The Rise of the Celebrity Co-Founder: A New Era in Indian Retail

The Rise of the Celebrity Co-Founder: A New Era in Indian Retail

How India’s Retail Game is now about celebrity equity and skin in the game

By Nandini Banerjee, Managing Editor

Jun 09, 2025 / 33 MIN READ

When a single Instagram post can tip the scales of consumer sentiment, it’s no longer about putting a famous face on a billboard. Celebrity collaborations have shifted from transactional endorsements to strategic brand partnerships. Today, it's about resonance — between the celebrity and the brand, the product and the audience, the story and the truth it tells.

But navigating the celebrity-brand equation is anything but straightforward.

“The consumer today isn’t buying a face—they’re buying a belief,” says Pallavi Barman, Founder, LAP Ventures. “If the collaboration feels staged or forced, it backfires. If it’s genuine, it sells.”

The Rise of the Celebrity Co-Creator

When Ricky Vasandani, CEO of Solitario Lab-Grown Diamonds, met actor Vivek Oberoi by chance, he didn’t walk away with a photo op—he walked away with a business partner.

“There was no formal plan. We connected, we spoke, and I realized he’s not just a celebrity—he's a businessman with insight,” Vasandani recalls. “It wasn’t about having him smile for a campaign. It was about how he could help shape the company’s future.”

Since then, Solitario has grown from a single store to a presence in 21 cities. The growth wasn’t just fuelled by Oberoi’s popularity but by how seamlessly he aligned with the brand’s mission to promote ethical, lab-grown diamonds.

It’s that alignment—the shared values, mutual investment, and long-term vision—that marks a new era of celebrity engagement. It isn’t a shoot day. It’s a seat at the table.

A Celebrity's Stake in the Game

Gone are the days when brands wrote cheques and celebrities showed up for the camera. Now, the most meaningful partnerships often involve equity and long-term commitment.

Sushruti Krishna, Co-Founder of Saaki, built her women’s Indian workwear label with actor Samantha Ruth Prabhu not as a mascot but as a partner.

“We didn’t want a three-month endorsement deal. That’s not how brands are built. Samantha came in as a co-founder. She was involved in everything—from branding strategy to product insights,” says Krishna.

This shift is rooted in changing celebrity aspirations too. “Celebrities now want to build legacies beyond film and fame. They want to be seen as tastemakers, business builders, and changemakers,” she explains.

Why Brand and Celebrity Must Mirror Each Other

Rishi Dewan, Co-Founder of healthy snacking brand Twiddles, partnered with cricketer Yuvraj Singh not because of his fame, but because of shared values.

“Yuvraj knows food. He knows nutrition. He’s fearless in trying new things. We were working on a walnut spread that many people said wouldn’t work. He believed in it,” Dewan shares.

For emerging brands, such belief is more than a confidence boost—it’s credibility. “An athlete backing a nutrition-first snack brand makes sense. The consumer sees that and trusts it,” he adds.

But Dewan also makes a critical point about fit: “When you're small and scrappy, you can't afford misalignment. You need someone who understands what it means to build, not just lend their name.” He compares it to relationships: “Established brands do arranged marriages. Startups need love stories. There has to be chemistry.”

The Consumer Has Changed. So Must Collaborations.

As brands evolve, so do consumers. Today’s audience isn’t passive. They investigate, compare, comment—and call out inconsistencies in real-time.

“Consumers now Google everything. They’ll fact-check your ad within minutes,” Dewan says. “If your celeb says they’re vegan and you show them eating meat in a campaign, it’s over.”

Dhruv Aggarwal, Partner at Bain & Company, outlines three major shifts in this space:

  1. Influencer Hierarchies: “There’s no one-size-fits-all. From A-list celebrities to micro-influencers, brands are rethinking who drives what across the funnel.”

  2. Performance-Driven Partnerships: “Celebrities are now part of the business machinery. Many demand equity or performance-based pay because they’re contributing real value.”

