Enterprise Together with KSC
lululab
India
Company Overview
LUMINI is an AI beauty solution that analyzes entire facial skin in a snap & recommends personalized cosmetic products
Sectors
- Retail-Tech, AI, Untact Service, Big Data
Project Summary
- AI Skin Analysis and Cosmetic Recommendation Solution
Business Model
- Revenue model Selling KIOSK & Monthly CRM
- Key Customer Clinics/Spas, H&B Store, Cosmetic Store, Oullets etc.
Major Performance
-
Sales
- 2018-$0.2M
- 2019-$0.35M
- 2020-$0.45M
- 2021-$3M
-
Investment
- 2020 Series B
- (Netmarble etc)
-
Employees
- 2019-23
- 2020-26
- 2021-36
-
Patent
- A portable skin condition measurement device and management system for skin condition diagnosis
- Module for skin condition measurement
Overseas Expansion
Stage
Entering overseas markets
Status
- Finalizing distributorship
- agreement in India, Malaysia & Croatia
Performance
- CES Innovation Awards for 3 consecutive years
- Launching of YourBeatyStore in UAE with Sharaf DG(biggest IT retailer)
Short-term goals in three years
- Sell 1000 units of Lumini KIOSK V2 in Indian market
- Sell US$100,000 of cosmetic products in Indian market
- Market Entry in EU and China
Products / Services
1
2
- Target Country
- India
- Date of Establishment
- May 07, 2017
-
- lululab@lulu-lab.com lululab@lulu-lab.com
-
- Website
- http://www.lulu-lab.com/ http://www.lulu-lab.com/
-
- Location
- Gangnam-gu, Seoul, Korea
-
- CEO
- YONGJOON CHOE
-
- Founder’s Background
-
- CEO of Lululab(2017~Currently)
- Samsung Electronics C-Lab Creative Leader(2016~2017)
- Cornell University-B.A Bio Engineering