What Happened to Anthyesti Funeral Services After Shark Tank India?
What is Anthyesti Funeral Services?
Anthyesti means Last Ride. It offers all the post-death solutions. One can get these services in 25 cities & 7 countries.
It offers services like;
- Air Ambulance
- Funeral Service
- Dead Body Transport
- Cremation Service
- Freezer Box
- Dead Body Van
- Hearse Van
- Obituary
- Prayer Hall
- Pet Cremation
Who is the Founder of Anthyesti Funeral Services?
Shruthi Reddy is the founder of Anthyesti Funeral Services. She’s 36 years old.
Anthyesti Funeral Services Before Shark Tank India?
She’s been running Anthyesti Funeral Services for the last 7 years.
Anthyesti Funeral Services has done more than 5000 funerals in total. It works on an aggregation model.
When she started the company there were only 5 competitors, but now it has more than 35 competitors.
It has 69 Google 4.8 reviews. It has 651 followers on Instagram.
As nuclear families are constantly increasing in the country, support like these will be needed in the future even more.
How much money did she ask for on the pitch?
She came to Shark Tank India seeking ₹50 Lakhs for 2.5% equity in her company Anthyesti Funeral Services. Which gives the company a valuation of ₹20 Crores.
How to get Anthyesti Funeral Services?
You can simply visit their website where you’ll get the list of all the services available. You can contact them through their hotline number also.
Unit Economics of Anthyesti Funeral Services
| Gross margin | 50% |
| Net margin | 6% |
What are the Annual Sales of Anthyesti Funeral Services?
| Fiscal Year | Annual Sales |
| 2016 – 2017 | ₹12 Lakhs |
| 2017 – 2018 | ₹22.5 Lakhs |
| 2018 – 2019 | ₹55 Lakhs |
| 2019 – 2020 | ₹65 Lakhs |
| 2020 – 2021 | ₹1.16 Crores |
| 2021 – 2022 | ₹2 Crores Projected |
Which shark gave Anthyesti Funeral Services an offer?
Peyush Bansal was out. He advised her to scale her business more. He advised her to increase the gross margin to 70%, that way she could earn more profit. He didn’t make any offer as the business didn’t seem investable at the moment.
Aman Gupta was out. He advised her to change the brand name to a simpler name. As the name was quite hard to pronounce.
Anupam Mittal was out. He advised her to focus on a different business. He thought she was capable of doing much more than this.
Namita Thapar was out. She didn’t give any offer due to personal reasons.
Ashneer Grover was out. He agreed with Anupam Mittal.
What deal did Anthyesti Funeral Services get in Shark Tank India?
Anthyesti Funeral Services didn’t get any deal in Shark Tank India.
| Company Name | Anthyesti Funeral Services |
| Founder | Shruthi Reddy |
| Asked Amount | ₹50 Lakhs for 2.5% |
| Final Deal | No Deal |
| Shark | No Shark |
| Company Net Worth | ₹20 Crores |
| Company Website | anthyesti.com |
| Company Status | In Business |
What is the net worth of Anthyesti Funeral Services?
The net worth of Anthyesti Funeral Services is ₹20 Crores.
Is Anthyesti Funeral Services still in Business?
Yes, Anthyesti Funeral Services is still in the Last Ride business.
