Jewel Box Has Raised ₹ 2 Crores for 6% Equity from Shark Tank Season 3. Shark Aman, Vineeta, Peyush, Ritesh, and Radhika invested in this startup. The owner made an ask of ₹ 1 Crore for 2% Equity.
About Jewel Box:
The founders of the company are Vidita Kochar and Nipun Kochar. Vidita Kochar has done her graduation with a Bachelor of Commerce from St. Xavier’s College, Kolkata. Many people in her family had done professional studies, she also considered studying Chartered Accountant and Master of Business Administration.
She did her Master’s from the Indian School of Business. But she wanted to do business, so she ran an Ad-Tech company called PlanMyAd and learned leadership roles from Regional Category Manager to Senior Category Manager over 2 years at Swiggy.
Nipun Kochar has done his graduation with a Bachelor of Commerce and was a partner in Narendra Kochar & Co. Chartered Accountants. He has also done Harvard Summer School Management Certification. He was the co-founder of Ad-Tech company PlanMyAd along with Vidita Kochar. Now both are co-founders of Jewel Box.
In the business pitch of Jewel Box, the founders gifted their jewellery products to all the shark judges. Jewel Box’s Vision is to provide Conscious Luxury Products with Lab Grown Diamonds.
Jewel Box Business Statistics:
Jewel Box was started in 2022. The company’s Valuation is 33.33 Crores. Last month’s sales were ₹ 97 lakh.
What Problem Do They Solve?
Jewel Box offers a Conscious Luxury Product with Lab Grown Diamonds. They sell everything from everyday wear jewellery products to exclusive jewellery suited for various occasions.
The formal name of this business is Riyaana Creations Pvt. Ltd. She has designed sustainable and ethical jewellery with new trends and presented her new thinking on the platform of Shark Tank India.
For further updates on Shark Tank India Season 3, please visit WEXT.in regularly. If you find this information intriguing, kindly share it with your friends and leave feedback in the comment section.