In this episode of Shark Tank India, let’s talk about the performance. Which shark deal can be canceled and which shark deals do both know in this article read full.
We want to tell you all the details of this company, how much is the value of the company.
Founders
Amit Hotchandani is the founder of the company. Amit has wanted to run a rice company for the last 15 years.
He came to know about the elements of perfume in Africa. Then Amit brought some perfume from Indonesia.
Since there was no such concept in India then, he adopted this idea and worked on it.
| Company Name | Va Perfumes |
| Founders | Amit Hotchandani |
| Ask | ₹ 1 Crore for 10% equity |
About Va Perfumes
When people return home after work, they experience the same regular smell in the house and finally, he got the solution to this.
A Good smell always makes a person happy. He has released a new product which is a night forecast.
There is a beautiful fragrance in the room. They have different varieties, such as romance, classic love, extreme fun, and others. Except for night, they also make devotional forearms.
Their products are sold in cosmetic stores, medical stores, and malls. The market size of aromatic sticks is more than 10000 million. The owner invested 65 to 75 blacks in business.
| Company Name | Va Perfumes |
| Industries | Perfume and cosmetics |
| Value of Company | ₹ 10 Crore* |
| Company Size | 1-5 employees |
Sales Revenue of Va Perfumes
| Total Sale | 70 lakhs |
| Monthly Sale | 10 laks |
| Gross Margin | 56% |
| Net Margin | 36% |
| devotional agarbatti | 40% |
| night agarbatti | 75%. 70% |
Va agarbatti and perfumes in Shark Tank India
The owners made an ask of 1 crore for 10% equity of the company at the valuation of 10 crores. There is no deal was finalized.
