Bam Bam Bamboo! | Shark Tank India | Full Pitch
Summary
TLDRThe script discusses the environmental impact of plastic toothbrushes, which have been in use for about 80 years and still pollute the Earth. The speaker introduces a solution: eco-friendly bamboo toothbrushes, which their company has successfully manufactured and delivered across various countries and postal codes in India. With a daily production of 50,000 brushes at their Pune plant, they seek investment to scale up, offering a deal involving equity for financial support to further their mission of sustainability and brand growth.
Takeaways
- 😀 The script discusses the environmental impact of plastic toothbrushes that have been in use for about 80 years and their contribution to pollution.
- 🌱 The company has developed and manufactured over 4 million bamboo toothbrushes as a sustainable alternative to plastic ones.
- 🌍 These bamboo toothbrushes have been successfully delivered to more than 2050 pin codes in India and 18 different countries.
- 🛒 The product is available on various marketplaces such as Amazon, Flipkart, and over 300 shops across multiple states in India.
- 🏭 The company's Pune plant is currently producing 50,000 brushes per day and requires an investment of 80 lakh rupees for expansion.
- 📈 The company is seeking to raise funds through equity and is offering a 20% stake for an investment of 80 lakh rupees.
- 📊 The company has achieved significant valuation growth and has sales figures close to 2.86 crores, despite the recent lockdowns due to COVID-19.
- 📉 The company has faced challenges with competition in the market, but has managed to establish a strong brand presence.
- 💼 The role of the company's leadership is highlighted, emphasizing the importance of brand building and online goods production.
- 💰 The script mentions the potential for further capital requirements and the company's vision to become a 4000 crore company, emphasizing the need for meaningful equity.
- 🔄 The final part of the script involves a negotiation for investment terms, with offers and counteroffers being discussed, ultimately aiming for a deal that benefits both parties.
Q & A
What was the main topic discussed in the script?
-The main topic discussed in the script is the environmental impact of plastic toothbrushes and the introduction of an eco-friendly alternative made from bamboo.
How long ago was the construction of the first plastic toothbrush started?
-The construction of the first plastic toothbrush started about 80 years ago, in 1938.
What is the name of the company that has been making bamboo toothbrushes?
-The company making bamboo toothbrushes is referred to as 'Bamboo India' in the script.
How many bamboo toothbrushes has the company produced so far?
-The company has produced over 40 lakh (4 million) bamboo toothbrushes to date.
In how many countries and pin codes in India has the product been delivered successfully?
-The product has been successfully delivered in 18 different countries and over 2050 pin codes in India.
What is the current daily production capacity of the Pune plant mentioned in the script?
-The Pune plant is currently producing 50,000 brushes per day.
What is the estimated financial requirement for the company mentioned in the script?
-The company estimates a financial requirement of 80 lakh rupees (approximately 1 million USD).
What is the role of Ashwini in the company?
-Ashwini's role in the company is to focus on the manufacturing excellence and scale of the bamboo toothbrush production.
What is the current market size for plastic toothbrushes in India?
-The current market size for plastic toothbrushes in India is 500 billion rupees.
What is the significance of the brand 'Bamboo India' in the script?
-The brand 'Bamboo India' signifies a 'Make in India' initiative, which is a pride for the company and is part of their branding strategy.
What are the offers discussed in the script related to the company's valuation and investment?
-The script discusses different investment offers, including one for 20 lakh rupees for 20% equity, another for 40-40 lakh rupees split between debt and equity, and a final offer of 50 lakh rupees for 3.5% equity.
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