‘It can become the next Lego yes …’: Clapstore, backed by Nikhil Kamath from Zerodha, gets Mega Shark Tank India 4 Deal

Clapstore, a toy brand backed by the co -founder of Zerodha Nikhil Kamath, recently obtained a big problem at Shark Tank India 4. The young founders of the brand, Vedag and Yash, launched their toys of ‘Board occupied’ in the program, which which They affirmed that it could be of great help for parents who want to reduce the screen time of young children.

The founders, 21 and 22, respectively, impressed the ‘sharks’ with their phenomenal sales numbers. They mentioned that their products recorded sales worth ₹ 2.4 million rupees in the first year.

Vanang and Yash looked for an investment of ₹ 80 Lakh for a 4 percent participation in their company, carrying the assessment of Clapstore to ₹ 20 million rupees.

When they revealed their objective of achieving ₹ 6 million rapias in revenue this year and that they are obtaining about 20 percent in profits, the co -founder and CEO of Lenskart, Peyush Bansal, predicted that Clapstore could become the next Lego if the founders played Your letters correctly.

It was also impressed with the energy of the founders and rapid learning. The co -founder of Sugar Cosmetics, the CEO Vineeta Singh, was impressed with the understanding of the founders of the problem they approached and the market.

Anupam Mittal of Shaadi.com was also impressed when young founders said they use a barter system instead of paying influencers to market their products.

He also said that the founders deciphered the market very well even though they have no children themselves. During the field, the founders also mentioned that their company has the support of YouTuber Raj Shamani.

Upon listening to this, Anupam Mittal and the lifestyle co -founder and CMO Aman Gupta offered the founders ₹ 80 Lakh in exchange for 7 percent. Peyush, on the other hand, agreed to comply with the terms of the founders without negotiations.

After this, the founder of Titan Capital, Kunal Bahl, asked the founders: “What offer would make you happy?” and also agreed to fulfill its terms. The founders of Clapstore succeeded in ensuring an All Shark agreement on the ₹ 1 crore for 10 percent capital.