Bombay Closet Cleanse is a secondhand shop advancing practical style. It lessens material waste by exchanging pre-adored garments. They want to make an eco-accommodating shopping experience. Clients can purchase, sell, or trade style things.
They offer budget-friendly fashion with an environmental impact. With two offline stores and an online platform, they are expanding. They focus on keeping clothes in circulation. Their mission is to make fashion ethical and accessible.
What is Bombay Closet Cleanse?
Bombay Closet Cleanse is a thrift platform for second-hand fashion. It is based in Bandra, Mumbai. Founded by two sisters, it aims at reducing waste. They make shopping eco-friendly and affordable.
Customers can buy trendy clothes at lower prices. They can also sell or swap their clothes. The brand empowers reusing and reusing design things. Their stores give a one of a kind deal hunting experience.
Company Overview
Bombay Wardrobe Purge works with an unmistakable mission: advancing roundabout design. They give a choice to quick mold. Their foundation urges customers to pursue maintainable decisions.
| Company Name | Bombay Closet Cleanse |
| Founded By | Alfiya & Sana Khan |
| Location | Bandra, Mumbai |
| Business Type | Thrift Store |
| Core Concept | Circular Fashion |
| Website | Visit here: https://bombayclosetcleanse.in/ |
Their commitment to ethical fashion sets them apart. They blend affordability with sustainability. By choosing BCC, customers can shop guilt-free.
How Did Bombay Closet Cleanse Start?
The idea started with a simple garage sale. It later expanded into a growing business. In 2020, the founders leveraged Instagram to reach more people. The thrift store gained popularity with eco-conscious shoppers.
Their platform allows people to declutter sustainably. Customers can donate, swap, or sell used clothing. This prevents waste and promotes mindful shopping. Their initiative supports a circular economy.
Ownership & Founders
BCC is led by two passionate entrepreneurs. Alfiya and Sana Khan bring different skills to the table. Their combined expertise helps drive the brand forward.
- Alfiya Khan – Holds 40% equity, with a background in mass communication.
- Sana Khan – Holds 60% equity, a dentist turned CEO of the company.
They balance creativity with business acumen. Their goal is to make sustainable shopping more widespread. Their leadership has helped BCC gain recognition.
Business Model: How Does BCC Work?
Bombay Closet Cleanse follows a circular economy model. It extends clothing life through resale. Customers can shop, swap, or sell clothes. They focus on affordability and sustainability.
Revenue Streams
- Selling second-hand clothes at budget-friendly prices.
- Offering rentals for one-time-use fashion.
- Providing closet clean-up and wardrobe organization.
- Hosting sustainable fashion events.
The business promotes waste reduction. Their stores cater to eco-conscious buyers. They create value by reselling quality fashion.
Products & Services
BCC offers more than just clothes. They provide services that encourage a circular fashion economy. Their offerings make sustainable shopping easier.
| Service | Description |
| Shop | Buy stylish, pre-owned fashion. |
| Swap | Exchange clothes with other customers. |
| Sell | Earn money by selling used clothes. |
| Closet Cleanup | Organize wardrobes sustainably. |
| Rentals | Rent clothing for special occasions. |
These services encourage mindful fashion choices. Customers can refresh their wardrobes without waste. Their platform supports affordable and ethical fashion consumption.
Bombay Closet Cleanse on Shark Tank India
BCC pitched their business on Shark Tank India – Season 3, Episode 49 in March 2024. They sought funding to scale their operations.
Investment Ask:
- ₹1 Crore for 2.5% equity.
- Valuation: ₹40 Crore.
Sales Performance:
| Financial Year | Sales (₹ Crore) |
| FY22-23 | 1.9 |
| FY23-24 (Till Oct) | 1.5 |
| Projected FY23-24 | 2.5 |
Why No Deal? Sharks cited scalability concerns. They were unsure about inventory management. Some found the valuation too high. As a result, no investments were made.
Sharks’ Decision Analysis
The Sharks had mixed opinions about the business. While they appreciated the sustainability aspect, they had reservations. They questioned the long-term scalability of the brand.
| Shark | Decision | Reason |
| Aman | Rejected | Concerns over scalability. |
| Azhar | Rejected | Questioned market demand. |
| Vineeta | Rejected | Negative cash flow issues. |
| Peeyush | Rejected | Advised focusing on team growth. |
| Anupam | Rejected | Doubts over business vision. |
The feedback highlighted key areas for improvement. The founders were encouraged to refine their strategies. By addressing these concerns, they can enhance their business model for future growth.
Despite the rejection, their Shark Tank appearance was valuable. It gave them exposure and helped validate their concept. With the right adjustments, they have strong potential for success.
Frequently Asked Questions (FAQs)
Q1. What makes Bombay Closet Cleanse different from other thrift stores?
Ans. BCC focuses on circular fashion and sustainability. They offer a shop, swap, and sell model. This encourages reusing and recycling clothing.
Q2. Can I sell my clothes to Bombay Closet Cleanse?
Ans. Yes. Customers can sell gently used clothes. The store curates high-quality items for resale.
Q3. Does Bombay Closet Cleanse have an online store?
Ans. Yes. They have a website where customers can shop and explore their services.
Q4. How does swapping clothes work?
Ans. Customers can bring their old clothes and exchange them for new ones. This helps keep fashion waste minimal.
Q5. What is the future plan for Bombay Closet Cleanse?
Ans. They plan to expand to new cities. They also aim to improve online sales and partner with sustainable brands.
Conclusion
Bombay Closet Cleanse is reshaping fashion sustainably. Though they missed a Shark Tank deal, their vision remains strong.
With a growing community and a unique model, they can expand further. They make fashion ethical and affordable. Their platform is perfect for mindful shoppers.
For more details, visit Bombay Closet Cleanse.
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