  3. Multichannel Storytelling: “It’s not about a single TVC anymore. Consumers see your celebrity talking about the product across stories, reels, YouTube, and even WhatsApp forwards. The messaging needs to hold everywhere.”

The game has changed, and brands need to be agile.

Authenticity as Currency

“Authenticity is what sustains the story,” says Pallavi Barman, who has worked closely with celebrities across fashion and wellness. She draws on her experience with House of Pataudi, a brand co-created with Saif Ali Khan. Saif has no social media presence, yet the brand thrives.

“Saif doesn’t need to post weekly about the brand. The story isn’t just his. It’s his legacy. That’s what we built the brand on,” Barman explains.

Similarly, she points to HRX, built around Hrithik Roshan’s fitness ideology. “Sometimes Hrithik himself says he aspires to live up to HRX. That’s the difference—he’s not just endorsing it. He embodies it.”

For Barman, success lies in integrating the brand into the celebrity’s life—not the other way around.

When the Persona Becomes a Problem

Of course, celebrity associations carry risk. When the face of the brand faces personal controversy, the fallout is shared.

“This is why storytelling matters,” says Barman. “The celebrity can be a starting point, but the brand needs its own narrative. If the entire identity is anchored to a person, one scandal can undo years of effort.”

Sushruti Krishna echoes this. “Samantha’s public image aligns with Saaki. But the brand has to go beyond that. Our shift from ethnic to Indian workwear wasn’t about her—it was about what our customers needed.”

This evolution is key. Celebrities may open doors, but product, strategy, and consumer understanding keep the brand standing.

Budget or Belief: What Really Wins the Partnership?

A big name doesn’t come cheap. But a big budget doesn’t guarantee results either.

“Puma’s Rs 300 crore deal didn’t move the needle,” Dewan points out. “Money doesn’t buy fit. Story does.”

His approach? Share your vision. Tell your story. “When a celebrity sees your potential and values your mission, they’ll come on board—even if the money isn’t massive. They become believers, not just promoters.”

Building Beyond the Celebrity

What happens when the celebrity steps back? Can the brand stand on its own?

That’s the real litmus test.

It’s why founders emphasizes shared DNA, mutual respect, and long-term thinking. Whether it’s Solitario’s expansion, Saaki’s rebranding, or Twiddles’ daring product innovation—celebrity involvement is an amplifier, not a substitute for strategy.

“The goal,” as Pallavi puts it, “is to build a brand that people trust—whether or not the celebrity is in the frame.”

The New Rules of Celebrity Collaboration

In today’s marketplace, celebrity collaborations are a high-risk, high-reward strategy. Get it right, and you unlock reach, trust, and cultural relevance. Get it wrong, and you're stuck with a costly campaign that alienates more than it attracts.

From accidental partnerships to deeply intentional ones, from short-term stunts to long-term brand building—the spectrum is wide. But the essentials remain the same:

  • Fit matters more than fame.

  • Equity trumps endorsement.

  • Consumers want substance, not just star power.

  • And above all, stories sell—especially when they’re true.

What emerges across conversations is a consistent theme: celebrities are no longer appendages to a campaign. When done right, they become co-pilots—contributing to design, strategy, product, and culture.

But that only happens when brands stop chasing clout and start building alignment. As Barman says, "A consumer might love a celebrity, but if the product doesn't match the promise, that love turns into backlash."

The message to brands is clear: know your margins, know your message, and know your audience. And if you bring a celebrity into the mix, make sure they’re in for more than the camera flashes. Because today’s consumers aren’t just buying a product. They’re buying into the story.

Whether it’s Saif’s legacy, Samantha’s ambition, or Yuvraj’s grit, celebrity collaborations now live and die by the authenticity of their narrative.

When a single Instagram post can tip the scales of consumer sentiment, it’s no longer about putting a famous face on a billboard. Celebrity collaborations have shifted from transactional endorsements to strategic brand partnerships. Today, it's about resonance — between the celebrity and the brand, the product and the audience, the story and the truth it tells.

But navigating the celebrity-brand equation is anything but straightforward.

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