Aavrani on Republic

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

Raise to date: $428,744

Reporting Date: 12/31/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

10/03/2019

Stop Date

12/24/2019

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$100

Deal Type

Top Deal


Investment Summary

Status

Confirmed Closed

# of Investors

1,063

% of Minimum Raised

1,715%

% of Maximum Raised

40%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$5,229

DPD* Category

$0

DPD* All Companies

$1,176

Kingscrowd Momentum

$428,744

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

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%.

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