Lea Clothing Co. Shark Tank India Season 3
Lea Clothing Co.
Lea is designed to celebrate and complement the skin that real women with real curves are in. Build an ethical closet with Lea, please! Lea was founded with the goal of creating a unique, sustainable fashion brand for the youth of India, one that would support women of all sizes and shapes in celebrating their bodies.
Founder of Lea Clothing Co.
The founders of Lea Clothing Co. Brand are Lavanya Aneja and Kriti Anjea, a mother-daughter entrepreneurial team.
Lea Clothing Co. Funding Round
Company Name | Lea Clothing Co. |
Shark Tank India Season | 3 |
Episode No | 51 |
Season No | 3 |
Brand | Lea Clothing Co. |
Idea | Clothing brand |
Original Ask | 1 Crores for 2% Equity |
Deal | 1 Crores for 4% Equity with 2% Royalty until 1.5 Crores is Recouped |
Invested By: | Namita Thapar, Vineeta Singh, Anupam Mittal and Azhar Iqubal |
Lea Clothing Co. set out to make a bold statement in the fashion industry by offering a range of clothing that seamlessly blended elegance with modernity. From chic everyday wear to statement pieces for special occasions, the brand aimed to cater to the diverse tastes and preferences of fashion-forward consumers. With a focus on quality craftsmanship and attention to detail, Lea Clothing Co. envisioned itself as a trailblazer in the world of fashion.
The Pitch:
With an original ask of 1 Crore for 2% equity, Lea Clothing Co. delivered a compelling pitch that showcased its passion for design and commitment to excellence. The founders shared their vision of creating a brand that celebrated individuality and self-expression through clothing. They highlighted the growing demand for premium quality and fashion-forward apparel and positioned Lea Clothing Co. as a brand that epitomized style, sophistication, and inclusivity.
The Deal:
The sharks were impressed by Lea Clothing Co.'s vision and potential for growth in the competitive fashion industry. After a round of negotiations, Namita Thapar, Vineeta Singh, Anupam Mittal, and Azhar Iqubal collectively offered a game-changing deal: 1 Crore for 4% equity, with an additional 2% royalty until 1.5 Crores is recouped. This strategic partnership not only provided Lea Clothing Co. with the necessary capital for expansion but also brought onboard a team of seasoned entrepreneurs with a wealth of experience and expertise.
Investors Behind Lea Clothing Co.
Namita Thapar, Vineeta Singh, Anupam Mittal and Azhar Iqubal: Namita Thapar, Vineeta Singh, Anupam Mittal, and Azhar Iqubal's investment in Lea Clothing Co. marked a significant milestone in the brand's journey towards success. With their backing, Lea Clothing Co. is well-positioned to scale its operations, expand its product line, and establish itself as a leader in the fashion industry. The infusion of funds and support from the investors will enable Lea Clothing Co. to realize its vision of empowering individuals to express themselves through fashion.
Conclusion:
Lea Clothing Co.'s triumphant pitch and groundbreaking deal on Shark Tank India Season 3, Episode 51, underscored the brand's potential to make a lasting impact in the world of fashion. As the brand continues to grow and evolve, it remains committed to pushing boundaries, inspiring confidence, and celebrating individuality through its stylish and inclusive designs. With the support of its visionary investors, Lea Clothing Co. is poised to fashion a future filled with success, style, and innovation.