Founded by a brilliant female entrepreneur, BeautyHooked, an online platform to connect women with beauty services and online bookings at beauty salons, has secured a seed round from Fatima Ventures, a local seed-stage fund supported by Fatima Group. The seed fund amounts to $280,000 which is the first time ever in Pakistan to be achieved by a women-led startup.
Since its founding in 2015, BeautyHooked has been gaining tremendous traction, catering to a market based primarily in Lahore for now. The beautyHooked team is comprised of Sahr Said who is the face of the company, Sidra Talha, the head of operations and Abdullah Ahmed who has developed the entire technology of the company. After winning Startup Weekend Lahore in first place, the startup was offered incubation at LUMS Center for Entrepreneurship. Sahr attributes one of the success factors of her company to Startup Weekend Lahore for helping her find a team and to LUMS Center for Entrepreneurship for giving her idea the push it very much needed to kickstart and take her to the level she is at today.
Sahr Said, Founder and CEO of BeautyHooked, while commenting on the funding said, “We had investment offers from multiple investors but we went with Fatima Ventures because their strategic goals aligned with ours.” BeautyHooked being the first women-led startup to raise seed investment, Sahr commented that her vision is to empower women and while she did not have an example before her, she aims to be the light-bearer for others.
In addition to its plans to expand to other cities of Pakistan, BeautyHooked is also gaining traction internationally where a huge Qatari-corporate business has approached the business with plans for expansion in the Middle East.
BeautyHooked is an ecommerce platform that allows women to find, book and review beauty appointments at salons and spas. It acts as an aggregator between customers and beauty businesses, allowing them to search and book best beauty services 24/7. The company was founded by Sahr Said in 2015 and was a part of the third cohort of The Foundation at LUMS Center for Entrepreneurship. You can know more about BeautyHooked from their website: http://beautyhooked.com/ and Facebook: https://www.facebook.com/beautyhooked/ The founder, Sahr Said, can be reached at 0321-8235570 for further comments.
About LUMS Center for Entrepreneurship
LUMS Center for Entrepreneurship (LCE) is Pakistan’s most comprehensive experiential development platform for budding entrepreneurs that formalizes the process of scouting, grooming and facilitating passionate startup founders. Gust and Fundacity recently rated LCE the #1 accelerator in Pakistan and #11 in Asia. Since its inception in May 2014, LCE has mentored over 130 entrepreneurs who have created over 400 direct jobs and provided better economic and livelihood opportunities for thousands more. LCE graduates have already generated PKR 200 Million in revenues and are valued at PKR 1.5 Billion backed by approximately PKR 150 Million in investment capital by local and foreign investors. More about LCE at: https://lce.lums.edu.pk and http://www.facebook.com/lumscent and http://www.twitter.com/lumscent