In this episode of Shark Tank India Lil Goodness, unique haldi chocolates present the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Company name
Lil Goodness
Founders
Damanbir Singh and Harshvardhan
Ask
₹1 crore for 1% equity
Lil Goodness Founder
Damanbir Singh and Harshvardhan are the founders of the company. Damanbir is from Chandigarh and Harshvardhan is from Kerala. Harshvardhan and Peyush were classmates during school. Damanbir holds 8% equity and Harshvardhan holds 24% equity of the company.
About the Company Lil Goodness
Lil Goodness products are made from ethnic traditional ingredients such as teff from Africa, turmeric from India and special plant fiber of chicory roots. These products are blended with everybody’s favorite chocolate. Lil goodness is made from the fusion of traditional and modern components. The goodness of their different products are,
Prebiotic milk chocolate has turmeric and 35% less sugar. The cumin part of turmeric is extracted and masked under the chocolate.
They use 100% cocoa butter in their products.
Teff puff contains 23% teff, 23% quinoa and 45% supergrains.
Oats milkshakes contain 50% less sugar.
The company was launched in March 2020.
Ask by the Owner Lil Goodness
The owners ask for 1 crore for 1% equity of the company at the valuation of 100 crores.
Lil Goodness Sales And Revenue
The price point of chocolates is ₹20.
Monthly sales is 1.45 crores. Out of total sales 60% comes from chocolates, 20% comes from milkshakes 15% comes from tuffs and 5% comes from milk mixes.
Gross margin in chocolates is 69%, in milkshakes it is 64%, in puffs it is 70%, in milk mixes it is 59%. Blended gross margin is 66%. Monthly burn is 30 lakhs.
Out of total monthly expenses of 1.56 crores, 47 lakhs is COGS, logistics cost 23 lakhs, marketing cost is 19 lakhs, salaries is 27 lakhs, distribution cost is 12 lakhs, one-off expenses is 25 lakhs.
They have raised 11.5 crores fund till now and 48% equity is diluted.
Offers and Counter Offers
Peyush gave an offer of 50 lakhs for 1% equity and 50 lakhs debt at 12% interest rate.
Owners gave a counter offer of 50 lakhs for 1% equity and 50 lakhs debt at 10% interest rate.
Lil Goodness Final deal
The final deal was closed with Peyush for 50 lakhs at 1% equity and 50 lakhs debt at 10% interest rate.
In this episode of Shark Tank India Bottom Line Sprays, portable jet spray presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Adil Attarwala and Prathana Shah. They are from Ahmedabad.
Adil is doing his master degree from a university in London and Prathana is doing her master degree from Milano in Milan.
About the company Bottom Line Sprays
When you go outside you pack everything but when it comes to the story of latrine you can’t carry your favorite hand jet spray which gives you the ultimate satisfaction. So in order to solve this problem they have invented portable hand jet spray. Bottom Line Sprays sell portable jet spray which have a capacity of 1.5 liters. The flow of water works on gravity. They have launched their products in the year 2019 and sold around 7000+ units. Their products are available on Amazon and their own website. The MRP is 2000 rupees and selling price is 1400 rupees after allowing discount.
Ask by the Owner Bottom Line Sprays
The owners ask forward 35 lakhs for 5% equity of the company.
Bottom Line Sprays Sales And Revenue
On October 22 the sales were 2.2 lakhs rupees and in Aug’22 the sales were 11 lakhs rupees.
In this episode of Shark Tank India Same Notification, a notification tracking app presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Company name
Same Notification
Founders
Ilesh Sharma
Ask
₹25 lakhs for 15% equity
Same Notification Founder
Ilesh Sharma is the founder of the company. He is from Ahmedabad. He is an automobile engineer. In 2013 he worked as a certification executive. He joined CarDekho in 2019. Initially you opened a roadside momo food stall.
