JM Financial Credit Solutions Limited Rs. 750 crores NCD Issue to open on May 28, 2018 - Samsung Launches Exciting New Galaxy J&A Smartphones With Infinity Display And Chat Over Video - Toyota Kirloskar Motor begins delivery of Yaris Pan India - Balaji Amines Ltd declare 130% dividend and PAT increased by 37.38% - Abbott’s New PediaSure® Cookies & Cream ensures Summer Break is a good #timetogrow for Children - OnePlus 6 The Fastest and Most Sophisticated Handset – The Speed You Need comes to India - Small Steel Manufacturers have a bigger role in India’s vision of producing 300mn tonnes by 2030 : Chaudhari Birendra Singh - Honda Cars India launches All-New 2nd Generation Honda Amaze - Dewan Housing Finance Corporation Ltd. Rs12,000 crore non-convertible debentures (NCDs) bond issue to open on May 22, 2018 - Construction & Infrastructure Industry awaits 6th edition of Concrete Show India (CSI) 2018 - SHELL LUBRICANTS UNVEILS THE ‘POWER OF PARTNERSHIPS’ CAMPAIGN TO CELEBRATE INDUSTRY COLLABORATION AND PARTNERSHIPS - Confidence Group Launches ‘GoGas Elite’ - Composite LPG Cylinders - Kalpataru Wins CREDAI-MCHI Golden Pillar Award for its CSR Initiatives - Kieron Pollard inaugurates new state of the art Cricket Wing at New Ahmedabad Sports - KINGSTON TECHNOLOGY STRENGTHENS ITS SERVICE IN INDIA - Compuage Infocom Ltd. – declares dividend of 20% for FY18 - Fitbit Announces India Availability of Fitbit Versa - NCP President Sharad Pawar to inaugurate Tawde “Atithi Bhavan” - Megh Mandal Sansthan to Felicitate Indian Painters with Raja Ravi Varma Chitrakar Samman Samaroh on 8th May at Iskcon Auditorium at 8 PM - IndoStar Capital Finance Initial Public Offering (IPO) Opens on May 9, 2018 - Irfan Pathan Launches Mashroo’s Exclusive Ramadan Collection Thobes - Gem & Jewellery India International Exhibition (GJIIE) 2018 Concludes With a Dazzle in Chennai - Constantia Flexibles to double sales in India in five years - Bandhan Bank Q4 net profit up 20.3% at ₹387.9 crore, Net profit for FY 17-18 jumps 21% at ₹1345.6 crore - 3rd edition of ‘Page 3 International Awards’ this year on April 28 at Hotel JW Marriott Marquis in Dubai Hosted By AAT in association with Tefla’s - OJAS Eye Hospital brings Lumenis M22 Optimal Pulse Technology (OPT) - Saltigoto focus more on business opportunities in India - CBME India 2018 launches its 6th edition amidst a positive wave in the children, baby and maternity products industry - Canara HSBC OBC Life Insurance introduces “Grief support program” - analytica Anacon India and India Lab Expo debuts in Mumbai - Doubling Farm Income in Castor, SEA Shows The Way - Success is Guaranteed with Team Work” says Kiran More while inaugurating ‘AVA Premier League - Union Commerce Minister Suresh Prabhu urges Export Promotion Councils such as CHEMEXCIL to act like think tanks to help exporters to develop macro strategy for increasing exports! - UBM India’s Children, Baby Maternity Expo 2018 readies itself to match high industry expectations - MTDC associates with Global Vipassana Pagoda in Gorai to create Spiritual Buddhist Circuits and promote wellness tourism - Maharashtra to promote itself as Medical and Wellness Tourism Destination at Arabian Travel Market 2018 - UBM India commences the third edition of RenewX in Hyderabad - The All India Gem & Jewellery Domestic Council (GJC) sets the 2025 Growth Vision for India’s gems & jewellery sector at Manthan Gems & Jewellery Conclave 2018 - EOW action is strangling a listed entity : 63 moons - Mumbai to host analytica Anacon India and India Lab Expo in April 2018 - UBM India announces the maiden edition of The Chennai Jewellery and Gem Fair - NASSCOM CoE (IoT) to co-organize “THE AEONIAN 2018” - Malabar Gold & Diamonds signs up Miss World Manushi Chhillar as Brand Ambassador - Kokuyo Camlin & Yash Raj Films felicitate winners at KidZania - Over 150 Exhibitors to Showcase at the third edition of RenewX in Hyderabad - LANXESS improves the performance of its plastic metal hybrid technology - “LANXESS posts record earnings for 2017 and a good start to the new fiscal year” - GJIIE 2018 gets underway in Chennai paves way for abundance opportunities - Ryan Global School Celebrates it’s Annual Day with “The Quest for Happiness” - Almond Board of California hosted a Panel Discussion on Working Mother’s Dilemma in Ensuring Family Health - CBI COURT DISCHARGES MR. VIRENDRA D. MHAISKAR, CMD, IRB INFRASTRUCTURE DEVELOPERS LTD AND OTHER COMPANY OFFICIALS FROM ALL CHARGES FRAMED BY CBI - Brigade Group Leading Real Estate Developers headquartered in Bangalore Unveils the Brigade Financial Centre at GIFT City - Shriram General Insurance issues more than 40,000 policies a month via mobile app, M- Nova - GJC announces Manthan Gems & Jewellery Conclave 2018 on April 5- 6, 2018 - Samarth Bank Brand Ambassador Kedar Jadhav inaugurated