Flyrobe Shark Tank India Season 3: People are moving toward a more sustainable lifestyle; thus, the taboo around renting out clothes is also breaking slowly. To give its pace and trust, Flyrobe has created unique and premium rental services online and offline to cater to you instantly. To learn more about Flyrobe Shark Tank India Season 3, stay tuned with us till the end.
Flyrobe Shark Tank India Season 3
Flyrobe is one of India’s largest fashion rental companies with both online and offline presence. The founder of Flyrobe presented her business model and products to the Sharks and they were all very impressed with what she has done. There was another brand with the same business named Candid Men. Due to the same businesses, a match-off round was conducted between both pitchers.
Flyrobe was acquired by Rent It Bae on 27 November 2019 and now it is the first and largest fashion rental company in India with an online presence in over 30+ cities and offline stores in Delhi, Bangalore, and Gurgaon. Rent It Bae was founded by Aanchal Saini in January 2016 which is now the parent company of Flyrobe.
At Flyrobe, you can rent out clothes for women in Western wear, ethnic wear, and other accessories. There are men renting options are also available.
Founder Of Rent It Bae
Aanchal Saini is the Co-Founder & CEO of Rent It Bae, a clothing rental retail brand in India. The founder also appeared on Shark Tank India Season 3 to promote her brand Flyrobe and raise some funds to grow her business.
Aanchal completed her schooling at Gyan Bharati School, Saket, New Delhi in 2004 and then enrolled at Amity University to pursue her Bachelor’s degree in Law in 2004 which she completed in 2009.
After completing her formal education, she then started her career as an advocate at the Chamber of Mr. P. C. Sen in January 2012 and worked till January 2013. In 2009, the Delhi International Arbitration Centre was formed and she was one of the founding members of this General Counsel. She served this counsel till December 2015 and then left to start her entrepreneurial journey with Rent It Bae.
She founded Rent It Bae in January 2016 and is serving the rental retail brand as the Chief Executive Officer. In November 2019, she acquired Flyrobe and is driving the business as the CEO and has also presented it on the Shark Tank India S3.
Meet: All the 12 Shark Tank India Season 3 Judges.
Flyrobe Shark Tank Business Deal
Aanchal Saini Flyrobe on Shark Tank India Season 3 episode aired on 28 February 2024. The founder of Candid Men presented their business model to the Sharks and asked for Rs 50 lakh in exchange for 1% equity.
The only offer was given by Aman Gupta which was 50 Lakh for 5% equity and Aanchal asked Aman if he can come at 3% equity but he revised his offer for 4% equity and finally, the deal was locked with Aman Gupta for Rs 50 Lakh for 4% equity.
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 Aanchal Saini Flyrobe Shark Tank India Season 3 including the pitch, business, products, and founder. The founder of Flyrobe has the vision to provide rental the same reputation as fresh clothes. She has inspired a lot of women to live their dreams.
Hope this Flyrobe 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.
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FAQs
Who is the founder of Flyrobe?
Pranay Ashok Surana was the founder of Flyrobe which was acquired by Rent It BAE in 2019.
Who is the founder of Rent It BAE?
Aanchal Saini is the Co-Founder & CEO of Rent It Bae, a clothing rental retail brand in India.
Who acquired Flyrobe?
Flyrobe was acquired by Rent It BAE on 27 November 2019.
