Hotline: 1800 102 2007
Hotline: 1800 102 2007
Feb, 05 2018

Emami enters the professional salon segment, to invest in Brillare Science

Brillare has a range of premium hair and skin care portfolio for use in salons. Its products are based on natural ingredients.

Emami enters the professional salon segment, to invest in Brillare Science

In a strategic agreement, Emami Ltd has planned to investment in Brillare Science through compulsory convertible preference shares which on conversion will result in 26% equity stake in Brillare basis the achievement of agreed future performance of the company. With this, Emami enters the professional salon segment.

Brillare has a range of premium hair and skin care portfolio for use in salons. Its products are based on natural ingredients. Some customised beauty treatments are provided to salon professionals which them to treat multiple hair and skin concerns simultaneously.

Emami Ltd director Harsha V Agarwal said the investment in Brillare is in line with the company’s strategy of exploring professional personal care segment through channels like hi-end salons that has the potential to become one of the key channels in the future that requires different capability, expertise and relevant products.

Jigar Patel, founder and CEO, Brillare said Emami with its strong business insight and deep industry experience is a perfect partner to help accelerate growth and take it to the next level. “Together, we aim to become the most aspiring, innovative focused and consumer loved brand originated from India,” he said.

The new trend to appear well groomed, increased disposable income, elevated standard of living, and urbanisation is contributing to the growth of the grooming industry. This desire to appear well groomed and fashionable has led to the growth of the professional spa and salon industry.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Casual Dine Restaurants
    About Us: The American Connection Dinner—A diner that glows from its..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 1200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • About Us: Kharya’s Brijwasi sweetshop cum restaurant chain started with an..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Competitive Exam Coaching Institute
    About Us: E SCHOOL is an IELTS education institute providing coaching..
    Locations looking for expansion PUNJAB
    Establishment year 2008
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 3500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater BATHINDA PUNJAB
  • Juices / Smoothies / Dairy Parlors
    About Us: Crazy Crush is the fastest growing Juice Bar Brand..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities