |
About the Product
Winston manufactures beauty appliances that can be used at home & give you salon-like results. It’s a brand that specializes in personal care appliances, including products such as eyebrow trimmers, face trimmers, LED face masks, blackhead removers, callus removers, facial cleansers, etc.
Winston Eyebrow Trimmer, a small, portable gadget for grooming eyebrows at home, is their most popular product. The trimmer’s precise blade and built-in light allow for painless hair removal. Its rechargeable battery permits cordless usage and mobility.
Their product, an LED face mask, produces a blue light that soothes skin irritation, an orange light that detoxifies and brightens the skin, and a red light for anti-ageing and collagen formation. This product may be used alone or in combination with any serum or mask.
The brand is known for making high-quality products with unique features and long-lasting materials. One can buy their products from their website & other e-commerce platforms like Amazon, Nykaa, Flipkart, etc.
Founders & their story
Himanshu Adlakha
Nikita Adlakha
After completing college, Nikita started selling international brands (not available in India) on Instagram; she soon realized that the Instagram business had potential, so she convinced her dad to run the same business & they started a skincare brand named Milagro Beauty (which is now run by her dad).
Himanshu, on the other hand, hails from a family of electronics business & has worked with his family for more than four years.
When they both got married, Himanshu used his electronics expertise & Nikita, with her D2C expertise, started their own company named Winston.
About the company:
In 2021, Winston India was formed with the aim of transforming people’s conceptions on the importance of personal care for women. The company sells innovative beauty items based on cutting-edge technology and enables customers to obtain the same level of beauty as professional stylists without leaving the convenience of their own homes.
The company’s product line extends from face care to body care and includes high-quality appliances like epilators, eyebrow trimmers, and other similar items, all of which are designed to improve your natural beauty and give you a more youthful look.
Winston India aims to make grooming and skincare routines easier and more efficient. The business is well-known for its devotion to client happiness and high-quality products.
Revenue:
Their sales in FY 21-22 were Rs. 1.20 crores. Till July 2022, in FY 22-23, they have made sales of Rs. 1.50 crores. Their net profit in July 2022 was Rs. 3.44 lakhs.
Projection sales for FY 2022-23 is Rs. 6 crores.
46% of the sales come from face trimmer & eyebrow trimmer & 20% from the callus remover.
Founder’s Ask
Rs. 1 crore for 4% equity at a valuation of Rs. 25 crores.
Offers:
Vineeta & Anupam’s combined offer was Rs. 1 crore for 10% equity at a valuation of Rs. 10 crores.
Final Deal
The deal was finalized with Vineeta & Anupam at Rs. 1 crore for 10% equity at a valuation of Rs. 10 crores.
