Hotline: 1800 102 2007
X
Search Business Opportunities
Feb, 14 2019

Kama Ayurveda to launch 16 new stores in 2019

The brand, running about 40 stores in India, has recently launched in airport locations such as Raipur, Indore, Amritsar and Coimbatore.

Kama Ayurveda, an Indian beauty brand, is planning to add 16 new stores in 2019, expanding its portfolio. The brand, running about 40 stores in India, has recently launched in airport locations such as Raipur, Indore, Amritsar and Coimbatore. It has been backed by Lighthouse Funds and sugar baroness Rajshree Pathy.

According to Shripad Yesso Naik, the Union Minister of AYUSH, the market for ayurvedic products stood at about $2.5 billion in 2015 and will reach $8 billion by 2022. 

Kama Ayurveda opened its first standalone store in 2012. In 2014, the brand grew 600% from having two stores to 40 stores. Now, 30% of its sales come in the form of online sales and it has 50 shop-in-shop stores as well. 

Vivek Sahni, CEO of Kama Ayurveda, said, "The biggest challenge in India is getting access to quality retail stores and good locations. If the best malls are full, how does one go about getting a good location for a store?"

The company eyes to expand beyond its tier-II market to tier-III cities. 

"Currently, we're tapping into a very small segment of the market. The potential is huge and if we get a good partner who can help us expand, we'd be open to receiving new investments," Sahni added. 

Comment
image
Related opportunities
  • Quick Service Restaurants
    About Us: While Wada Pavs have been on a high, Samosas..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
  • Electric Vehicles (E-Vehicles)
    About Us: India’s First –Ever Electric Bike- Rental/Taxi/Delivery Platform e-Bike is a..
    Locations looking for expansion New Delhi
    Establishment year 2007
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Real Estate Sub
    About Us: RE/MAX is one of the World’s largest and most..
    Locations looking for expansion New Delhi
    Establishment year 1973
    Franchising Launch Date 2009
    Investment size Rs. 5lac - 10lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
  • Other Vocational Training
    About Us: Kadambari Sangeet Mahavidyalaya is the complete school of music..
    Locations looking for expansion Uttar pradesh
    Establishment year 2010
    Franchising Launch Date 2013
    Investment size Rs. 20lac - 30lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
Insta-Subscribe to
Entrepreneur
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