Brandsdaddy Shark Tank India Season 2 Episode 4

shark tank india season 2 brandsdaddy

Brandsdaddy Shark Tank India Seaason 2

Company Name Brandsdaddy
Founders Roshaan Vivekanand Mishra and Annkita Roshaan Mishra
Ask ₹70 lakhs for 5% equity

Founders of Brandsdaddy

Roshaan Vivekanand Mishra and Ankita Roshaan Mishra are the founders. Previously Roshan used to work as an insurance policy salesman.

About the Company Brandsdaddy

Brandsdaddy AFE is an auto fire extinguisher ball. The product can be used by people of any age group without any training. Its shelf life is 5 years, has zero maintenance cost, and is a portable device. This is a completely made-in-India product. Their product is used by the government, schools, hospitals, corporates, fire brigade stations, BSF, and even insurance companies. Their mission is to extinguish fire before first responders and avoid any mishap.

Gear Heads Motors Shark Tank Season 2

Ask by the Pitchers of Brandsdaddy

The founders made an ask of ₹70 lakhs for 5% equity of the company at the valuation of ₹14 crores.

Other Information About the Company

The monthly sales are ₹12 lakhs. In FY 20-21 sales were ₹51 lacs and in FY 21 to 22 the annual sales were ₹1.45 crores. The gross margin is 60% and the net margin is 10%. The B2B average selling price is ₹1000 to ₹1500. The product MRP is ₹5000.

Offers and Counter Offers

Namita gave an offer of 35 lakhs for 5% equity of the company and ₹35 lakhs debt at 12% interest at the valuation of 7 crores.
The founders give a counter offer of ₹50 lakhs at 5% equity and 20 lakhs debt at 12% interest rate at the valuation of ₹10 crores.

Final Deal of Brandsdaddy

The final deal was closed with Namita for ₹35 lakhs for 5% equity and 35 lakhs at 12% interest and the valuation of 7 cores.

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