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- Shark Tank India Star Be U Natural Salon Plans 25 Punjab Salons
Be U Natural Salon chain has marked its appearance in Panchkula Sector 20 in Haryana. A special-purpose vehicle (SPV) will be used by the salon chain for the opening of 25 salons in the next 24 months, covering Panchkula, Mohali, and Chandigarh along the entire Punjab.
Delhi-based entrepreneur and Shark Tank India spotlight, Deepak Sharma owns multiple salons in Delhi, Ghaziabad, Lucknow, Kanpur, and Faizabad. The show also witnessed the business goals and aspirations of the man.
"The man emphasized his salon’s focus on affordability, making high-quality salon experiences more attainable for a broader customer base. He also talked about his perspective on employee retention and attrition, explaining how they hire individuals from lower middle-class families who are then provided with proper training to support themselves and their families. “This way, our love and support in their training help their families. Hence, they don’t leave us,” Deepak said.
The founder of the salon also revealed his succession plan and how he trains people to be leaders. He also spoke about his aim to become the second-largest self-owned salon chain in India very soon and how he is planning to expand his business in other cities.
Deepak Sharma entered the show seeking an investment of Rs 60 lakh in exchange for 2.5 percent equity in his company. However, the direct deal was not done, Deepak shared his enriching experience.
"I am a small businessman. Being featured on Shark Tank India and then receiving all the love from the people—reading the comments on YouTube, Instagram, Reddit—I can’t thank you all enough. I hope to live up to the expectations,” Sharma said.