Flatheads Shark Tank India is a footwear brand that has taken the market by storm with its unique and stylish designs. If you’re looking for comfortable and fashionable shoes that stand out from the crowd, then Flatheads is the brand for you.
Their range of shoes is designed to cater to different styles and preferences. Whether you’re looking for casual sneakers or elegant sandals, Flatheads Shark Tank India has a collection that will suit your needs. Their shoes are not only stylish but also comfortable, thanks to their superior quality materials and construction.
Footwear Business In India(Case Study)
Flatheads’ footwear is perfect for those who want to make a fashion statement while staying comfortable all day long. Their designs are versatile and can be worn with a variety of outfits, making them a great addition to any wardrobe.
Imagine stepping out in a pair of Flatheads shoes and turning heads wherever you go. Their unique and stylish designs are sure to make you stand out from the crowd. Whether you’re at work, out with friends, or just running errands, Flathead’s shoes will keep you comfortable and fashionable all day long.
Their commitment to quality ensures that their shoes are not only stylish but also durable and long-lasting. You can rest assured that your investment in a pair of Flatheads shoes will be well worth it.
Visit the Flatheads website or check out their stores to explore their range of footwear. With their unique and stylish designs, superior quality materials, and commitment to comfort, Flatheads is the perfect footwear brand for those who want to stand out from the crowd. Don’t miss out on the opportunity to elevate your shoe game with Flatheads.
Entrepreneur Name – Ganesh Balakrishnan
About the Entrepreneur – The founder of the company is Ganesh Balakrishnan, hailing from Bangalore. Ganesh pursued mechanical engineering at IIT Bombay before working in the US and starting three previous startups. The company initially launched as “Mobile Money Everywhere,” offering a service for Momo before transitioning to its current focus.
LinkedIn Profile- https://www.linkedin.com/in/ganeshbalakrishnan
| Brand Name– | Flatheads |
| Brand Website- | https://www.flatheads.in/ |
| Business Category– | Shoes |
Innovation – Yes, Flatheads Shoes revolutionized men’s footwear by using innovative design techniques and eco-friendly materials to create lightweight, cushioned shoes that prioritize comfort.
| Company Valuation– | ₹25 Crores |
| Equity Asked– | ₹75 Lakhs for 3% Equity |
| Deal Closed– | No |
| Final Shark Tank Deal– | ₹75 Lakhs for 33.3% Equity |
| Target City/Country- | India |
| Total Addressable Market- | US$27.51bn in 2023 |
| Product/Services– | Innovative Shoes |
About the Product – Flatheads Shoes produces footwear made entirely of natural and breathable materials like banana fiber, linen, and bamboo fiber, allowing feet to breathe.
The soles of the shoes are made from lightweight, high-quality materials, making them comfortable for extended wear. Weighing less than 500 grams, the shoes are ideal for daily use.
In addition to being eco-friendly and sustainable, the company was founded in November 2019 and has already gained over 20,000 customers. Flatheads Shoes can be found on their website, as well as popular online marketplaces like Amazon and Myntra.
The brand offers three product ranges, including an affordable basic range, a climate-specific innovative range (such as water-resistant sneakers), and a limited edition collaboration range with two to three prototypes currently in development.
Conclusion –
Ganesh Balakrishnan asked ₹75 Lakhs for 3% Equity. Sharks, Peyush, and Vineeta offered ₹75 Lakhs for 33.3% Equity. The owner was not interested. It concluded in No Deal.
