Season 1, episode 9
Kids Kit
كيدز كيت
Kids Kit (Kidzkit) is billed as the first online marketplace in Egypt and the MENA region for renting baby and children's gear, letting families rent used items for less instead of buying them new.
Watch the pitchThe founders asked
5M EGP
for 15% · valuation 33.3M EGP
The deal
5M EGP
Ayman AbbasEquity: 40%
In short: Kids Kit pitched in Season 1, episode 9. The founders asked for 5M EGP for 15%, valuing the company at 33.3M EGP. They walked away with a deal with Ayman Abbas: 5M EGP for 40%.
Overview
Kids Kit (Kidzkit) is billed as the first online marketplace in Egypt and the MENA region for renting baby and children's gear, letting families rent used items for less instead of buying them new. It also helps mothers earn a side income by renting out the gear their own children have outgrown. Founder Mariam El Shabakshy charmed the sharks from her opening and asked for EGP 5 million for 15%, leaving with a deal. She accepted Ayman Abbas's offer of EGP 5 million for 40%, paid over three years.
The pitch
Team and investors
After the show
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Frequently asked questions
What is Kids Kit?
Kids Kit (Kidzkit) is billed as the first online marketplace in Egypt and the MENA region for renting baby and children's gear, letting families rent used items for less instead of buying them new. It also helps mothers earn a side income by renting out the gear their own children have outgrown. Founder Mariam El Shabakshy charmed the sharks from her opening and asked for EGP 5 million for 15%, leaving with a deal. She accepted Ayman Abbas's offer of EGP 5 million for 40%, paid over three years.
Who founded Kids Kit?
Kids Kit was founded by Mariam El Shabakshy, who pitched it on Shark Tank Egypt.
When did Kids Kit appear on Shark Tank Egypt?
In Season 1, episode 9 (2023).
How much did Kids Kit ask for on Shark Tank Egypt?
5M EGP for 15%, valuing the company at 33.3M EGP.
Did Kids Kit get a deal on Shark Tank Egypt?
Yes, with Ayman Abbas: 5M EGP for 40%.
More questions (9)
Which shark invested in Kids Kit?
Ayman Abbas. Details →
What is Kids Kit's valuation on Shark Tank Egypt?
The final deal valued Kids Kit at 12.5M EGP, against 33.3M EGP in the founders' ask.
What is Kids Kit's website and social media?
On Instagram; links are on this page.
Where can I watch Kids Kit's pitch?
The pitch from Season 1, episode 9 is on YouTube: youtube.com/watch?v=OT5cXe3DcR4
How much equity did Kids Kit give up on Shark Tank Egypt?
40%, against the 15% offered in the pitch.
Did Kids Kit get what it asked for on Shark Tank Egypt?
It asked for 5M EGP for 15% and closed at 5M EGP for 40%, so the valuation went from 33.3M EGP to 12.5M EGP.
Which episode of Shark Tank Egypt was Kids Kit in?
Season 1, episode 9. Also in that episode: Peacock Designs, Career 180 and Skoolix. Details →
Which sharks did Kids Kit pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Kids Kit in?
Services. 18 other Services startups pitched on the show. Details →
Rating & comments
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