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Bummer Shark Tank India Season 1

by IndiaSuccessStories
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Bummer Shark Tank India Season 1 Got 70 Lakhs Funding in Exchange of 7.5% Equity by Namita Thapar and Aman Gupta.

Bummer Shark Tank India Season 1

Pitch no 12 with company details

Bummer

The softest and most sustainable fabric ever created by humans was created by the Bummer team. Each pair of Cut & Stitch underwear weighs less than 60 grams, which is incredibly light! and delivered right to your trousers. Our aspirations only deepen with each support, drawing nearer to the goal of inner comfort.

Founder of Bummer

The CEO and founder, Sulay Lavsi, had an idea for a brand that embodied elegance and uniqueness in addition to comfort. The distinction of Bummer is seen in the materials it uses.

Bummer Funding Round

Company

Bummer

Shark Tank India Season

1

Episode No

12

Season No

1

Brand

Bummer

Idea

Underwear

Original Ask

75 lakhs for 4% equity

Deal

75 lakhs for 7.5% equity

Invested By:

Namita Thapar and Aman Gupta

 

At the core of Bummer's pitch was a dedication to reimagining the underwear experience. Their products were crafted from premium materials, meticulously designed to provide the perfect fit and support without compromising on style. Bummer sought to empower individuals to feel confident and comfortable in their own skin, starting with the foundation of their wardrobe.

The Pitch:

Bummer entered the tank with a bold proposition: to offer consumers underwear that combined unparalleled comfort with cutting-edge design. With an original ask of 75 lakhs for a 4% equity stake, Bummer aimed to capture a significant share of the underwear market by prioritizing both style and functionality.

The Deal:

Impressed by Bummer's vision and potential, Namita Thapar and Aman Gupta saw an opportunity to partner with a brand poised for success. They made a generous offer of 75 lakhs for a 7.5% equity stake, providing Bummer with not only the capital needed to scale their operations but also the strategic guidance and industry connections to thrive in a competitive market.

Investors Behind Bummer

Namita Thapar and Aman Gupta: Bummer enthusiastically accepted the offer from Namita Thapar and Aman Gupta, marking a significant milestone in their entrepreneurial journey. With the support of experienced investors and access to vital resources, Bummer was well-positioned to expand its product line, reach new customers, and solidify its position as a leader in the underwear industry.

Conclusion:

The success story of Bummer serves as a testament to the power of innovation and collaboration in entrepreneurship. As they continue to disrupt the underwear market with their stylish yet comfortable products, Bummer exemplifies the transformative impact of prioritizing both quality and design. With Namira Thapar and Aman Gupta as strategic partners, Bummer is poised for continued growth and success, leaving a lasting impression on both the fashion industry and consumers alike.

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