Candidmen Shark Tank India Season 3

by IndiaSuccessStories February 29, 2024

written by IndiaSuccessStories February 29, 2024 0 comment

Table of Contents

Candidmen Shark Tank India Season 3

Pitch no with company details

Candidmen

With the help of Candid guys, a high-end fashion rental business, guys may access and wear incredibly luxurious apparel without having to make a big investment.

Founder of Candidmen

Candid Men, the ideal option for men’s fashion rentals, was founded by Shweta Poddar.

Candidmen Funding Round

Company Name	Candidmen
Shark Tank India Season	3
Episode No	28
Season No	3
Brand	Candidmen
Idea	Fashion Rental Platform
Original Ask	60 Lakhs for 2% equity
Deal	60 Lakhs for 5% equity
Invested By:	Amit Jain and Vineeta Singh

At the core of Candidmen's pitch was a dedication to sustainability, affordability, and style. Their fashion rental platform aimed to address the environmental and financial concerns associated with fast fashion by promoting the reuse and sharing of high-quality garments. By providing customers with access to a rotating wardrobe of designer pieces at a fraction of the cost of ownership, Candidmen sought to democratize fashion and empower individuals to express their unique style without compromising on quality or conscience.

The Pitch:

Candidmen entered the tank with a bold vision: to disrupt the fashion landscape with their innovative fashion rental platform. Their idea was simple yet revolutionary - to offer customers access to a curated collection of designer clothing and accessories through a rental model. With an original ask of 60 Lakhs for 2% equity, Candidmen sought investment to scale their operations, expand their inventory, and enhance their platform to cater to a wider audience of fashion-forward consumers.

The Deal:

Impressed by Candidmen's innovative business model and commitment to sustainability, both Amit Jain and Vineeta Singh saw an opportunity to support a brand that was reshaping the fashion industry. They collectively offered 60 Lakhs for 5% equity, recognizing the potential for growth and impact that Candidmen represented. With their combined expertise and resources, Amit Jain and Vineeta Singh pledged to support Candidmen's expansion efforts and position the brand as a leader in the burgeoning fashion rental market.

Investors Behind Candidmen

Conclusion:

Candidmen's appearance on Shark Tank India Season 3, Episode 28 exemplified the power of innovation and entrepreneurship in driving positive change in the fashion industry. As they continue to expand their offerings and attract new customers, Candidmen is well-positioned to redefine the way people approach fashion consumption and inspire a more sustainable and inclusive future for the industry. With Amit Jain and Vineeta Singh as strategic partners, Candidmen is poised for success as they pave the way for a more conscious and stylish approach to dressing.

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Candidmen Shark Tank India Season 3

Candidmen

Founder of Candidmen

Candidmen Funding Round

The Pitch:

The Deal:

Investors Behind Candidmen

Conclusion:

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The Pitch:

The Deal:

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Conclusion:

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