Sneaker buyers, sellers, and traders may use “Find Your Kicks” to purchase, sell, and exchange sneakers amongst one another. With an eye toward giving sneaker aficionados a safe and secure space to make transactions, the site is made to be user-friendly and easy to navigate. Before being sent to the buyer, every sneaker undergoes legitimate checking. At the time of the pitch, they were just running on Instagram; their website and app was under construction.
Launched eight months ago, they have brought in ₹26 lakhs in income; the latest month brought ₹3.5 lakhs. Their gross merchandise value comes at 5.5 thousand. They have no past backers. Their net profit is at ₹17 lakhs. They had few rivals and forty thousand Instagram followers. At the pitch, they employed fourteen people.
Company Name: Find Your Kicks
Founder: Simardeep Singh, Harshdeep Singh & Danish Chawla
Product: Sneaker Resale
Highlights
1. Every sneaker is checked to guarantee authenticity and stop counterfeits.
2. Exclusive Sneaker Access offers a market for limited, unusual sneakers.
3. Resale Platform: lets sneakerheads buy and market collector shoes.
4. Drawing on India’s growing sneakerhead community, explores.
5. Superior service guarantees flawless transactions and client pleasure.
Pitch Details
Ask: ₹50 lakhs for 10% equity (Valuation: ₹5 crores).
Deal: After negotiation Ashneer Grover, Anupam Mittal, Aman Gupta, Namita Thapar and Peyush Bansal, finished the deal at ₹50 Lakhs for 25% equity.
Investors: The investment came from Ashneer Grover, Anupam Mittal, Aman Gupta, Namita Thapar and Peyush Bansal.
Conclusion:
Find Your Kicks India positioned itself as a much-needed fix in the sneaker resale business of India. Through emphasizing authenticity and uniqueness, the company has developed confidence among sneakerheads. The brand has great chances for development given India’s rising market for limited-edition sneakers. Investors connected with the entrepreneurs since they clearly understood sneaker culture and company scalability. Their company model was reinforced by their capacity to solve market gaps and counterfeit issues. Find Your Kicks India has the potential to become a top platform in India’s sneaker resale market with correct implementation and ongoing growth.
