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Syona Cosmetics, a Chennai-based start-up offering professional beauty products and training to beauty parlours and spas across South India, has announced that it has raised a second tranche of undisclosed angel funding from The Chennai Angels.
Right timing “This second tranche of angel funding has come at a crucial time.
“We are looking to hire key talent in the sales domain to join the management team.
“We will be intensifying our coverage in South India with these funds,” said Raja Varatharaju, founder, Managing Director and CEO, Syona Cosmetics.
The company is also gearing up to enter the hair and body categories in beauty products.
He said the company’s skin products had been well received by many leading beauty parlours and spas across the country. Syona now plans to launch its beauty products in the retail market.
Syona’s Estrella Skin and Hair Academy has trained more than 5,000 beauticians till date.
Founded by Raja Varatharaju and Anuradha Balasubramanian in 2012, Syona Cosmetics markets high-end professional cosmetics under its flagship brand Estrella Professional, which is empanelled with corporate chains such as YLG, Naturals and Limelight.
The company claims Estrella Professional is among the top three brands in the skin category in Tamil Nadu.
Syona has tied-up with laboratories in Europe to develop products in tune with global trends.
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