Girgit specializes in creative color-changing clothing and provides accessories, T-shirts, shoes, and other items varying in color depending on heat or UV radiation exposure. Their products let wearers uniquely express their personality by being engaging, interactive, and visually dynamic. For instance, their T-shirts change color depending on temperature; the shoes do the same under sunlight. For those wishing to give their outfit a whimsical touch, the firm also provides accessories including hats and purses with similar color-changing technology, so customizing and interesting their products are.

Company Name: Girgit

Founder: Pooja Bajaj Shah

Product: Colour Changing Apparels

Highlights

1. T-shirts with color-changing ability vary their hue depending on temperature.
2. Shoes that change color in response to UV or heat will be found here.
3. Hats, backpacks, and other objects with color-changing qualities abound in accessories.
4. Interactive and visually dynamic, innovative design provides a singular fashion experience.
5. Customizable Fun: Using color-shifting clothing lets wearers convey personality.
6. Target Audience: Fashion-forward people that appreciate personalized and light-hearted apparel.

Pitch Details

Ask: ₹ 20 Lakhs for 10% Equity (Valuation: ₹2 crores)

Deal: After negotiations Namita Thapar, invested ₹20 lakhs for an 20% equity.

Investors: The investment came from Namita Thapar.

Conclusion

All things considered, Girgit’s pitch presented a creative idea for color-changing clothing that combined technology with fashion. With their entertaining and interactive clothes experience, the creators clearly highlighted their special value proposition. Though a specialized market presented difficulties, the sharks were drawn to their products because of their freshness and customizing possibilities. The good agreement with Namita thapar underlined the faith in Girgit’s capacity to expand and pique the interest of consumers searching for something fresh in the fashion scene. Their pitch showed in the garment sector a good mix of design and utility.

 Key Takeaways from the Episode

1. Original, innovative ideas like Girgit’s color-changing clothing can draw investment even in specialized industries.
2. Valuation Justification: As Girgit has shown, getting deals mostly depends on strong negotiating and a clear value offer.
3. Trends matter: atmosphere. Using a natural product line, Kombucha capitalized on the expanding trend in gut-health.
4. Stage’s regional OTT platform emphasized the possibilities in serving tier-2 and tier-3 cities for localized content     demand.
5. Sharks Back Risk: Even in specialized or early-stage sectors, sharks are ready to fund creative concepts.
6. Good negotiators know how to modify their proposals to close transactions.