Deal Description

TailorSmart.in - Established in Dec 2016 our platform does 3 Things -

A) We make you look good in the comfort of your home or office, currently you can order your customised food and every other thing at home except customised clothing . We wish to become that reliable service for tailoring. Our route to market however has been B2B/C. This is done through road shows in corporates by promoting sustainability in fabric, clothes i.e. collecting old clothes and redistributing them through NGO partners. We currently operate in 5 cities i.e. Pune. Mumbai, Delhi, Bangalore, Goa and partially in Kolkata too.

2. We are an Ecommerce platform for Young and budding designers who can use us to get an affordable backend where we procure fabric and do stitching for them and also publish their designs for sales on our platform for FREE. We currently work with few fashion brands on this - A large Retail gaint (Reliance Retail) has signed up with us for "Shop in Shop" operations. The first such shop has begun operations in Belgaum Karnataka from August 15, 2022. This will be followed by Kolkata and 2 other cites. We also operate as end-to-end back end for tailors, designers etc which has opened up even International markets for us which are WIP in Bahrain, Dubai and Malaysia. 

3. We are Creating jobs for our Tailors bringing them to an organised sector. Our mission is to make Made to measure clothing affordable for all. We are brand agnostic when it comes to fabrics we use. We also offer designers as a value added service for free who can give only consulting and tips to all our customers. Our Founder comes with a strong domain expertise and exhaustive experince and knowledge about fabric and tailoring industry. We are now on an expansion spree and looking to disrupt the market nationally as well as internationally. We help local tailors get jobs in the respective locations.

Our Requirement - 

We are looking for an investment of Rs 7.5 cr for an equity of 10% in the company. Since ours is a manpower dependent function and also our backend process needs to be automated - a major chunk of the fund will be invested in these 2 functions. As of now 95% of our revenue comes from Pune. We will be expanding on TailorSmart payrolls in 10 metros in India and also bringing in franchisees in the other 20 B&C class cities in India. Internationally we intend to operate on a franchisee model. We are already in talks with prospective franchisees in Dubai and Malaysia. 

Our Valuation is 74 crs - done by a third party company- Funding Ventures. We can share the pitch deck and valuation report if needed.

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