7 months ago
Shaily Mehrotra on Founders, Trust, and Scaling Fixderma
Shaily Mehrotra, who co-founded Fixderma and is a judge on Shark Tank India, talks about her journey from Varanasi to Stanford and how it shaped her ambition.
She explains that Fixderma, a skincare company, has been around for over 15 years and has built its reputation by focusing on science and earning the trust of dermatologists.
Mehrotra emphasizes the importance of honesty, clarity, and adaptability in founders.
She also shares that entrepreneurship is not always glamorous and involves a lot of hard work and sacrifices.
Fixderma is now valued at around ₹1,500 crore and is planning to expand to Eastern Europe.
Shaily Mehrotra, co-founder of Fixderma, joined Shark Tank India Season 5 as a new judge.
Fixderma was bootstrapped for 15 years and received funding from Lotus Herbals in 2021.
Mehrotra emphasizes the importance of honesty, clarity, and adaptability in founders.
Fixderma has built its reputation by focusing on science and earning the trust of dermatologists.
The company is now valued at around ₹1,500 crore and is planning to expand to Eastern Europe.
- Who
- Shaily Mehrotra, Co-founder of Fixderma and FCL, and judge on Shark Tank India Season 5
- What
- Shaily Mehrotra discusses her journey, the importance of founders, and the growth of Fixderma
- Where
- Fixderma's manufacturing unit is located in Neemrana, Rajasthan
- When
- Fixderma has been in business for over 15 years, with funding received in 2021
- Why
- Mehrotra believes in the importance of credibility, authenticity, and a science-first approach for long-term business success
Key facts
- Founder
- Shaily Mehrotra
- Brand
- Fixderma
- Years in Business
- 15+ years
- Dermatologist Prescriptions
- 15,000+
- Manufacturing Location
- Neemrana, Rajasthan
- Key Products
- Kairfoll (hair care), Hoopoe (baby care)
- Expansion Plans
- Eastern Europe
- Company Valuation
- ₹1,500 crore
- Funding
- Bootstrapped until 2020, funded by Lotus Herbals in 2021
Quotes
Shaily Mehrotra
Co-founder of Fixderma and FCL, and new shark on Shark Tank India Season 5
“But, moving to Stanford at 24 felt like someone suddenly widened my field of vision. Until then, I had ambition, but it was quiet, almost private. Stanford taught me that it’s okay to dream loudly. I saw people my age building things for the world with so much confidence. That changed something in me.”
livemint.com
“But, even today, I don’t wake up thinking about valuations. I wake up thinking about the next problem to solve. Maybe it’s because Fixderma grew brick by brick over 15 years, without noise. So even when people talk about scale now, I still see the journey more than the number.”
livemint.com
Sources
Fixderma co-founder Shaily Mehrotra’s message to young women: ‘You don’t have to be perfect’
‘Founders matter more than profits:’ Shaily Mehrotra names one trait she looks for on Shark Tank India | FE Exclusive
