Paithani Saree on Shark tank india Season 2 | Where to Buy Very Much Indian Sarees?

Founders of Very Much Indian Sarees brand Manish Atri and Slony Baldev Gambhir appeared on Shark Tank India Season 2 and they shown their paithani saree on shark tank india. Sharks Namita Thapar and Vineeta Singh wore it and felt proud wearing original paithani saree. They talked about 38,000 Cr Rupees Market is Scattered and unorganized and there is no E-commerce who can give you the Original Haritage sarees. So they identified the gape and came up with a brand Very much indian.

As their Brand Name, Very Much Indian gives Authentic Handloom and Traditionally Woven Sarees. Apart from Paithani Sarees they covered other types of Indian Traditional Sarees that you can find on their websites. Their Vision is to make this most trusted traditional brand of India. They asked for Rs 50 Lakh Rupees for 3% equity. So, Company Valuation is Rs. 16.67 Crores.

Founder Slony is from Yeola, Maharashtra where 4000 to 5000 Paithani Sarees Weavers. She Born their and her family business is also Fabric. So, They already have good connection in fabric business. After doing Engineering and MBA, Slony did job for 12 years. She took Strong decision coming out of her comfort zone.

They talked about Buyers Trust Issues of Purchasing Costly Sarees Online. They wants to Take Sharks on Board so that they can build the Trust of the customers of busing Paithani Sarees online.

Annual Sales of Very Much Indian Sarees

FY 2018-2019 - Rs 17 Lakhs

FY 2019-2020 - Rs 20 Lakhs

FY 2020-2021 - Rs 65 Lakhs

FY 2021-2022 - Rs 1.5 Crore

FY 2022-2023 - Rs 2 Crore (Projected Turnover)

Average Ticket Size - Rs 10,000

Gross Margin - 35%

Ask -  Rs 50 Lakh Rupees for 3% equity

Namita's Offer - Rs. 50 Lakh for 10% Equity

Now, Namita and Aman Gupta wants to do this together 

Very Much India's Counter Offer - 75 Lakhs for 10% equity

Sharks Namita and Aman stick to their offer and finally, they closed the deal on Rs. 50 Lakh for 10% equity.

Where to Buy Paithani Sarees | Very Much Indian Traditional Sarees?

You can Buy Original Traditional Sarees by Very Much Indian on their official website and also you can Order it from their Social Media Platforms Instagram, Facebook.

What are the Prices of Very Much Indian Sarees?

Very Much Indian Branded Paithani Sarees and other Sarees of that brand Starts from Rs, 1,980 and The Costlier Saree Price is Rs 1,80,000