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Aretto Brings World’s First Expanding Shoes To Shark tank India

Aretto 's mission is to designs shoes that grow with kids, helping their feet develop while fostering their cognitive and sensory growth. Founder Satyajit Mittal was seeking Rs80 lakhs for 1% equity at Rs80 Cr. valuation. Does this deal close here?

By Saroj Kumawat
New Update
aretto

Satyajit Mittal is CEO and founder of Aretto. He is from Pune, Maharashtra. He started Aretto. Aretto, with its patented technology, is the first brand in the world to create shoes that organically grow up to three sizes to fit children's feet. Its specialties are children's shoes, kids footwear, footwear technology, design-led kids shoes, shoes that grow, sustainable shoes, and concept shoes. He was seeking Rs. 80 lakhs for 1% equity and valued the company at Rs. 80 crore.

Aretto Valuation, funding and Company Profile

Know more about the  Aretto valuation in shark tank india, funing amount, founder, headquater, founding year, business model and sales.

Company 

Aretto 

Valuation 

INR 80 Cr.

Founder

Satyajit Mittal 

Headquarter 

Pune, Maharashtra 

Founding Year 

2019 

Business 

Retail Apparel and Fashion

Profitability 

No

Got Investment 

No

Sales 


FY Nov.’ 23 

Rs. 60 Lakhs 

FY 23-24 ( Till Nov.) 

Rs. 3 Cr.

Conclusion

It was an engaging episode at Shark Tank India with all sharks: Aman Gupta, Piyush Bansal, Namita Thapar, Vineeta Singh, and Anupam Mittal, where participants unfortunately did not secure a deal with sharks but received valuable mentorship to help grow their businesses. Now, everyone eagerly awaits the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges.

FAQ

Who is the founder of Aretto?
Satyajit Mittal is CEO of Aretto. 
What is the founding year of Aretto?
2019  is the founding year of Aretto.
Did Aretto get investment?
No, Aretto did not get investment.
Where is the headquarter of Aretto?
The headquarter of Aretto in Pune, Maharashtra. 

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