Business Overview
- Business specializing in women's footwear, located in New Delhi.
- Offering a range of products including sneakers, slip-ons, sliders, jane platforms, and bridal footwear.
- Products are procured through contract manufacturing and majorly sold through own website.
- Business has experienced significant growth in annual turnovers, especially after getting MCA registration and establishing a presence on online marketplaces such as Nykaa and Myntra. Additionally, they are preparing to launch on Amazon and Ajio.
- The company receives an average of 800 orders per month, with an average order value of INR 2,800.
- Has MCA, MSME, and GST registrations.
- The business is not profitable yet due to the ongoing efforts to scale up the business.
Products & Services Overview
Women's footwear.
Product categories include sneakers, slip-ons, sliders, jane platforms and bridal footwear.
Top selling products are sneakers.
Majorly sold through its own website and recently launched on online marketplaces as well.
Capitalization Overview
Business is self-funded.
Received funding INR 35 lakhs from Shark Tank India.
Having outstanding debts.
There are 3 directors & 2 investors.
Assets Overview
Physical assets include inventory, office equipment, furniture etc.
Partial Stake Sale
USD
600 thousand
for
15.0%
stake
(Native Currency: INR 50,000,000)
Reason:
Seeking investment for scaling up of the business, expanding the sales, marketing channels and prese...
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Includes physical assets worth
USD
40 thousand
In talks with 1 Investor
Contact Business