Chandanni Organics

Chandanni Organics

Early Stage

Products and Tools for everyone

Products and Tools for everyone

Overview

Funding data not publicly available
Platform

Castle Placement

Start Date

04/09/2023

Close Date

03/23/2024

Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$8,000,000

Year Founded

2022

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

WESTLAKE VILLAGE, California

Business Type

Growth

Chandanni Organics, with a valuation of $8 million, is raising funds on Castle Placement. It is a lifestyle brand that makes organic skincare and cleansing products and superfoods. The business also offers daily lifestyle tools and educates consumers to navigate through healthy habits. Chandanni Organics makes its products using 100% organic and natural ingredients and employs an omnichannel distribution strategy for its marketing and growth. Chandanni Miglino founded Chandanni Organics in October 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for sales and marketing, general administration, material, inventory, manpower, and facilities.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$43,701

$58,624

COGS

$7,526

$5,441

Tax

$837

$800

 

 

Net Income

$6,037

$10,579

Summary Balance Sheet

FY 2022 FY 2021

Cash

$13,633

$3,054

Accounts Receivable

$635

$3,880

Total Assets

$7,596

$13,656

Short-Term Debt

$14,827

$5,127

Long-Term Debt

$0

$0

Total Liabilities

$14,827

$5,127

Financials as of: 04/09/2023
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Chandanni Organics on Castle Placement 2023
Platform: Castle Placement
Security Type: Equity - Common
Valuation: $8,000,000
Price per Share: $2.00

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