Skincare
At home treatment
Season 3 Episode 30
| Brand | Avataar Skincare |
| Company Name | Avataar Skincare Technologies |
| Founders | Saumya Misra |
| Original Ask | 70 lakhs for 1% equity at the valuation of Rs. 70 crores |
| Deal | 35 lakhs for 0.5% equity at the valuation of Rs. 70 crores and 35 lakhs debt at 14% interest for 3 years |
About the Product
Avataar Skincare Technologies offers a range of cutting-edge treatments tailored to address various skin and hair concerns, providing individuals with personalized solutions for radiant and healthy skin. Unveil the underlying causes of skin issues through their AI skin analyser, guiding guests on a personalized journey towards achieving a luminous complexion.
Embrace the transformative experience of the Derma Revive Facial, a meticulously curated 10-step treatment utilizing Q-switched laser and ultrasound technologies. This facial target uneven skin tone, melasma, and pigmentation while restoring the skin’s oil balance and imparting a radiant glow. Combat acne and acne scars with the Acne Arrestor Facial, featuring a potent salicylic peel that effectively reduces acne while maintaining optimal oil balance and eliminating acne-causing bacteria.
Experience the revitalizing effects of VitHair Trichology, a specialized treatment aimed at reducing hair fall and dandruff, promoting hair growth, and enhancing hair texture for healthier-looking locks. Restore vitality to your hair with Hair PRP, a natural rejuvenation therapy that addresses hair loss, damaged strands, and scalp health, resulting in improved hair growth and overall hair health.
Achieve flawless skin with BB Glow, a comprehensive treatment that targets dark spots, pigmentation, open pores, and tanning, while simultaneously enhancing skin texture with a semi-permanent foundation effect. Enhance your natural beauty with Lip Tinting, a long-lasting solution to dark-pigmented lips, offering the convenience of beautifully tinted fuller lips without the hassle of frequent lipstick application. Boost your confidence with a natural-looking lip tint that complements your unique features.
Founders & their story
- Saumya Misra
Avataar Skincare offers an innovative app allowing clients to book world-class laser treatment services at home. The app addresses various conditions such as acne, pigmentation, unwanted hair, hair fall, and weight reduction. All equipment utilized is approved by the US FDA, and treatment plans are carefully crafted by dermatologists. Clients receive treatments in the comfort of their homes from skilled technicians. The equipment features cocktail technology, ensuring expedited results for clients. Moreover, Avataar Skincare’s services are priced 20-30% lower than traditional clinics, making them more accessible. With over 7000 satisfied customers and a significant market opportunity in India’s wellness services sector (valued at 16000 crores), Avataar Skincare has demonstrated its potential. Since its inception in April 2022, the company has been steadily expanding its operations, starting to serve customers in Mumbai from November 2023. Currently, Avataar Skincare is raising a 16.6 crores investment round at a valuation of 70 crores. The company has also secured grants totalling 83 lakhs, in addition to investments from its founders amounting to 1-1.5 crores.
About the company
Avataar Skincare Technologies invites individuals to discover their best selves through a comprehensive range of technologically advanced, non-invasive skin treatments tailored for both men and women. Their primary objective is to ensure complete customer satisfaction, fostering inner confidence and personality transformation through their services.
With US FDA approval, Certification Europe, and ISO certification, they adhere to the highest standards of safety and quality. Leveraging artificial intelligence, they proficiently analyse skin issues with precision, delivering customized solutions for everyone. Guests can embark on a daily journey of transformation at their Gurugram centre, where glowing skin and healthy hair are the norm. The centre offers state-of-the-art treatments to rejuvenate the skin, combat aging effects, boost collagen/elastin levels, and address hair fall concerns.
Revenue
Monthly sales for Avataar Skincare amount to 60 lakhs, with a commendable gross margin of 87%. The contribution margin stands at 9%. Despite the healthy sales figures, the monthly burn rate ranges between 10-15 lakhs. Currently, the company maintains a comfortable reserve with 25 lakhs in the bank.
Founders’ Ask
70 lakhs for 1% equity at the valuation of Rs. 70 crores.
Offers
Anupam’s offer: 90 lakhs for 3% equity at the valuation of Rs. 23.33 crores.
Aman’s offer: 90 lakhs for 3% equity at the valuation of Rs. 23.33 crores.
Anupam’s revised offer: 20 lakhs for 0.29% equity at the valuation of Rs. 70 crores and 50 lakhs debt at 14% interest for 3 years.
Aman’s revised offer: 20 lakhs for 0.29% equity at the valuation of Rs. 70 crores and 50 lakhs debt at 14% interest for 3 years.
Aman and Anupam’s offer: 35 lakhs for 0.5% equity at the valuation of Rs. 70 crores and 35 lakhs debt at 14% interest for 3 years.
Founder’s Counteroffer
35 lakhs for 0.5% equity at the valuation of Rs. 70 crores and 35 lakhs debt at 14% interest for 3 years.
Final Deal
Aman and Anupam: 35 lakhs for 0.5% equity at the valuation of Rs. 70 crores and 35 lakhs debt at 14% interest for 3 years.