Company name | The Yarn Bazaar |
Idea | Yarn-Trading App |
Original Ask | ₹50 lakhs for 2% equity |
Deal Closed | ₹1 crore for 10% equity |
Investment | Ashneer Grover, Anupam Mittal, Aman Gupta, and Peyush Bansal |
Introduction: A Highlighted Amongst Shark Tank India Products
The Yarn Bazaar has stood out among many of the innovative Shark Tank India products. This unique yarn trading app offers a streamlined solution for textile industry by connecting buyers and sellers in a safe and efficient marketplace. The show gave it a huge investment which helped in the next step of its development.
The Shark Tank Pitch: From Ask to Deal
Yarn bazaar entered the shark tank with a clear vision. In exchange for 2% equity, founder Pratik Gadia initially asked for ₹50 lakhs. But this yarn trading app’s potential led to heated discussions. Finally, with Ashneer Grover, Anupam Mittal, Aman Gupta and Peyush Bansal investing in it, the deal was sealed at 1 crore rupees for 10% equity. It showed that sharks have faith in this app’s future as an integrated platform for yarn trade, funding and logistics.
Post-Investment Growth: A Market Disruptor
Since appearing on Shark Tank India, The Yarn Bazaar has experienced tremendous growth. With over 1,000 registered users now using the app and over ₹400 crores traded so far through yarn trades, it is one of the most successful Shark Tank India products ever, changing how textile business operates today.
Conclusion: A Bright Future for The Yarn Bazaar
The innovation and deliberate investments behind The Yarn Bazaar, as a yarn-trading app on Shark Tank India had proved successful.. As this platform expands further; it is poised to be more disruptive in the textile market hence among top Shark Tank India products too.