Entrepreneur Name;- Gaurav Mehta
About the Entrepreneur;- The founder of Jaipur Watch Company is Gaurav Mehta, who obtained his MA in Risk Management from Nottingham University Business School in 2005.
Brand Name;- Jaipur Watch Company.
Brand Website;- https://jaipur.watch/
Business Category;- Micro-Luxury Watches.
Innovation;- Yes, Due to his interest in collecting old coins and stamps, Gaurav Mehta conceived the idea of creating a unique signature watch from his collection, using his father’s toolbox. This initial spark ignited his passion, and he went on to establish the Jaipur Watch Company Heritage Unique Collections.
Company Valuation;- ₹25 Crores.
Equity Asked;- ₹50 lakhs for 2% Equity.
Deal Closed;- No.
Final Shark Tank Deal;- No Deal.
Target City/Country;- Worldwide.
Total Addressable Market;- USD 39.36 billion
Product;- Micro-Luxury Wristwatches.
About the Product;- The Jaipur Watch Company is known for its limited edition, handcrafted watches that blend tradition with contemporary design. Each timepiece is crafted with great care and attention to detail, designed to be passed down as a cherished heirloom. The company is committed to preserving India’s rich heritage and is proud to be the country’s first bespoke watch company. Through its products, the Jaipur Watch Company showcases India’s history and cultural legacy, contributing to the ‘Make in India’ initiative by creating unique and timeless timepieces that celebrate the nation’s heritage.
Conclusion;–
Gaurav Mehta asked ₹50 lakhs for 2% equity. None of the sharks were interested in the deal. It concluded in No Deal.
