
Sharks Invested
Product Details
Entrepreneur Background
Nikita Sharma, founder of BeUnic, comes from dermatology background combined with beauty industry experience. Her insight: Indian women want cosmetics that celebrate individuality and skin tones. BeUnic was created as inclusive beauty brand with extensive shade range for Indian skin types.
The Product / Service
BeUnic manufactures cosmetics including foundations, lipsticks, and eyeshadows with extensive shade ranges (40+ shades) designed for Indian skin tones. All products are dermatologically tested, paraben-free, and cruelty-free. Positioning: inclusive beauty celebrating Indian beauty diversity.
The Ask
Amount: Rs 80 lakhs | Equity: 8% | Valuation: Rs 10 crore
Pitch Presentation
Nikita presented inclusive cosmetics opportunity: most brands offer limited shades. BeUnic offers 40+ shades celebrating Indian skin diversity. Metrics: 100,000+ customers, Rs 2.5 crore annual revenue, 55% repeat purchase, 4.8/5 rating.
Sharks' Reactions & Criticism
Vineeta Singh immediately connected with inclusive beauty mission. She appreciated dermatological backing and shade range. Anupam was interested in beauty category. Namita questioned pricing power.
Negotiation & Offers
Vineeta offered Rs 80 lakhs for 12% equity. Nikita countered Rs 80 lakhs for 8%. Vineeta accepted 8%, valuing inclusive positioning. Deal included distribution partnerships.
Final Verdict
Deal Secured: YES | Investment: Rs 80 lakhs | Equity: 8% | Shark: Vineeta Singh
