Shark Tank Deyor
In this episode of Shark Tank India Deyor, an online platform for end-to-end booking services for vacation presents the pitch. Will the founder get a deal from the sharks? To know about the deal read till end.
| Company name | Deyor |
| Founders | Chirag Gupta and Himanshu Agarwal |
| Ask | ₹1 crore for 1% equity |
Deyor Founder
Chirag Gupta and Himanshu Agarwal are the founders of the company. They are from Gurgaon. They both are childhood friends and completed graduation in commerce from Delhi University.
About the company Deyor
There are two types of people who go on vacation, one who spends hours online and goes to different sides for flight booking, hotel booking, etc. The second type of person is one who gave this work to the local transport agent. Deyor is a platform where end-to-end booking services for vacations are available. Deyor is a WhatsApp-verified travel chatbot platform. The booking of any holiday can be done in three simple steps.
- First step is to interact with the chatbot by answering a few questions.
- Best of the answers, a personalized itinerary is mailed or sent through WhatsApp.
- The final step is to customize, make the final touches to the package, and book the holiday destination.
The company was started in 2016. Provide holiday experience in more than 15 countries. Indian outbound holiday market size is 3 lakh crores. Their vision is to remove the traveling agents from this process to provide the best traveling experience to the customers and redefine the traveling experience. Currently, 21 destination experts are working in the team.
Ask by the Owner Deyor
The owners made an ask of 1 crore for one percent equity of the company at the valuation of 100 crores.
Shark Tank Pabiben
Deyor Sales And Revenue
The conversion rate has increased and is currently 4.6%. The total amount of money raised to date is 6.5 crores. 1.6 crore was raised with 50 crore floor and a 70 crore cap in September 2021 and 2022. Equity held by both the owners is 70% and investors hold 30% equity. Last month’s sales were 1.75 crores. Sales in FY 22 to 23 quarter 1 is 4.4 crores. Their markup is 25%. Sales in FY 22 to 23 till date is 9 crores projected sales is 24 crores. The gross margin is 25%. The net margin is 5%.
Offers and counter offers
None of the sharks give any offers.
Deyor Final deal
No final deal was done.