COSiQ is a cosmetics brand that launched in March 2021 in New Delhi. The brand offers various products, including Gentle Exfoliating Peeling, Niacinamide Vitamin B3, Salicylic Acid BHA, SPF 15 Indoor Sunscreen Serum, and Vitamin C-23% Serum.
These products are formulated scientifically, without harmful chemicals, and are created through a thorough analysis of the human body.
COSiQ has shown great potential for future success, achieving significant growth within just 10 months of its inception.
The brand utilizes effective clinical technologies to cleanse the skin and enhance appearance, focusing on clean ingredients, functional actives, minimalist formulations, and delivering real, visible results. Additionally, its scientific treatments have been approved by dermatologists.
| Company Name | COSiQ Cosmetic |
| Founder | Vidhu Jain & Kanika Vats |
| Business | Intelligent Skincare |
| Asked For | ₹50 Lakhs for 7.5% Equity |
| Final Deal | ₹50 Lakhs for 25% |
| Shark | Anupam Mittal & Vineeta Singh |
| Episode (Shark Tank India) | S1 E4 |
| Business Status | In Business |
| Company Valuation | ₹2 Crores *estimated |
| Website | mycosiq.com |
Who is the founder of CosIQ?
The founders of COSiQ are Vidhu Jain and Kanika Vats, who launched this revolutionary startup together. Vidhu Jain holds a Bachelor of Arts degree from Punjab Technical University and started this venture after gaining seven years of part-time work experience.
Kanika Vats completed her schooling at Rukmini Devi Public School and earned a degree in Advertising and Sales Promotion from Delhi University.
She has served as the team manager at Money Saving Champions Ltd., worked as the Operations Manager at Keyoscks Company, and was the Head of Operations for one year at RI Ayurveda Research Labs.
How Much Deal Did CosIQ Get in Shark Tank?
The founders of CosIQ presented their business effectively on Shark Tank India, garnering significant interest from the sharks. Vineeta Singh, who operates the cosmetic brand Sugar, and Anupam Mittal, the founder of Shaadi.com, expressed enthusiasm for the brand. Additionally, Kanika Talwar and her husband have played a crucial role in the startup’s impressive growth.
According to a report, the market value of skincare products was $129.76 billion in 2020, with projections for growth to $191.09 billion by 2025. During their pitch on Shark Tank India, Kanika Talwar and her husband sought ₹50 lakhs for 7.5% equity in their company.
Sharks Ashneer Grover, Vineeta Singh, and Anupam Mittal showed interest and made competitive counteroffers.
CosIQ is currently experiencing rapid growth, and with the investment secured from the sharks, its expansion is expected to accelerate significantly.
