Skip to main content
Toggle theme
Unlock full access
🇺🇸
🇮🇳
🇦🇺
🇧🇷
🇪🇬
All Sharks
Back to Deals
Deeva
Deal
Online Saree Platform
Season 3, Episode 36
“Designing Dreams”
11-Mar-24
Bangana, Himachal Pradesh
Beauty/Fashion
Pitcher Details
Gender
Male
Presenters
1
Average Age
Middle
Started In
2021
Anchor
Rahul Dua
Website
thedeeva.com
Business Metrics
Yearly Revenue
₹700L
Monthly Sales
₹58L
Gross Margin
60%
EBITDA
₹35L
The Ask
₹200L
for 4% equity
Implied valuation:
₹5,000L
The Deal
₹75L
for 6% equity + ₹125L debt
Deal valuation:
₹1,250L
-62.5% vs ask amount
Equity changed by
+2.0%
Shark Investments (3 sharks)
Aman Gupta
Investment
₹25L
Equity
2%
Debt
₹41.66L
Ritesh Agarwal
Investment
₹25L
Equity
2%
Debt
₹41.66L
Radhika Gupta
Investment
₹25L
Equity
2%
Debt
₹41.66L
Additional Details
Pitch #
428
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
3
Deal Conditions
No
Debt Interest
10%
Bootstrapped
No
Has Patents
No
Panel Composition
Namita
Vineeta
Anupam
Aman
Peyush
Ritesh
Amit
Radhika Gupta (Guest)