A Perfect Fit:
Angrakha
Clothing Brand Secures
Shark Tank Deal
for All Sizes
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Angrakha is a clothing brand that makes clothes for all sizes from normal to plus sizes.
Image Credit: angrakhaa.com
The founders of Angrakha are Assana and Vishakha Bhaskkar.
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Angrakha has the vision to make clothes for every man and woman from X size to plus size.
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Image Credit: angrakhaa.com
Assana and Vishakha came to pitch their vision on Shark Tank India Season 2.
They asked for 40 lakhs in the exchange for 5% equity in the company.
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Image Credit: angrakhaa.com
All the Sharks were out of the deal due to personal reasons except one.
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Image Credit: angrakhaa.com
Amit Jain, the new Shark gave Angrakha an offer of 40 lakhs for 20% equity.
Amit Jain gave this offer because her wife Pihu Jain also faces the problem of cloth size, so could personally relate to the company.
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And the deal lock on 40 lakhs for 20% equity. It is a great idea for Vishakha.
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