Back to Deals
TheStatePlate
DealDelicacies
Season 1, Episode 20“A Variety Of Ideas”14-Jan-22Bangalore,Kolkata, Karnataka,West BengalFood and Beverage
Pitcher Details
Gender
Mixed Team
Presenters
2
Average Age
Young
Started In
2020
Anchor
Rannvijay Singh
Website
thestateplate.comBusiness Metrics
Monthly Sales
₹40L
Gross Margin
34%
SKUs
400
The Ask
₹65L
for 2% equity
Implied valuation: ₹3,250L
The Deal
₹40L
for 3% equity + ₹25L debt
Deal valuation: ₹1,333L
-38.5% vs ask amount
Equity changed by +1.0%
Shark Investment (1 shark)
Investment
₹40L
Equity
3%
Debt
₹25L
Additional Details
Pitch #
63
Season
20-Dec-21 – 4-Feb-22
Sharks in Deal
1
Deal Conditions
No
Bootstrapped
No
Has Patents
No
