Recode Studio is a cosmetic business based in India that is dedicated to providing high-quality products at affordable prices.
The company is associated with leading manufacturers from around the world, including Germany and Taiwan, and is committed to becoming the world’s largest platform for beauty and lifestyle brands.
More About Recode Studios
In 2018, Recode Studios Pvt Ltd was founded by Dheeraj Bansal and Rahul Sachdeva in Punjab, and since then, it has rapidly grown and expanded its offerings.
To make its products more accessible to consumers, Recode Studio has its own online marketplace, featuring a wide range of cosmetics from multiple brands.
The marketplace, which was launched in 2021, has quickly gained popularity, with over 60 brands now listed on it. In addition to selling its own products, Recode Studio is also providing a platform for other businesses to showcase their products and reach a wider audience.
The founders of Recode Studio, Dheeraj and Rahul, are highly ambitious and are always looking for new ways to grow and expand their business.
In Shark Tank India Season 1 Episode 2, they had the opportunity to pitch their company to a panel of investors and asked for 1% equity in exchange for INR 1 crore at a valuation of INR 100 crores.
While they were not successful in securing funding from the Sharks, it is clear that they are committed to building a successful and thriving business.
In just a few short years, Recode Studio has established itself as a leading player in the cosmetics industry, and it shows no signs of slowing down. With its focus on quality and affordability, as well as its dedication to providing a platform for other businesses to thrive, Recode Studio is well-positioned for continued success in the years to come.
Recode Studios Shark Tank Pitch And Update
As shared earlier, the brand appeared on the first episode of Shark Tank India season 2. The founders introduced the brand and also shared a number of ways in which they are acquiring customers.
Peyush Bansal and Anupam Mittal got amazed by the ideas that Dheeraj and Rahul are using as their customer acquisition model.
Here are more details about their Shark Tank pitch:
|Brand Name||Recode Studios|
|Founders||Dheeraj Bansal and Rahul Sachdeva|
|Profitability||Business is Profitable|
|Shark Tank Episode||Season 2 – Episode 1|
|Asked For||1 Crore INR for 1% Equity|
Frequently Asked Questions About Recode Studios
Here are some frequently asked questions about Recode Studios that people are asking over the Internet after their appearance on Shark Tank India season 2:
1. Who Is The Founder of Recode Studios?
Dheeraj Bansal and Rahul Sachdeva are the founders of the brand Hoovu Fresh.
2. Is The Business Profitable?
Yes, Recode Studios is a profitable business and after Shark Tank India season 2 they would definitely see an increase in their sales.
3. Which One Is The Shark Tank Recode Studios Episode?
Recode Studios made their entry on Shark Tank India Season 2 Episode 1. After the episode aired on television, everyone became curious to know more about the brand and their products.
4. What Happened to Recode Studios After Shark Tank?
Recode Studios was not able to receive an investment from the sharks but all of them were greatly impressed. Peyush Bansal and Aman Gupta said they will also use the same strategies to acquire customers for their own brands.
5. Why No Shark Invested in Recode Studios?
There were different reasons for individual sharks for not making an investment in the brand. Some of the viewers are also not happy with their decision. As per the viewers, the brand is making great revenue and is a profitable startup even in such a crowded beauty marketplace.