From Rs 2,000 to Rs 10 Crores: The Remarkable Journey of a Business Started at the Age of 20

From Rs 2,000 to Rs 10 Crores: The Remarkable Journey of a Business Started at the Age of 20

From Rs 2,000 to Rs 10 Crores: The Remarkable Journey of a Business Started at the Age of 20

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Humble Beginnings: The Success Story of ‘The Shell Hair’, 20 year old Owner Shelly Bulchandani

Shelly Bulchandani’s journey from a modest investment of ₹2,000 to building a thriving business worth ₹10 crores is nothing short of remarkable. 

At just 20 years old, Shelly embarked on a mission to revolutionize the hair industry with her innovative idea related to hair extensions, which eventually caught the attention of all the sharks on Shark Tank India Season 3.

Hailing from Rajasthan, Shelly’s entrepreneurial spirit led her to establish ‘The Shell Hair’ in 2020, laying the foundation for what would become a successful brand in the hair industry. Her first challenge was to source quality hair, which she found through a seller in Jaipur, kickstarting her entrepreneurial journey with a minimal investment.

Since its inception, ‘The Shell Hair’ has experienced exponential growth, registering sales of approximately ₹36 lakh in the financial year 2021-22. With an impressive annual revenue of around ₹1.2 crore, the brand has quickly gained traction and is steadily expanding its customer base, earning a reputation as a trusted name in the hair industry.

The turning point in ‘The Shell Hair’s’ journey came when Shaili appeared on Shark Tank India, seeking a valuation of ₹10 crores for her startup and offering 3% equity in exchange for ₹30 lakh. Despite initial concerns about quality, investor Aman Gupta recognized the potential and offered the sought-after investment, sealing the deal with ₹30 lakh for 3% equity.

Shelly’s entrepreneurial vision, coupled with her relentless determination, has propelled ‘The Shell Hair’ to unprecedented success, showcasing the power of innovation and resilience in the world of business. Her story serves as an inspiration to aspiring entrepreneurs, highlighting the transformative impact of perseverance and passion in achieving entrepreneurial dreams.

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