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AvataarSkincare
DealSkincare Services
Season 3, Episode 30“Startups Pursuing Investment”1-Mar-24Bhopal, Madhya PradeshBeauty/Fashion
Pitcher Details
Business Metrics
Monthly Sales
₹60L
Gross Margin
87%
The Ask
₹70L
for 1% equity
Implied valuation: ₹7,000L
The Deal
₹35L
for 0.5% equity + ₹35L debt
Deal valuation: ₹7,000L
-50.0% vs ask amount
Equity changed by -0.5%
Shark Investments (2 sharks)
Investment
₹17.5L
Equity
0.25%
Debt
₹17.5L
Investment
₹17.5L
Equity
0.25%
Debt
₹17.5L
Additional Details
Pitch #
409
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
2
Deal Conditions
No
Debt Interest
14%
Bootstrapped
No
Has Patents
No
