Bacca Bucci Shoes India | Inside the Shark Tank : The Bacca Bucci story

Episode 33

image of bacca bucci on shark tank india

The good news is that India is the second-largest footwear producer in the world. However, the bad news is that India’s branded footwear market is dominated by international brands. When it comes to Indian youth, they definitely deserve comfortable and durable shoes.

Whether it’s casual Bacca Bucci Shoes India, footwear for an outing, boots for trekking or adventure, or sports shoes, Bacca Bucci has it all. They are a homegrown Indian footwear brand, started in 2014, and to date, They have delivered more than 30 lakhs shoes to customers.

In India, there are three major market segments: below ₹1000, ₹1000-₹3000, and above ₹3000. The ₹1000-₹3000 segment has a vast opportunity, with a market cap expected to reach ₹18,000 crores by FY25.

Our pricing strategy is competitive, offering premium designs at affordable prices, making our shoes aspirational yet accessible.

The sales numbers reflect the growth. Last financial year, closed with net sales of ₹47 crores, up from ₹29 crores in the previous year. They anticipate closing FY24 with ₹75-80 crores.

In the first six months of this year, they have already achieved ₹27 crores, compared to ₹15.6 crores in the same period last year.

AttributeDetails
Company NameBacca Bucci Fashions Pvt. Ltd.
Founders & CEOAnuj Nevatia and Natwar agarwal
HeadquartersG-152, KH-401/87 OLD NO.87/88 VILLAGE GHAZIPUR , DELHI, Delhi, India – 110096
Founded Year08 July 2015
BusinessOnline Footwear Brand
Profitabilityprofitable
Shark Tank EpisodeSeason 3 – Episode 33
Asked For₹ 2.5 Crores for 1% Equity
DealNo Deal
Sharks Invested

The Founder Of Bacca Bucci Company

image of natwar agarwal and anuj nevatia founder of bacca bucci on shark tank india

Anuj Nevatia:

  • One of the founders of Bacca Bucci.
  • He was a CA and Had a job before starting the footwear company.
  • Not initially a shoemaker but noticed a significant price variance in footwear between online and offline markets around 2014.
  • Engaged in a side hustle selling shoes, which led to the establishment of Bacca Bucci.

Natwar Agarwal:

  • Co-founder of Bacca Bucci.
  • Partnered with Anuj Nevatia to start the company.
  • Shares a similar background with Anuj regarding the motivation to address the price disparities in footwear markets.

Company Overview:

  • Bacca Bucci is a homegrown Indian footwear brand established in 2014.
  • They have sold over 30 lakh shoes to date.
  • Their products are available on their website, baccabucci.com, and in various reputed markets across India.
  • The company’s vision is to reduce the dominance of international brands in the Indian market and to take Bacca Bucci global, making it the preferred brand in India.
  • They offer a variety of footwear including casual shoes, boots, and sports shoes.

Bacca Bucci Shoes Shark Tank Full Episode

‘Bacca Bucci’ की 80 Crores की Sale ने Sharks को किया Surprise | Shark Tank India S3 | Full Pitch
Video courtesy Shark Tank India

Bacca Bucci Products

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Conclusion

Bacca Bucci is an ambitious Indian footwear brand aiming to capture a significant share of the market dominated by international brands. Despite a strong sales record and a diverse product range catering to various needs, the company faces challenges in branding consistency and customer engagement. Their focus on affordability and quality has driven their growth, but to elevate the brand further, The company must enhance its branding strategies, deepen customer understanding, and explore offline retail avenues to improve margins. The founders’ vision is clear: to make Bacca Bucci a global brand and the preferred choice for Indian consumers. With strategic mentorship and investment, they hope to achieve this vision, leveraging their strong market presence and customer loyalty.


Frequently Ask Questions

What is the valuation of Bacca Bucci?

The ask from the founders of Bacca Bucci is ₹ 2.5 Crores for 1% Equity, and according to that the valuation of the company is 250 crores.

What is the turnover of Bacca Bucci?

The turnover of the company as on march 31, 2023 is around $5.85M.

bacca bucci shoes review

According to amazon the company have a good 4 out of 5 rating.

image of bacca bucci review on amazon

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