Inspiring Entrepreneurial Journey : Partha Kakati & Rimjim Deka's Gen Z Oriented Company "LittleBox"
Why does Littlebox startup started?
Littlebox startup started for targeting Gen Z demographic
From where the company is Headquatered ?
The Littlebox company is headquatered in Guwahati and manufacturing unit is located in Delhi.
Growth of LittleBox Company
The Company has shipped over 2,00,000 products nationwide since 2022.
The company engaged with Community
With a team of 40 people, Littlebox aims to make 36 crores this year, while stil making 15% profit.
The success of Company
The main reason for success of company is that they make things as people want.
LittleBox in Shark Tank
Littlebox was featured in Shark Tank S-3. he asked for Rs 75 lakhs for 1% equity.
Namita Thapar offered a deal
Namita Thapar offered 30 lakh for 0.5% equity at 60 crore valuation, alongside 45 lakhs debt with 2% royalty clause.
Vineeta Singh offered a deal
Vineeta singh proposed 2% equity for 75 lakhs.
Deal Or Not
At last, All sharks agreed to a deal. With company accepting 75 lakhs for 2.5% equity at valuation of 30 crore.
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