Let’s dive into the captivating Company Profile of Conscious Chemist in our latest blog post. Uncover insights on company valuation, net worth, revenue, turnover, and their innovative products.
Follow their compelling journey through Shark Tank funding, from pre-show anticipation to post-deal success.
Introduction about the company
Table of Contents
- 1 Introduction about the company
- 2 Company profile of Conscious Chemist focussing on (business model and sector)
- 3 Overview of Conscious Chemist legal entities association:
- 4 conscious chemist net worth:
- 5 Conscious chemist funding:
- 6 conscious chemist investors:
- 7 Conscious Chemist competitors and alternatives:
- 8 Founder Net worth with there latest share holding Net Worth:
- 9 conscious chemist revenue in india & in world:
- 10 conscious chemist valuation:
- 11 conscious chemist turnover:
- 12 FAQ Question related to Company profile of Conscious Chemist:
Conscious Chemist is a new startup started in year 2019 who has first made it’s presence known to everyone on it’s first appearance on shark tank season 3 which was held in January,2024.
The company is known for selling skin-care products.It is the science based skincare brand which has it’s presence not only in health care but also in retail stores.
Now, let’s dive deeper into the blog and talk about overview of Conscious Chemist business model and the sector they operate in.
Company profile of Conscious Chemist focussing on (business model and sector)
In this section, we’ll provide an overview of Conscious Chemist business model and the sector it operates in. We’ll answer key questions to shed light on their approach and industry presence.
The Conscious Chemist primarily operates within both B2B and B2C models, wherein the company directly sells its products to customers using a Business-to-Customer (B2C) model through their website and stores.
It also utilizes marketplaces such as Amazon, Flipkart, and Meesho to indirectly sell its products through a Business-to-Business (B2B) channel.
What sectors and market segments does Conscious Chemist operate in?
Conscious Chemist serves in B2C (Business to Customer)sector which means that they sell product directly to there customer.
And they basically operates in 3 segment that is:
- Retail
- Health Tech
- Consumer Goods
Business model of Conscious Chemist:
Currently, Conscious Chemist operates in a B2C (Business to Customer) model for offline sales. This means they sell their products directly to customers through retail stores. Additionally, they utilize a B2B (Business to Business) model to generate online sales through platforms like Amazon, FlipKart, and Meesho.
Overview of Conscious Chemist legal entities association:
For now conscious chemist is associated with two legal entities one is Era Botanics Private Limited and second is Era Botanics LLP the detail is provided in table below:
Here’s the revised table without the “Employee Count” column:
| Legal Entity Name | Date of Incorporation | Revenue | Net Profit |
|---|---|---|---|
| ERA BOTANICS PRIVATE LIMITED | Sep 22, 2021 | $91.1K (as on Mar 31, 2022) | -$34.6K (as on Mar 31, 2022) |
| ERA BOTANICS LLP | Sep 11, 2018 | $12.6K (as on Mar 31, 2020) | -$5.96K (as on Mar 31, 2020) |
Now moving to one of the important part of discussion on Company profile of Conscious Chemist Net Worth that play’s a vital role in determining the status and growth of company.
conscious chemist net worth:
As of Jan 23, 2024’s latest post-round ownership report published by Economics Times, Founders is currently holding 65.63% of the company which sum’s up to a net worth of INR 17.3Cr.
And it is definitely going to increase by the end of financial year 2024 to 2025 by 5 times the current net worth that is Rs 17.3 Cr
It is definitely going to grow at a low pace as because the skin care industry is highly competitive but to accurately determine the net worth of company we have to focus on three key deciding factors which deciding the net worth of any company that is
- Funding Received
- Investors who has invested there money
- Competitors
- Founder Net worth with there latest share holding Net Worth
- Revenue
Not let’s dig deep into the Company profile of Conscious Chemist and focus on the factor’s that effect’s the net worth of Conscious chemist.
Conscious chemist funding:
Conscious Chemist has raised a total funding of Rs 5.92 Cr ($ 710 K) in 3 rounds .The first funding round was conducted on Dec 07,2021.
It’s last funding round was a convectional Debt round on Feb 14,2024 for 1.0 Cr roughly $120K by Recur.
And it is consider the major key factor in determining the net worth and turn over of a company.
Conscious Chemist Funding table:
| Date of Funding | Funding Amount | Round Name |
|---|---|---|
| Feb 14, 2024 | $120K | Conventional Debt |
| Sep 06, 2023 | $193K | Seed |
| Dec 07, 2021 | $397K | Seed |
Conscious chemist shark tank funding:
Conscious chemist has not received funding on shark tank season 3 which was held on Jan 2024.
It was disappointing because although the shark liked their product, they backed out due to concerns about the vision and strategy the founder has for the company’s growth, especially considering the low sales.
Conscious chemist funding before and after shark tank season:
Conscious Chemist has participated in 2 founding founds before appearing in shark tank season 3,raising a total amount of $590 K which is equal to Rs 4.92 Cr.
