Suwasthi Group
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Suwasthi Group - overview
Established
2017
Location
Noida, -, India
Primary Industry
Consumer Products
About
Based in Uttar Pradesh, India, and founded in 2017, Suwasthi Intense Beauty Products Private Limited operates as software development company that offers an e-commerce platform for consumer products for personal hygiene, health, and nutrition. The company was founded by Kunwar Chauhan. In November 2022, Suwasthi Group raised INR 20 million in venture funding led by White Wizard Technologies Pvt Ltd. The firm offers an online e-commerce platform that offers various consumer products for health and wellness.
The hair care products offered by the firm include hair revitalizers which include hair growth spray, hair mask, foaming shampoo, hair oil, and serum. The bath and body products on offer include blueberry, peach, and avocado body wash, along with aloe vera gel and moisturizer. The firm also provides health and nutrition supplements which include seeds, juices, etc. The company plans to use the November 2022 funding to develop its manufacturing and production.
Current Investors
Velocity
Primary Industry
Consumer Products
Sub Industries
Beauty & Hygiene, Health Foods & Nutritional Supplements, Web Applications
Website
www.suwasthi.com
Verticals
E-commerce
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Suwasthi Group - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 608,663 | 11,146,943 | 12,544,893 | 9,964,837 | - | - | - |
| % Revenue Growth (YoY) | - | - | 1731.4% | 12.5% | (20.6%) | - | - | - |
| EBITDA (USD) | (17,000) | (37,729) | 189,304 | (28,643) | (2,546,478) | - | - | - |
| Operating Income (USD) | (17,000) | (47,729) | 128,614 | (127,185) | (2,623,539) | - | - | - |
| Operating Margin | - | (7.8%) | 1.2% | (1.0%) | (26.3%) | - | - | - |
| % EBITDA Margin | - | (6.2%) | 1.7% | (0.2%) | (25.6%) | - | - | - |
| NET Income (USD) | (17,000) | (47,729) | 95,175 | (113,058) | (2,567,401) | - | - | - |
| % Net Margin | - | (7.8%) | 0.9% | (0.9%) | (25.8%) | - | - | - |
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