Karibo Shark Tank India Season 3: Cosmetics products are so personal for women as they enhance their confidence and add extra glamour to their personality. This glamour increases when personalized lipstick is added to your makeup box. There is one brand that can do it for you which has also appeared in Shark Tank S3. To learn more about Karibo Shark Tank India Season 3, stay tuned with us till the end.
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Karibo Shark Tank India Season 3
Karibo is a customized lipstick brand that not only provides you with the lipstick of your choice but also gives you a live experience of lipstick making. The founders of Karibo presented their business model, products, and vision to the Sharks and they were all very fascinated by the business model and live experience of lipstick making.
Karibo Cosmetics was founded in 2020 with the aim to fulfill the needs of each customer but customizing lipstick for them. They are on a mission to blend cosmetics with skincare. Each of their product is blended with the goodness of natural and organic food-based ingredients.
Founders Of Karibo
Bhakti Bhanushali and Jasmin Shah are the founders of Karibo, a customized lipstick brand founded in July 2020. The founders of Karibo also appeared on Shark Tank India Season 3 to promote their product and raise some funds to grow their business.
Bhakti Bhanushali completed her Bachelor’s Degree in Mass Communication from Mumbai University in 2019. During her education, she did an internship at Hustle Media House as a Marketing Executive intern for 3 months. In January 2020, she joined Evoguemedia as a Social Media Manager and left the company in August 2020.
Jasmin Shah completed her Bachelor of Corporate Communication in Business Development in 2019 from the Florida International University. Before starting her professional career journey she did internships at different companies including Tata Projects, Shorelight Education, and Glovo. In June 2019, she joined Evoguemedia as a Client Relations Manager and left the company in May 2020.
Bhakti Bhanushali and Jasmin Shah, both left Evoguemedia to start Karibo in July 2020 and both working together to build their business.
Meet: All the 12 Shark Tank India Season 3 Judges.
Karibo Shark Tank Business Deal
Karibo on Shark Tank India Season 3 episode aired on 11 March 2024. The founders of Karibo presented their business model, products, and vision to the Sharks and asked for Rs 80 lakhs for 5% equity. All the Sharks were too impressed with the idea and got fascinated when they experienced lipstick-making live. Unfortunately, Karibo could not seal the deal on Shark Tank India Season 3 as the Sharks did not find this business scalable at this point and secondly, the company is in the process of registration.
Get Here: Every update about Shark Tank India Season 3 immediately.
Final Words
In this write-up, I have shared all the crucial details about Karibo Tank India Season 3 including the pitch, business, products, and founders. The founders of Karibo understood the importance of a lipstick shade that actually reflects a woman’s mood and her inner expressions and that is why decided to start a brand that can customize lipstick for you while staying completely organic and natural. They have inspired a lot of women with their confidence and entrepreneurial zeal.
Hope this Karibo Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
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FAQs
Who is the founder of Karibo Cosmetics?
Bhakti Bhanushali and Jasmin Shah are the founders of Karibo, a customized lipstick brand founded in July 2020.
Which is the first makeup company in India?
Lakmé was the first makeup company or cosmetics brand in India founded in 1952 as a subsidiary company of Tata Oil Mills by TRD Tata.
Who is the founder of Sugar Cosmetics?
Vineeta Singh and Kaushik Mukherjee are the founders of Sugar Cosmetics started in 2012. Vineeta Singh is one of the 12 investors in a popular Indian business reality show Shart Tank India. She is constant in all the 3 seasons of the show.
