About Solastaa
Solastaa is a company based in Kalyan (India) founded in 2021 by Drishti Ramchandani. Solastaa has raised $215.54 thousand across 1 funding round from investors including Vinod Javahirlal Kakaria and Sandeep Kothari. The company has 1 employees. Solastaa operates in a competitive market with competitors including Naturals, YLG, Glam Studios, IHHR Hospitality and Lakme Salon, among others.
- Headquarter Kalyan, India
- Employees 1
- Founders Drishti Ramchandani
- Stage Minicorn
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website solastaa.com
- Social Facebook Instagram
- Legal Name Solastaa Hair & Skin Private Limited
- Date of Incorporation 05 Apr, 2021
- Jurisdiction Kalyan, Maharashtra, India
- Annual Revenue₹2.86 Cr
FY 2024 · +43% YoY
- Net Loss-₹1.47 Cr
FY 2024 · -51% margin
- EBITDA-₹1.09 Cr
FY 2024 · -38% margin
- Total Equity Funding$215.54K (USD)
in 1 rounds
- Latest Funding Round$215.54K (USD), Angel Round
Jun 2022
- Employee Count1
Associated legal entities of Solastaa
Solastaa operates through Solastaa Hair & Skin Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solastaa Hair & Skin Private Limited CIN U93090MH2021PTC358326 | Active | 05 Apr 2021 | Kalyan, Maharashtra | ₹2.9 Cr | – | 2 | View details |
Funding Insights of Solastaa
Solastaa has successfully raised a total of $215.54K through 1 strategic funding round. The most recent funding activity was a Angel Round of $215.54 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $215,536
- Total Rounds 1
- Last Round Angel Round — $215,536
- First Round $215,536
(Jun 2022)
- Investors Count 2
All 1 funding rounds of Solastaa with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $215,536 | Angel Round | $12.7M | Vinod Javahirlal Kakaria |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $12.7M | •••••••• |
Last known valuation $12.7M (Jun 2022). 2 investors in total: 0 institutional and 2 angel.
Investors in Solastaa
Solastaa has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Vinod Javahirlal Kakaria and Sandeep Kothari.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VJ Vinod Javahirlal Kakaria | - | – | unknown_656ab913a6724ff29 | - |
SK Sandeep Kothari | - | – | unknown_8ffae6d11bf74207b | - |
Investor details for Solastaa
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Solastaa Hair & Skin Private Limited (Solastaa)
Solastaa Hair & Skin Private Limited is the primary company behind Solastaa. The board of Solastaa Hair & Skin Private Limited currently have 2 directors; the longest-serving is Rinku Haryani, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rinku Haryani DIN 08121855 | Director | 05 Apr 2021 | 5 yrs 6 mo | Solastaa Hair & Skin Private Limited |
| Karan Suresh Jounkani DIN 10413929 | Director | 31 Jan 2025 | 1 yr 8 mo | Solastaa Hair & Skin Private Limited |
People of Solastaa
1 people are tracked at Solastaa (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Solastaa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Solastaa
Figures of Solastaa Hair & Skin Private Limited, the primary company behind Solastaa, for FY 2024. Revenue was ₹2.86 Cr (+43% year on year). Net loss was -₹1.47 Cr (-51% margin). EBITDA was -₹1.09 Cr (-38% margin).
- ₹2.86 CrRevenue · FY 2024 · +43% YoY
- -₹1.47 CrNet loss · -51% margin
- -₹1.09 CrEBITDA · -38% margin
- ₹10,170Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Solastaa Hair & Skin Private Limited are on its company page.
Detailed financial statements for Solastaa
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Solastaa
3 dated milestones of Solastaa across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Solastaa is founded.
- Funding First funding round of $216K.
- Milestone Reaches Minicorn status.
Competitors of Solastaa
Solastaa operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Naturals, YLG, Glam Studios, IHHR Hospitality and Lakme Salon, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| naturals.in | 2000 | Chennai, India | – | 300 | Beauty care services for hair, skin, and makeup are provided. | |
| ylgindia.com | 2008 | Bengaluru, India | $17.15M | 28 | Chain of salons with their own brand of beauty products | |
| glamstudios.in | 2016 | Noida, India | $732,470 | – | Salon appointments for beauty services are booked online by location. | |
| ihhrhospitality.com | 1979 | Delhi, India | $40M | 476 | Beauty and spa services are provided by IHHR Hospitality. | |
| lakmesalon.in | 1980 | Mumbai, India | – | 517 | Provides comprehensive skin care treatments through professional salon services. | |
| blown.co.in | 2017 | Bengaluru, India | – | 28 | Blown provides luxury haircuts, manicures, and beauty treatments in Bengaluru. |
Detailed competitors of Solastaa
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Solastaa
The website of Solastaa (solastaa.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 38.3% vs previous month
Similar companies to Solastaa
10 companies that operate in the same segment as Solastaa (Professional Consumer Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
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On-demand laundry, dry cleaning, and garment care services are provided. | 2015 | Seoul, South Korea | USD 23.75 M | – | – | |
Provider of veterinary services | 1999 | Diss, Norfolk, United Kingdom | – | USD 942.43 M | 8,820 | |
Hardware products are retailed through stores and online channels. | 1924 | Oak Brook, Illinois, United States | – | USD 516.88 M | 14,600 | |
Rollins, Inc. is engaged in providing pest control services worldwide. | 1948 | Atlanta, Georgia, United States | – | USD 3.76 B | 20,270 | |
Website access management solutions are provided to block bot traffic. | 1844 | Manchester, Greater Manchester, United Kingdom | USD 492.88 M | – | 70,000 | |
Car washing services are booked via an online subscription platform. | 2004 | Springdale, Arkansas, United States | USD 70 M | – | – | |
AI-powered healthcare solutions for Medicare beneficiaries are provided. | 2020 | New York, New York, United States | USD 167.16 M | – | – |
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Frequently Asked Questions about Solastaa
Solastaa was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Solastaa is headquartered in Kalyan, India. It is registered at Kalyan, Maharashtra, India.
Solastaa is a funded company, having raised a total of $215.54K across 1 funding round to date. The company's 1st funding round was a Angel Round of $215.54K, raised on Jun 2022.
Solastaa has 1 employees.
The primary company behind Solastaa, Solastaa Hair & Skin Private Limited, reported revenue of ₹2.86 Cr for FY 2024, up 43% year on year.
Solastaa was established in 2021 in Kalyan, India, focusing on the beauty services sector. Operations are centered in this location, where various beauty treatments and consultations are delivered to local clients. The company is led by founder Drishti Ramchandani. Services encompass standard beauty care procedures, with emphasis placed on accessibility within the Indian market. No expansions beyond the founding region have been noted.
Solastaa's top competitors include Naturals, Glam Studios and IHHR Hospitality.
Solastaa has 2 investors. Key investors include Vinod Javahirlal Kakaria, and Sandeep Kothari.
The valuation of Solastaa is $12.7M as of Jun 2022.
Solastaa operates through Solastaa Hair & Skin Private Limited.
The legal entities of Solastaa currently have 2 directors, including Karan Suresh Jounkani, Rinku Haryani.