Investment Book

Romoni

Founders

Romoni is a tech-driven transformation of Bangladesh's home salon industry. Operating from its advanced centres in Dhaka and Chittagong, Romoni not only offers women top-notch, personalised services, but also empowers underprivileged service providers through innovative technology, ensuring that every appointment becomes a high-tech beauty experience with a purpose.

Inception year: 2019 Sector: Personal care/grooming services Fund raised: USD 309K

Awards

  •    Winner of the United Nations Fintech Women's Innovation Fund.
  •    Best Social Innovation Award by Bangladesh Innovation Conclave, 2019.
  •    'Startup with most Social Impact' from Seedstars World, 2019.
  •    Selected as one of the ten startups in the second cohort of Accelerating Asia.
  •    Winner of the B-Briddhi social impact enterprise fund.

Core products and services

  •    Quality beauty service at an affordable cost.
  •    Access to the authentic product.
  •    Assessment, skilled training, and access to growth finance for women entrepreneurs.

Upcoming Projects

  •    'Bridal Glamour' - Uniting Bangladesh's Premier Bridal Makeup Artists and Enthusiasts on a Pioneering Platform.
  •    Extending operations to Chittagong, Gazipur, Savar, and Narayanganj.
  •    Launching two physical beauty salon locations in Dhaka City.
  •    Additionally, the startup has plans to offer organic skincare products for sale.

Traction

  •    Provided jobs to more than 600+ women beauticians.
  •    Served 200,000+ services and 42,000+ unique customers.
  •    19% MoM growth, Profitable from December 2022.

Competitive advantage

  •    Unlike competitors, Romoni exclusively operates with an in-house team of skilled beauticians.
  •     Maintains a robust operational team with a complex yet effective model.
  •    Established partnerships with banks, facilitating access to bank loans for its service providers.
  •    Romoni's advanced and user-friendly app, website, and Romoni channel ordering system set the standard in the home salon industry.
  •    Maintaining the quality of the service by providing advanced training to the beauticians and curated products for all the services.

Notable competition

  •    Sheba XYZ

Impact

  •    Financial independence, 3X income growth for beauticians.
  •    Financial inclusion, access to bank loans at lower interest rates.
  •    Women empowerment.

Contact: info@romoni.com.bd

Comments

Romoni

Founders

Romoni is a tech-driven transformation of Bangladesh's home salon industry. Operating from its advanced centres in Dhaka and Chittagong, Romoni not only offers women top-notch, personalised services, but also empowers underprivileged service providers through innovative technology, ensuring that every appointment becomes a high-tech beauty experience with a purpose.

Inception year: 2019 Sector: Personal care/grooming services Fund raised: USD 309K

Awards

  •    Winner of the United Nations Fintech Women's Innovation Fund.
  •    Best Social Innovation Award by Bangladesh Innovation Conclave, 2019.
  •    'Startup with most Social Impact' from Seedstars World, 2019.
  •    Selected as one of the ten startups in the second cohort of Accelerating Asia.
  •    Winner of the B-Briddhi social impact enterprise fund.

Core products and services

  •    Quality beauty service at an affordable cost.
  •    Access to the authentic product.
  •    Assessment, skilled training, and access to growth finance for women entrepreneurs.

Upcoming Projects

  •    'Bridal Glamour' - Uniting Bangladesh's Premier Bridal Makeup Artists and Enthusiasts on a Pioneering Platform.
  •    Extending operations to Chittagong, Gazipur, Savar, and Narayanganj.
  •    Launching two physical beauty salon locations in Dhaka City.
  •    Additionally, the startup has plans to offer organic skincare products for sale.

Traction

  •    Provided jobs to more than 600+ women beauticians.
  •    Served 200,000+ services and 42,000+ unique customers.
  •    19% MoM growth, Profitable from December 2022.

Competitive advantage

  •    Unlike competitors, Romoni exclusively operates with an in-house team of skilled beauticians.
  •     Maintains a robust operational team with a complex yet effective model.
  •    Established partnerships with banks, facilitating access to bank loans for its service providers.
  •    Romoni's advanced and user-friendly app, website, and Romoni channel ordering system set the standard in the home salon industry.
  •    Maintaining the quality of the service by providing advanced training to the beauticians and curated products for all the services.

Notable competition

  •    Sheba XYZ

Impact

  •    Financial independence, 3X income growth for beauticians.
  •    Financial inclusion, access to bank loans at lower interest rates.
  •    Women empowerment.

Contact: info@romoni.com.bd

Comments

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