What Happened to Bands & Cups After Shark Tank India?
What is Bands & Cups?
Bands & Cups is a company that offers bra fitting services. It provides its customers with perfect-size bras. It has 120+ sizes of bras in its collection.
The company tagline is,
Confident inside, Kickass outside
In the Indian market, bras are available in only 12 sizes. So, whatever your size is, you’ve got to wear one of those sizes. Wearing the wrong size bra can lead to many problems, such as backbone pain, negative body image, shoulder pain, etc.
But not anymore as Bands & Cups is here to rescue you. Bands & Cups is considered a D+ lingerie specialist.
Who is the Founder of Bands & Cups?
Aayushi Kanodia is the founder of Bands & Cups. She’s from Chennai. She’s a scientist. She’s an immunologist. She worked with some startups.
She suffered herself from wearing the wrong size bra. She also had corrective surgery because of this issue.
Bands & Cups Before Shark Tank India?
She started the company in April 2021. Now, Bands & Cups has 3100 followers on Shark Tank India. It doesn’t manufacture the bras, all the bras are sourced.
How much money did she ask for on the pitch?
She came to Shark Tank India seeking ₹40 Lakhs for 10% equity in her company Bands & Cups. Which gives the company a valuation of ₹4 Crores.
The brand was doing business in Chennai. With the money, she wanted to expand in Bangalore & Mumbai. She wanted to increase her operations.
How to get a Bands & Cups appointment?
You can get appointments and consultancy services from their website.
Unit Economics of Bands & Cups
| Gross margin | 60% |
What are the Annual Sales of Bands & Cups?
Her yearly sales are ₹4.5 Lakhs.
Which shark gave Bands & Cups an offer?
Peyush Bansal was out. He thought the solution to the problem she was providing wasn’t unique. He also thought the TAM of the business was too small.
Ghazal Alagh was out. She thought the founder was limiting herself by not offering her service fully virtual.
Vineeta Singh was out.
Anupam Mittal was out. He thought the business model was very confusing. Also, he thought the business model wasn’t investable.
Namita Thapar was out. She thought the business model could be copied by other established players in the market.
What deal did Bands & Cups get in Shark Tank India?
Bands & Cups didn’t get any deal in Shark Tank India.
| Company Name | Bands & Cups |
| Founder | Aayushi Kanodia |
| Asked Amount | ₹40 Lakhs for 10% |
| Final Deal | No Deal |
| Shark | No Shark |
| Company Net Worth | ₹4 Crores |
| Company Website | www.bandsandcups.com |
| Company Status | In Business |
What is the net worth of Bands & Cups?
The net worth of Bands & Cups is ₹4 Crores.
Is Bands & Cups still in Business?
Yes, Bands & Cups is still going strong and spreading awareness among women.
