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WhySoBlue
DealClothing Brand
Season 3, Episode 43“Groundbreaking Ventures”20-Mar-24Mumbai, MaharashtraBeauty/Fashion
Pitcher Details
Business Metrics
Yearly Revenue
₹300L
Net Margin
10%
The Ask
₹75L
for 3% equity
Implied valuation: ₹2,500L
The Deal
₹40L
for 3% equity + ₹35L debt
Deal valuation: ₹1,333.333L
-46.7% vs ask amount
Shark Investment (1 shark)
Investment
₹40L
Equity
3%
Debt
₹35L
Additional Details
Pitch #
449
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
1
Deal Conditions
No
Debt Interest
10%
Bootstrapped
No
Has Patents
No
