Rare Planet Shark Tank India Season 1

Table of Contents

Rare Planet Shark Tank India Season 1

Pitch no 84 with company details

Rare Planet

Talent abounds on Rare Planet, where a recent startup gave these extraordinary people a huge platform to express their creativity. Since 2015, the main focus has been on product sales, including mugs, copper bottles, cups, plates, and other items. The local artists create and paint each one by hand. Finally, the talent of these local artisans has been acknowledged, and they have also been able to build a solid financial base. Kulhads are one of this space’s specialties.

Founder of Rare Planet

Rare Planet was co-founded by Vijay Kumar TR and Ranodeep Saha. Vijay joined Saha in 2019 after he launched the business in 2015.

Rare Planet Funding Round

Company Name	Rare Planet
Shark Tank India Season	1
Episode No	26
Season No	1
Brand	Rare Planet
Idea	Handicrafts
Original Ask	65 lakhs for 1% Equity
Deal	65 lakhs for 3% Equity
Invested By:	Namita thapar

At the core of Rare Planet's pitch was a deep appreciation for India's cultural diversity and a desire to celebrate the talent and creativity of its artisans. By curating a collection of handmade products that ranged from traditional to contemporary, Rare Planet sought to bridge the gap between traditional craftsmanship and modern consumer tastes. Their emphasis on sustainability and ethical production resonated with environmentally conscious consumers who were eager to support responsible brands that made a positive impact on society.

The Pitch:

Rare Planet stepped onto the Shark Tank stage with a dazzling array of handcrafted treasures, each telling a unique story of Indian craftsmanship and tradition. From intricately woven textiles to exquisitely carved wooden artifacts, Rare Planet showcased the beauty and diversity of India's artistic heritage. With a focus on ethical sourcing and fair trade practices, Rare Planet aimed to empower rural artisans and preserve age-old techniques that were in danger of being forgotten. Their online marketplace provided a platform for artisans to showcase their work to a global audience, ensuring that their skills would be appreciated and valued for generations to come.

The Deal:

Impressed by Rare Planet's mission and vision, Namita Thapar recognized the company's potential to drive social and economic change in India's rural communities. She made a generous investment offer of 65 lakhs in exchange for a 3% equity stake in Rare Planet, demonstrating her belief in the company's ability to make a meaningful difference in the world. With her expertise and support, Rare Planet was well-positioned to scale their operations and expand their reach, bringing the beauty and craftsmanship of Indian artisans to a global audience.

Investors Behind Rare Planet

Namita thapar: With Namita Thapar's investment secured, Rare Planet embarked on a new chapter of growth and expansion. The infusion of capital allowed them to invest in marketing and branding efforts, expand their product offerings, and strengthen their supply chain and distribution network. With a renewed sense of purpose and determination, Rare Planet continued to champion the cause of traditional artisans, ensuring that their skills and traditions would endure for generations to come.

Conclusion:

Rare Planet's success on Shark Tank India Season 1 was a testament to the power of entrepreneurship to drive positive social change and celebrate India's rich cultural heritage. By empowering traditional artisans and promoting handmade crafts, Rare Planet embodied the spirit of creativity, innovation, and social responsibility. With Namita Thapar's investment, Rare Planet was poised to make an even greater impact, inspiring consumers to embrace handmade products and support the artisans who created them. Through their dedication and passion, Rare Planet was not just a business but a movement that sought to create a more inclusive and sustainable future for all.

Rare Planet Shark Tank India Season 1

Rare Planet

Founder of Rare Planet

Rare Planet Funding Round

The Pitch:

The Deal:

Investors Behind Rare Planet

Conclusion:

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Rare Planet

Founder of Rare Planet

Rare Planet Funding Round

The Pitch:

The Deal:

Investors Behind Rare Planet

Conclusion:

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