Image Credits: Shark Tank India
Last updated on 04 March 2023. Find everything about Singh Styled Turban and Beard Setter’s pitch on Shark Tank India, its founders, and the latest updates about the company!
Singh Styled on Shark Tank India
Are you a Sikh? Then style yourself with Singh Styled for the best look possible.
Here are the key details about their pitch on Shark Tank:
| Name | Singh Styled |
| Founder | Charanjeev Singh |
| Episode | Season 2 Episode 45 |
| Ask | ₹50 Lakhs for 5% Equity |
| Deal | ₹50 Lakhs for 10% Equity |
| Sharks | Peyush Bansal |
| Status | In-business |
Singh Styled is a men’s grooming company made for Sikhs, by Sikhs. A turban & a beard are crowns and pride of them, but they are not easy to take care of. That’s why they make pure cotton turbans, beard oil & setters, especially for that purpose.
One of their best selling product is Titanium Beard Setter which is listed on Amazon (*Affiliate Link):
Or buy it by clicking here: https://amzn.to/3LdTq7x
*Affiliate Link means that we get a certain percentage from the sale when you purchase through our link.
The entrepreneur was looking for ₹50 lakhs in exchange for 5% stakes.
The grooming lineup definitely has potential but as Namita said, the market is already cluttered with so many men’s beard setters, that it is very difficult to get a significant customer base.
But the pitcher has created something different that will let the beard breathe. It is also safer with no gums and alcohol.
They also offer turbans, but no shark was interested in that side of business because that item is already very commoditized. Even Anupam shared a story of how his father exited from the same.
The sales for FY 2021-22 were ₹33 lakhs with nominal profits. Everything was just good and that’s where Peyush suggested they need to build an amazing team. That is where Singh Styled was lacking. He was ready to help and become a part of it.
Watch a small promo of the pitch here:
Peyush Bansal invested ₹50 lakhs in Singh Styled for 10% equity on Shark Tank India. However, he also got an option to get another 15% shares on the same valuation later.
About The Founder
Charanjeev Singh is the Founder and CEO of Singh Styled. The brand is under NWD Lifestyle Pvt Ltd, registered in Mumbai, Maharashtra.
Charanjeev graduated from the University of Mumbai. He had 15 years of experience in digital retail. Then, he did his startup with Sportizen before switching to Singh Styled. He wants to preserve the Sikh identity by providing specialized products to maintain it.
He came on the show with Singh Styled’s Head of Operations, Ashwath Poojari, who studied engineering at NMAM Institute of Technology.
After Shark Tank Updates
The founder was happy with the deal he got on the tank.
Singh Styled also ships to 133 countries around the world and by 2025, they want to become the number 1 brand in this category.
By the way, other businesses featured in this episode were NutriCook Kitchen Utensils and Subhag.
Before saying goodbye, we have the official company pitch here: “Singh Styled is a turban and beard brand that focuses on the styling and grooming needs of today’s Sikh gentlemen. We began a mission and lead the initiative of grooming and styling through innovative products and services, enabling Sikh gentlemen to customize their wardrobes around their personal style.”
Takeaways
So now you know about Singh Styled’s pitch on the show and whether they took the deal or not.
I am Ranish Chauhan a.k.a. Fulmino Fan, and I am also a fan of Shark Tank India.