Episode 35 :-
LittleBox India is a fast fashion direct-to-consumer (D2C) brand that targets the masses. Their mission is to offer an outfit for every mood. This vision allows individuals to use their attire as a canvas to express their whole personality. Because of that they get offers from multiple Sharks on Shark Tank India.
With aesthetics that appeal to the masses, every product from Little Box India is meticulously crafted.
Launched in June 2022, Little Box India has already achieved remarkable milestones. Currently, they are shipping more than 1,000 units every day.
This rapid growth is particularly noteworthy considering the limited startup activity in Assam. The supportive government and incubation centers in the region have been instrumental in nurturing this startup.
They started their journey with only 30 lakhs as an initial investment, From the very first year they made 9 Cr in sales with 15% as a profit margin, and with 40 teammates Littlebox aims to get up to 36 Cr this year.
Rimjim Deka Kakati shares her entrepreneurial journey, which began with a small business Streetstylestore.com as a CEO for ten years From (April 2012 to March 2022). Despite initial challenges, including verbal commitments and paperwork issues, she gained valuable experience in the fashion D2C space.
Partha Kakati joined her, bringing in a wealth of knowledge and expertise. Together, they have built a strong foundation for Little Box India.
Little Box India LinkedIn Profile
Marketing and Growth Strategies
Littlebox clothing focuses on trendy and affordable products. Their marketing strategy leverages social media platforms like Instagram to engage with customers and promote new products. By asking customers for feedback and closely monitoring engagement, they develop products in small batches to test the market before full-scale production.
Production Capacity and Quality Control
The company currently operates four factories in Delhi and one is owned by them, with a production capacity of 2,000 tonnes. Although they face some quality issues, their strategy of using in-house factories helps maintain control over production and scaling.
| Attribute | Details |
|---|---|
| Company Name | LITTLEBOX INDIA MARKETING PRIVATE LIMITED |
| Founders & CEO | Rimjim Deka Kakati and Partha Kakati |
| Headquarters | Guwahati, Assam 781038, India |
| Founded Year | 2022 |
| Business | Retail Apparel and Fashion |
| Profitability | profitable |
| Shark Tank Episode | Season 3 – Episode 35 |
| Asked For | ₹ 75 Lakhs for 1% Equity |
| Deal | ₹ 75 Lakhs for 2.5% Equity |
| Sharks Invested | Namita Thapar, Aman Gupta, Vineeta Singh, Anupam Mittal and Amit Jain |
The CEO And Founders of Little Box India
Rimjim Deka Kakati was the CEO and Partha Kakati was Ex-CEO and current Independent Board member of LITTLEBOX INDIA MARKETING PRIVATE LIMITED.Rimjim and Partha’s native place is Guwahati, Assam. They spent most of their time traveling between Guwahati and Delhi where they have their office and warehouse respectively.
During Little Box pitch, the founders received multiple offers from the sharks. The offers ranged from valuations of 25 crores to 60 crores, with different combinations of equity and debt. After careful consideration, the founders decided to go with an offer of 75 lakhs for 1% equity, achieving the valuation they desired without any royalty or debt.
Linkdin profile links,
Rimjim Deka Kakati and Partha Kakati
Little Box tops, cargo, shoes, Dresses
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Little Box Shark Tank Episode Number 35 Watch Online
Conclusion
Little Box India’s story is a testament to the potential of startups from less-represented regions like Assam. With a strong team, supportive ecosystem, and innovative approach, they are well on their way to becoming a significant player in the fast fashion industry. We look forward to seeing their continued growth and success.
Frequently Asked Questions
What is the deal of Littlebox on Shark Tank?
They get a combined deal from all the five sharks, 75 lakh for 2.5% equity at a valuation of Rs 30 crore.
What is the turnover of Littlebox?
With an EBITDA of 15%, the company’s estimated net revenue for the current financial year is around 36 Cr.
Where is Littlebox India located?
It is located at A-139, Ramphal Chowk, Palam Extension, Dwarka-110075.
Is LittleBox India fast fashion?
It is a brand which gives a unique look to fast fashion by their designs and compatibility with the phycology of Gen Z.
What is the history of Littlebox?
Due to failure of old partnership and internal want to do something unique nature of Rimjim Deka Kakati, leads to start the new company.
Is Littlebox India legit?
According to the search results, there is not enough information available to definitively determine if Littlebox India is legit or not.