Shark Tank VsnapU
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.
|Founders||Taranbir Singh Sahani,Parminder Singh Sahani,Kaushik Singh and Anshu Sharma|
|Ask||₹ 50 lakhs for 1.5% equity|
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.
The Plated Project Shark Tank
Offers and counter offers
No sharks showed interest in the deal.
VsnapU Final deal
No deal was finalized with any sharks.