New Delhi. Shark Tank Season 2 is being liked by many. Viewers are watching and following this season a lot. Now in this season an entrepreneur came who came up with the business idea of sarees. Actually the name of his brand was Very Much Indian in which Paithani sarees are sold in the market. In the year 2016, Saloni Gambhir left her old job and tried to enter this business. He had placed his ask of 16 crores with the sharks, however, he got only an evaluation of 5 crores.
The Very Much brand lands in Shark Tank
Saloni is introducing a new category with her Very Much brand, where she told that the Paithani saree which used to be very famous in earlier times but that saree has now disappeared somewhere, so she has revived that saree. Tried to do. He has more than 400 viewers connect. The price of their sarees starts from 18 thousand which reaches up to 70 thousand. However, it is also making sarees worth 1 lakh for its customers.
Very Much Indian has Raised INR 50 Lakhs for the equity of 10 percent from Shark Tank India season 2. Aman Gupta and Namita Thapar invested in this startup.
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— WEXT India Ventures (@WEXTinVentures) January 4, 2023
shark liked the idea
On reaching Shark Tank, Saloni asked 3 percent on 50 lakh equity, which equates to Rs 16.6 crore. She also made Namita Thapar and Vinita Singh wear this saree, due to which Shark has liked her marketing idea. Shark Aman has invested in this business of Saloni. They sold 17 lakhs in the year 2018-19 and also they have sold 20 lakhs now. He has sold a total of 2.25 crores so far.