the banks 25th Branch in Dadar - Thomas Cook India Launches Hello Series-a One Week Getaway featuring a single standalone destination as its weekend Grand Holiday Carnival - LANXESS India showcases its latest innovations for paint and coating industry - Bosch Power Tools launches it’s first-ever ‘Service on Wheels’ initiative in India - Triumph Motorcycles India launches the All-New TIGER 800 XCX and XR line-up - Over 600 entries confirmed for Rs 50 lakh Mr India Championships - Chief Minister of Maharashtra, Shri. Devendra Fadnavis to grace the first ever ‘TATA Horn –Not – Ok – Please’ T20 Cup - S.S. Infrastructure Development Consultants Limited to launch IPO on EMERGE Platform of National Stock Exchange of India Limited on 28 March, 2018 Price band of Rs. 37/- to Rs. 40/- per Equity Share of Face value of Rs. 10/- each - New India Assurance launches Global Mediclaim Policy - MSCDA Collaborates with Medipta Solutions as a Technology Partner in Maharashtra - वास्तववादी व्यक्तींच्या कर्तृत्वाची जाणीव करुन देणारा पुरस्कार-किरण नगरकर - Lemon Tree Hotels Limited: Initial Public Offer/ Bid/ Offer Period to open on March 26, 2018* and to close on March 28, 2018 Price Band: Rs. 54 to Rs.56 per equity share each of face value Rs.10 - SME IPO of Benara Bearings & Pistons Limited to open on March 20, 2018 with price band of Rs 60 to Rs 63 per equity share of face value of Rs. 10 each - ICICI Securities Limited: Initial Public Offer to open on March 22, 2018 and to close on March 26, 2018 Price Band: Rs. 519 to Rs. 520 per Equity Share - Mishra Dhatu Nigam Limited’s (MIDHANI) IPO to open on Wednesday, March 21, 2018 with a price band of Rs. 87 to Rs. 90 per Equity Share - Ashwin Sheth Group and Sussanne Khan come together for a momentous partnership - Rahul Tekwani : Most Promising PR Person of the Year - Blue Star launches 40 new models of highly energy-efficient inverter split air conditioners, designed to deliver extraordinary benefits - Hindustan Aeronautics Limited: Initial Public Offering Bidding to open on March 16, 2018 and to close on March 20, 2018 with Price Band : Rs. 1,215 to Rs. 1,240 per Equity Share - Dhruv Consultancy Services Ltd announced initial public offer on BSE SME platform Fixed Price Issue Price Rs. 54/- per share with Face Value of Rs. 10/- per share - NaMo Bandra Blasters Vs. Shivaji Park Lions, Iyer, Khan lead Blasters to victory over Lions - Indian businesses must reap the benefits of Estonia’s ICT sector and e-governance services - Tissot, the renowned Swiss watch brand launched its new Boutique at Palladium Mall with Brand Ambassador Virat Kohli - Over 450 brands to showcase at the 14th edition of Gem & Jewellery India International Exhibition (GJIIE) in Chennai - Sandhar Technologies Limited: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 19, 2018 and to close on March 21 - Grand Opening Ceremony for the T20 Mumbai League - BANDHAN BANK LIMITED: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 15, 2018 and to close on March 19, 2018 Price Band: Rs. 370 to Rs. 375 per Equity Share - Sarveshwar Foods SME IPO to open on March 5, Price Band fixed at Rs 83-85 - One platform for all electric solutions globally- ELECRAMA 2018 - OIL & GAS WORLD EXPO 2018 At Business Centre, CIDCO Exhibition Centre, Vashi, Navi Mumbai February 21-23, 2018 - Godrej Appliances sets new benchmark by launching India’s most power saving AC with 6.15 ISEER - Entrepreneurial couple celebrates daughter's birthday in a unique way. Starts self funded NGO – “NEW INDIA”; Commits Rs 200 crores for the underprivileged - NRI Software Professional Rajnish Bajpai speaks on his Vision and Perspective of making Indian villages modern with the concept of Smartgaon - Universal Robots Showcases ‘Cobots’ at AeroDef India 2018 - INDIA’ S ATOMIC ENERGY PROGRAMME NEEDS A BOOST AND THE SUBSIDY SIMILAR TO SOLAR POWER PLANTS SHOULD BE EXTENDED TO NUCLEAR SECTOR – ANIL KAKODKAR - UBM India and Bologna Fiere will launch COSMOPROF INDIA PREVIEW:The new event for the international beauty community - BAJAJ ALLIANZ LIFE LAUNCHES ONE-OF-ITS KIND ULIP WITH RETURN OF MORTALITY CHARGES - LANXESS “High-quality products for leather manufacturing” - Center of Power on the Move : West to East – BY SANDEEP DEWAN - Queens N Queens plans to promote Indian talent internationally with the launch of their beauty beauty pageant contest 2018 - Asia’s largest event on professional cleaning, Clean India Show along with Waste Technology Expo, Laundrex India Expo and Car Care expo, to be inaugurated by Dr Ranjit Patil, Minister of State, Home (Urban), Urban Development, Government Of Maharashtra - Tata Sky ties up with Ola Sunburn Festival 2017 - Tata Sky Beauty inspires women to discover their own definition of beauty - Prabhat Dairy Announces Entry into Dairy Beverage Segment
  Print Print |  E-mail

