A husband-wife duo just built a startup making Rs 2 crore/month; 5-shark deal in Shark Tank
Explore the success stories of Shark Tank India startups, including Littlebox and Turms, as they revolutionise the fashion industry with innovative products, high-margin models, and customer-driven strategies in the competitive Indian market.
Shark Tank India has spotlighted numerous startups redefining industry standards with unique approaches and disruptive ideas. Among these are Littlebox, a Gen Z-centric D2C fashion brand and Turms, a smart clothing innovator offering anti-stain apparel. These brands exemplify the potential of high-gross margin models, customer-driven strategies and innovation in India’s fast-fashion market. In this article, we delve into their remarkable journeys, exploring how they leveraged Shark Tank’s platform and mentorship to scale their businesses and achieve exponential growth.
Shark Tank India: Littlebox
The Assam-based couple launched Littlebox, a fast-fashion D2C brand aimed at Gen Z.
Shark Tank India: 5-shark deal
The startup secured a 5-shark deal, gaining unanimous support from the sharks.
Shark Tank India: Rapid Growth in Less Than Two Years
Since its launch in June 2022, Littlebox has shipped over 2 lakh products and handles 1,200 shipments daily.
Shark Tank India: Dual Operations in Guwahati and Delhi
Marketing and IT are based in Guwahati, while production and warehousing are in Delhi.
Shark Tank India: Inspiring Assamese Youth
The founders aim to encourage youth in Assam to pursue entrepreneurial ventures.
Shark Tank India: Turms
Turms specialises in tech-enhanced clothing, offering anti-stain and anti-odor apparel.
Shark Tank India: From Customer to Owner
Surendra Singh, a loyal customer, acquired Turms in 2022 and revamped the brand.
Shark Tank India: 3 Lakh to Rs 86 Lakh Monthly
Singh’s strategic improvements led to a significant rise in revenue within a year.
Shark Tank India: MS Dhoni’s Influence
The cricket legend reportedly wears Turms apparel 22 days a month, boosting its visibility.
Shark Tank India: Enhanced Focus on Customer Feedback
Direct consumer insights helped refine Turms’ product offerings and strategy.
Shark Tank India: Adil Qadri’s Perfume Empire
Adil Qadri’s Perfume Empire Valued at Rs 100 Crore
From 5th-Grade Dropout to Business Tycoon
Adil Qadri built a premium perfume brand now valued at Rs100 crore.
Shark Tank India: Investment by Vinita Singh
Adil secured Rs 1 crore for 0.5% equity, with Vinita Singh recognising the brand’s potential.
Shark Tank India:Targeting Rs 80-90 Crore Revenue for FY 2023-24
The company doubled its year-on-year revenue, aiming for Rs 80-90 crore this year.
Shark Tank India: Over 10 Lakh Orders Delivered
The business processes 3,000 orders daily, marking a significant milestone.
Shark Tank India: High Gross Margins of 70%
Adil Qadri enjoys a profitable model in a competitive market with premium pricing.