Ghazal Alagh is a charming and successful businesswoman who co-founded and built the beauty, child and skincare brand named ‘MamaEarth’. She was also one of the seven sharks from the Shark Tank India show. Though her presence in the show was limited, Ghazal made several investments and encouraged the upcoming entrepreneurs.
In an unsuccessful search for a skincare solution for her kid, Ghazal ended up founding her own baby and skincare brand. Her love and passion for business and branding strategy made Ghazal an inspiring businesswoman. Now she’s passing hands to lift other budding entrepreneurs to develop their startups. Let’s know a little more about Ghazal Alagh and her investments in startups.
Uvi Health
The Sass Bar
Sunfox Technologies
Watt Technovations
Humpy A2
Gold Safe Solutions Industries
Wakao Foods
Nomad Food Project
Who is Ghazal Alagh?
Ghazal Alagh was born in Gurgaon, Haryana, on the 2nd of September 1988. She is a BCA (Information Technology) graduate from Punjab University, where Ghazal Alagh also completed her Post Graduation.
Her love for arts made her attend several intensive courses on figurative painting and modern arts at the New York Academy of Arts. She worked as a corporate trainer at NIIT before founding MamaEarth.
Ghazal got married to Varun Alagh in 2011. After the birth of their first child, the couple realized that there were no toxin-free baby care products available on the market. This compelled Varun and Ghazal to start their own company.
They began with toxin-free baby products and later expanded to beauty, body, hair, and skincare solutions for all age groups. The company ‘MamaEarth’ has received multiple recognitions for its quality and growth over the years.
Here is the list of all startups funded by Ghazal Alagh:
Uvi Health
Uvi Health is a healthcare solution platform that offers medical and other wellness assistance to women. The company offers personalized support from experts. Uvi aids women in taking care of their mental wellbeing, PCOS-related issues, and physical fitness. They organize doctor and health coach consultations for comprehensive expertise solutions.
Ghazal Alagh made an investment in Uvi Health in July 2021. It was a Pre Seed Round led by Titan Capital. A sum of ₹2.47 crores was invested in the company by Ghazal along with five other investors.
The Sass Bar
The Sass Bar is a startup that is involved in the manufacturing of creative soaps. The company produces soaps that look and smell like desserts. The products are made up of completely natural ingredients.
Other than desserts The Sass Bar manufactures soaps in the form of seascape, retro, cafe, festive and celestial collections. There is also a bulk gifting option along with curated gift cards.
The Sass Bar’s innovative and creative idea fascinated Ghazal Alagh. She invested ₹25 lakhs for 17.5% equity in the company.
Sunfox Technologies
Sunfox Technologies or Spandan is a company that creates compact and portable devices that help people to track their ECG, Sugar, and BP levels. This startup aims at providing easy-to-use healthcare monitors at affordable costs.
Sunfox Technology’s goal is to reduce the death rate caused by undiagnosed health failures. Constant monitoring of our health reduces this and Spandan’s compact devices help in achieving this.
Ghazal Alagh made an investment of ₹20 lakhs in return for 1.2% equity in Sunfox Technologies.
Muskaan Kapoor
Watt Technovations
The 19-year old Nihaal Singh Adarsh, the founder of Watt Technovations, appeared in Shark Tank India. He got the attention of all Sharks through his passion for innovation and the investment he demanded from them.
Adarsh pitched his idea of creating ventilated PPE kits but the sharks turned down his idea. Instead, they encouraged him to keep innovating by providing him with their support and the asked investment. Watt Technovations demanded a fund of ₹101 for 2% equity.
Ghazal Alagh contributed her share of ₹25 for 1% equity in the startup.
Humpy A2
Humpy A2 is an organic dairy product startup. The company offers nutritious, pure, and fresh dairy products. In addition to it, Humpy A2 sells a few groceries like dals, rice, millets, honey, oil, etc., All their products are USDA, FSSAI and A2 certified.
Humpy A2 not only aims at feeding people healthy but is also determined for safe and green earth. The company is trying every means to reduce plastic usage and go environment friendly.
The founders managed to convince Ghazal Alagh and secured a sum of ₹33.33 lakhs for 5% equity in the company.
Gold Safe Solutions Industries
Safe Solutions Industries manufactures anti-suicidal ceiling fan rods that prevent suicides by hanging. The man behind this invention is Sharad Ashani and he pitched his idea in Shark Tank India.
The founder claims to have installed over 50,000 anti suicidal rods in hotels, hospitals, jails, hostels, etc., His noble mission to reduce hanging deaths by his Gold Life Venture received a good reception from the sharks as well as the public.
Gold Safe Solutions Ind. received a sum of ₹16.67 lakhs from Ghazal Alagh for 10% equity in the company.
Wakao Foods
Wakao Foods is a Jackfruit based food manufacturing startup from Goa. The company sells ready-to-cook and ready-to-eat foods with no added preservatives. Wakao Foods also produces vegan food varieties made from Jackfruit. The founder's long-term goals and vision towards his business were so clear. Ghazal Alagh offered to invest ₹25 lakhs for 7% equity in Wakao Foods.
Nomad Food Project
Nomad Food Project is another food manufacturing startup that sells bacon-related jams and relishes. Bacon is the core food item used in making all other dishes made by this startup. The varieties and flavours Nomad Foods bring in their products and the marketing technique they used to sell them are excellent.
The founders convinced Ghazal Alagh and bagged an investment of ₹10 lakhs for 5% of the company's equity.
Muskaan Kapoor
Conclusion
Though MamaEarth stationed itself firmly in the market, Ghazal Alagh became well-known only after she appeared as a Shark in the Shark Tank India. She was the youngest shark in the show. Ghazal's journey as an investor has just begun. She has made most of her investments in Shark Tank India. Ghazal’s enthusiasm for budding startups and entrepreneurs proves that she will invest more in the future.
FAQs
Who is Ghazal Alagh?
Ghazal Alagh is a charming and successful businesswoman who co-founded and built the beauty, child, and skincare brand named ‘MamaEarth’.
When and where was Ghazal Alagh born?
Ghazal Alagh was born in Gurgaon, Haryana, on 2nd September 1988.
How much has Ghazal Alagh invested in startups?
Investments in startups are estimated to be around ₹1.2 crores in Shark Tank India and an undisclosed amount in Uvi Health.
What is the net worth of Ghazal Alagh?
Her net worth is estimated to be around $20 million.
Source :- https://startuptalky.com/ Author :- Bharath Date :-March 11, 2022 at 03:41PM