Ayouthveda Aims to Record Rs 100 cr Revenue in 3 years
Ayouthveda Aims to Record Rs 100 cr Revenue in 3 years

Ayouthveda, an Ayurvedic personal care brand that specializes in formulating world-class beauty and wellness products, has managed to register ground-breaking growth in the pandemic period by raking in annual revenue of Rs 12 crore in FY-2020-21 while growing at a quarterly rate of 30 percent.

Despite the pandemic leaving a disastrous trail of events in its wake, Ayouthveda has clocked an impressive 22 percent customer return rate during the new normal for the FY-2020-21. The company further aims to record Rs 100 crore in terms of revenue in the next three years and also envisages becoming the de-facto leaders of the Indian skincare segment.

Commenting on the exponential growth, Dr. Sanchit Sharma, Founder, and Director at Ayouthveda, said, "We are tremendously pleased to have recorded such magnificent growth figures in the very first year of our operations. We are keen on forging a strong presence in the industry through our distinction and efforts. And, indeed, this has been a highly rewarding experience for us to have struck gold on our very first strike."

Ayouthveda Aims to Record Rs 100 cr Revenue in 3 years

"We are confident that this is merely the start of a beautiful journey and we look forward to triumphing towards furnishing only the best-in-class Ayurvedic personal care products that are safe from harmful additives and chemicals to our customers across the country," he added.

Headquartered in Delhi, Ayouthveda offers superior products ranging from face care, hair care, bath and body care, intimate and hygiene care that are 100 percent free from harsh chemicals, parabens, and artificial color. The brand endeavors to blend the goodness of ancient Ayurvedic cleansing techniques with ultra-modern technology and the latest skincare innovations to provide therapeutically active products.

Ayouthveda has to its credit an extensive operational model that is based on both manufacturing and marketing quality products through multi sales channels such as a dedicated network of beauty advisors situated at various critical points of purchase stores and online commerce. It boasts of an adept team of 100 professionals who are on a mission to help people make the much-needed change from harmful skincare products towards the promise of natural Ayurvedic goodness.

 
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Retail India News: Somany Impresa Group Appoints Shashvat Somany as Head of Strategy
Retail India News: Somany Impresa Group Appoints Shashvat Somany as Head of Strategy
 

Somany Impresa Group has announced the appointment of Shashvat Somany as the Head of Strategy. This strategic move signifies a significant step in the Group's expansive plans across its various companies, including AGI Greenpac, Hindware Home Innovation Limited, and Hindware Limited. Shashvat will play a crucial role in shaping the long-term strategic direction, collaborating closely with business leaders for the Group's ambitious growth and diversification.

In his new role, Shashvat will take charge of steering the Group's innovation and business expansion initiatives. His primary focus will be on leading AGI's global expansion initiatives, formulating a strategic roadmap to establish a strong international presence. Shashvat will also be tasked with exploring strategic partnerships, fostering innovative collaborations, and evaluating potential ventures to further enhance the Group's presence in the building products and packaging products sector.

Beyond these strategic initiatives, Shashvat will concentrate on enhancing the capabilities of the data and analytics teams, contributing to the Group's digitalization efforts. His primary objective is to ensure a comprehensive and forward-looking integration of technology across the businesses, positioning Somany Impresa Group for success in the digital age.

"I am thrilled to embark on this new chapter with Somany Impresa Group. The Group's commitment to innovation and forward-thinking approach is truly inspiring. I am confident that my experience and collaborative spirit will contribute to our ambitious expansion and diversification goals,” said Shashvat Somany, Head of Strategy, Somany Impresa Group.

 

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