Entrepreneur Name – Neha Bajaj and Karen
About the Entrepreneur – Neha Bajaj and Karen Saldanha hail from Bengaluru. Karen pursued an MBA in finance and management and then joined the IIM Bangalore entrepreneurship cell.
LinkedIn Profile – https://www.linkedin.com/in/neha-bajaj-7166364/
Brand Name | Dabble |
Brand Website | https://dabbleplayart.com/ |
Business Category | Kids Playcart Products |
Innovation – Yes, Dabble Play Art’s team of chemists and food technologists support the development of their products. The business is certified by the National Accreditation Board for Testing and Calibration Laboratories, ensuring that their products are thoroughly tested in the laboratory before they are launched for production.
Company Valuation | ₹1.5 Crores |
Equity Asked | ₹50 Lakhs for 10% Equity |
Deal Closed | Yes |
Final Shark Tank Deal | ₹15 Lakhs for 10% Equity & ₹35 Lakhs Debt |
Target City/Country | Worldwide |
Total Addressable Market | US$ 1.5 Billion |
Product | Kids Crayons |
About the Product – Dabble is a company that specializes in creating products that are safe for children, free from toxins, and designed to promote child development. Their product line includes 10 items such as brushes, colors, crayons, molds, and finger paints.
These products can be purchased on their website, as well as on popular marketplaces such as Amazon, Flipkart, and Firstcry. Notably, Dabble is the first company to list all product ingredients on its packaging. The company was founded in 2018.
Conclusion –
Neha Bajaj and Karen asked ₹50 Lakhs for 10% Equity. Shark Aman Gupta offered ₹15 Lakhs for 10% Equity & ₹35 Lakhs Debt. It concluded in a successful deal.