Total amount raised
$6.7 Million
Latest funding date
2/1/2025
Location
Hair Originals has successfully raised funding over five rounds, with the latest being a Series A round. The company has attracted a total of 14 investors, including notable names like 12 Flags Group and Peyush Bansal.
Keep reading to explore the intricacies of Hair Originals' fundraising journey and the investors backing this innovative platform.
What Is Hair Originals?
Hair Originals is a private company that specializes in distributing hair extensions and related products. The company operates in the beauty, cosmetics, e-commerce, and fashion industries. Founded in Paris, Ile-de-France, France, Hair Originals has an employee count ranging from 51 to 100.
In addition to its Paris location, the company also has a presence in Gurugram, Haryana, India. Hair Originals offers a variety of products, including DIY hair extensions, hair loss solutions, and permanent hair extensions, along with services like home trials and video consultations.
How Much Funding Has Hair Originals Raised?
- Series A
- Amount Raised: USD 5,000,000
- Date: February 2025
- Lead Investors: 12 Flags Group, Anicut Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Expand 'try-at-home' services to 40 cities, launch 30 experience centers, and bolster R&D capabilities.
- Series A
- Date: October 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
- Seed
- Amount Raised: USD 1,250,000
- Date: December 2022
- Lead Investors: Anicut Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Establish operations, develop product line, and form initial partnerships.
- Pre-Seed
- Amount Raised: INR 30,000,000
- Date: January 2022
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
- Pre-Seed
- Amount Raised: INR 6,000,000
- Date: January 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Not publicly disclosed
Total Amount Raised: USD 6,250,000
Current Valuation: Not publicly disclosed
Key Investors
- 12 Flags Group
- Details: 12 Flags Group is an investment firm that focuses on consumer-centric businesses. They have a strong presence in the beauty and fashion sectors.
- Investment Focus Areas: Consumer goods, beauty, fashion
- Notable Investments: Not publicly disclosed
- Anicut Capital
- Details: Anicut Capital is a growth-stage investment fund that provides capital to companies with high growth potential. They have a diverse portfolio across various sectors.
- Investment Focus Areas: Growth-stage companies, diverse sectors
- Notable Investments: Not publicly disclosed
- Peyush Bansal
- Details: Peyush Bansal is the cofounder of Lenskart, a leading eyewear company in India. He is known for his entrepreneurial skills and investments in consumer products.
- Investment Focus Areas: Consumer products, retail
- Notable Investments: Lenskart
What's Next for Hair Originals?
Hair Originals is poised for significant growth with plans to expand its 'try-at-home' services to 40 cities and launch 30 experience centers. These initiatives, coupled with partnerships with over 1,400 salons, indicate a robust domestic market potential. The company is also eyeing global expansion, particularly in North America, which could open new revenue streams.
Future fundraising opportunities are likely, with potential Series B and C rounds to support these ambitious plans. The company may also attract interest from larger beauty conglomerates for strategic partnerships or acquisitions. However, challenges such as competition from established players and managing logistics for expanded services could pose hurdles.
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