Nimbarka

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Nimbarka
Nimbarka
Type Private Limited Company
Industry Cosmetic Consumer Goods
Founded 01-08-2017
Founder Mr. Jarnail Singh Banwait
HQ Location Mohali, Punjab, India
Area Served Global
Key People
  • Mr. Mohit Banwait (Co-founder & MD)
  • Ms. Tanvi Nagi (CEO)
Products Beauty and skin care products
Revenue 3 crore (FY 2023-2024)
Assets 1.5 crore
Owner
  • 50% - Mr. Jarnail Singh Banwait
  • 50% - Mr. Mohit Banwait
Num Employees 100
Parent Nimbarka Industries Private Limited


Nimbarka is a renowned private limited company operating in the cosmetic consumer goods industry. Established on August 1, 2017, by Mr. Jarnail Singh Banwait, the company has quickly emerged as a leader in natural skincare solutions, with its headquarters situated in Mohali, Punjab, India.

Overview

Nimbarka specializes in the production and distribution of beauty and skincare products, leveraging the power of natural ingredients, particularly Neem extracts. The company's product range includes facial cleansers, moisturizers, shampoos, body lotions, and various other skincare solutions, meticulously formulated to address specific skincare needs while promoting overall skin health and radiance.

Founding Principles

The foundation of Nimbarka is rooted in the fusion of traditional wisdom and modern scientific advancements. The brand is dedicated to offering high-quality skincare solutions that prioritize the well-being of its consumers.

Key Figures

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

Commitment to Quality and Sustainability

Nimbarka is distinguished by its unwavering commitment to quality, sustainability, and customer satisfaction. The company adheres to rigorous manufacturing standards to ensure the efficacy and safety of its products. Additionally, Nimbarka prioritizes environmental responsibility through sustainable sourcing practices and eco-friendly packaging initiatives.

Global Presence

Despite being headquartered in Mohali, Punjab, Nimbarka has a global presence, serving consumers in various markets worldwide. Through strategic partnerships and innovative marketing campaigns, the brand has successfully positioned itself as a frontrunner in the natural skincare segment.

Revenue and Ownership

In the fiscal year 2023-2024, Nimbarka reported a revenue of 3 crore, with assets valued at 1.5 crore. The ownership of the company is divided equally between Mr. Jarnail Singh Banwait and Mr. Mohit Banwait, each holding a 50% stake in the company.

Future Outlook

As consumer demand for natural and sustainable beauty products continues to rise, Nimbarka remains committed to innovation and excellence in skincare. With its vision for a healthier, more radiant future, the company is poised to shape the skincare industry for generations to come.

References

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