Zillionaire Shark Tank
| Company name | Zillionaire |
| Founders | Aditya Fathepuriya and Raghav Goyal |
| Ask | 50 lakhs for 3.3% equity |
Zillionaire Founders
Aditya Fathepuriya and Raghav Goyal are the founders of the company and they are from Jaipur. During the lockdown, both of them were becoming interested in hip-hop music and at that time they wanted to wear the jewelleries that were worn by the hip-hop artists. So, they made their custom-made jewelry for them and posted a video on Instagram and from there it all started.
About the company Zillionaire
Zillionaire is the jewelry brand for Gen Z generation. The company deals with pendants, rings, ear-rings and many other jewelry products which are very popular among actors and players. They have a verified account on Instagram and have around 32K followers. They are only doing D2C and making business from their own website only. They are looking to expand their business in Dubai, UK, and Australia in the upcoming next 2 years.
Ask by the Owners of Zillionaire
The pitchers made an ask of 50 lakhs for 3.3% equity in the company.
Zillionaire Sales And Revenue
The average selling price of the jewelleries is 12,000 rupees. The cost price is Rs. 5000. Net profit is around 60%. Currently they have 400 units of inventory with them. They can manufacture 1200 units a day with 6 days of working a week. So, they can manufacture around 40000 units a month. Now they are making 40-50 units per day. In FY22-23 the sales was Rs.1 crore (7 months), Last month the sales was 13 lakhs rupees. In FY 21-22 the sale was Rs.72 lakhs and in FY20-21 the sales was Rs. 11 lakhs. The projected Revenue for this year is more than 2cr. Their average order value is Rs.14000. The ROAS(Return On Ad Spend) is about 25 lakhs rupees in 1cr. Revenue; so the rate is 4. In the 1cr. Sales, the COCS is Rs. 40 lakhs, CAC is Rs. 25 lakhs, salaries is about 14 lakhs rupees and 3 lakhs is for video shoot, overheads is of 2 lakhs. So the net profit is around 15 lakhs rupees.\
Credmate Shark Tank
Offers and counter offers
Anupam counter offers 1 cr. for 10% equity in the company.
Vineeta, Peyush and Aman gave another offer of 50 lakhs rupees for 10% equity.
Zillionaire Final deal
Deal was finalized with Anupam for 1cr. Rupees in exchange of 10% equity in the company.