Littlebox Shark Tank India Season 3
Littlebox
“Littlebox is developing a digitized supply chain that informs factories about which styles are in demand. This allows them to leverage data-driven purchasing, merchandising, and marketing techniques to create the ideal flywheel of great selection and excellent prices.
Founder of Littlebox
Rimjim Deka and Partha Kakati established Little Box in 2022. Their offices are located in Gauhati Assam and Delhi NCR, respectively.
Littlebox Funding Round
Company Name | Littlebox |
Shark Tank India Season | 3 |
Episode No | 35 |
Season No | 3 |
Brand | Littlebox |
Idea | online fashion |
Original Ask | 75 Lakhs for 1% equity |
Deal | 75 Lakhs for 2.5% equity |
Invested By: | Aman Gupta, Amit Jain, Anupam Mittal, Namita Thapat and Vineeta Singh |
At the core of Littlebox's pitch was a commitment to delivering unique and memorable fashion experiences that went beyond traditional online shopping. By leveraging data analytics, artificial intelligence, and expert curation, Littlebox aimed to provide customers with a personalized and immersive shopping experience that catered to their individual style preferences, body types, and fashion aspirations. Through strategic partnerships with leading brands and designers, Littlebox curated a diverse range of fashion collections that reflected the latest trends and catered to diverse tastes.
The Pitch:
Littlebox entered the tank with a bold vision to revolutionize the online fashion landscape by offering curated fashion experiences tailored to individual tastes and preferences. Their idea was to provide customers with a personalized shopping journey, where they could discover new styles, trends, and brands curated by fashion experts. With an original ask of 75 Lakhs for 1% equity, Littlebox sought investment to scale its operations, enhance its technology platform, and reach a wider audience of fashion-forward consumers.
The Deal:
Littlebox's innovative approach to online fashion resonated with the sharks, who recognized the brand's potential to disrupt the industry and capture a significant market share. Impressed by Littlebox's vision, strategy, and team, the sharks eagerly competed to invest in the promising venture. Ultimately, Littlebox secured a lucrative deal of 75 Lakhs for 2.5% equity, with a syndicate of investors including Aman Gupta, Amit Jain, Anupam Mittal, Namita Thapat, and Vineeta Singh. The partnership provided Littlebox with the necessary capital, expertise, and network to accelerate its growth and establish itself as a leader in the competitive online fashion market.
Investors Behind Littlebox
Aman Gupta, Amit Jain, Anupam Mittal, Namita Thapat and Vineeta Singh: With the support of its esteemed investors, Littlebox embarked on an exciting journey of growth and expansion, leveraging the capital infusion to enhance its technology platform, expand its product offerings, and strengthen its brand presence. The strategic partnership with industry veterans provided Littlebox with invaluable mentorship, guidance, and access to resources, enabling the brand to navigate challenges, seize opportunities, and achieve its ambitious goals. As Littlebox continued to innovate and evolve, it remained committed to delivering exceptional fashion experiences that empowered customers to express their individuality, confidence, and style.
Conclusion:
Littlebox's success story on Shark Tank India Season 3, Episode 35 showcased the brand's potential to disrupt the online fashion industry with its innovative approach to curated fashion experiences. By securing a lucrative deal with a syndicate of seasoned investors, Littlebox positioned itself for rapid growth and expansion, poised to capitalize on the burgeoning demand for personalized fashion solutions. As it continued to redefine online fashion, Littlebox remained dedicated to empowering customers to discover, express, and celebrate their unique sense of style, one curated box at a time.