Footwear Company Investment Opportunity in Bangalore, India
World's first carbon neutral, plant-based sneaker startup. Backed by IIM K. Forbes top 20 startups.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Footwear |
| Locations | Bengaluru |
| Local Time | 1:57 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
100 thousand
for
2.0%
stake
(Native Currency: INR 9,000,000)
Reason: Pending orders, launch, and inventory creation for USA launch.
Interested to connect with advisors
Documents
DIPP Recognition
(1020.0 KB)
Pitch Deck
(2.3 MB)
Cover Image
(34.6 KB)
Product
(22.9 KB)
Plant-based footwear
(78.9 KB)
Emerging Startup Award TiE
(461.1 KB)
IEC
(62.0 KB)
ROC-Verification.pdf
(54.1 KB)
Business Overview
#1. Funded by IIM K.
# 2. Angel Investors from Google, Ciena, TATA, and ONGC.
#3. Presence in 4 countries.
#4. Top Emerging startup awards in 2023 by TiE Hyderabad.
#5. 90,000 pre-order interests during our beta phase.
#6. Awarded India's top innovative startup by Govt of India.
#7. Collaboration with IIT KGP, IIT BHU, and DCE.
#8. Made shoes for Tennis stars Maria Sharapova,
Novak Djokovic, Rohan Bopanna, Mahesh Bhupathi. Cricketers like Ravindra Jadeja, Shikhar Dhawan, and Mithali Raj.
#9. Have manufacturing collaboration with TATA Group, Addvance Pte in Portugal.
#10. Products will be sold through our own website, online marketplaces such as Myntra, YOOX, Lyst, MR PORTER, and Zalando, and through a distributor in UAE.
#11. A global collaboration from 6 countries and behind multi-million dollar startups like Fliflop and Vivobarefoot.
#12. The main target market is customers in the USA, Europe, and India and products will be priced between INR 895 to INR 5,000.
# 2. Angel Investors from Google, Ciena, TATA, and ONGC.
#3. Presence in 4 countries.
#4. Top Emerging startup awards in 2023 by TiE Hyderabad.
#5. 90,000 pre-order interests during our beta phase.
#6. Awarded India's top innovative startup by Govt of India.
#7. Collaboration with IIT KGP, IIT BHU, and DCE.
#8. Made shoes for Tennis stars Maria Sharapova,
Novak Djokovic, Rohan Bopanna, Mahesh Bhupathi. Cricketers like Ravindra Jadeja, Shikhar Dhawan, and Mithali Raj.
#9. Have manufacturing collaboration with TATA Group, Addvance Pte in Portugal.
#10. Products will be sold through our own website, online marketplaces such as Myntra, YOOX, Lyst, MR PORTER, and Zalando, and through a distributor in UAE.
#11. A global collaboration from 6 countries and behind multi-million dollar startups like Fliflop and Vivobarefoot.
#12. The main target market is customers in the USA, Europe, and India and products will be priced between INR 895 to INR 5,000.
Products & Services Overview
World's first Carbon-negative sneakers, apparel, accessories & equipment made entirely from plants.
Assets Overview
Business operates in an asset-light model and does not own any physical assets.Intangible assets:
1. Patent pending outsole - USA and India.
2. Patent pending insole - USA and India.
Facilities Overview
We operate at an asset-light model and do not have any facilities. Have collaborations with manufacturing units for production.
Capitalization Overview
1. Funded by IIM K & angel investors.2. 2 directors.
3. Founders hold 91% shares in the company.
4. Business does not have any debts or liabilities.
Recent Activity
-
Earlier than 15 daysEngineer, IT, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSales Manager, IT Services, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Engineering And Fabrication, Chennai, Individual Investor / Buyer connected with the Business
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