From Pabiben’s Unique Designs To Improving Air Quality With Ubreathe

Founders of Pabiben.com, Homestrap, and Ubreathe snag a deal from the Sharks, and founders of Deyor pitch their travel chatbot that eliminates travel chaos!

Pabiben empowers local artisans and brings their art to the masses

Rabari embroidery is a type of handicraft that is distinct to the Rabari communities across Kutch to Rajasthan. With beautiful mirror work, aesthetic designs, and an exquisite choice of colors, this type of embroidery is handmade by local women. In previous times, there was a custom where women had to take embroidered pieces as dowry to their husband’s houses. This usually resulted in late marriages as women spend their time finishing work at their parents’ homes. However, to preserve this art, Pabiben joined the Rabari women’s work, soon becoming known as a master artisan.

Applying for machine work with a ready-made element called Hari Jari, she made a shopping bag known as the Pabi bag. With the help of Nilesh Priyadarshi, the manager of Kala Raksha, Pabiben began her business. Building an online platform to bring local artisan designs directly to consumers, Pabiben.com and kaarigar clinic help turn artisans into entrepreneurs. Moreover, on the platform, local artisans from villages can sell their handicrafts and designs all over the world. Additionally, they also have an initiative, Kaarigar clinic which helps & guides these artisans in developing their brands. Moreover, their other initiative is known as Kaarigar ki Dukaan, which is a permanent marketplace for artisans who are turning into entrepreneurs. They have over 500 SKUs, and 2 crores in lifetime sales. In the last FY21-22, they have 36L in sales with a net profit of 35%.

A Heartfelt Investment

Asking for an investment of 50L for 5% equity @ 10cr valuation, Pabiben receives an offer from Shark Namita. She offers a deal of 5L for 2% equity @ a 2cr valuation & 45L in interest-free debt. Countering this offer with 10L for 5% equity @ a 2 crore valuation & 45L in interest-free debt, Shark Namita seals the deal.

Homestrap bags an investment with Anupam

A home is the reflection of its owner, as they say. However, managing and keeping cupboards and the kitchen organized is chaotic. Bringing you some peace from organizing your cupboards every week, Homestrap was started by Akash and Priyanka Mehta. Moreover, organizing home products using their solutions lessens the load on families and gives a sense of independence. Available on their website and various e-commerce marketplaces, they have over 15L customers. Based in Indore, they have Rs. 17.2 crores in sales in FY21-22 with a projection of 22 crores in FY22-23.

Homestrap seeks an investment of 70L for 1% equity @ a 70cr valuation. Shark Anupam offers them 50L for 10% equity @5cr valuation & 20L debt @10% interest. Countering with 50 Lakhs for 7% Equity & ₹20 Lakhs Debt @10% interest, Homestrap seals the deal with Anupam.

Ubreathe’s attempt at improving air quality

Across the world, air quality has deteriorated excessively over the years. The leading causes are pollution, industries, and deforestation. However, bringing you a sustainable solution, Sanjay Misra & Shubham Singh developed Ubreathe. This Plant-based Smart Air Purifier brings you the freshness of 100 trees with its breathing root technology. They have 3 variants in their range, mini 5k, life 40k & wall, which depend on the size of the wall. Moreover, with 1000 customers, Ubreathe is available on their website or e-commerce marketplaces. Additionally, their technology is backed by IIIT Ropar and 27L in sales year to date. Projecting 50L in sales in FY22-23, Ubreathe aims to enable consumers to improve their air quality in a sustainable manner.

Asking the tank for an investment of 1.5cr for 7.5% equity @ a 20cr valuation, Shark Namita offers Ubreathe a deal. With a 10cr valuation, Namita offers the founders a deal of 50L for 5% equity & 1cr debt @10% interest. Although the founders counter, they seal the deal with Namita’s original offer.

Deyor’s travel bot eliminates travel chaos

Booking a trip is cumbersome due to the multitude of platforms that exist for booking various activities, flights, and rooms. Bringing you an end-to-end solution to plan a holiday, Deyor’s travel chatbot solves this chaos. There are 3 steps, 1: interact with the chatbot; 2: get a personalized itinerary; and 3: customize & book your holiday. It’s that simple. Beginning in 2016, the founders Himanshu and Chirag understood the gap in itinerary planning in the 3L crore India outbound market. Moreover, with a 4.6% conversion rate, Deyor has 21 destination experts and has 9 crores in sales year to date. Previously raising Rs. 1.6 cr @ 50cr floor & 70cr ceiling in funding, Deyor has a 24 cr projection in FY22-23.

Seeking an investment of 1cr for 1% equity @ a 100cr valuation, the founders of Deyor do not receive any offers.

Previously On The Tank: Balance Bikes, E-clinics, And Best Out of Flowers!

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