$150K Seed funding secured by O’2 Nails from Real Time Angle Fund, AIC-BIMTECH
The Real Time Angle Fund and AIC-BIMTECH-led seed round of investment for the nail care firm O’2 Nails India totalled $150K.
According to a news release from O’2 Nails India, the money raised will be used to offer revolutionary nail care products, great service, and agile nail art technology.
O’2 Nails India is a consumer and fashion retail firm in the nail care industry that was established in 2021 by Aparna and Vikram. Starting with nails, O’2 Nails has developed a distinctive and intriguing line of personal care and beauty care goods and services. The firm wants to provide consumers with outstanding customer service and access to cutting-edge nail care products.
The firm, O’2 Nails, has 30 outlets spread across 15 cities in India, serving 7 states, and intends to add more than 100 locations by FY24. The company hopes to increase its client base and retail footprint by 500% and 10X, respectively, year over year. At O’2 Nails India, 90% of the employees are women. Since it began, 1 million nails have been made to look glamorous.
O’2 Nails India asserts that its parent company Gold and Glitter Private Limited expanded in retail through the Digital Nail Art Boutique Chain in 2018 and is currently operational with ten boutiques in Delhi, Indore, Bhopal, Hyderabad, Bangalore, and Kanpur, serving more than 10,000 clients and making a sizeable profit.
