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Daily Dump Shark Tank India Season 2

by IndiaSuccessStories
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Daily Dump Shark Tank India Season 2 Got 30 Lakhs Funding in Exchange of 4% Equity with 50 Lakhs in debt at 10% interest by Namita Thapar.

Daily Dump Shark Tank India Season 2

Pitch no 33 with company details

Daily Dump

Composters are created and designed by the award-winning design-led company Daily Dump. They produced the Khamba, the first composter in India. Daily Dump offers a large selection of composters in addition to their trademarked Terrabite product.

Founder of Daily Dump

The Daily Dump was founded by Arjun Dev and Poonam Bir Kasturi.

Daily Dump Funding Round

Company Name

Daily Dump

Shark Tank India Season

2

Episode No

11

Season No

2

Brand

Freebowler

Idea

Waste Management

Original Ask

80 Lakhs for 4% Equity

Deal

30 Lakhs for 4% Equity and ₹ 50 Lakhs Debt @10% Interest

Invested By:

Namita Thapar

At the heart of Daily Dump's pitch was a commitment to environmental stewardship and community empowerment. Their range of composting products, which included innovative compost bins and accessories, aimed to simplify the composting process and inspire individuals to take action against waste pollution. By promoting the concept of decentralized composting, Daily Dump envisioned a future where every household and institution would play a role in reducing their carbon footprint and contributing to a cleaner, greener planet.

The Pitch:

Daily Dump entered the tank with a vision to tackle India's mounting waste management challenges by promoting composting and eco-friendly disposal methods. Their idea was simple yet powerful: to provide households, businesses, and communities with easy-to-use composting solutions that would help them convert organic waste into nutrient-rich compost. With an original ask of 80 Lakhs for 4% equity, Daily Dump sought investment to scale their operations, raise awareness about composting, and drive widespread adoption of sustainable waste management practices.

The Deal:

Daily Dump's pitch resonated deeply with Namita Thapar, who recognized the urgency of addressing India's waste crisis and the potential of Daily Dump's solutions to effect positive change. She offered a deal of 30 Lakhs for 4% equity, coupled with 50 Lakhs in debt at 10% interest, providing Daily Dump with the capital and resources needed to expand their reach and impact. This strategic partnership marked a significant milestone for Daily Dump, enabling them to accelerate their growth trajectory and advance their mission of promoting sustainable living practices nationwide.

Investors Behind Daily Dump

Namita Thapar: With the backing of Namita Thapar, Daily Dump embarked on a mission to revolutionize waste management and promote environmental sustainability on a larger scale. The infusion of capital allowed them to invest in product development, enhance their distribution network, and launch targeted awareness campaigns to educate and empower communities about composting. Armed with the support of a dedicated investor, Daily Dump remained steadfast in their commitment to building a cleaner, greener future for generations to come.

Conclusion:

Daily Dump's appearance on Shark Tank India Season 2, Episode 11 underscored the critical importance of sustainable waste management in addressing environmental challenges and fostering a more resilient society. Their successful pitch and strategic partnership with Namita Thapar highlighted the power of entrepreneurship to drive meaningful change and create lasting impact. As they continued to expand their footprint and inspire eco-conscious behaviors, Daily Dump stood poised to lead the charge towards a more sustainable and environmentally friendly future.

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