Makeup Brand Elitty Fails To Get Funding, But Why? | Shark Tank India | Startup Funding
Elitty, India's first teen makeup brand, pitched their hearts out on Shark Tank India Season 3, but walked away empty-handed. But why? This video dives deep into the reasons behind their failed funding bid, analyzing key factors like: Valuation, Contribution Margin and More. We also talk about the products they have and what makes them unique, but still it wasn't enough for a successful funding.
About Elitty:
Elitty, India's first teen-specific makeup brand, is all about celebrating the vibrant world of adolescence. They offer fun, colorful and safe cosmetics like eyeliners, lip glosses, and nail paints designed specifically for young skin. Their ingredients are infused with nourishing elements like witch hazel and almond oil, and their ethos revolves around self-expression and empowerment. Featured recently on Shark Tank India, Elitty caters to teenagers exploring their unique sense of beauty, encouraging them to experiment and define their own relationship with makeup.
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