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Karibo Cosmetics On Shark Tank India: A Lipstick Brand

Karibo Cosmetics founders Bhakti Bhanushali & Jasmine Shah appeared on Shark Tank India for seeking an offer of ₹ 80 lakhs for 5% equity at the valuation of ₹ 16 Cr. Does this deal close here?

By Saroj Kumawat
New Update
 Karibo Cosmetics

Karibo Cosmetics Photograph: ( Karibo Cosmetics)

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. 

Also read- Futr Studios On Shark Tank India: India’s first virtual human company

FAQ

Who are the founders of Karibo Cosmetics?
Bhakti Bhanushali & Jasmine Shah are Co- founders of Karibo Cosmetics.
What is the founding year of Karibo Cosmetics ?
2020 is the founding year of Karibo Cosmetics
Did Karibo Cosmetics get investment?
No, Karibo Cosmetics did not get investment.
Where is the headquarters of Karibo Cosmetics?
The headquarters of Karibo Cosmetics in Mumbai, Maharashtra.

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