Yash Gangwal is a renowned entrepreneur and the founder of Urban Monkey, a leading streetwear brand in India. He gained widespread recognition after appearing on Shark Tank India. Despite not securing a deal on the show, Urban Monkey has continued to thrive and grow under his leadership.
Yash Gangwal Bio/Wiki
- Full Name: Yash Gangwal
- Date of Birth: Not publicly available
- Age: Early 30s (estimated)
- Place of Birth: Hong Kong
- Nationality: Indian
- Ethnicity: Indian
- Religion: Not publicly available
Early Life and Education
Yash Gangwal was born and raised in Hong Kong. He developed a passion for skateboarding at the age of 12, which later influenced his entrepreneurial journey. Yash moved to India around eight years ago and pursued a Bachelor of Commerce degree from the Swinburne University of Technology.
Family and Personal Relationships
Yash Gangwal’s parents still reside in Hong Kong. Details about his siblings or other family members are not publicly disclosed. Yash maintains a private personal life, and there is limited information about his relationships.
Career
Yash Gangwal founded Urban Monkey in 2014 in Mumbai, India. The brand was initially created to cater to the skateboarding and hip-hop culture in India, offering a wide range of streetwear products such as caps, beanies, sunglasses, skateboards, and apparel. Urban Monkey quickly gained popularity, especially among celebrities like Rannvijay, Raftaar, and Divine.
Urban Monkey’s Shark Tank India Pitch
Yash appeared on Shark Tank India, seeking ₹1 crore for a 1% equity stake, valuing his company at ₹100 crore. Although he did not secure a deal, the brand continued to grow independently. The Sharks had concerns about the broad range of products and inventory management, which led to their decision not to invest.
Awards and Achievements
While Yash Gangwal and Urban Monkey have not received specific awards, the brand’s rapid growth and popularity in the competitive fashion industry highlight its success.
Yash Gangwal’s Net Worth
As of 2024, Urban Monkey has a net worth of approximately ₹50 crore according to Geeksaroundglobe. The company’s annual revenue stands at ₹10 crore. Despite the lack of a Shark Tank deal, Urban Monkey continues to be profitable and expand its product line.
Social Media Presence
Urban Monkey is highly active on social media, boasting over 550,000 followers on Instagram. The brand engages with its audience through strategic collaborations and influencer partnerships, which have significantly contributed to its popularity.
Hobbies
Yash Gangwal is passionate about skateboarding and hip-hop, both of which heavily influence the Urban Monkey brand identity.
Favorite Things
Details about Yash’s favorite books, music, or movies are not publicly available.
Interesting Facts
- Urban Monkey was established to fill a gap in the Indian market for streetwear catering to skateboarders and hip-hop culture.
- Despite the setback on Shark Tank India, the brand has continued to grow, leveraging its loyal customer base and celebrity endorsements.
Frequently Asked Questions
Q: Did Urban Monkey secure a deal on Shark Tank India? A: No, Urban Monkey did not secure a deal on Shark Tank India, but it has continued to grow and expand its product offerings independently.
Q: What is Urban Monkey’s net worth? A: As of 2024, Urban Monkey’s net worth is ₹50 crore.
Q: Who are some of the celebrities associated with Urban Monkey? A: Celebrities like Rannvijay, Raftaar, and Divine have been associated with Urban Monkey.
Conclusion
Yash Gangwal’s journey with Urban Monkey exemplifies resilience and innovation in the entrepreneurial world. Despite not securing a deal on Shark Tank India, his brand continues to make significant strides in the streetwear fashion industry, resonating with a youthful and vibrant audience. Urban Monkey’s future looks promising as it continues to expand and adapt to emerging fashion trends.
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