Back

Shiv Bharankar

ย โ€ขย 

Medialย โ€ขย 3m

Indulge, which appeared on Shark Tank India, has a bold idea, making luxury experiences like private jets, fine dining, and travel easily accessible through one platform. They valued their business at 50cr and claimed to have 10,000 users, highlighting the potential in a global luxury market worth $1 trillion, growing at 5-6% annually. Their concept is exciting, but they need to refine a few things. First, trust is key in the luxury space. Partnering with iconic brands will help build credibility. Second, customer acquisition is expensive for them right now. A strong referral program could reduce costs and help them tap into the $20 billion concierge market. Scaling globally is a big opportunity, but they must maintain quality, starting in cities like Dubai or London, where luxury thrives. Adding new services like wellness retreats and improving their tech for personalized recommendations could set them apart.If they execute well, Indulge has the potential to lead the luxury space.

23 replies10 likes
3
Replies (23)

More like this

Recommendations from Medial

Image Description
Image Description

Vishnu dubey

CEO of @EliteSS | In...ย โ€ขย 3m

"Imagine a world where luxury is just a WhatsApp message away! โœจ Meet Indulge, a brand redefining luxury since 2015 for the worldโ€™s most elite clients. ๐ŸŒ From custom travel packages to private jet bookings and exclusive concierge services, Indulge

See More
3 replies4 likes
Image Description
Image Description

Arcane

Hey, I'm on Medialย โ€ขย 10m

ONE INTERESTING OBSERVATION SERIES DAY #16 Luxury goods consumers worldwide fall into five dominant groups, based on their motivations, profiles, values in luxury items, purchase reasoning, and age group. 1) Going Global: People in this group don

See More
7 replies11 likes
5
Image Description

Aarihant Aaryan

Prev- Founder & CEO ...ย โ€ขย 1y

Ethos a B2B "luxury" watch company does 1000 crore in revenue, their revenue comes from jus 500 ultra rich families. Their stock has gone 2.2x from their listing date :) The luxury market does exist in India.

1 replies12 likes
Anonymous
Image Description
Image Description

I voted for Luma Space Ig they have a great potential to become a billion dollar venture. What do you think who will won this month?

4 replies4 likes
Image Description
Image Description

Harish V G

Mapyourdiseaseย โ€ขย 7m

Need your feedback and suggestion. I'm building MapYourDisease, it is a platform where users can upload their genome sequences to receive a personalized polygenic risk score for various diseases they may be susceptible to in the future. It also provi

See More
3 replies2 likes
Image Description
Image Description

Tanvi Bharti

ย โ€ขย 

Medialย โ€ขย 5m

Going beyond the poor logo redesign, I feel like Jaguarโ€™s rebrand is unsuccessful because theyโ€™ve completely alienated their existing audience to pander to a demographic that most likely doesnโ€™t have the means to own a luxury car, and more importantl

See More
19 replies20 likes
7
Image Description
Image Description

Vishu Bheda

ย โ€ขย 

Medialย โ€ขย 5m

Burberry burned $36,500,000 of clothes in one year. Not because they couldn't sell them. Because they didn't want YOU to have them. The disturbing truth about luxury's dirtiest secret: In 2018, a shocking line appeared in Burberry's annual report

See More
9 replies19 likes
5
Image Description

Keshav Tayal

Founder, trnchย โ€ขย 4d

Everyone is building! Cool... But everyone is building alone. No one sees the doubt. the panic. the silence. Startups never die because they fail. They die because founders quit. Work gets stacked. Founders get burned. Then we act surprised wh

See More
1 replies17 likes
2
Image Description
Image Description

Rohan Saha

Founder - Burn Inves...ย โ€ขย 1y

I think the EV charging segment has a huge potential market in India, but there aren't many companies operating in this space.

9 replies12 likes

Aastha Anand

Startup | VC | Autom...ย โ€ขย 1m

The moment something shiny shows up on a different track people lose focus. They forget their why. They ditch the purpose. They chase dopamine. And thatโ€™s exactly why the focused ones win. Because while theyโ€™re distracted.. โ€จYou stay consistent.โ€จ

See More
0 replies9 likes
1

Download the medial app to read full posts, comements and news.