Entrepreneur Name;- Rohit Khanna
About the Entrepreneur;- From Jalandhar hails Rohit Khanna who converted his father’s conventional toy enterprise into an e-commerce toy venture.
LinkedIn Profile- https://www.linkedin.com/in/rohit-khanna-54a3373b/
| Brand Name– | Toyshine |
| Brand Website- | https://toyshine.in/ |
| Business Category– | Toys |
| Company Valuation– | ₹250 Crore |
| Equity Asked– | ₹1.25 Crore for 0.5% Equity |
| Deal Closed– | NO |
| Final Shark Tank Deal– | No Deal |
| Target City/Country- | GLOBAL |
| Product/Services– | Unique Collection of Toys |
About The Product:- Toyshine is an indoor toy brand that specializes in providing toys for pre-schoolers and toddlers.
They offer a wide range of unique and high-quality toys that are affordable. Their collection caters to children from the toddler group up to 12 years of age, boasting over 2000 unique types of toys.
With over 10 lakh reviews on Amazon, they are a popular choice for parents seeking Indian-made toys, which account for 85% of their sales.
Despite their success, they have not heavily invested in marketing their products. The average order value for Toyshine is 700 rupees.
Conclusion:-
Rohit Khanna asked for ₹1.25 Crore for 0.5% Equity but ended up with no Deal, all Sharks stepped out of the Deal because of scalability and differentiation issues.
Toyshine Shark Tank India Review