About the Company Same Notification
Nowadays parents provide their children with smartphones. One reason for this could be studying and doing research. But a study reveals that the majority of time used by children on phones is in social media and playing games. And parents really wanted to know about the notifications on their child’s phone. Notifications from different social media accounts from a child’s phone will reach their parent’s phone without any delay in real time. Same notification is an app that allows you to send the notification from one phone to another phone. Details such as sender’s name, message details and message delivery time are also displayed. His vision is to create this app as a benchmark in notification sharing.
Ask by the Owner Same Notification
The owners ask for 25 lakhs for 15% equity of the company.
Same Notification Sales And Revenue
The business is at a very early stage and no discussions on sales and revenue were made.
In this episode of Shark Tank India Rubans,a trend-setting fashion jewelry brand presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Company name
Rubans
Founders
Amit Kala and Chinu Kala
Ask
₹ 1.5 cr for 0.5% equity
Rubans Founder
Amit Kala and Chinu Kala. They are from the garden city Bangalore.
Chinu has to leave her home because of several issues. She struggled for a living. In 2002 when she got into customer care service at Tata Indicom there she met Amit.
Amit has worked for ESPN and star sports for 11 long years in the distribution field. From 2011 to 2020 he worked for Viacom 18. Then he joined Chinu full-time.
About the Company Rubans
Life is magical and beautiful. But it felt heavy for the owner when she left home with only 300 rupees in hand. Her life was wrapped in darkness. Then she realized that a small piece of jewellery can change the look of a person. At that time the jewellery market was cluttered to a vast extent. On one end there was premium jewellery and on the other end, there was cheap imitation jewellery. So to solve this problem she found Rubans. Rubans is a high quality, high design and trend-setting fashion jewellery brand. Today Rubans is India’s fastest-growing jewellery brand. They started in the year 2014 and have served 25 lakhs, of customers. Their products are Indian made. Their hubs are extended majorly to small villages in Kolkata, Mumbai, and Delhi and the maximum is Rajasthan. They have 80% of their design and 20% curated design. Their repeat rate is 30%. They are bootstrapped. 40% of the customers in Myntra search by their brand name. They have an average of 3800 searches and 15000 orders per month. Their products have an average rating of 4.5-4.8.
Chinu and her mother have 81% equity and 19% with the Myntra accelerator program.
Ask by the Owner Rubans
The owners ask for 1.5 cr. for 0.5% equity of the company.
Ruban Sales And Revenue
Lifetime sales are around 200 crore. In FY 20-21 the sales were 29.7 crore rupees and in the financial year 21-22, the sales were 51 crore rupees. Their projected sales are 65 crore at the end of this year. The projected EBITDA is 15%. 75% of their business is from Myntra and 25% is from their website and marketplaces. Their ASP is 800 rupees with a gross margin of 70%.
In this episode of Shark Tank India SoulUp, a peer to peer network presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Company name
SoulUp
Founders
Punita Mittal and Mahak Maheshwari
Ask
₹ 50 lakhs for 3% equity
SoulUp Founder
Punita Mittal and Mahak Maheshwari . They are from Bangalore.
Punita has been connected with the mental health sector for 10 years. She has worked in Healthify for 4.5 years. She was working there as head of Research and AI. She is a Delhi IITian.
Mahak is a Bombay IITian. She has worked with a consulting company. She also worked for a D2C snacks brand and woman mental health care company.
About the Company SoulUp
Emotional problems are a serious issue among human beings and we feel lonely at the time of emotional damage and fear to share the feelings of being judged. So this is gonna be ended soon as the pitchers have come up with an idea, SoulUp. SoulUp is a peer-to-peer connect network where one can solve the problem by connecting with a human being facing the common issues on this platform. The solution is applicable for those who has :
Attention Deficit Hyperactivity Disorder (ADHD).
Bipolar Disorder
Depression
Everyday life issues.
They are available across the website only. They have 9 key categories. They are available in 21 languages. They have completed 700 conversations till date. The charge for a 45 minute video conversation is 99 rupees. They have 200 registered peers till date.
