Episode 15, aired 9 Feb 2024

Nasher Miles

Travel Bags

Did the deal close?

Nothing on record yetStill trading

We looked and found nothing either way. Indian filings can take 12 to 18 months to show up. This is not a sign that the deal fell through.

Trading: Still trading · Statutory filing in the last 24 months (thecompanycheck.com, 11 Sept 2026)

What we found: An old 1990 entity carrying the brand, revenue INR 167.79 Cr in FY2024, so a INR 3 Crore cheque for 1.5% is plausible. One director, Shruti Kedia Daga, joined 2024-06-14, four months after the air date, but she shares the founders' surname and is not designated a nominee, so this reads as a family appointment rather than an investor seat. A separate Nasher Miles Ventures LLP also exists. Confidence: medium.

Sources

Checked

11 Sept 2026

History

Know what happened? Email corrections@afterpitch.club with a link and we log it within a week.

Asked for: ₹ 3 Crores for 0.75% Equity
Deal as aired: ₹ 3 Crores for 1.5% Equity + 1% Royalty until 3 Crore is Recouped
Sharks in the deal: Aman Gupta Ritesh Agarwal Vineeta Singh Namita Thapar Anupam Mittal
Sharks on the panel: Aman Gupta, Ritesh Agarwal, Vineeta Singh, Namita Thapar, Anupam Mittal
On-air amount: ₹3 crore

Legal entity: Nasher Miles Private Limited
CIN: U51900MH1990PTC055458
Registry status: Active
Incorporated: 15 Feb 1990
Paid-up capital: ₹1.07 crore
Last AGM: 30 Sept 2025
Directors added after the air date: Shruti Kedia Daga (Director, 2024-06-14)
Charges: INR 24 Cr open, registered 2021-08-27, The Hongkong and Shanghai Banking Corporation Limited; INR 15.84 Cr satisfied
Source: thecompanycheck.com

Every source we opened for this company, with the date we saw it.

Date	Kind	Source	What it shows
11 Sept 2026	registry	thecompanycheck.com	Active, incorporated 1990-02-15, ROC Mumbai, authorised INR 1.75 Cr, paid-up INR 1.07 Cr, AGM 2025-09-30, balance sheet 2025-03-31, directors Abhishek Maniklal Daga and Lokesh Daga (2017-06-01) and Shruti Kedia Daga (2024-06-14), open charge INR 24 Cr HSBC registered 2021-08-27.

Operating-status evidence tier 2: Statutory filing in the last 24 months.

Also in episode 15