Entrepreneur Name – Shilpi Dua and Abhimanyu Singh
About the Entrepreneur – Shilpi Dua and Abhimanyu Singh, they both are from Jaipur, share a professional background in architecture.
Shilpi Dua is also a product designer, while Abhimanyu Singh is solely focused on architecture. The two have been married for 20 years and have known each other for that long.
| Brand Name | Flhexible |
| Brand Website | https://www.flhexible.com/ |
| Business Category | Furniture |
Innovation – Yes, Flhexible Business has introduced a fresh tagline, “crafting flatpack stories,” to promote their new business.
They have recently released a line of furniture products that are both flatpack and super lightweight, utilizing Honeycomb Technology.
| Company Valuation | ₹6.67 Crore |
| Equity Asked | ₹50 Lakhs for 7.5% Equity |
| Deal Closed | No |
| Final Shark Tank Deal | No Deal |
| Target City/Country | India |
| Total Addressable Market | US$5.33bn |
| Product | Eco-friendly Furniture |
About the Product – Flhexible is a brand that specializes in creating sustainable, lightweight, and eco-friendly furniture, including foldable sofas, wall partitions, benches, desks, and pet products. They employ a unique manufacturing process that doesn’t use any water, and their products are built to last for 10 to 12 years.
Customers can purchase Flhexible products on the company’s own website, as well as on marketplaces like Amazon, and at two retail stores in Jaipur.
Since their establishment in 2019, they have sold more than 250 products, with the average cost of a folding sofa being around 7500 rupees. Corporate gifting accounts for 60% of their sales.
Conclusion –
Shilpi Dua and Abhimanyu Singh asked ₹50 Lakhs for 7.5% Equity. None of the sharks were interested in the deal. It concluded in No Deal.
