Entrepreneur Name – Dhaval Nai and Jayesh Nai
About the Entrepreneur – Dhaval Nai, is an expert in technical innovation and optimization, with three patents and a successful startup to his credit.
He has extensive skills in 3D design, modeling, and animation, as well as proficiency in software tools such as Photoshop, Creo, and AutoCAD.
Additionally, he possesses strong abilities in sales, communication, English, and management. Dhaval Nai obtained his Mechanical Engineering degree from Government Polytechnic in Palanpur.
LinkedIn Profile –
| Dhaval Nai | https://www.linkedin.com/in/dhaval-nai-966489213/ |
| Jayesh Nai | https://www.linkedin.com/in/jayesh-nai-9a10a1265/ |
| Brand Name | Mahanatam |
| Brand Website | https://mahantam.co.in/ |
| Business Category | Tea Glass Washing Machine |
Innovation;- Yes, The Mahantam Tea Glass Washing Machine company’s goal is to recognize and address the importance of hygiene as a basic need, not a luxury.
They are committed to utilizing technology to resolve this issue by supplying glass-washing machines.
| Company Valuation | ₹1.5 Crores |
| Equity Asked | ₹30 Lakhs for 10% Equity |
| Deal Closed | Yes |
| Final Shark Tank Deal | ₹30 Lakhs for 20% Equity |
| Target City/Country | India |
| Total Addressable Market | US $1268 Mn |
| Product | Tea-glass Washing Machine |
About the Product – Mahanatam is a startup committed to promoting eco-friendliness, offering a range of innovative and eco-friendly products to address various needs.
Their first product is the Tea Cup Washing Machine, which is designed specifically for use in hostels, restaurants, and tea stalls. The machine ensures hygienic and touch-free washing of cups.
Conclusion –
Dhaval Nai and Jayesh Nai asked for ₹30 Lakhs for 10% Equity. Sharks Namita Thapar, Vineeta Singh, Aman Gupta, Anupam Mittal, and Peyush Bansal offered ₹30 Lakhs for 20% Equity. It concluded in a successful deal.
Mahanatam Shark Tank India Review