Ask by the Owner SoulUp
The owners ask for 50 lakhs rupees for 3% equity of the company.
Group conversation which is 500 rupees per user per session.
They are giving 50% to the facilitator.
Offers and Counter Offers
Anupam and Vineeta together offer 50 lakhs for 20% equity in the company.
Namita gave two offers:
50 lakhs for 20% equity.
25 lakhs for 10% equity and 25 lakhs debt.
Aman and Amit together offer 50 lakhs rupees for 15% equity. Namita matches the offer of 50 lakhs for 15% equity. Anupam and Vineeta also match the offer of 50 lakhs for 15% equity.
Punita and Mahak counters offer 50 lakhs for 5% equity.
Namit revised the offer for 50 lakhs in exchange of 10% equity. Aman and Amit together counter offer 50 lakhs for 9%. Anupam and Vineeta together offer 50 lakhs for 10%. Namita matches the counter offer of the pitchers for 50 lakhs in exchange of 5% equity.
In this episode of Shark Tank India The Big Book Box And Chapter One Books, a solution for readers presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Company name
The Big Book Box And Chapter One Books
Founders
Surabhi Ranjan Rai and Desh Deepak Singh
Ask
₹50 lakhs for 8% equity
The Big Book Box And Chapter One Books Founder
Surabhi Ranjan Rai is of 26 and is from Gopalganj and Desh Deepak Singh of 26 and is from Mirzapur.
About the company The Big Book Box And Chapter One Books
There was a girl who likes to read. She read everything starting from the newspaper to the ingredients of shampoo. But she had a shortage of story books. So this is the story of co-founder Surabhi. In order to solve this problem they came up with their company The Big Book Box And Chapter One Books. They have two versions of their company. One is chapter one books which is a platform where users are introduced to several gems of a book and are available at a low price for them. Another is Big book box which is a curated book box in which they bring the four new curated books every month for the users. They have delivered 70000+ orders and 3 lakhs books and merchandise. Their USP is they come out early to bring the USA ,UK books to the Indian readers at a reasonable price before other sellers make it available. The big book box have 4 categories :
Frappe – 1 book
Espresso – 2 books.
Cappuccino – 3 books.
Mocha – 4 books.
The cost of an Espresso pack is around 1899 rupees. They have subscription plans of 1 month, 3 months and 6 months. They have started a yearly subscription.
Ask by the Owner The Big Book Box And Chapter One Books
The owners ask for 50 lakhs for 8% equity of the company.
The Big Book Box And Chapter One Books Sales And Revenue
In the year 21-22 their realized revenue was 3.05 crore rupees and this financial year 22-23 till date the revenue is 1.4 crore rupees. Their projected sales this financial year is 4.5 crore rupees. Their gross profit was 1.05 crore rupees and net profit was 30-40 lakhs rupees. In the sales of 3.5 cr. rupees, 1.9 cr. came from The Big Book Box, 1.1 cr. came from Chapter One and 50 lakhs from the merchandise.
In this episode of Shark Tank India Brevistay, an hourly hotel booking services company presents the pitch. Will the founder get a deal from the sharks? To know about the agreement read till the end.
Aditya Naithani, Shubham Agrawal, Pratik Singh, Nikhil Kumar Pathak and Avnish Kumar are the founders of the company.
Aditya is from Dehradun and has completed b.tech from Amity. He has done MBA and did a digital marketing job for 8 months. Currently he is working as chief marketing officer of Brevistay.
Shubham is from Nainital. He has done a B.tech in electrical engineering from Chandigarh University. He worked with various companies like Cognizant. Currently, he is working as a chief financial officer of Brevistay.
Pratik has done engineering from Amity. Aditya was his classmate. He is the CEO of Brevistay.
Nikhil is from Lucknow and he is 20 years old. He has done B.tech and worked as a software engineer for 2 years. He is currently working as CTO of Brevistay.
