Candid Men Shark Tank India Season 3: Men’s Fashion is so underrated but not anymore because Candid Men has come up with the great idea to rent out men’s wear as a perfect solution for men’s fashion. Due to the same business model, there was a match-off round between Candid Men and Flyrobe that was quite interesting. To learn more about Candid Men Shark Tank India Season 3, stay tuned with us till the end.
Candid Men Shark Tank India Season 3
CandidMen is a men’s fashion wear rental retail brand that has perfect fashion solutions for men. The founders of CandidMen appeared on Shark Tank India Season 3 to promote their brand and raise some funds to grow their business. The interesting part was CadidMen Vs Flyrobe, who won the deal at Shark Tank India Season 3?
Candid Men was started in 2017 to make luxury fashion choices affordable for every man who loves to style themselves according to the event but is unable to purchase expensive clothes every time. Such sustainable cum luxury products can be easily rented at an affordable price.
CandidMen works on the Rent, Wear, and Return model. It has stores located in Delhi, Hyderabad, and Bangalore.
Founder Of Candid Men
Shweta Poddar is the Founder of Candid Men, a perfect solution for men’s fashion renting options. She also appeared on Shark Tank India Season 3 to promote her brand and raise funding to grow it at a fast pace.
Shweta completed her schooling at Bharathi Vidhya Bhavan, Thindal, and then enrolled at the Vellore Institute of Technology to pursue her Bachelor’s degree in Computer Science in 2008 which she completed in 2012. Right after completing her formal education, she joined Akamai as an engineer and worked for 1 year and 6 months. In January 2014, she joined HSBC as an Analyst in Business Consulting and left this company to start her own entrepreneurial journey with Candid Men in August 2017.
Meet: All the 12 Shark Tank India Season 3 Judges.
Candid Men Shark Tank Business Deal
Candid Men on Shark Tank India Season 3 episode aired on 28 February 2024. The founders of Candid Men presented their business model to the Sharks and asked for Rs 60 lakh in exchange for 2% equity. The first offer was given by Vineeta Singh which was Rs 60 lakh for 10% equity and another offer was given by Rs 60 Lakh for 5% equity.
The founders gave a counteroffer which was Rs 60 lakh for 3% equity. After discussion, Candid Men locked the deal with Vineeta Singh and Amit Jain which was Rs 60 lakh for 5% equity and 2% equity will be clawback when the business makes a 2 Crore profit this year.
Get Here: Every update about Shark Tank India Season 3 immediately.
Final Words
In this write-up, I have shared all the crucial details about Shweta Poddar Candid Men Shark Tank India Season 3 including the pitch, business, products, and founder. The founder of Candid Men has inspired a lot of women with her spirit and courage. She is a true entrepreneur with a vision.
Hope this Shweta Poddar Candid Men Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
Want To Know: How To Ask A Question On Shark Tank India S3
Follow Us: On Instagram to get some more interesting content about Shark Tank India Season 3 – @theinternetstud
FAQs
Who is the founder of Candid Men?
Shweta Poddar is the Founder of Candid Men, a perfect solution for men’s fashion renting options.
