Categories product

Homestrap Shark Tank India Review

Entrepreneur Name – Priyanka & Akash Mehta

About the Entrepreneur;- Akash and Priyanka Mehta, a married couple from Indore who has known each other for 22 years, recognized that the chaos in their lives after the birth of their first child was not unique to their household, but rather a common issue faced by many families.

As a result, they launched a business that specializes in organizing products.

LinkedIn Profile –

Akash Mehta
Brand NameHomestrap
Business CategoryCupboard Organisers
Company Valuation7.14 Crores
Equity Asked70 Lakh For 1% Equity
Deal ClosedYes
Final Shark Tank Deal50 Lakh for 7% Equity, 20 Lakh debt @ 10 %
Target City/Country India
Product/ServicesCupboard Organizer

About the Product –  Homestrap was created to address this issue by offering a range of products that assist in organizing cluttered wardrobes. 

Their product line includes Saree Organisers, Shirt Stackers, Clothes Organizers, Jewellery Organisers, Shoe Organisers, and more.

Conclusion – 

Priyanka & Akash Mehta asked for 70 Lakh For 1% Equity but the deal closed for 50 Lakh for 7% Equity, 20 Lakh debt @ 10 % with Shark Anupam Mittal.

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