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Hair Extension Marketplace Hair Originals raises 30 Million in Pre-Seed Funding

Jitendra Sharma (1)

Gurugram based hair extension and wigs brand Hair Originals has raised around 30 Million (INR-3Cr) in angel investment from marquee investors post its appearance and funding in Shark Tank India. After achieving a series of international milestones and appearing in a business reality series “Shark Tank India”, Hair Originals not only received the funding at the show but also immediately raised a pre-seed round. Expanding its business from a global B2B model, Hair Originals has now launched its D2C online platform; the funding is being channelled towards AR technologies for real-time product experience before purchase, workforce expansion and other back-end developments.

Hair Originals line of products is made from ethically acquired human hair while empowering women from various cities of India who work in this segment. They have exhibited their products in various international events and have exported across 22 countries as well as in the top luxury salons of the US, Europe and Africa. At the World Hair Congress in France their products were positioned in the luxury segment and received positive remarks by fashion critics; one of France’s renowned celebrity stylists Eric Maurice came on board to be their brand ambassador.

Talking about the journey of Hair Originals and the endeavours ahead Mr Jitendra Sharma mentioned, “After graduating from IIT, I started my career with French Oil Majors and worked across more than 40 countries, it was during this global exposure I realized that the human hair extension and wig segment is a huge global market with India as the epicenter of high-quality and ethical sourced hair. The main efforts then went into science-based research and market analysis. “The overwhelmingly positive feedback from customers across the globe and support from the investors became the driving force in the expansion. With the launch of our D2C platform, our goal is to make our premium products affordable for everyone by cutting the middleman cost. In the upcoming 2 to 2.5 years our aim is to achieve a target of 100 Cr ARR.” he further added.

Their in-house stylists have industry-leading craftsmanship; hence, both their hair products and service come with the guaranteed highest level of quality. Hair Original continues to be the global leader in processing and delivering 100% Natural Hair Extensions, made from virgin Indian Remy (scalp sourced) hair with a vast variety of consumers across the globe. Many internationally renowned celebrity hairstylists use Hair Original products for their shows such as Latil Pascal and Laurent Voicinet. They are also the Official Partner of the Elite Hair Training Academy and the Helder Marucci Master along with other popular brands such as L’oreal and Schwarzkopf.