Avnish has done B.Tech in computer science. Currently he is working as COO of Brevistay.
About the company Brevistay
It isn’t easy to get hotels for a few hours. Brevistay optimizes the use of hotel rooms. By using the app and website of Brevistay one can book 4 star and 5 star hotels on the basis of hours used at affordable prices. They provide hotel rooms 3 hours, 6 hours and 12 hourly. All their hotels are genuine and provide good services. All the hotels contain AC TV and Wi-Fi. They started the company in 2016. Initially they worked with 5 cities and now have spread to 70 cities with more than 3200 hotels. They have more than 10 lacs app downloads and 8 lacs bookings. They are India’s largest hourly room provider service-giving company. Their vision is to optimize the hotel rooms properly and make Brevistay the biggest platform for flexible hotel booking. Their major hotels are present in metros. Recently they have started to expand tier 2 and tier 3 cities.
Ask by the Owner Brevistay
The owners ask for ₹1 crore for 1.66% equity of the company at the valuation of 60 crores.
The average booking price for 3 hours is ₹800. Their gross merchandise value is ₹18 crores. Their commission is 3.04 crores. Their take rate is 17%. In FY 21 to 22 profit before tax is 16 lakhs. Last month’s sales were 42 lacs. Last month GMV was 2.4 crores. The market size of hourly hotels is 35 to 40 crores.
Offers and Counteroffers
No offers were given as all the sharks stepped out of the deal.
In this episode of Shark Tank India The Health Factory, a healthy protein bread manufacturing company presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Company name
The Health Factory
Founders
Vinay Maheswari and Mohit Sankhala
Ask
₹75 lakhs for 2.1% equity
The Health Factory Founder
Vinay Maheswari and Mohit Sankhala are the founders of the company. Vinay is 31 years old and Mohit is 29 years old. They are cousins. Vinay has completed MBA from Symbiosis Pune whereas Mohit has completed his graduation. Vinay holds 74.7% and Mohit holds 2% of the company.
About the company The Health Factory
India is a diverse country and so many dishes are made in different parts of it. Among all these varieties, one common food is there that connects everyone. This is bread. Be it a sandwich or Shahi tukra, everything contains bread. With the help of international technologists, they have made India’s first protein bread. Their unique selling propositions are,
300% more protein
20% less cars
low fat
low sugar
Zero cholesterol
No trans fat
They are available in more than 100 retail stores in Mumbai and Pune. They are also available in big marketplaces. Subscriptions are available through their website and fresh bread is delivered to the customer’s home. Their vision is to make The Health Factory as India’s biggest bread maker company. They started the company in 2018.
Ask by the Owner of The Health Factory
The owners ask for 75 lakhs for 2.1% equity of the company.
The Health Factory Sales And Revenue
A 250-gram bread packet cost ₹60. Indian market size for bread is more than ₹8000 crores out of which only 55% is from the organized sector. Sales in FY 19 to 20 is 75 lacs, in FY 20 to 21 it was 60 lacs, in FY 21 to 22 it was 90 lacs, in Q1 FY 22 to 23 it was 37 lacs, Q2 FY 22 to 23 projected sales is 70 lacs. The projected sales in FY 22 to 23 is 4 to 5 crores. The margin split is as follows,
32% is raw material and packaging cost
Manufacturing cost is 12%
The gross margin is 56%, out of this 13% is the delivery charge.
Marketing spend is 20% of sales.
Aug ’22 burn is 6 lakhs. The logistics cost is ₹18 per packet of bread. Wastage is 12% to 15%.
They raised 1.83 crores in May 2020 at a valuation of 12.5 crores pre-money.
In this episode of Shark Tank India VsnapU, a one-stop solution for all photographic needs presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till the end.
