Nimbarka

From ForbesBio
Nimbarka
Nimbarka
Founded August 1, 2017
Founder Jarnail Singh Banwait
Headquarters Mohali, Punjab, India
Key people
  • Jarnail Singh Banwait (Founder)
  • Mohit Banwait (Co-founder and Managing Director)
  • Tanvi Nagi (CEO)
Industry Cosmetic Consumer Goods
Products Natural skincare products, including facial cleansers, moisturizers, shampoos, and body lotions
Revenue ₹12 crore (2023-2024)
Assets ₹4 crore (2023-2024)
Website Nimbarka Official Website

Nimbarka is a prominent private limited company operating in the cosmetic consumer goods industry. It was established on August 1, 2017, by Jarnail Singh Banwait and has quickly risen to prominence in natural skincare solutions. The company is headquartered in Mohali, Punjab, India.

Overview

Nimbarka specializes in developing and distributing beauty and skincare products, harnessing the benefits of natural ingredients, particularly Neem extracts. Its product line includes facial cleansers, moisturizers, shampoos, body lotions, and various other skincare solutions tailored to specific needs, promoting skin health and radiance.

Founding Principles

Nimbarka was founded on the integration of traditional wisdom with modern scientific advancements. The brand is committed to delivering high-quality skincare solutions that prioritize consumer well-being.

Key Figures

Mr. Mohit Banwait serves as the Co-founder and Managing Director, while Ms. Tanvi Nagi holds the position of CEO. Under their leadership, Nimbarka has experienced significant growth and recognition within the beauty industry.

Commitment to Quality and Sustainability

Nimbarka distinguishes itself through its steadfast dedication to quality, sustainability, and customer satisfaction. The company adheres rigorously to manufacturing standards to ensure the effectiveness and safety of its products. Additionally, Nimbarka emphasizes environmental responsibility through sustainable sourcing and eco-friendly packaging initiatives.

Global Presence

Despite its base in Mohali, Punjab, Nimbarka has established a global footprint, catering to consumers in diverse international markets. Through strategic partnerships and innovative marketing approaches, the brand has positioned itself as a leader in the natural skincare segment.

Revenue and Ownership

In the fiscal year 2023-2024, Nimbarka reported revenues of ₹12 crore, with total assets valued at ₹4 crore. Ownership of the company is evenly split between Mr. Jarnail Singh Banwait and Mr. Mohit Banwait, each holding a 50% stake.

Future Outlook

As demand grows for natural and sustainable beauty products, Nimbarka remains committed to innovation and excellence in skincare. With a vision for a healthier, more radiant future, the company aims to influence the skincare industry for generations to come.

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