Two young youths founder owners who make crores of money at a very young age by selling jewellery by the brand Zillionaire
The founders appeared on Shark Tank India Season 2. Shark Piyush Bansal requests that Zillionaire demonstrate its projected business sales and explain Zillionaire’s unique business proposition.
Zillionaire Jewellery India Shark Tank India founder owner, revenue, valuation, deal, net worth
Zillionaire by Genz Fashion Jewellery aims to market to the Millennials by selling the story. Raghav Goyal and Aditya Fatehpuria are the founders of Zillionaire Business. They aim to present something new and trendy to their customers. Zillionaire Business products are carefully crafted with stylish designs.
The Journey Of The Brand Zillionaire
Raghav was fond of hip-hop music during the pandemic. Seeing the rapper’s jewellery at that time, Raghav got very interested in it. After discussing with his school friend Aditya about his family jewellery, he decided to work on Market Gap.
Raghav and Aditya created a whole new business by taking metals and stones known for the traditional jewellery of kings and giving them to local artists to create new GenZ Design Jewellery. They created an in-house product range in collaboration with artisans from Jaipur, Rajasthan.
In the very first year, big celebrities like Karan Johar, Badshah, and Malaika Arora started wearing their jewellery. In a very short span of time, the brand acquired a large market area and became an immediate hit. They launched their business with a simple Instagram page before building their own website, which soon spread across India.
The Statistics Of The Business
- The Zillionaire Business was started in 2020.
- Zillionaire Business made 20 lakhs in sales in its first year.
- The projected sales for FY 2022 – 23 Zillionaire are 2 crores.
- Zillionaire Projects plans to make sales of Rs. 24 crores in three years.
- 11 to 50 employees work in the Zillionaire Business.
Zillionaire India Business Product Specialities
- Iced Jewellery,
- King of Bling,
- handset,
- Handmade Jewellery, and
- Silver Jewellery
Zillionaire India Business has generated a lot of interest on the Shark Tank stage by introducing a new line of “Iced Out” jewellery. In the craze of hip-hop music, it was seen that rappers wear jewellery on their teeth as well; it is called “iced out”. Inspired by Rappers Teeth Jewellery Zillionaire India Business to Innovate Traditional Jewellery Businesses in India
In hip-hop and rap culture, the term “ice” refers to jewellery. “Iced out” means the jewellery or diamond is covered.
Many famous rappers have used the word “iced out” in their songs.
The Pitch
The business pitch masters presented their business pitches with great soul and conviction, making everyone interested in watching the Zillionaire New GenZ Business Investment.
For a 3.5% share, Zillionaire Jewellery requests Rs. 50 lakh. Anupam is the one who makes the first offer of Rs 1 crore at 10% equity with a valuation of Rs 10 crore, regardless of the struggle. Later, Peyush Bansal, Vineeta Singh, and Aman Gupta propose to them a contract totalling Rs. 50 lakhs at 10% equity with an Rs. 5 crore valuation.
Vineeta was upset since she wanted to work with them, and Namita was shocked when the Zillionaire brothers went with Anupam.
#Zillionaire, #Credmate, and #Freebowler are all set to pitch to the Sharks their innovative ideas, will they succeed in locking a deal?
Don't forget to tune into #SharkTankIndia Season 2, tonight at 10 pm on Sony Entertainment Television & Sony LIV. pic.twitter.com/Wa1hcALprc
— sonytv (@SonyTV) January 13, 2023
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