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CultureCircle

Authentic and affordable sneaker collection

Deal

The pitch

Season / Episode: S4 E2
Aired: 7 Jan 2025
Industry: Beauty/Fashion
From: Gurugram, Haryana
Founded: 2023
Asked for: ₹1.2 Cr for 0.5%
Valuation asked: ₹240 Cr

The outcome

Deal: ₹3 Cr for 3%
Deal valuation: ₹100 Cr
Yearly revenue: —
Monthly sales: ₹44 L
Gross margin: —

Who invested

Ritesh₹1.5 Cr for 1.5%
Kunal Bahl₹1.5 Cr for 1.5%

Founders

Devansh Jain Nawal — Co-founder & CEO source
Ackshay Jain — Co-founder & COO source

Researched from public sources · checked 20 Aug 2026

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