Brands
Winston India records five times revenue within 12 months of Shark Tank
Mumbai: Winston India, the innovative lifestyle brand has witnessed a remarkable five times increase in revenue and a phenomenal five times increase in both profit and sales after its appearance on Shark Tank. This outstanding success shows the brand’s commitment to excellence, strategic vision, and the invaluable mentorship received from industry leaders.
Following Winston India’s appearance on Shark Tank, the brand successfully expanded its platform presence to Vanity Wagon, Tata 1Mg, Jio Mart, Tira Beauty, Net Mets, Ajio, BlinkIt, and Cred. Additionally, there has been a substantial increase in customer base, surging from 15,000-20,000 customers to an impressive 100,000 customers. Notably, the trimmers and skincare category has emerged as the flagship segment, demonstrating unparalleled success as the most sold product within the Winston India product portfolio.
Winston India co-founder Himanshu Adhlaka expressed his excitement and gratitude for the incredible journey, stating, “The experience on Shark Tank and the subsequent growth have been nothing short of phenomenal. We are immensely grateful for the mentorship provided by Vineeta and Anupam, their guidance helped us strategise, plan, and network. They not only helped us with better industry insights but also suggested where we should invest, and where we should not. This has been instrumental in guiding us on the right path.”
Sugar Cosmetics and Investing Shark co-founder & CEO Vineeta Singh in Winston India further congratulates the team, stating, “Congratulations team Winston on one year since Shark Tank. It was amazing to collaborate with Winston India and bring the brand from 5 cr to 15 cr, and I am sure 100 cr is not far away. Good Luck!”
Shaadi.com founder and investing shark Anupam Mittal, Winston India congratulates the team, stating, “Congratulations Winston India on this epic journey from Shark Tank and beyond. We are very proud to see how much your brand has grown and can’t wait to see it dominate the personal care market in the country.”
Additionally, to celebrate this milestone and express gratitude to its loyal customers, Winston India is currently hosting the Winston Shark Tank Sale on its website (www.winstonindia.com) where customers can enjoy discounts of up to 70 per cent off on singles, up to Rs 4000 off on combos, and uncover unlimited hidden freebies.
Looking ahead, Winston India aims to enhance customer satisfaction, drive continuous product development and expand the brand’s presence in the dynamic e-commerce landscape. The brand is additionally looking forward to exclusive launches with prominent e-commerce portals, marking the next chapter in Winston India’s success story.
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
