D'chica Shark Tank India Season 3
D'chica
Popular children’s apparel company D’Chica is renowned for its eye-catching patterns, vivid colors, and cutting-edge styles. They have a large selection of dresses, shirts, bottoms, and hair accessories, among other clothing and accessories for girls. D’Chica is a go-to brand for stylish young girls because of its affordable, high-quality products that are adored by both parents and children.
Founder of Candidmen
It is true that Richa Kapila and Vani Chugh founded D’chica Fashion Lifestyle Pvt. Ltd. The company, which is based in India, was founded with the goal of offering young girls fashionable and reasonably priced apparel and accessories. D’Chica provides a large selection of items, such as clothes, shoes, hair accessories, and more, to meet the fashion demands of kids between the ages of 0 and 12. The brand’s colorful designs, premium materials, and dedication to client pleasure have helped it become more well-known.
D'chica Funding Round
Company Name | D’chica |
Shark Tank India Season | 3 |
Episode No | 22 |
Season No | 3 |
Brand | D’chica |
Idea | Celebrating the transition from adolescence to womanhood |
Original Ask | 80 Lakhs for 1% equity |
Deal | 80 Lakhs for 2% equity + 1% Royalty until 80 Lakhs is Recouped |
Invested By: | Namita thapar and Vineeta Singh |
At the heart of D'chica's pitch lay a dedication to empowering young women through celebration and self-expression. Their concept revolved around curating products and experiences that catered to the unique needs and interests of young women as they transitioned into womanhood. From curated gift boxes to experiential workshops, D'chica aimed to create memorable moments that celebrated milestones and fostered a sense of confidence and empowerment among young women.
The Pitch:
D'chica entered the tank with a vision to create meaningful experiences for young women as they transition into adulthood. Their pitch emphasized the importance of celebrating milestones and empowering young women to embrace their individuality and journey with confidence. D'chica aimed to achieve this through curated products and experiences that resonate with the target audience. With a commitment to empowering women and fostering self-confidence, D'chica sought to secure the investment needed to expand their offerings and reach a wider audience. Their initial ask of 80 lakhs for a 1% equity stake reflected their confidence in the value of their brand and its potential for growth.
The Deal:
Impressed by D'chica's heartfelt mission and the potential of their concept to make a meaningful impact on young women, Namita Thapar and Vineeta Singh saw an opportunity to invest in a venture with significant social resonance. They offered the full amount of 80 lakhs in exchange for a 2% equity stake, along with a 1% royalty until the initial investment was recouped. This strategic investment not only provided D'chica with the capital needed to expand their operations and reach a wider audience but also brought on board investors who shared their vision for empowering women and celebrating milestones.
Investors Behind D'chica
Namita thapar and Vineeta Singh: D'chica enthusiastically accepted Namita Thapar and Vineeta Singh's offer, marking a significant milestone in their journey to empower young women. With the backing of strategic investors who shared their passion for celebration and empowerment, D'chica was well-positioned to expand their product offerings, enhance their brand presence, and make a meaningful difference in the lives of young women across the country.
Conclusion:
The success of D'chica on Shark Tank India Season 3 highlights the importance of empowerment and celebration in the journey of womanhood. By creating curated products and experiences that resonate with young women, D'chica is poised to make a significant impact on self-confidence and empowerment. With the support of Namita Thapar and Vineeta Singh, D'chica is well-equipped to scale their operations and continue empowering young women to embrace their individuality with confidence and pride.