Shark Tank Ghar Soaps
| Company name | Ghar Soaps |
| Founders | Sayyam Jain and Sunny Jain |
| Ask | ₹60 lakhs for 2% equity |
Ghar Soaps Founders
Sayyam Jain and Sunny Jain are the founders of the company. Sayyam is 21 years old and Sunny is 28 years old from Pune.
About the company Ghar Soaps
Ghar Soaps is a unique skincare brand. It is a unique fusion of Ayurveda and Science such as haldi, Kesar, and other antimicrobial agents like salicylic acid and nicotinamide. They have a range of skincare, body care, and hair care products. The products can be bought from their website and online apps. Their vision is to take the fusion of Ayurveda and modern technology to the world.
Ask by the Owners Ghar Soaps
The pitchers made an ask of ₹60 lakhs for 2% equity of the company at the valuation of ₹30 crores.
Ghar Soaps Sales And Revenue
The projected sales on August 22 is 1 crore. On July 22 sales were 80 lakhs. In FY 22-23 first-quarter sales were 1.5 crores. Profit is ₹15 lakhs. 25% of total revenue is spent on Marketing. They spend 70% on performance marketing and 30% on influencer marketing. Both founders have 50% of the equity share each. Out of total sales, 70% comes from their own website and 30% comes from the marketplace.
Shark Tank India Daily Dumps
Offers and counter offer
Peyush and Anupam give an offer of 60 lakhs for 10% equity of the company at the valuation of 6 crores.
Aman gave an offer of 60 lakhs for 10% equity of the company at the valuation of 6 crores.
The founders gave a counteroffer of ₹1 crore for 5% equity of the company at the valuation of ₹20 crores.
Aman revised his offer to 60 lakhs for 4% equity of the company at the valuation of 15 crores.
Peyush and Anupam revised their offer to 60 lakhs for 4% equity of the company at the valuation of 15 crores.
Ghar Soaps Final Deal
The final deal was closed with Aman at 60 lakhs for 4% equity of the company at the valuation of 15 crores.