The BarberShop with Shantanu

33 VCs saying NO, being labelled FAKE to signing Diljit: The Incredible Story of Mokobara

Mar 21, 2025
Sangeet Agrawal, founder of Mokobara, and Navin Parwal, co-founder and CMO, share their inspiring journey of overcoming 33 rejections to build a thriving luggage brand. They discuss facing scrutiny for premium pricing and their bold marketing comeback with a special discount code. Joined by investor Manu Chandra, they explore the challenges of brand building in India, emphasize the importance of creating high-quality products, and reveal an exciting upcoming collaboration. Their story highlights resilience, innovation, and the drive to redefine travel for India.
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ADVICE

Brand Building through Consistency

  • Build a brand by focusing on a central theme and consistently reinforcing it.
  • Mokobara's "magic over mundane" thesis guides everything from product design to marketing messages.
ANECDOTE

Building Resilience

  • Mokobara's early struggles with the pandemic and fundraising strengthened their resilience.
  • This experience instilled a focus on profitability and efficient capital allocation.
INSIGHT

India's Travel Potential

  • India's travel market is still nascent, with a small percentage of the population holding passports or traveling internationally.
  • This presents a significant growth opportunity for brands like Mokobara.
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