Freakins Shark Tank India Review

Entrepreneur Name –  Puneet & Shaan

About the Entrepreneur –  The CEO of the company, Puneet Sehgal, hails from Mumbai, while the marketing operations and CMO, Shaan Shah, is from Ahmedabad and comes from a textile business background.

With the support of his family, Shaan and his uncle Sachin began gathering fabric and raw materials to create their own products.

Meanwhile, Puneet worked as the chief operating manager at Nykaa until he crossed paths with Shaan. Recognizing the potential of a partnership, the two decided to embark on a venture together.

LinkedIn Profiles

Brand NameFreakins
Brand Website-Freakins
Business CategoryDenim Brand
Company Valuation₹25 Crore
Equity Asked₹70 Lakhs for 1% Equity
Deal ClosedYes
Final Shark Tank Deal₹50 Lakhs for 2% Equity, 20% Debt @ 12% interest
Target City/Country-India
Product/ServicesDenim Apparel

About the Product – Freakins is a denim brand that prides itself on introducing a new collection of styles each week, catering to women of all body types and sizes.

As a brand focused on the GenZ demographic, they offer over 35 categories and an impressive 1500 styles to choose from.

Conclusion –

Puneet & Shaan asked for 1% Equity and ended up closing the Deal for 50 Lakhs for 2% Equity and 20% Debt @ 12% interest with Shark Vineeta.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bombay Closet Cleanse Shark Tank

Bombay Closet Cleanse Shark Tank India Episode Review

Shararat Shark Tank

Shararat Shark Tank India Episode Review

WhySoBlue Shark Tank

WhySoBlue Shark Tank India Episode Review