Shararat Shark Tank India Season 3
Shararat
Shararat has a fun selection of fashionable and eccentric cotton-printed pajamas that go well with many fundamental pieces in your closet.
Founder of Shararat
The creators of the bedroom fashion label Shararat are Avinash Sharma and Shanky Layal.
Shararat Funding Round
Company Name | Shararat |
Shark Tank India Season | 3 |
Episode No | 48 |
Season No | 3 |
Brand | Shararat |
Idea | Bedroom Fashion Brand |
Original Ask | 60 Lakhs for 7% Equity |
Deal | No Deal |
Invested By: | ——– |
Shararat's idea centered around curating a collection of premium bedroom fashion items, including bed linens, cushions, throws, and other accessories. Their products were designed to infuse personality, style, and comfort into bedrooms, transforming them into havens of relaxation and self-expression. By combining luxurious materials with contemporary designs, Shararat aimed to elevate the sleeping experience and inspire individuals to create their own personal sanctuaries at home.
The Pitch:
With an original ask of 60 Lakhs for 7% equity, Shararat showcased their exquisite collection and highlighted its potential to resonate with discerning consumers seeking to enhance their bedroom aesthetics. They emphasized the growing demand for stylish and high-quality bedroom fashion products and outlined their plans for marketing and distribution. The founders' passion for design and their commitment to creating luxurious yet accessible bedroom experiences resonated with the sharks, who appreciated the attention to detail and craftsmanship evident in their products.
The Deal:
Despite their compelling pitch, Shararat left the tank without a deal. While the sharks admired the sophistication and creativity of the brand, they expressed concerns about market saturation and scalability. Without a clear differentiation strategy and a solid plan for expansion, the sharks hesitated to invest in Shararat at the proposed valuation.
Conclusion:
Although Shararat did not secure an investment in Season 3, Episode 48 of Shark Tank India, their presence on the show highlighted the growing trend of bedroom fashion and the importance of creating spaces that reflect individual style and personality. By combining design expertise with a keen understanding of consumer preferences, Shararat has already made an impact in the home decor industry. As they continue to refine their product offerings and expand their reach, Shararat remains committed to inspiring individuals to dream in style and make their bedrooms truly their own.