28 February 2025
The Shark Tank India Pitch:
Original Ask: ₹1.26 Cr for 1% equity (@ ₹126 Cr valuation)
Sales for FY 25 (till Nov): ₹13.5 Cr
EBITDA for FY 25 (till Nov): 12%
Angel Round in Oct: ₹6 Cr at ₹126 Cr valuation
Final Deal: ₹1.26 Cr for 1% + 0.5% royalty until ₹1.26 Cr is recouped by Namita & Ritesh.
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