The second season of Shark Tank India featured Manetain Business with the catchphrase Curly Wavy Natural in its last episode, know about the founder of Manetain
The businessman claimed that due to his hair, he has been called Noodles, Witch, and Broom in jest.
The first hair product specifically made for curly hair people in India is called Manetain Hair Condition. It aids in detangling, strengthening, and moisturising curly hair. It was created by Yuba and Hinshra, two women with curly hair who struggled to keep their curls in place.
Manetain curly hair products on Shark Tank India, episode, founder, valuation, deal, shampoo, price, net worth 2023
Founder Of Manetain
| Manetain Shark Tank India Episode Number | Shark Tank India Season 2, Week 5 Episode 25 |
| Manetain Shark Tank India Episode Air Date | 3 February 2023 |
| Manetain Founder Name | Yuba Khan Agha and Hinshra Habib |
| Manetain Ask In Shark Tank India | 75 Lakh For 2.5% Equity |
| Manetain Deal In Shark Tank India | 75 Lakh For 10% Equity |
| Manetain Company Valuation | ₹10 crore |
| Manetain Investor Name | Aman Gupta |
| Manetain Official Website | Manatein Website |
Yuba Khan Agha and Hinshra Habib are the founders of the company Manetain.
Hinshara Habib attended Christ University in Bangalore and received a B.Com. with Honors after being born in Kerala. She then worked as an assistant for one year at the big four consultant organisation. The PVC pipe, fittings, and hoses company is run by Hinshara’s family as well. The Hycount group of industries, the name of her family’s highly successful company, is well known in the marketplace.
Yuba, a 37-year-old dentist from Mumbai who opened her own practice in 2008, gave birth to three children. She spent years destroying her hair with heat styling and straightening, but in 2017 she discovered the Curly Girl Method and fell in love all over again with her curly hair, urging others to embrace their natural locks as well.
The two co-founders of Manetain first connected in a WhatsApp group for people with curly hair, Yuba Khan Aga and Hinshara Habeeb. Despite being auditors and dentists, respectively, the two people realised they experienced a similar issue and collaborated to develop a solution, which led to the creation of Manetain.
Concerning Manetain Tractor
A beauty, cosmetics, and personal care company called Manetain is dedicated to giving each of its consumers a tailored experience. Yuba Khan Aga and Hinshara Habeeb, who first connected in a WhatsApp group for people with curly hair, created the business.
Manetain is a company committed to providing the best hair care services and products to its clients. The company keeps growing and expanding with the help of its Womenpreneur Curl Community while providing clients with a distinctive and exclusive hair selection.
Products Available With The Manetain Business
- Manetain Hair Care
- Manetain Bonnets
- Manetain Scrunchies & Headbands
- Manetain Pillowcases & Robes
- Manetain Heat Caps
- Manetain Pineapple Caps & Turbans
- Manetain Combos
- Manetain Accessories
The Business Statistics Of The Manetain Business
- Four years after its founding, Manetain Brand now has a community of ten members.
- Launched goods with heat caps made of silk and satin in 2018.
- Co-wash with conditioner was the first product in the company’s inaugural line of hair care products, which it unveiled in 2021.
- The market for products for curly hair is between 200 and 300 crores.
- They made 12 lakhs in sales last month, and 1 crore in sales in FY 21–22.
- The sharks were surprised by the high price of one item he described on stage, which was priced at Rs 1250. When there is a unique category, according to Shark Vinita, people consider retaining the price up to Rs 500 or Rs 600 since they do not comprehend the worth.
- If we look at the distribution of the value of sales of ₹ 10 lakh-
COGS – ₹3 Lakh
Courier – 70 thousand
Razorpay and Shopify – ₹40k
Agencies – ₹1.6 Lakh
Salaries – ₹40 thousand (Including Owners and 2 Team Members)
Marketing – ₹3.9 lakh
- Manetain Sales Split
Own website -60%
Marketplace – 30%
Offline Retail – 10%
Shark Aman’s Offer
₹75 Lakh for 10% equity, Valuation – ₹7.5 Crore with the condition that he will hire the Chief Marketing Officer (CMO)
Business Pitcher’s Counter Offer
₹75 lahks for 7.5% equity, valuation – ₹10 crore
Shark does not accept their counter, and tells that this is a very good deal and the CMO will also have to consider equity. The business pitcher finalized the deal on Shark Aman’s offer of ₹75 lakh for 10% equity.
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