Founded in 2017 by Rohan Khanduja, Tripole has made its mark in the outdoor gear and equipment industry

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The company began operations from a small room and has since expanded into two full-fledged factories

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The brand manufactures a wide range of products in-house, including rucksacks, backpacks, sleeping bags, travel accessories, and apparel

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Tripole has cultivated a loyal community on Instagram, with 8.3K followers where it primarily shares user-generated content, showcasing real adventures

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Its product lineup includes: Rucksacks (70% of sales), Backpacks (10%), Waist packs (6%), Apparel (6%), Miscellaneous travel accessories (8%)

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FY22-23 Revenue: ₹11 Crores FY23-24 Revenue: ₹14.2 Crores Projected FY24-25 Revenue: ₹20 Crores

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With average monthly sales of ₹1.6 Crores over the past three months, the company is growing at a rapid pace

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Rohan Khanduja asked an investment of ₹1 Crore for 1.5% equity, valuing the company at ₹65.22 Crores

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After multiple counters and adjustments, Ritesh made a revised offer: ₹75 Lakhs for 1.15% equity. ₹40 Lakhs as debt at a 9% interest rate

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Namita matched this offer, but Rohan ultimately accepted Ritesh’s proposal. The final valuation stood at ₹65.22 Crores

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