1 week ago
Parul Gulati’s Mumbai Duplex Reflects Nish Hair’s Rise
Parul Gulati is an actor who also started a hair extensions company with her mother.
She began acting after being selected for a television show through Facebook.
She and her mother first made Nish Hair products in their living room.
They used an old sewing machine, which Gulati still keeps in her home.
The company later became much bigger and earned about Rs 34 crore in FY25.
Gulati’s Mumbai home shows both her personal style and her work life.
It has bedrooms, a projector room, a workspace and a large terrace.
She also owns hospitality properties in Goa and has appeared on television and reality shows.
Parul Gulati opened her 4 BHK Mumbai duplex to Archana Puran Singh, Parmeet Sethi and their sons.
Gulati and her mother started Nish Hair in their living room in 2017 using a sewing machine to make the first product.
Nish Hair was valued at around Rs 50 crore during Gulati’s appearance on Shark Tank India Season 2 in 2023.
The company’s revenue rose from around Rs 14 crore in FY24 to Rs 34 crore in FY25, with profit after tax of about Rs 8.4 crore.
The duplex includes workspaces, bedrooms, a projector room, a modern kitchen and a terrace used for parties, including one for Gulati’s dog Malik.
- Who
- Actor and entrepreneur Parul Gulati, her mother, and Nish Hair; the home tour was hosted for Archana Puran Singh, Parmeet Sethi and their sons.
- What
- Gulati showcased her 4 BHK duplex and discussed her journey from acting to building Nish Hair.
- Where
- Gulati’s duplex is in Mumbai; she also owns hospitality properties in Goa.
- When
- Nish Hair was launched in 2017; the company’s reported FY25 revenue was around Rs 34 crore, and the home tour was recently released.
- Why
- The home tour highlighted how Gulati’s living spaces and keepsakes reflect her acting career, business growth and family partnership.
Key facts
- Home
- A 4 BHK duplex in Mumbai with a terrace, work areas, bedrooms and a projector room.
- Business
- Nish Hair, a hair extensions brand founded by Parul Gulati and her mother in 2017.
- Early product-making
- The first Nish Hair product was made using a sewing machine kept in Gulati’s home.
- Reported valuation
- Nish Hair was valued at around Rs 50 crore when Gulati appeared on Shark Tank India Season 2 in 2023.
- Reported revenue
- Nish Hair’s revenue was around Rs 14 crore in FY24 and Rs 34 crore in FY25.
- Reported profit
- The company’s FY25 profit after tax was around Rs 8.4 crore.
- Other ventures
- Gulati owns Malkin Hostel and a two-bedroom villa in Nerul, Goa.
Quotes
Parul Gulati
Actor and entrepreneur who founded Nish Hair with her mother
“I got selected on Facebook. For a TV show. That’s how I came to Mumbai. So my mother came along and we stayed here. We didn’t go back. I started with acting. Then I started a hair business. Mummy and I did it together in a living room. Our house was nearby. We lived in 1BHK, then 2BHK, then 3BHK, then offices, then this house.”
indianexpress.com
“I like writing things down. So this bathroom mirror has this to-do list. It is a Rs 100 crore plan.”
indianexpress.com
Sources
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