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GenZ Fashion Trailblazers Strike Gold: All-Sharks' Deal Steals the Show on Shark Tank India

In the recent installment of Shark Tank India, the spotlight was on a dynamic duo representing a GenZ-inspired fashion brand. Rimjim and Partha, the co-founders, showcased their brand's evolution in just under two years. Partha shared her prior entrepreneurial journey, where despite leading a successful business for over a decade, unforeseen paperwork complications led to her exit. Undeterred, she teamed up with her husband to launch their current venture, which has since gained traction.

Their pitch commenced with a modest ask of 75 lakhs for a mere 1% equity stake in their company. As the conversation delved deeper, the co-founders elaborated on their brand ethos, emphasizing sustainability and delivering high-quality products at affordable prices. Their commitment to these principles piqued the interest of all the sharks.

The negotiation unfolded with Aman Gupta and Vineeta making initial offers, followed by probing questions from Amit Jain. Partha and Rimjhim astounded the panel by divulging their impressive profit margins and financial success. Amidst deliberation, Anupam and Amit presented a compelling joint offer of 75 lakhs for 1% equity.

In a surprising turn, Aman and Vineeta revised their offers to match the 75 lakhs for 1.5% equity proposal. However, the co-founders stunned everyone by opting for an 'all-sharks' deal, relinquishing more equity than initially intended. Ultimately, they secured a lucrative deal of 75 lakhs for a 2.5% stake in their flourishing enterprise.

This unprecedented move underscores the co-founders' prioritization of value over valuation, demonstrating their strategic decision-making and commitment to fostering strong partnerships. As they embark on the next phase of their journey, this 'all-sharks' alliance sets the stage for continued growth and innovation within the GenZ fashion realm.


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