Desi Toys Shark Tank India Season 2 Episode 28

Desi Toys shark tank

Shark Tank Desi Toys

In this episode of Shark Tank India Desi Toys, a toy company that wants to make playtime educational by creating toys presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till the end.

Company name Desi Toys
Founders Swapna Soham Wagh
Ask ₹ 50 lakhs for 3% equity

desi toys shark tank

Buy Now Desi Toys

Desi Toys Founder

Swapna Soham Wagh is from Mumbai. She is an MBA graduate with a marketing specialization. She has also done retail specialization from IIM Calcutta.

About the company Desi Toys

Childhood in the previous era was so exciting and children used to learn things from toys like the steamer which runs on water tells about physics laws. So in order to bring those old days back to our gen Z era Desi Toys was founded. Desi Toys is an Indian toy brand that brings timeless toys to our current generation and has given an Indian touch to it. They have the toys like

● Snake and Ladders
● Mahabharat Pachisi
● Ramayana Chauka Bara etc.

They offer employment to local artisans and their products are 100% Indian-made. They are available on their own website, in marketplaces like Amazon, Flipkart, and Firstcry, and also in retail stores. The vision is to make an exciting toy brand for children. All products are quality tested. The price of the products starts from 199 rupees to 3999 rupees. The average price of the product is 500 rupees.

Ask by the Owner of Desi Toys

Pitchers asked 50 lakhs for 3% equity.

Desi Toys Sales And Revenue

In the financial year 17-18 the sales were 40 lakhs rupees, in the financial year 18-19 the sales were 60 lakhs rupees, in 19-20 the sales were 75 lakhs rupees, in the financial year 20-21 the sales were 61 lakhs rupees and in the financial year 21-22 the sales were 1.15 crore rupees. Last month the sales was 20 lakhs rupees and projected sales this year is 2.5 crore rupees. 80% of their sales are from B2B, 3% from D2C, and the rest 17% from marketplaces. Overall gross margin is 50% and from D2C and marketplaces, it is around 65% to 70%. The net profit is around 3.5 lakh rupees per month.

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Offers and counter offers

Amit offers 20 lakhs rupees for 20% equity and 30 lakhs debt.
Pitcher counter offers 20 lakhs for 5% equity and 30 lakhs debt

Desi Toys Final deal

No deal was finalized with the sharks.

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