BigStylist
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BigStylist - overview
Established
2015
Location
Mumbai, -, India
Primary Industry
Consumer Services
About
BigStylist is a digital platform providing tailored beauty services, connecting users with professional stylists and salons, enhancing personal grooming experiences through an easy-to-use interface. Founded in 2015, BigStylist operates out of Mumbai, India, offering a unique platform that matches clients with beauty service providers. The company has successfully raised funding, led by Info Edge (India) Limited in July 2017, totaling INR 80 million, which has been vital to its operations and growth. The founder has a history in the tech and services sector, potentially indicating a strong background in entrepreneurship.
BigStylist specializes in delivering a digital marketplace for beauty services, allowing users to book appointments with experienced stylists and salons. The platform facilitates seamless access to grooming services, catering to both individual consumers seeking personalized beauty treatments and service providers looking to expand their clientele. By focusing on user experience, BigStylist enables clients to navigate available beauty options easily and manage appointments efficiently. In the most recent financial year of 2022, BigStylist reported zero revenue with an EBITDA of INR -6,731,000, indicating significant challenges in financial performance during that period.
BigStylist aims to leverage its recent funding of INR 80 million, raised in July 2017, to enhance its platform and expand its service offerings. The company is actively developing new features aimed at improving user engagement and satisfaction. Plans are underway to explore additional markets within India and potentially other regions in Asia, focusing on launching these initiatives by mid-2023. The funding will support technological advancements and marketing strategies to reach new customers effectively.
Current Investors
Info Edge (India) Limited
Primary Industry
Consumer Services
Sub Industries
Beauty & Hygiene, Consumer Services
Website
www.bigstylist.com
Verticals
E-commerce, Mobile Apps
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
BigStylist - timeline of key events
BigStylist - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 7,658,047 | 33,365,730 | 33,598,096 | 137,709 | - | - | - |
| % Revenue Growth (YoY) | - | 335.7% | 0.7% | (99.6%) | - | - | - |
| EBITDA (USD) | (36,242,718) | (60,037,393) | (54,538,879) | (17,392,830) | - | - | - |
| Operating Income (USD) | (36,547,606) | (60,999,410) | (55,960,868) | (17,846,763) | - | - | - |
| Operating Margin | (477.2%) | (182.8%) | (166.6%) | (12959.8%) | - | - | - |
| % EBITDA Margin | (473.3%) | (179.9%) | (162.3%) | (12630.1%) | - | - | - |
| NET Income (USD) | (35,248,188) | (59,879,467) | (58,138,377) | (20,604,445) | - | - | - |
| % Net Margin | (460.3%) | (179.5%) | (173.0%) | (14962.3%) | - | - | - |
BigStylist - employee data
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