French Crown Shark Tank India Update (Season 1)

French Crown is a premium menswear brand based in Surat, Gujarat, specializing in French-style clothing for men. Founded in 2016, the startup has grown significantly, employing between 201 and 500 staff members.

The brand prides itself on using high-quality fabrics, ensuring comfort and style in its designs. Notably, French Crown is recognized as India’s first sustainable fast fashion brand, offering its products not only within India but also delivering to over 91 countries worldwide.

Their product range includes T-shirts, jeans, shirts, suits, blazers, boxers, and lounge pants, with prices for shirts starting at over ₹1,300.

Who Is The Founder Of the French Crown?

Ilesh Ghevariya is the founder and CEO of French Crown, a premium menswear brand. With a background in IT engineering, he has completed an MBA in Marketing from the Lal Bahadur Shastri Institute of Management.

Prior to establishing French Crown, Ilesh gained experience as a sales manager at Abbott. Under his leadership, French Crown has achieved significant success, selling its products both domestically and internationally in over 91 countries.

The average production cost of their products ranges from ₹500 to ₹1,200, allowing the company to maintain a healthy profit margin while delivering high-quality clothing to customers.

French Crown Get Deals In Shark Tank India

Ilesh Ghevariya, the founder of French Crown, appeared on Shark Tank India, seeking ₹1.5 crores in exchange for 0.33% equity in his company. During his pitch, he shared the story behind the startup’s inception and the challenges he faced along the way.

The Sharks showed interest in understanding various aspects of his business before considering an investment. Ilesh’s emphasis on the brand’s commitment to sustainable fast fashion and high-quality menswear likely captured the Sharks’ attention, as they sought to gauge its potential for growth and profitability.