Thea & Sid, Appeared in Shark Tank India Season 1 Episode 32, is a jewelry brand that sells proposals & engagement rings. Thea & Sid founder has demanded ₹80 lakhs in exchange for 7% equity of his company in Shark Tank India.
Jewelry is considered to be a very good business, however, its competition is very high right now, the market is everyone is sitting by opening a jewelry shop today. If a big business is to be made in the jewelry category, then a very good idea is needed which is associated with the feeling of the people.
What Is Thea & Sid – Rings for Love?
Thea & Sid is a brand that provides jewelry and rings associated with proposal & engagement. So the founder of this brand says that if you propose to your girlfriends and boyfriends for marriage then you need a ring. Nowadays there is no engagement without rings, everyone does their engagement with rings only.
So this startup has created different types of jewelry for engagement and poses which are 18K / 14K Solid Gold and 925 Sterling Silver. They have many different types of rings to propose like perfect match rings, gifts, etc.
Along with rings, they hold a lot of different types of jewelry such as earrings, necklaces, bracelets, etc.
Thea & Sid Shark Tank India Update
|Company Name||Thea & Sid|
|Founder||Ashwini Gadia, Aditi Minda|
|Product||The House of Proposal & Engagement|
|Asked For||₹80 Lakhs for 7% Equity|
|Final Deal||No Deals|
|Episode (Shark Tank India)||Season 1 Episode 32|
|Business Status||In Business|
|Net Worth/Valuation||₹11.43 Crores|
Thea & Sid Contact Details
Who Is The Founder Of Thea & Sid?
The name of the founder of Thea & Sid is Ashwini Gadia, Aditi Minda who has applied his skills to grow this business. This brand is working on a different niche, it may grow a lot in the coming time but it has no guarantee. The founder has taken this brand forward quite well.
Thea & Sid Before Shark Tank
Thea & Sid Shark Tank is running well before coming to India Couples were coming to this website and taking their favorite jewelry. However, the name of this brand is not that cool to hear and its marketing is yet to improve a lot.
Thea & Sid Get Deal’s In Shark Tank India
The founder of this brand pitched his product to Shark with great Bollywood romantic music and through visualization. Shark liked the idea of his pitch very much, so the founder asked for ₹80 lakhs from Shark in exchange for 7% equity of his company.
Next, we will give you information about this Thea & Sid startup.