Company name
VsnapU
Founders
Taranbir Singh Sahani,Parminder Singh Sahani,Kaushik Singh and Anshu Sharma
Ask
₹ 50 lakhs for 1.5% equity
VsnapU Founder
Taranbir Singh Sahani,handles operations. Parminder Singh Sahani, strategic head. Kaushik Singh handles technology and Anshu Sharma looks after BDA and partnership.
Taranbir and Parminder are cousin brothers. Kaushik and Anshu have been very close friends for 10 years.
About the company VsnapU
When we buy anything on online marketplaces we see the pictures and then buy the product, when we order food we check the food images. There is no such renowned photography company. There is no option where you can book a photographer online. So VsnapU is a brand which provides a one-stop solution for all photography needs. The global photography market size is 2 lakh crores. They are available across 40 cities and 28 countries. They have completed 30000+ shoots by connecting with 1000+ photographers. Their vision is to organize this cluttered photography market. Taranbir and Parminder have equal equity shares, and Kaushik and Anshu have 5% equity each.
Their business model is both B2C and B2B.
Ask by the Owner VsnapU
The owner asked 50 lakhs rupees for 1.5% equity.
VsnapU Sales And Revenue
They have raised 2.1 crore rupees at a post-money valuation of 19.1 crore rupees in the year 2022. The monthly revenue is 15 lakhs rupees per month. They receive 40% and 60% goes to the photographer. They charge 1414 rupees per hour in India and in foreign countries their range varies from 7000-10000 rupees per hour.
In this episode of Shark Tank India The Plated Project, the crafted plates from artists present the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
Company name
The Plated Project
Founders
Chitresh Sinha
Ask
₹75 lakhs for 2% equity
The Plated Project Founder
Chitresh Sinha is the founder of the company. He was born in Goa but has been living in Mumbai for the last 15 years. He had studied engineering. He did his MBA and was interested in marketing. For the last 12 years he worked as a brand goals strategist.
About the company The Plated Project
In our country around 20 crores, people go to bed without any food. Among this population, many are children. One such child changed Chitresh’s life. Once he was going in a taxi, and he saw a small girl child sitting in rain and eating wet chapati. Hunger is still a bigger problem in India. After much research, he found that to solve this problem more than a money one needs to change their thoughts first. Chitresh was interested in art since his childhood. He thought of presenting his art on a plate. The categories are,
Decor- It can not be used for eating food
Dinnerware- Plates can be put into the microwave oven and dishwasher
Gifting- It includes candles. Along with various artists from around the world, they create such products.
10 meals are sponsored for every plate sold. Lifetime sales are 30k plates. They have sponsored 5.5 lakhs meals. His vision is to increase this number to 25 lakhs till 2025.
Ask by the Owner The Plated Project
The owner asked for 75 lakhs in exchange of 2% equity of the company at the valuation of 37.5 crores.
The Plated Project Sales And Revenue
The price of a plate with engraving is ₹2499 and without engraving, it costs ₹2199. Last month’s sales were 40 lacs. FY 21 to 22 EBITDA is 15%. Last month’s profit was 2.5 lacs. Out of the total sales split 90% comes from decor and the rest 10% comes from the dinnerware and gifting category. In FY 22 to 23 the expected sales split is 70% from decor, 20% from dinnerware and 10% from candles and other gifting products. In FY 23 to 24 the expected sales split is 50% from decor, 33% from dinnerware and 17% from candles and other gifting products. The company is completely bootstrapped.
Anupam gave an offer of 75 lakhs for 5% equity.
Namita gave an offer of 30 lacs for 1% equity and 45 lakhs debt at 12% interest rate.
Aman and Veenita give a combined offer of 75 lakhs for 5% equity.
The owner gave a counteroffer of 1.5 crores for 5% equity.
Anupam stepped out of the deal.
Later, Veenita, Aman and Namita gave a combined offer of 75 lakhs for 3.75% equity.
The Plated Project Final deal
The final deal was closed with Veenita, Aman and Namita for 75 lakhs at 3.75% equity.
