How is Find Your Kicks doing after Shark Tank India?

Founders: Simardeep Singh, Harshdeep Singh & Danish Chawla
Business: Sneaker Resale
Ask: ₹50 lakhs for 10% equity
Valuation: ₹5 Crore
Result: ₹50 lakhs for 25% equity
Sharks: Ashneer Grover, Anupam Mittal, Aman Gupta, Namita Thapar and Peyush Bansal
Episode: Season 1 Episode 17

Find your Kicks Shark Tank Pitch:

“Find Your Kicks” is a sneaker buy, sell, and trade platform that allows sneaker enthusiasts to buy, sell, and trade sneakers with each other. The platform is designed to be user-friendly and easy to navigate, with a focus on providing a safe and secure environment for sneaker enthusiasts to conduct transactions. All sneakers are legit-checked before being shipped to the buyer. They were only operating on Instagram at the time of the pitch, with their website and app in development.

They launched 8 months ago and have generated ₹26 lakhs in revenue, with the last month reaching ₹3.5 lakhs. Their Gross Merchandise Value is ₹5.5 thousand. They have no prior investors. Their net profit is ₹17 lakhs. They had 40 thousand followers on Instagram and a few competitors. They had 14 employees at the time of the pitch.

Find your Kicks Shark Tank negotiations:

Namita makes the first offer, bringing Ashneer along, offering ₹50 lakhs for 30% of the company. Aman has doubts about the entrepreneurs’ execution skills. Aman suggests that all sharks collaborate on this deal if they are all interested in the company. After discussing with all, they collectively offer ₹50 lakhs for 30% of the company. After further discussion among themselves, the company counters at 20%. Ashneer suggests 25%, which the entrepreneurs accept with a little hesitation.

Did the deal with the sharks get finalized after the show? Let’s find out.