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Rubans
DealArtificial Jewellery Set Online
Season 2, Episode 48“Pitchers, Investments And Businesses”8-Mar-23Bangalore, KarnatakaBeauty/Fashion
Pitcher Details
Business Metrics
Yearly Revenue
₹5,100L
The Ask
₹150L
for 0.5% equity
Implied valuation: ₹30,000L
The Deal
₹100L
for 1% equity + ₹50L debt
Deal valuation: ₹10,000L
-33.3% vs ask amount
Equity changed by +0.5%
Shark Investments (3 sharks)
Investment
₹33.33L
Equity
0.333%
Debt
₹16.66L
Investment
₹33.33L
Equity
0.333%
Debt
₹16.66L
Investment
₹33.33L
Equity
0.333%
Debt
₹16.66L
Additional Details
Pitch #
307
Season
2-Jan-23 – 10-Mar-23
Sharks in Deal
3
Deal Conditions
No
Debt Interest
12%
Bootstrapped
No
Has Patents
No
