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Episode 1

Farda Shark Tank India Season 1

by IndiaSuccessStories
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Farda Shark Tank India Season 1 Got 30 Lakhs Funding in Exchange of 20% Equity by Namita Thapar and Aman Gupta.

Farda Shark Tank India Season 1

Pitch no 33 with company details

Farda

Customized Indian brand Farda is well-known for its fashionable clothing and goods with distinctive designs. The consumer has the option to personalize that brand’s clothing to fit his wants.

Founder of Farda

A company called Farda creates trendy streetwear for the Gen-Z market. Sanskar Mishra and Chahat Pahuja co-founded it. Collectible oversize t-shirts, uptown dresses, patchwork jackets, and limited-edition jackets are among their product offerings.

Farda Funding Round

Company Name

Farda

Shark Tank India Season

1

Episode No

11

Season No

1

Brand

Farda

Idea

Customised Streetwear

Original Ask

30 lakhs for 10% equity

Deal

30 lakhs for 20% equity

Invested By:

Namita Thapar and Aman Gupta

At the heart of Farda's pitch lay a dedication to providing consumers with unique and personalized fashion choices. Their approach to streetwear involved collaborating with customers to design one-of-a-kind apparel pieces that reflected their individual style and personality. By combining high-quality materials with innovative design techniques, Farda sought to empower fashion enthusiasts to express themselves boldly through their clothing, standing out from the crowd with customized looks that spoke to their identity.

The Pitch:

Farda stepped into the tank with a vision to redefine streetwear through customization. Their pitch emphasized the growing demand for personalized fashion and highlighted how Farda could cater to this trend by offering custom-designed apparel. With a commitment to quality craftsmanship and individual expression, Farda aimed to capture the attention of the Sharks and secure the investment needed to expand their offerings and reach a wider audience. Their initial ask of 30 lakhs for a 10% equity stake reflected their confidence in the value of their brand and its potential for growth.

The Deal:

Impressed by Farda's innovative concept and the potential of personalized streetwear to disrupt the fashion industry, Namita Thapar and Aman Gupta saw an opportunity to invest in a brand at the forefront of fashion innovation. They offered the full amount of 30 lakhs in exchange for a 20% equity stake, effectively valuing the company at 1.5 crores. This strategic investment not only provided Farda with the capital needed to scale their operations but also brought on board seasoned investors whose expertise and industry knowledge would prove invaluable as they navigated the competitive world of fashion.

Investors Behind Farda

Namita Thapar and Aman Gupta: Farda enthusiastically accepted Namita Thapar and Aman Gupta's offer, marking a significant milestone in their journey to redefine streetwear for the fashion-forward consumer. With the backing of strategic investors who shared their vision for customization and individual expression, Farda was well-positioned to expand their product line, enhance their brand presence, and solidify their position as leaders in the personalized fashion space.

Conclusion:

The success of Farda on Shark Tank India Season 1 underscores the importance of innovation and creativity in the fashion industry. By offering customized streetwear options that resonate with individual tastes and preferences, Farda is poised to make a significant impact on the way people approach fashion. With Namita Thapar and Aman Gupta's support and guidance, Farda is well-equipped to continue pushing the boundaries of customization, empowering consumers to express themselves authentically through their clothing choices and redefining the landscape of streetwear in India.

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