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Kibo
Deal
TrestleLabs Optical Character Recognition
Season 3, Episode 16
“Innovation At Every Step”
12-Feb-24
Faridabad,Ahmedabad, Haryana,Gujarat
Technology/Software
Pitcher Details
Gender
Couple
Presenters
2
Average Age
Middle
Started In
2019
Anchor
Rahul Dua
Website
www.trestlelabs.com
Business Metrics
Yearly Revenue
₹135L
Net Margin
30%
The Ask
₹60L
for 1% equity
Implied valuation:
₹6,000L
The Deal
₹60L
for 6% equity
Deal valuation:
₹1,000L
+0.0% vs ask amount
Equity changed by
+5.0%
Shark Investments (2 sharks)
Peyush Bansal
Investment
₹30L
Equity
3%
Ronnie Screwvala
Investment
₹30L
Equity
3%
Additional Details
Pitch #
369
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
2
Deal Conditions
No
Bootstrapped
No
Has Patents
Yes
Panel Composition
Namita
Vineeta
Anupam
Aman
Peyush
Ritesh
Amit