India Reporter Live

Meet the lady who used barely Rs 2000 to launch a Rs 10 crore business at the age of 20, went to Shark Tank for finance, and then

<p>Sharks showed interest in The Shell Hair during the third season of Shark Tank India. The Ajmer resident Shelly Bulchandani founded The Shell Hair in 2020. The company specializes in hair extensions, wigs, Toppers, Bangs, and Colorful Streaks and flawlessly meets the demands of today’s sophisticated clientele, who value style and uniqueness above all else.</p>
<p><img decoding=”async” class=”alignnone wp-image-520226″ src=”–738×750.jpeg” alt=” meet the lady who used barely rs 2000 to launch a rs 10 crore business at the age” width=”994″ height=”1010″ title=”Meet the lady who used barely Rs 2000 to launch a Rs 10 crore business at the age of 20, went to Shark Tank for finance, and then 15″ srcset=”–738×750.jpeg 738w, 756w” sizes=”(max-width: 994px) 100vw, 994px” /></p>
<p>At now, Shelly is in her second year of an MSc in IT. She attributes her success in striking a healthy balance between her company and academics to her college’s entrepreneurship program.</p>
<p>Her goods, which are made from real Indian Remy hair from lone donors, have made a name for themselves in both offline and online marketplaces throughout the country. Product experts like Namita Thapar have praised Shelly’s line of better quality items, which are priced 30–40% less than those of their rivals.</p>
<p>Shelly looked for hair when she first chose to start a company at the age of twenty. She paid 2000 rupees to a Jaipur street trader for hair. She was yelling with delight that the hair had arrived as she paraded around the house with those strands. Shelly used the hairs to make some machine-made extensions that she sold to family members. She made a website after getting a lot of favorable comments from others, which led to a lot of orders. Currently, this firm brings in around 1.2 crore rupees a year. Their sales during the previous year, 2021–2022, were around Rs 36 lakh.</p>
<p>For her firm, Shelly had given 30 lakh rupees in return for 3 percent ownership and requested a value of 10 crore rupees. Namita and Amit Jain withdrew since they didn’t think the quality was up to par. Anupam Mittal, on the other hand, lowered his original offer of 30 lakh rupees for 10% to 3 lakh rupees for 3%. In exchange for 6% stake, Ritesh Agrawal gave 60 lakh rupees. At first, Aman Gupta offered 30 lakh rupees in exchange for 5% stake. Subsequently, he said that he wanted this firm even though he let go of two hair companies in the past two seasons. In addition, he made an offer of 30 lakh rupees for 3 percent, which Shelly accepted.</p>

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