More About aastey
At aastey, they are building India’s first sustainable, size-inclusive brand for athleisure, activewear & essentials for women.
Here are some of the major product categories offered by aastey:
- Bottomwear
- Topwear
- Everyday dresses
- Club collection
Founders of aastey
Jeevika Tyagi and Kanupriya Mundhra are the co-founders of aastey, an athleisure wear brand for women.
aastey Shark Tank Pitch and Updates
Jeevika Tyagi and Kanupriya Mundhra appeared on Shark Tank India season 3 and shared details about their brand aastey.
The founders started their pitch by asking the Sharks about their clothing size and also the fact that every woman gets asked these questions regularly. Also, women need to multitask a lot and look for clothing that can be worn at different places for different needs.
To help people with the same, they started aastey, a brand that allows women to look stylish, always. The founders worked on research and development for a year to develop high-quality recyclable polyester products.
After that initial pitch, the founders demanded INR 80 Lakhs for 2% equity at a valuation of INR 40 Crores.
After that, the Sharks started asking various questions about their business:
- Anupam Mittal asked the founders about their career backgrounds and how they met each other.
- Aman Gupta asked them whose idea was to start the brand. He also checked their Instagram account for reach and engagement but was not satisfied much.
- Peyush Bansal told them that there is a big player in the US targeting the same audience. He asked them how they compete with them provided that they are doing the same thing.
- All the Sharks were shocked to see their business execution as they had zero funds at the time of their pitch to sustain the business.
After all the discussion, the founders received no investment offers from the Sharks and they were not able to close the deal.
| Company Name | aastey |
| Founders | Jeevika Tyagi and Kanupriya Mundhra |
| Headquarters | Bengaluru |
| Founded Year | 2021 |
| Business | Athleisure wear brand |
| Profitability | No |
| Shark Tank Episode | Season 3 – Episode 23 |
| Asked For | INR 80 Lakhs for 2% equity |
| Deal | No Deal |
| Sharks Invested | No Deal |
| Valuation Given | No Deal |
| Website | Click Here |
aastey wasn’t able to secure on Shark Tank India season 3 because their business execution was not good as per the Sharks.
Frequently Asked Questions About aastey
After their appearance on Shark Tank India Season 3, people tried to find more information about aastey. So here are some of the frequently asked questions about them.
1. Who Is The Founder of aastey?
Jeevika Tyagi and Kanupriya Mundhra are the co-founders of aastey, an athleisure wear brand for women.
2. Is aastey From Shark Tank India profitable?
No aastey from Shark Tank India is not yet a profitable business. As per their Shark Tank pitch, they had a liability of around 1 crore and did not have any funds to sustain the business.
3. What happened to aastey after the Shark Tank?
aastey was not able to secure an investment in Shark Tank India. However, they are still running their business online and are working on to scale that.
4. What Is The Valuation of aastey?
aastey came on Shark Tank India to raise investment at a valuation of 40 Crores.
