What Happened to Koparo Clean After Shark Tank India?
What is Koparo Clean?
Koparo Clean is a cleaning brand based on coconut. It doesn’t use any harmful chemicals to make these cleaning products. Koparo Clean uses coconut as a surfactant. Their hero product is dishwashing liquid.
All the products are child-safe, eco-friendly, and pet-friendly. There’s a range of products in Koparo Clean. Such as,
- Laundry care
- Handwashes
- Home cleaners
- Surface cleaners
- Specialty cleaners
- Dishwashing liquid
- Different cleaning accessories
Who is the Founder of Koparo Clean?
Simran Khara is the founder of Koparo Clean. She studied at Delhi University. She has 15 years of work experience.
Koparo Clean Before Shark Tank India?
Koparo Clean has sold 3 Lakhs units in total. Some of Koparo Cleans’ competitors are Herbal Strategi, PureCult, and BornGood. Among these 3 Herbal Strategi is the biggest, and Koparo Clean comes in second position.
How much money did she ask for on the pitch?
She came to Shark Tank India seeking ₹70 Lakhs for 1% equity in her company Koparo Clean. Which gives the company a valuation of ₹70 Crores.
Market size of cleaning products
The total market size of cleaning products is ₹55000 Crores. FMCG players dominate this industry.
How much money did she raise for Koparo Clean?
She raised ₹17.6 Crores in 2 rounds for Koparo Clean.
Time | Money Raised | Valuation |
November 2021 | ₹5.6 Crores | ₹32 Crores |
February 2023 | ₹12 Crores | ₹57 Crores |
How to get Koparo Clean?
You can get Koparo Clean products on their main website. It also has a mobile application. You can find the products in different marketplaces. They are also available in retail stores.
Price of Koparo Clean products
Dishwashing liquid | Price of 500 ml |
Koparo Clean | ₹159 |
Other brands | ₹125 |
Laundry liquids | Price | Number of doses |
Koparo Clean | ₹529 | 45 |
Other brands | ₹440 | 33 |
Sales split of Koparo Clean
Website | 45% |
Amazon | 40% |
Big Basket | 8% |
Quick commerce & others | 7% |
Unit Economics of Koparo Clean
Gross margin | 34% |
Order processing, 3rd party logistics & warehousing | 28% |
Contribution margin 1 | 38% |
Contribution margin 2 | 4% |
The monthly loss is ₹21 Lakhs and the monthly burn is ₹27 Lakhs.
What are the Annual Sales of Koparo Clean?
Fiscal Year | Annual Sales |
2022 – 2023 | ₹4.5 Crores |
2023 – 2024 | ₹12 Crores Projected |
Which shark gave Koparo Clean an offer?
Vineeta Singh offered her ₹70 Lakhs for 2%.
Anupam Mittal offered her ₹70 Lakhs for 1.16%.
Aman Gupta & Vineeta Singh offered her ₹70 Lakhs for 1%.
Offer 1 | Offer 2 | Offer 3 |
Vineeta Singh – ₹70 Lakhs for 2% | Anupam Mittal – ₹70 Lakhs for 1.16% | Aman Gupta & Vineeta Singh – ₹70 Lakhs for 1% |
What deal did Koparo Clean get in Shark Tank India?
Koparo Clean got a deal from Aman Gupta & Vineeta Singh. The deal was ₹70 Lakhs for 1%.
Company Name | Koparo Clean |
Founder | Simran Khara |
Asked Amount | ₹70 Lakhs for 1% |
Final Deal | ₹70 Lakhs for 1% |
Sharks | Aman Gupta & Vineeta Singh |
Company Net Worth | ₹70 Crores |
Company Website | koparoclean.com |
Company Status | In Business |
What is the net worth of Koparo Clean?
After the two sharks deal, the net worth of Koparo Clean is ₹70 Crores. That’s the dream deal.
Is Koparo Clean still in Business?
Yes, Koparo Clean is still in the cleaning business.