Entrepreneur Name – Bharat, Surbhi & Rajeev
About the Entrepreneur – In 2020, Bharat Bansal co-founded Nirmalaya with two partners to create an organic wellness company that follows the concept of “Waste to Wellness.”
The company has established an ecosystem that recycles flowers for producing wellness products, including incense items.
Despite dropping out of CA-Final, Bharat Bansal founded Banbros Consulting, based in Noida, which has now grown to a team of over 30 members serving more than 30 startups and 60+ clients over four years.
Additionally, he has been mentoring startups in accounting and compliance at AIC – Bimtech. Previously, he managed the firm and handled income tax cases and internal audits for Avdhesh Bansal & Co., Chartered Accountant.
LinkedIn and Social Media Profiles –
| Bharat | https://www.linkedin.com/in/bharat-bansal-b5518454/ |
| Surbhi | https://instagram.com/surbhijainsj |
| Rajeev | https://instagram.com/rajeevvbansal |
| Brand Name | Nirmalaya |
| Brand Website | https://nirmalaya.com/ |
| Business Category | Fragrances Segment |
Innovation – No
| Company Valuation | ₹40 Crore |
| Equity Asked | ₹60 Lakhs for 1% Equity |
| Deal Closed | No |
| Final Shark Tank Deal | No Deal |
| Target City/Country | India |
| Total Addressable Market | ₹25.05bn in 2023 |
| Product | Incense Sticks and Ittars From Flowers |
About the Product;- The scents that evoke the essence of India are derived from natural sources such as flowers, fruits, spices, tree barks, and even the aroma of rainfall.
Our ancestors recognized the therapeutic properties of these fragrances, which could comfort our hearts and ease our minds.
Under the hashtag #SoothingtheSouls, Nirmalaya draws from this ancient tradition to provide an array of fragrances, both conventional and modern.
The company aims to spread the essence of pure and distilled nature through its product line, which includes Havan Cups, Incense Sticks, Incense cones, Dhoop sticks, Essential oils, and diffusers, with more to come.
Conclusion –
Bharat, Surbhi & Rajeev asked for ₹60 Lakh For 1.5% Equity but none of the sharks showed any interest in the deal. It concluded in a No Deal.
