Hotline: 1800 102 2007
X
Search Business Opportunities
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.

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.

Comment
Related opportunities
  • About Us:  M. P. Goel Hardware (P) Ltd is a well-established..
    Locations looking for expansion Delhi
    Establishment year 2008
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Beauty & Health Sub
    Start Your Own Business Earn-50000 to 200000 Per Month    If you..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2014
    Franchising Launch Date 2014
    Investment size Rs. 50 K - 2lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya Pradesh
  • HR & Recruitment
    About:   Aarvi Encon is an established manpower outsourcing company based in..
    Locations looking for expansion Maharashtra
    Establishment year 1990
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 0
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us: The American School is a unique research-based endeavour..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities