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Freakins
DealFashionable Denim Apparel
Season 2, Episode 33“Growing With India”15-Feb-23Mumbai, MaharashtraBeauty/Fashion
Pitcher Details
Business Metrics
Gross Margin
63%
The Ask
₹70L
for 1% equity
Implied valuation: ₹7,000L
The Deal
₹50L
for 2.5% equity + ₹20L debt
Deal valuation: ₹2,000L
-28.6% vs ask amount
Equity changed by +1.5%
Shark Investment (1 shark)
Investment
₹50L
Equity
2.5%
Debt
₹20L
Additional Details
Pitch #
255
Season
2-Jan-23 – 10-Mar-23
Sharks in Deal
1
Deal Conditions
Yes
Debt Interest
12%
Bootstrapped
No
Has Patents
No
