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Deeva

Online Saree Platform

Deal

The pitch

Season / Episode: S3 E36
Aired: 11 Mar 2024
Industry: Beauty/Fashion
From: Bangana, Himachal Pradesh
Founded: 2021
Asked for: ₹2 Cr for 4%
Valuation asked: ₹50 Cr

The outcome

Deal: ₹75 L for 6%
Deal valuation: ₹12.5 Cr
Debt: ₹1.25 Cr
Yearly revenue: ₹7 Cr
Monthly sales: ₹58 L
Gross margin: 60%

Who invested

Aman₹25 L for 2% + ₹41.66 L debt
Ritesh₹25 L for 2% + ₹41.66 L debt
Radhika Gupta₹25 L for 2% + ₹41.66 L debt

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