Anupam Mittal and Vineeta Singh criticise abrogation deterioration marque that Aman Gupta invests successful Shark vessel India Season 4.
There is simply a crushed wherefore swimming with the sharks is seen arsenic a unsafe thing. So what happens erstwhile the founders of Woman Like U, a abrogation deterioration brand, chiefly focused connected swimwear, decided to transportation successful play 4 of the Indian mentation of the Shark Tank? Well, they did aquatics with the ‘sharks’, albeit with bully decorator wear. Bengaluru-based commencement up Women Like U was pitched arsenic a covering marque made to code the contented of differing assemblage types for Indian women.
The startup, founded by Abu Zoheib Jilani and Shrijal Dave, catered to a clientele wanting to instrumentality pridefulness successful their assemblage types, and find abrogation deterioration that acceptable them right. In fact, the marque promised to person coding successful spot to guarantee women tin recognize their assemblage benignant by answering a elemental acceptable of questions, and take the close benignant of acceptable from a curated database of products. While the ‘sharks’ — Aman Gupta, Anupam Mittal, Vineeta Singh, Peyush Bansal, and Varun Dua — were rather impressed with the transportation and the products connected display, it was acold from a stroll successful the parkland for squad Woman Like U, who asked for Rs 1 crore for 2% equity with a valuation of Rs 50 crore.
Vineeta Singh revealed that she was a lawsuit of that brand, and was rather impressed with the plan and material. Interestingly, Anupam Mittal enactment distant a pertinent constituent astir however the brand, which prides itself connected the diverseness and inclusivity of the assorted assemblage types of Indian women, which cannot beryllium regularised nether the Western sizes, was doing thing akin with respect to Indian sizes. He argued, “Using the aforesaid lexicon similar pear-shaped, oval, heart-shaped, etc… aren’t you inactive objectifying women? If you truly privation to beryllium anti-discriminatory, you person to usage antithetic language.” This was vehemently agreed upon by Vineeta, who had different occupation with the words utilized by the company.
And the words she had the occupation with was… ‘Woman Like U’. Vineeta outrightly dismissed the marque sanction arsenic ‘cheap-sounding’ and felt it wasn’t truly appealing to the clientele who would look astatine this marque arsenic an aspirational luxury option. “I hatred the marque sanction and logo and the spelling…” Although, sharks similar Varun Dua and Peyush Bansal were impressed with the nett figures of the brand, they excused themselves from the woody due to the fact that of assorted issues ranging from positioning, lack of imaginativeness successful class enlargement to deficiency of clarity.
Interestingly, some Anupam Mittal and Aman Gupta negated Vineeta Singh’s opinions astir the branding and the logo, and said that these were subjective opinions, and they rather bought the simplistic quality of the branding. Nevertheless, Vineeta made an connection of Rs 1 crore for 3% equity positive 2 % royalty until Rs 1.5 crore is recouped, and Aman pitched successful with a akin connection but till Rs 1 crore was recouped. Oh, and Vineeta’s 1 stipulation was… “Change the marque sanction and the logo.”
That was an connection that squad Woman Like U could refuse, and that’s what they did. They chose Aman arsenic their investor, and went with their hearts full, wallets comparatively full, and pridefulness intact. In closing, Vineeta pointed retired that the marque sanction has nary emotion, and feels similar a sanction churned retired by an algorithm. “For a manner brand, the sanction is everything. SUGAR, bOAt… the names mean everything. The founders are truthful rigid.”
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But earlier leaving, the pragmatic founders said, “We received overwhelmingly affirmative response. The sanction is adjacent to our heart, and of course, we took a batch of information earlier arriving connected this name. We bash recognize that determination are radical who mightiness consciousness akin to Vineeta, but the branding has received mostly affirmative responses.” What’s successful a name? Shakespeare erstwhile asked. And connected this episode, Vineeta did the same.