Cobblers Cartel, a premium footwear startup founded by Jibran and Shayan, specializes in high-quality, handcrafted shoes catering to a niche market that values craftsmanship and exclusivity. On Shark Tank Pakistan, the brand raised Rs. 85 lacs from Shark Usman Bashir, securing 20% equity and 80% royalty on profits.
Since 2018, the company has generated Rs. 11 crore in revenue, with Rs. 3 crore in 2024 alone, boasting a 52% gross margin and a 27% net profit. With a strong foundation and a clear focus on marketing and branding, Cobblers Cartel is poised for significant growth, showcasing the potential of luxury businesses in Pakistan.
