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.
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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.