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FastBeetle
Deal
Local courier and parcel service
Season 2, Episode 15
“Changing The Face Of Indian Entrepreneurship”
20-Jan-23
Srinagar, Jammu & Kashmir
Business Services
Pitcher Details
Gender
Male
Presenters
2
Average Age
Young
Started In
2019
Anchor
Rahul Dua
Website
www.fastbeetle.com
Business Metrics
Monthly Sales
₹25L
Gross Margin
54%
The Ask
₹90L
for 3% equity
Implied valuation:
₹3,000L
The Deal
₹90L
for 7.5% equity
Deal valuation:
₹1,200L
+0.0% vs ask amount
Equity changed by
+4.5%
Shark Investments (2 sharks)
Aman Gupta
Investment
₹45L
Equity
3.75%
Peyush Bansal
Investment
₹45L
Equity
3.75%
Additional Details
Pitch #
195
Season
2-Jan-23 – 10-Mar-23
Sharks in Deal
2
Deal Conditions
No
Bootstrapped
No
Has Patents
No
Panel Composition
Namita
Vineeta
Anupam
Aman
Peyush
Ritesh
Amit