What is Conscious Chemist?
Conscious Chemist is a science-backed innovative beauty brand. This brand formulates different solutions for different skin problems like acne, aging, scars, stretch marks, keratosis pilaris, hyperpigmentation, etc.
Conscious Chemist makes effective beginner-friendly products. Currently, Conscious Chemist has 29 unique SKUs. They take a lot of time and research before launching a new product.
Who is the Founder of Conscious Chemist?
Prakher manages D2C, marketplaces & marketing. Robin manages products and investor relationships.
Robin owns 51%, Prakher owns 17% & investors have 32% equity in the company.
Conscious Chemist Before Shark Tank India?
Conscious Chemist has served more than 3 Lakh consumers in India.
How much money did they ask for on the pitch?
They came to Shark Tank India seeking ₹60 Lakhs for 2% equity in the company. Which gives the company a valuation of ₹30 Crores.
How much money did they raise for Conscious Chemist?
They raised ₹3 Crores in the 1st round at ₹9 Crores pre-money valuation. Later they raised ₹76 Lakhs on convertible note.
How to get Conscious Chemist products?
You can get Conscious Chemist products on their brand website. They are also available in different marketplaces.
What are the Annual Sales of Conscious Chemist?
|2022 – 2023
|2023 – 2024
|₹9 Crores Projected
Which shark gave Conscious Chemist an offer?
Namita Thapar was out. She didn’t like the strategy the founders shared. She thought they were trying too many things at the same time. That’s why she didn’t give any offer.
Vineeta Singh was out. She liked the products. But she didn’t like the distribution strategy. She advised them to take advantage of different marketplaces and quick commerce websites.
Amit Jain was out.
Aman Gupta was out. He advised them to focus more on sales.
Anupam Mittal was out.
What deal did Conscious Chemist get in Shark Tank India?
Unfortunately, Conscious Chemist didn’t get any deal in Shark Tank India.
|Robin Gupta & Prakher Mathur
|₹60 Lakhs for 2%
|Company Net Worth
What is the net worth of Conscious Chemist?
Currently, the net worth of Conscious Chemist is ₹30 Crores according to the founders.
Is Conscious Chemist still in Business?
Yes, Conscious Chemist is still in the scientific beauty business.