Founded by Bharat Khatri, Havintha is a natural hair and skin care business with products created from Ayurvedic classics. Natural hair shampoos, hair oils, and face and body wash powders—all meant to be chemical-free and advance healthy beauty—are part of their product line. The brand is forecasting ₹7 crores in the current year; sales from ₹50 lakhs in 2019-20 to ₹5 crores in 2023-24 have shown notable rise. Though Havintha appears on Shark Tank India Season 4 and faces doubt regarding the scientific validation of their products, she continues to flourish emphasising on providing natural and sustainable beauty solutions via her website.
Company Name: Havintha
Founder: Bharat Khatri
Product: Hair and Skin Care Brand
Highlights
1. Ayurvedic, chemical-free hair and skin care products are the main emphasis here using natural ingredients.
2. Natural shampoos, hair oils, face and body wash powders are among the products in range.
3. With predictions of ₹7 crores for 2024-25, sales rose from ₹50 lakhs in 2019-20 to ₹5 crores in 2023-24.
4. Profit Margins: Over 20%, the corporation claims to have.
5. Shark Tank Look: Bharat Khatri offered ₹50 lakhs at a ₹25 crore valuation, but he failed to land a deal because of questions regarding Ayurvedic knowledge and product validation.
6. Emphasises providing naturally occurring, environmentally friendly beauty products.
7. Online sales: Still runs and markets goods on its own website.
Pitch Details
Ask: ₹50 lakhs for 2% equity (Valuation: ₹25 crores).
Deal: After negotiations deal couldn’t happen
Investors: NO DEAL
Conclusion: The Havintha pitch on Shark Tank India turned out for the brand mixed results. Although Bharat Khatri presented good financial performance and a bright future with a ₹25 crore value, worries from the sharks about the absence of scientific validation and Ayurvedic degrees in the team resulted in a paucity of investment bids. Notwithstanding these obstacles, the presentation underlined the brand’s potential in the natural cosmetics market. Though the agreement was not finalised, Havintha’s ongoing development and emphasis on sustainability point to a strong basis for success in the market, therefore demonstrating that occasionally the worth of a pitch transcends mere money.
Key Takeaways from the Episode
1. Entrepreneurs underlined the need of reasonable assessments as they battled to align their valuations with the demands of the sharks.
2. Products lacking scientific support, such as Havintha’s Ayurvedic line, were under close examination by the sharks out of mistrust about product validation.
3. Resilience is rewarded; some entrepreneurs walked away without transactions but stayed devoted to their companies.
4. Pitches addressing actual customer concerns appealed better to the sharks.
5. Sharks provided insightful analysis on overcoming obstacles and managing companies.
6. Emotional Stories: Individual paths behind the companies revealed the enthusiasm and will of entrepreneurship.
