Entrepreneur Name;- Dattatera Vyas, Sunita Vyas, and Madhavi Paliwal
About the Entrepreneur;- The co-founders of the company are Dattatera Vyas, Sunita Vyas, and Madhavi Paliwal, who hail from Kankroli, Udaipur.
Madhavi, who has an MBA from Amity, is responsible for business development and sourcing, while Sunita is a homemaker. Dattatera, an electrical engineer, oversees business operations and marketing.
| Brand Name | Swadeshi Blessings |
| Brand Website | https://www.swadeshiblessings.in/ |
| Business Category | Earthen Cookware |
Innovation;- Yes, Swadeshi Blessings Business has introduced an extensive collection of terracotta/clay cookware aimed at retaining food nutrients. The company employs a community of artisans for the production process.
| Company Valuation | ₹5 Crore |
| Equity Asked | ₹50 Lakhs for 5% Equity |
| Deal Closed | Yes |
| Final Shark Tank Deal | ₹25 Lakhs for 5% Equity & ₹25 Lakhs Debt |
| Target City/Country | India |
| Total Addressable Market | $350 Million |
| Product | Earthen Cookwares |
About the Product;- Swadeshi Blessings is an Indian brand that specializes in artisanal kitchenware and home decor made from clay, marble, and wood. Their products are in high demand, with more than 20,000 deliveries made across 25 countries.
They have addressed the fragility issue by applying a layer of mud at the bottom, resulting in only 3% of products breaking monthly.
Moreover, they do not use any glazing substance to avoid health hazards. Although they have a top-selling product – the Frying Pan, they struggle with marketing and require funding to bridge the gap. The company started in 2020.
Conclusion;–
Dattatera Vyas, Sunita Vyas, and Madhavi Paliwal asked ₹50 Lakhs for 5% Equity. Sharks Namita and Vineeta offered ₹25 Lakhs for 5% Equity & ₹25 Lakhs Debt. It concluded in a successful deal.
Swadeshi Blessings Shark Tank India Review