Image Credits: Shark Tank India
Last updated on 23 January 2022. Find out everything about the ‘Paws India’ pitch on Shark Tank India, co-founders Suraj and Priyam Singh and the latest updates about their company!
PawsIndia on Shark Tank India
This pet products business was featured on the 25th episode of the first season.
Here are the key details about their pitch on Shark Tank India:
| Business Name | PawsIndia |
| Founder | Suraj and Priyam Singh |
| Episode no. | Season 01 Episode 25 |
| Ask | ₹50 Lakhs for 4% Equity |
| Accepted Offer | ₹50 Lakhs for 15% Equity |
| Shark | Anupam Mittal |
| Current Status | In-business |
PawsIndia is a pet products eCommerce store with innovative toys and healthcare treats. They make their own products but also act as a marketplace for other pet companies.
In the year 2020-21, their sales were ₹1.2 crores with 90% from their own brand.
Here is their highest selling toy which you saw on the show, available on Amazon India (*Affiliate Link):
Or buy it by clicking here: https://amzn.to/3KExsb4
*Affiliate Link means that we get a certain percentage from the sale when you purchase through our link.
Pitcher asked for ₹50 lakhs for 4% shares. She needs money for making it one of India’s favourite pet brands.
Namita, who was the entrepreneur’s favourite, was out because she is not a pet-lover. Ghazal was already an investor in a similar company, so she was also out.
Vineeta wanted to offer but she got deviated when the entrepreneur said that she wants to pivot to the healthcare sector. She still advised them to close the marketplace model since it is only 10% of their revenue.
In the end, shark Anupam Mittal closed the deal for ₹50 lakhs for 15% equity, but one condition he attached is that they will first develop a proper strategy on what direction they will take.
About its Founders
Suraj Singh and Priyam Singh are the co-founders of PawsIndia pet products company. This sibling duo started this in 2016 in Mumbai, Maharashtra. They belong to a business family, with their father running ‘Pramo Life Science’ as the CEO.
On the show, only Priyam was seen, Suraj was not well to be there. But Suraj is the CXO and Priyam handles the operations.
Both brother and sister are pet lovers and they wanted to do something productive with their time since their family business is already established. That’s when they got this idea!
One more thing we want to add here is that Priyam is definitely one of the best entrepreneurs we saw on the show.
After Shark Tank Updates
Anupam is the only shark out of all who is a pet lover, so I think he is the right investor for this company. That’s why he was attracted to it from the beginning.
And if you are a pet lover, they can also help you in adopting dogs.
By the way, other businesses pitched in the episode were Spandan ECG device and Alpino Peanut Butter.
At last, let’s look at their official company pitch: “Pawsindia brings you a fabulous new variety of pet products and supplies. For all the pet owners and pet lovers who adore their feline companions and furry buddies, we have created a dream of premium quality pet products. This line of products is free from components that are harmful to a dog’s system or the overall development.”
Takeaways
So now you know about the pitch of ‘PawsIndia’ on the shark tank show and who is its founder. Let’s see what updates we get from them.
I am Ranish Chauhan a.k.a. Fulmino Fan, and I am also a fan of Shark tank.