Winston India is a personal care product brand. This brand designs different types of personal care appliances products for female. All the products of this brand are sustainable and provide a salon experience at home.
This company works on different types of personal care electronic products, which are good for health along with providing solution as a product.
This company was started in October 2021 by Himanshu Adlakha and Nikita Adlakha from Faridabad, Haryana. Both of them started this personal care product company to provide a salon experience at home.
The co-founder of this personal care electronic product company appeared in Shark Tank India Season 2 Episode 5 for funding and demanded ₹1 crore for 4% equity at ₹25 Crores Valuation from the shark. This company has achieved a high valuation in such a short span of time.
What Is Winston India?
Winston India is a personal care electronic brand that makes different tools for women, which gives salon results at home. This brand has invented different electronic products for hair, face, feet etc.
They have made many products which include Eyebrow Trimmer, LED Mask, Facial Cleanser, Blackhead Remover and many more. The company’s claim is that all their products come with sustainable and warranty.
All the products of this company are imported from China and only the brand name is added to it. This product is available on various India e-commerce platforms which include Amazon, Nykaa, Tata Cliq, Recode and more. The cost of these products is in the range of ₹2,000 to ₹5,000.
|Company Name||Winston Electronics Pvt Ltd|
|Founder||Himanshu Adlakha and Nikita Adlakha|
|Business||Personal care electronic product|
|Asked For||₹1 Crores for 4% equity|
|Final Deal||₹1 Crore for 10% equity|
|Shark||Anupam Mittal and Vineeta Singh|
|Episode (Shark Tank India)||S2 E5|
|Air Date||Jan 6, 2023|
|Business Status||In Business|
|Headquarters||Faridabad, Haryana, India|
|Lifetime Worth (Sales)||₹2.7 Crores *estimated|
|Go To Amazon||Buy Now|
Another Shark Tank Pitch
Who Is The Founder Of Winston?
Himanshu Adlakha and Nikita Adlakha are the co-founders of Winston Electronic Company. Both of them started this company in 2021.
Himanshu is the co-founder of this company and also the owner of Global Electronics Distribution of Faridabad. He started his business journey after completing his engineering degree from Lingayas University, Faridabad.
How Was The Shark Tank India Pitch Of Winston?
Himanshu and Nikita both entered Shark Tank India wearing a led light facemask and pitched to the shark. After telling about the business to the shark, asked them 1 crores for 4% equity.
They make products from 2 vendors in China. The annual sale of this company in 2021 was ₹1.2 crores and in 2022 till July the sale has become ₹1.5 crores and by the end of the year they are projecting to do ₹6 crores.
In 2023, their plan is to do ₹18 crores annual sales. In the month of August 2022, ₹46-₹47 lakh sales are estimated. July 2022 sales ₹42 lakhs.
Anupam Mittal and Vineeta Singh teamed up to offer ₹1 crore for 10% equity at ₹10 crore valuation. Right now they have one offer, except Anupam and Vineeta, all the sharks are out.
Finalize: Anupam Mittal and Vineeta Singh invested ₹1 Crores in “Winston” for 10% equity.
What Happened To Winston After Shark Tank India?
Winston Personal Care electronics brand gets funding in Shark Tank. Anupam Mittal and Vineeta Singh invested in this company at a valuation of 10 crores.
Thousands of visitors had visited the company’s website after this episode and some of them might have bought their products.
What Is the net worth of Winston?
The valuation of this company in Shark Tank India was below ₹25 crores but Winston got funding at ₹10 crores valuation. The CO-founder had projected that by the end of 2023, their sales would reach 18 crores. This funding was needed to spend in the market and inventory for the company’s growth.
Is Winston Still In Business?
This personal care electronic brand has been running since 2021. This brand imports the product from China at a low price and sells it in India by making it its own brand. There are many companies who have made brands by following this formula.
The valuation of this personal care company is crores in today’s time and slowly this brand is growing in India.
The headquarter of this brand is in Faridabad, Haryana, India and it employs 2 to 10 people.
Yes, Winston is still in business as of February 2023.
frequently asked questions
Who Founded Winston?
Winston was founded in 2021 by Himanshu Adlakha and Nikita Adlakha.
What is the valuation of Winston?
Winston’s valuation is ₹10 crores.