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CandidMen
DealFashion Rental Platform for Men
Season 3, Episode 28“Navigating The Tank With New Ideas”28-Feb-24Bangalore, KarnatakaBeauty/Fashion
Pitcher Details
Business Metrics
Yearly Revenue
₹210L
EBITDA
₹33L
The Ask
₹60L
for 2% equity
Implied valuation: ₹3,000L
The Deal
₹60L
for 5% equity
Deal valuation: ₹1,200L
+0.0% vs ask amount
Equity changed by +3.0%
Shark Investments (2 sharks)
Investment
₹30L
Equity
2.5%
Investment
₹30L
Equity
2.5%
Additional Details
Pitch #
404
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
2
Deal Conditions
Yes
Bootstrapped
Yes
Has Patents
No
