Aavrani

Early Stage

Digitally-native premium skincare inspired by India’s ancient beauty rituals

Analytics

Raised to Date: Raised: $37,452

Aggregate Commitments $

Platform

Republic

Start Date

11/12/2021

Close Date

12/10/2021

Min. Goal

$25,000

Max. Goal

$500,000

Min. Investment

$200

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$24,000,000

Discount Rate

10%

Rolling Commitments $

Status

Active

Reporting Date

12/05/2021

Days Remaining

5

% of Min. Goal

150%

% of Max. Goal

7%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,628

Momentum
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Location

New York, New York

Industry

Beauty & Personal Care

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Aavrani, with a valuation of $24 million, is raising funds on Republic. The company makes premium skincare products inspired by the ancient beauty rituals of India. The skincare routine of Aavrani includes four powerful steps using sustainable products made using clean ingredients. The products of Aavrani are potent, skin-loving, and free of parabens, sulfates, mineral oil, and other synthetic fragrances. Aavrani generated over $1 million in revenue in the past twelve months and is on track to reach $5 million in sales in 2021. Rooshy Roy and Justin Silver founded Aavrani in December 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used for R&D, product development, marketing, and hiring.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$964,164

$197,410

COGS

$162,828

$36,661

Tax

$0

$0

 

 

Net Income

$-293,176

$-652,186

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$288,910

$207,387

Accounts Receivable

$0

$0

Total Assets

$616,271

$281,578

Short-Term Debt

$86,696

$26,147

Long-Term Debt

$1,419,433

$852,113

Total Liabilities

$1,506,129

$878,260

Financials as of: 11/12/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Aavrani 12/10/2021 Republic $24,000,000 $37,452 SAFE Active RegCF
Aavrani 12/24/2019 Republic $5,000,000 $428,744 SAFE Funded RegCF
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Aavrani on Republic 2021
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Platform: Republic
Security Type: SAFE
Valuation: $24,000,000
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