Photo - Vase Creation
55294

Vase Creation

Malaysia
Market: Another
Stage of the project: Operating business

Date of last change: 12.12.2021
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Idea

Vase Creation is the S.E.A destination for clean formulation – the revolution of self-care & beauty products through Formulation & Digitalization.

Current Status

Seed funding stage.

With RM 4,000 capital with no liabilities, our company has been profitable since year 1, with our highest growth achieved, 1,459% in the first 2 years.

We aim to achieve 400% growth in the following year, with total 25 product SKUs.

Problem or Opportunity

As victims of eczema and dry skin, our team found either a very limited range of products suitable or very expensive in the market.

Another founder, first-hand experienced greenwashing marketing which caused an allergic reaction with difficulty in communicating the inconvenience with brands through any platform.

Solution (product or service)

With the personal experience and professional background by our very own founder-certified formula chemist with manufacturing background, we possess the understanding and qualification to develop the suitable quality formulation for sensitive skin, ensure our products are manufactured under Good Manufacturing Practice (GMP) and certified by the Ministry of Health Malaysia with high-quality plant-derived ingredients, by providing educational marketing and 2-way communication convenience on our multi-purpose e-marketplace – VaseStudio.com.

Business model

D2C (Official Website & Partner e-Commerce Platform)
B2B2C (Retail Partnerships)
B2B (Corporate Supply & Services)

Incubation/Acceleration programs accomplishment

◘ Alpha Startups Digital Accelerator (ASDA) 2021
◘ Fundraising Accelerator Programme 2021
◘ SAGAn Beauty & Healthcare Global Accelerator 2021
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Idea
Current Status
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Problem or Opportunity
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Finance
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Business model
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