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WhySoBlue

Clothing Brand

Deal

The pitch

Season / Episode: S3 E43
Aired: 20 Mar 2024
Industry: Beauty/Fashion
From: Mumbai, Maharashtra
Founded: 2015
Asked for: ₹75 L for 3%
Valuation asked: ₹25 Cr

The outcome

Deal: ₹40 L for 3%
Deal valuation: ₹13.33 Cr
Debt: ₹35 L
Yearly revenue: ₹3 Cr
Gross margin: —

Who invested

Ritesh₹40 L for 3% + ₹35 L debt

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