Entrepreneur Name – Pabiben Rabari & Nilesh
About the Entrepreneur – Pabiben Rabari, hailing from Gujarat, is the founder of the company pabiben.com, where she identifies as both a businesswoman and an artist.
Nilesh Priyadarshi and Nupur Kumari are also part of this venture, with Nilesh having worked on handicrafts in Kutch for a decade, and Nupur handling the design aspect.
Pabiben had lost her father at the young age of three. All three, Pabiben, Nilesh, and Nupur, own an equal share of 33.3% of the company.
LinkedIn Profile- https://www.linkedin.com/in/dr-nilesh-priyadarshi-a35a9839/
Brand Name– | Pabiben |
Brand Website- | https://www.pabiben.com/ |
Business Category– | Apparels |
Company Valuation– | ₹ 10 Crore |
Equity Asked– | ₹ 50 Lakh for 5% Equity |
Deal Closed– | Yes |
Target City/Country- | India |
Product/Services– | Apparel, bags, cushion covers, passport covers, ETC. |
About the Product – The company produces a range of bags, accessories, and gift boxes for consumers, with a vision to discover talented artists from across India, provide them with a platform to showcase their work to the world and help them establish their own businesses.
The company has launched three initiatives to support this vision
1. The first is pabiwan.com, an online store that sells Rabari embroidery products.
2. The second initiative, Karigar Clinic, provides health check-ups for women artists.
3. Lastly, the Karigar ki Dukan is a platform that enables staff to explore the market for the company’s products.
Conclusion –
Pabiben Rabari & Nilesh asked for 50 Lakhs for 5% Equity. Shark Namita offered ₹10 Lakh for 5% Equity and ₹40 Lakh debt for 0% interest. It concluded in a successful deal.