A Early Revenue Marketplace and Startup in Fashion (Apparel, Fashion Technology, Footwear, Equipment and Accessories), Design (Industrial Design), Green Technology (Waste Management), Waste Management (Circular Fashion Tech) and Social Impact (Waste Management) from India is looking to raise funds
BUSINESS BRIEF
We are World's First Carbon Negative Sneaker brand that offers sustainable plant based products to customers worldwide. Our inventory less business minimizes the risk. The team which is spread across 18 countries is working on new materials and designs. In the preorder beta trial phase of 30 days, 1682 clients placed orders leading to revenue of roughly 160,000 USD. We have forecasted a growth trajectory of 150% YOY with presence in 10+ countries and a breakeven in 8 months. A strong pipeline of products is being developed in collaboration with IIT, SATRA, Intertek, Braskem and 30 more global partners. Every $1 spent in marketing. resulted in $160 in revenue in the beta phase. A healthy net profit of 15% and a lean organization structure with low burn rates ensures that we stay true to create a healthy and sustainable business.
Proposal
Capital Requirement
INR 4.875 Cr
Funding Status
I do not have any investment commitment
Horizontal Industry
Marketplace
Industry & Sub-Industry
Fashion/Lifestyle, Design, Green Technology, Energy & Sustainability, Social Impact (4)
Apparel, Fashion Technology, , Industrial Design, Waste Management,
Technology/Product/Service Offering
World's First Carbon Negative Sneaker, Plant based sneakers with 20+ Features. 10 Surface tested.
StartUp Stage
Early Revenue
Business Segment Type
B2B, B2C
End use of fund (in %)
Financial Information |
2018 (in Cr) | 2019 (in Cr) | 2020 (in Cr) | 2021 (in Cr) |
---|---|---|---|---|
Sales |
N.D | N.D | INR 1.125 Cr | INR 8.25 Cr |
EBITDA |
N.D | N.D | N.D | N.D |
PAT |
N.D | N.D | N.D | N.D |
TOTAL DEBT |
N.D | N.D | N.D | N.D |
Business Documents
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