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Refit
DealRefurbished Phones
Season 3, Episode 22“Impressive Numbers and High Stakes”20-Feb-24Delhi, DelhiElectronics
Pitcher Details
Business Metrics
Yearly Revenue
₹18,700L
Monthly Sales
₹3,500L
Gross Margin
14%
The Ask
₹200L
for 0.5% equity
Implied valuation: ₹40,000L
The Deal
₹200L
for 1% equity
Deal valuation: ₹20,000L
+0.0% vs ask amount
Equity changed by +0.5%
Shark Investments (3 sharks)
Investment
₹66.66L
Equity
0.33%
Investment
₹66.66L
Equity
0.33%
Investment
₹66.66L
Equity
0.33%
Additional Details
Pitch #
386
Season
22-Jan-24 – 31-Mar-24
Sharks in Deal
3
Deal Conditions
No
Royalty
1%
Bootstrapped
Yes
Has Patents
No
