Welcome readers This article is going to tell you about “PawsIndia”. This is Indian Pet Startup. paws india, paws india founder, paws india shark tank, paws india owner, paws india priyam, best pet store online India, dog website India, paws toys and Shark Tank India
| Company Name | Paws India |
| Founder | Priyam Singh |
| Valuation | Rs 12.5 Crores |
| Business Category | Pet Supplies |
| Funding Asked | Rs 50 Lakhs for 5% equity |
| Funding GIven | Rs 50 Lakhs for 15% Equity |
| Investors and Sharks | Anupam Mittal and Shaadi.com |
| Networth | Rs 3 Crore |
| TV Show | Shark Tank India |
| Episode | Season 1 Episode 25b |
Paws India
This pitch got started by interacting with a dog with all the sharks. Priyam Singh is the founder of Startup PawsIndia. She belongs to Bombay. If you are having a pet then you always treat it like a kid who never listens to you. From research, we came to know that every 5th house can have a pet.
Paws India is an e-commerce pet product company that focuses on Innovation, Advanced Health Care, and Product Development. They also help other pet startups This company is for pets and towards pets
Read This- The Sass Bar in Shark Tank India Grabbed funding from Shaadi.com and Mama Earth | Under20s
What is their ask for funding from Sharks?
Their Ask is Rs50 Lakhs in exchange for 4% Equity and the company’s valuation is Rs 12.5 Crores.
1:1| QnA| Sharks Asks Paws India | Shark Tank India
How does she start?
Priyam’s co-founder is her real brother and they have been always crazy pet lovers. They come from Pharmaceutical Business Background and she has worked as Investing Banker.
How many products do they have?
There is a total of 300-350 products listed on their website. This is not a marketplace for pets they also manufacture their own products. When they started growing so they invited some seed companies on board that helped them to get a small split of revenue.
They are having 90% of sales on their own and 10% comes from these small companies
What is their unique product?
Paws India has developed the world’s first smart toy for pets in which parents who are busy so can keep this toy set on interactive mode. They are the only ones in India who have the distribution right for this product.
Healthcare performs 35% of PawsIndia Sales
Food Toys etc performs 65%of PawsIndia Sales
Their core products are Hemp Oil, Self Play dog toy is the highest selling product
What is the Networth and Sales of Paws India?
Their Sales have been clocked to Rs 20 Lakhs in the last month. In the last financial year 2020-21, their sales were Rs 1.2 Crore, and this year till now they are targeting Rs 3 Crore.
1:1 Sharks investing in Paws India | Shark Tank India
Namita Thapar
Namita is not having pets and does not have much knowledge about this industry. She does not get excited in this domain so for this reason she will be out.
Vineeta Singh
Vineeta was about to offer Rs50 Lakhs for 10 % equity but after hearing about Pharma, she regards it as a distraction. So, for this reason, she will be out.
Peyush Bansal
He said that she should focus on the core products as well as exclusiveness. He will be out for now.
Ghazal Alakh
She is already an investor in a similar brand so conflict of interest will arise. For this reason, Ghazal is out.
Anupam Mittal
Anupam asked about the educational qualification of the co-founder. He made an offer on these conditions respectively
- Anupam will meet the Brother of Priyam singh
- The strategy should be changed.
Offer- Rs 50 Lakhs for 15% Equity and this offer is non-negotiable because all the other sharks are out.
She respected Anupam’s offer and said that will not counter him. She asked only if he will fund the Purchase orders if they arise immediately and Anupam agreed on a 12% interest rate for extra funds.
Here the deal got closed and Shaadi.com / Anupam Mittal invested Rs 50 Lakhs in exchange for 15% Equity in Paws India.
Don’t forget to read this!
You can read about these Sharks and How they build their Billion Dollar Brands by clicking down on their respective Shark Name.
- Aman Gupta-CMO and Co-Founder of boAt Headphones
- Ashneer Grover– Founder of BharatPe
- Vineeta Singh– CEO Sugar Cosmetics
- Anupam Mittal– CEO and Founder of Shaadi.com
This article was penned by Devansh, if you liked this story you can follow him over Instagram and Join us now on Instagram, Telegram, and Twitter.
