Lil Goodness and Rubans Secure Investments from the Sharks, Taking Their Innovative Products to New Heights!
Lil Goodness’ Guilt-Free Snacks Land Investment from Shark Peyush
Lil Goodness, a startup dedicated to healthy and nutritious snacks for kids, was founded by fathers Harsha and Damanbir. Specializing in gluten-free chocolates, Lil Goodness aims to offer guilt-free snacking options made from 100% natural ingredients, free from preservatives, artificial flavors, and colors. Launched in 2019, the company quickly gained traction in the Indian market for its commitment to providing tasty, convenient snacks for health-conscious parents. Available on their website and other e-commerce platforms, Lil Goodness caters to various taste preferences and dietary needs.
Seeking ₹1 crore for 1% equity, Lil Goodness secured an investment of ₹50 lakh for 1% equity and ₹50 lakh in debt from Shark Peyush.
Rubans Receives Investment at a 100 Crore Valuation
Rubans, an Indian jewelry startup founded by Chinu Kala and Amit Kala in 2016, is known for its unique and contemporary designs for women. The brand offers a wide range of jewelry, including earrings, necklaces, bracelets, and rings, all crafted from premium materials with intricate designs. Rubans is committed to empowering women to express their personal style with fashionable, functional pieces suitable for everyday wear and special occasions. The company also emphasizes sustainability and ethical practices, using recycled metals and responsibly sourced gemstones.
In their pitch, Rubans sought ₹1.5 crore for 0.5% equity and received an offer from Sharks Aman, Namita, and Vineeta for ₹1 crore for 1% equity and ₹50 lakh in debt. The founders gladly accepted this offer!