Analytics
Raised to Date: $428,744
Aggregate Commitments $
Total: $’ + total_amount_formatted + ‘
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Republic
10/03/2019
12/24/2019
$25,000
$1,070,000
$100
SAFE
RegCF
$5,000,000
Rolling Commitments $
Prior period: $’ + weekly_amount_formatted + ‘
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Funded
12/31/2019
Funded
1,715%
40%
Funded
$5,229
1,063
Funded
Location
Beauty & Personal Care
Aavrani, a premium skincare brand with a valuation cap of $5 million, is raising funds on Republic. The products of Aavrani are inspired by natural and ancient Indian beauty rituals. The company also supports young women’s education by sharing a part of its earnings with the Shanti Bhavan School in India. The beauty ritual of Aavrani is a four-step process, including glow-activating exfoliation, balance restoring serum, softening hydra-whip, and eye rejuvenating elixir. Aavrani was founded by Justin Silver and Rooshy Roy in December 2017 and has raised $1.25 million in previous rounds of funding. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. Aavrani has over 500 five-star reviews on its products, with a 30% repeat purchase rate. It reached more than $1 million in revenues in 2019, with a gross profit margin of 84%.
Source: https://www.crowditz.com/2019/10/aavrani-on-republic/