Karibo Cosmetics appeared in Shark Tank India Season-3. Mumbai-based Karibo Cosmetics is a lipstick brand that makes your choice of lipstick from scratch. From this product, customers can customize the shade, texture and essence of lipstick. This is Vegan, Cruelty free, Child friendly, Approved from Dermatologist and with refillable packaging. Bhakti Bhanushali & Jasmine Shah are Co- founders of Karibo Cosmetics. They were seeking an offer of ₹ 80 lakhs for 5% equity at the valuation of ₹ 16 Cr.
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Karibo Cosmetics valuation, funding and Company Profile-
Company |
Karibo Cosmetics |
Valuation |
INR 16 Cr. |
Founder |
Bhakti Bhanushali & Jasmine Shah |
Headquarter |
Mumbai, Maharashtra |
Founding Year |
2020 |
Business |
Personal Care Product Manufacturing |
Profitability |
Yes |
Got Investment |
No |
Conclusion - Karibo Cosmetics in Shark tank india Season-3
It was an engaging episode at Shark Tank India-Season 3 with all sharks: Vineeta Singh, Ritesh Agarwal, Radhika Gupta, Aman Gupta & Peyush Bansal where participants unfortunately did not secure deals with sharks but received valuable mentorship to help grow their businesses. Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges.
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