After Shark Tank Season 3 on advice of Shark they have again raised the funding of $120k which is equal to Rs 1 Crore.
conscious chemist investors:
Moving on to the next part of the blog, where we will delve into the Company profile of Conscious Chemist, focusing specifically on the investors who have contributed to its growth. To date, three investors have invested their capital in the company.
- Recur invested in the company in Feb 14, 2024.
- IPV, Lotus Herbals invested in Conscious Chemist in Sep 06, 2023.
- Lotus Herbals invested in company in Dec 07, 2021.
| Investor’s in Conscious Chemist |
| 1. Recur |
| 2. IPV, Lotus Herbals |
| 3. Lotus Herbals |
Indeed, the investment from these stakeholders is considered a major key factor in determining the net worth and turnover of a company.
Conscious Chemist competitors and alternatives:
It’s true that competition plays a significant role in determining the valuation, net worth, and revenue of a company. Higher competition can often lead to lower revenue and valuation, especially for newer companies entering the market.
In this segment, we’ll delve into the Company profile of Conscious Chemist, analyzing its top 10 competitors and alternative.
Top 10 competitors and alternative of Conscious Chemist list:
Great, here’s the list of the top 10 competitors of Conscious Chemist:
- Minimalist
- Quench Botanics
- Dot & Key
- Deconstruct
- Dr. Sheth’s
- KIMIRICA
- Nutriglow Cosmetics
- Pahadi Local
- Dr. Wu Skincare
- Cosmetofood
It is considered one of the most important factors for determining the net worth and valuation, as well as other financial aspects, of a company.
This is because the higher the holding in the company, the higher the net worth of a person will be, indicating a greater stake in the company’s success.
Let’s dig deep in company profile of Conscious Chemist to know more about the founder and it’s net worth.
Conscious Chemist founder net worth:
Robin Gupta along with Prakher Mathur is Conscious Chemist founder and both of them hold a big chunk of conscious Chemist.
Currently the founder of Conscious Chemist holds 65.63% of his own company so the estimated net worth of the founder is assumed to be INR 17.3 Crore as of Jan 23, 2024’s latest post-round ownership report.
Now let’s dive down more into Company profile of Conscious Chemist and have a detail discussion on the latest share holding and Net worth of Conscious Chemist.
| Shareholders Name | Post Round Holding % | Net Worth |
|---|---|---|
| Founder(Robin Gupta & Prakher Mathur) | 65.63% | 17.3Cr |
| Fund | 3.36% | 88.3L |
| Enterprise | 25.33% | 6.67Cr |
| Other Investors | 1.01% | 26.6L |
| ESOP Pool | 4.69% | 1.23Cr |
| Total | 100% | 26.3Cr |
Currently the founder’s (Robin Gupta & Prakher Mathur) holds major part of the company which is equal to 65.63% while the rest of the company is with other Investor among which Enterprise hold’s the second major part of the company.
conscious chemist revenue in india & in world:
The majority of Conscious’ customers reside in India, contributing to an overall revenue of $91.1K in 2022. However, there was a significant shift in 2022-2023, as they experienced a remarkable increase in revenue, reaching 4.5 Cr within just one year.
The data is derived from the average sales of 2023, where Conscious successfully sold 25,000 units. Taking into account an average order value of Rs 2000, this translated to an impressive overall revenue of 4.5 Cr for the year.
Certainly, the forecast for the financial year 2024-2025 anticipates an increase in revenue for Conscious Chemist. However, this growth trajectory is expected to be gradual due to the heightened competition within the skincare industry.
Indeed, revenue is a crucial factor in determining the net worth of a company, alongside turnover and valuation. A higher revenue typically correlates with a higher net worth, as it reflects the company’s ability to generate income and sustain growth.
Therefore, while assessing the overall value of Conscious, revenue, turnover, and valuation are key parameters to consider.
conscious chemist valuation:
In shark tank season 3 they came for the ask of 30 Cr valuation for the company but for the year 2024 the company valuation is some where around 40-50 Cr the exact number is not disclosed after receiving funding from Recur in Feb,2024 and it is definitely going to increase in 2025.
conscious chemist turnover:
Moving more further into the company profile of Conscious Chemist let’ have a look over the turnover of the company as of Jan,2024 company has reported the turn over of 5-7 Crore and it is expected to increase by the end of 2024.
Conscious Chemist is yet not listed in share market but it is expected to be listed in share market its ability to withstand competition in the skincare sector for 10 years.
Is Conscious Chemist a good brand?
Conscious Chemist is definitely a good brand though they do not received funding from the shark but shark liked the product and they consist unique skincare product suitable for India customer.
Who are the investors in conscious chemist?
Till now Recur, IPV and Lotus Herbals has invested in conscious chemist the detail about the investor is listed in the blog.
What is the net worth of conscious chemist?
As of Jan 23, 2024’s latest post-round ownership report published by Economics Times, Founders is currently holding 65.63% of the company which sum’s up to a net worth of INR 17.3Cr.
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