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
  • Others Food Service
    About Us: Founded in 2016, MOMO JOJO is the most loved..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Laundry & Dry Cleaning
    About Us: Established in 2012, Western Dhobi Grandeur is an innovative..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater PUNE Maharashtra
  • Supply Chain Management
    About Us: Established in 2004 in the UAE, Total Tools is..
    Locations looking for expansion Delhi
    Establishment year 2005
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Chai GaramWe serve our tea the way Indians like..
    Locations looking for expansion New Delhi
    Establishment year 2008
    Franchising Launch Date 2009
    Investment size Rs. 10lac - 20lac
    Space required 60 - 400 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
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