Manicure
Artificial Nails
Season 3 Episode 27
| Brand | Polish Me Pretty |
| Company Name | Polish Me Pretty |
| Founders | Anoushka Rele |
| Original Ask | 25 lakhs for 25% equity at the valuation of Rs 1 crore |
| Deal | 25 lakhs for 25% equity at the valuation of Rs 1 crore |
About the Product
Polish Me Pretty’s Paparazzi Set of 20 Press on Nails: Featuring a square nail shape and long length, the Paparazzi Tips offer a chic twist on the classic French manicure, embellished with subtle rhinestones for an added touch of glamour. Each set comes complete with a miniature manicure kit, ensuring you can achieve a salon-quality finish from the comfort of your own space.
If you don’t see the perfect set available on the site, Polish Me Pretty offers the opportunity to create a custom press-on set. Simply fill out the form with your desired specifications, whether it’s to match your brand, for a special event, or just to express your unique style. For a flawless manicure in minutes, look no further than French Vanilla Press On Nails by Polish Me Pretty. These nails feature a classic French tip design and come in a long almond shape, providing a sleek and sophisticated look. The kit includes everything you need for easy application, including 24 fake nails, glue tabs, an alcohol wipe, a manicure stick, and a mini nail file. With an oval nail shape and short length, Red Bucks offers a bold red manicure in a convenient gel press-on set. Each package includes a compact manicure kit, allowing you to pamper yourself and achieve a salon-quality finish wherever you are.
Founders & their story
- Anoushka Rele
Polish Me Pretty offers a diverse range of over 200 customizable nail color options. Each nail color is meticulously crafted and polished by hand, ensuring high quality and uniqueness. Notably, these nail colors are reusable up to 5 times, enhancing their value and sustainability. The product is available for purchase through various channels, including the brand’s own website, as well as popular online platforms such as Amazon, Blinkit, and Flipkart.
On the brand’s website, each nail color is priced at Rs 1300, reflecting its premium quality and craftsmanship. However, for quick commerce platforms, such as Blinkit and Zepto, the selling prices are adjusted to cater to the market dynamics, with Blinkit selling at Rs 660 and Zepto at Rs 770. To apply the artificial nails, customers need to follow a simple process involving nail dehydration, application of glue tabs, and sticking the artificial nails, ensuring a hassle-free experience and long-lasting results. The Indian nails market size is estimated to be worth 9000 crores, indicating a significant opportunity for Polish Me Pretty to capture a portion of this lucrative market with its unique and high-quality offerings.
About the company
Polish Me Pretty is your haven for the most adorable, budget-friendly, handcrafted gel press-on nails available. Whether you’re short on time or funds for the salon, prefer weekend nail flair, or love switching up your manicure to complement your outfits, press-on nails are your ultimate solution. Effortlessly apply them at home in seconds! They offer the sweetest designs at unbeatable prices. Say goodbye to salon visits as these nails are easy to use and last up to two weeks. Embrace the glamour that fuels your life. It’s the spark that ignites each morning and ensures you always exude fabulousness. These press-on nails add just the right amount of allure, effortlessly reflecting your unique style. Elevate your look, feel fantastic, and reign as the true glamour queen you are with PressOn Nails! Be prepared for any adventure that comes your way because these nails are incredibly durable and chip resistant. Whether you’re rummaging through your kitchen drawer or cracking open a cold drink, these press-on nails are ready for every challenge.
Revenue
In October 2023, sales through the Blinkit platform reached a total of 160 boxes. This figure represents the quantity of products sold within that specific month via the online platform. As of October 2023, the cumulative lifetime sales of the product amounted to 15.5 lakhs. This total reflects the entirety of sales since the inception of the product until October 2023.
Looking forward, the projected sales for December 2023 are estimated to be Rs 654,593. This projection indicates the anticipated revenue from sales during the month of December 2023. For the fiscal year 2023-2024, the projected sales stand at 20 lakhs. This projection forecasts the total revenue expected to be generated throughout the entirety of the fiscal year spanning from 2023 to 2024.
Furthermore, the projected sales for the subsequent fiscal year, 2024-2025, are anticipated to reach 50 lakhs. This projection represents a significant increase compared to the previous fiscal year, indicating potential growth and expansion in sales volume. The manufacturing cost per box is calculated to be Rs 400. This cost encompasses the expenses incurred in producing each unit of the product, which is essential for determining profitability and financial performance.
Founders’ Ask
25 lakhs for 25% equity at the valuation of Rs 1 crore.
Offers
Peyush’s Offer: 25 lakhs for 25% equity at the valuation of Rs 1 crore.
Vineeta’s offer: 51 lakhs for 51% equity at the valuation of Rs 1 crore.
Final Deal
Peyush: 25 lakhs for 25% equity at the valuation of Rs 1 crore.