VLCC expands reach with beauty services at home | Announces acquisition of Vanity Cube

Screenshot_20170606_225410

•Extends its presence into the fast growing on-demand services segment

Mumbai, 06 June, 2017 By Sachin Murdeshwar (GNS) : VLCC, a globally renowned brand in beauty and wellness industry, today announced its acquisition of Vanity Cube, one of the earliest entrants in the beauty-services-at-home segment, signaling its foray into the fast growing ‘On-Demand Services’ sector. To be rebranded VLCC Vanity Cube, the company currently offers beauty services at home to its customers in Delhi-NCR and Mumbai.

Commenting on the acquisition, Mrs. Vandana Luthra, Founder, VLCC, said, “On-demand beauty services have a huge growth potential and will define the next level of disruption in the beauty and wellness industry. There is no clear market leader in the nascent on-demand beauty services space. VLCC, with its presence of over 250 wellness centers and salons in 120 cities across 11 countries as well as 76 skill development academies, through whose portals over 10,000 students pass out annually, will have a distinct edge over competition in this domain. With the addition of beauty on-demand to the existing range of services, VLCC will be able to further extend its reach and availability. The immediate plan is to scale up the operations of Vanity Cube beyond the current 2 cities to 10 cities over the next 18 months.”

Vanity Cube was established by Ms. Renu Bisht and Ms. Pragya Upadhyay in the year 2014. A key differentiator of the start-up has been its ability to deliver services within 90 minutes of booking an appointment. The company is currently operational in Delhi-NCR and Mumbai and has served over 50,000 customers till date, with 60% customers availing a repeat within 45 days of the first service. The company had earlier raised Series A funding from Unicorn Ventures and angel investors, who continue to be minority stakeholders in the company.

Being a leader in the Beauty & Wellness services segment, the foray into On-Demand Beauty Services is a natural progression for VLCC. Already, nearly 60% of the company’s revenue from its wellness centres in India comes from beauty treatments and services.

Commenting on the synergy between the two businesses, Ms. Renu Bisht, Co-Founder, Vanity Cube said, “We, at Vanity Cube, aspire to be the private stylists for each of our customers. We understand that beauty is personal to every individual and hence, we have always focused on delivering high quality services at competitive costs. With VLCC’s expertise, years of experience and scale of reach in beauty services, we will now be able to not only deliver an upgraded and expanded offering to our existing customer base, but also achieve our goal to be a pan-India operation.”

Ms. Pragya Upadhyay, Co-Founder, Vanity Cube added, “We are excited to be a part of the VLCC family. VLCC is a pioneer in the beauty and wellness industry and has always given utmost importance to service quality. We are confident that VLCC Vanity Cube will soon be a preferred brand in the on-demand beauty services category across the country, and not just where we currently operate.”

The organized On-Demand Beauty Services market has gained good traction in the last couple of years, with numerous start-ups having mushroomed in this segment, and is estimated to be anywhere between US$ 2 billion – US$ 3 billion. In India, the industry is growing at a compounded rate of 18.6%, fuelled by affluent and middle class customers.

About VLCC Group

Founded by Mrs. Vandana Luthra as a beauty and slimming services centre in 1989, VLCC is today widely recognized for its comprehensive portfolio of beauty and wellness products and services and also enjoys a high level of consumer trust. The VLCC Group’s operations currently span 330 locations in over 150 cities and 14 countries across South Asia, South East Asia, the GCC Region and East Africa. This includes UAE, Saudi Arabia, Oman, Bahrain, Qatar, Kuwait, Kenya, India, Sri Lanka, Bangladesh, Nepal, Malaysia, Singapore and Thailand. VLCC:

• Manages one of the largest chains of Slimming, Beauty & Fitness centers across Asia;

• Runs one of Asia’s largest network of skill development institutes in Beauty & Nutrition;

• Manufactures in Switzerland and the GMP certified company owned plants in India and Singapore, a comprehensive range of over 250 skin-care, hair-care and body-care products as well as nutraceuticals and functional/ fortified foodsunder the VLCC Natural Sciences™, Skin MTX™, Bellewave™, Enavose™, VLCC Slimmer’s ™, VLCC Shape Up™, and SPECIFIX™ brands and sells them in over 20 countries worldwide.
ENDS.