Syona Cosmetics to ramp up operations with Chennai Angels investment

India-based Syona Cosmetics will receive undisclosed amount of investment from a network of private angel investors, The Chennai Angels (TCA).

The beauty products start up provides beauty products under Estrella Professional brand, as well as training to salons and spas across the region.

The proposed investment will be used to ramp up Syona’s operations in South India.

Syona is also exploring plans to enter into retail segment with new concepts and solutions.

Commenting on the investment, TCA member Arun Kumar said: "Syona Cosmetics fits perfectly into the skin and hair care segment in the rapidly growing beauty salon chain market in India.

"We believe that product superiority based on research and focus on training beauticians in salons will give it an edge in the salon space. We at TCA are excited to be in this INR25bn ($393.5m) beauty salon segment."

Syona Cosmetics co-founder Raja Varatharaju said: "Our focus has been to be a leading salon care specialist by providing world-class products, services and training to salons and estheticians.

"In the past 2 years of launch, we have trained more than 4000+ estheticians on the use of our products and we believe in empowering & educating the community to be able to administer complex solutions to make end customers achieve the results they want."