What Happened to Raja Rani Coaching After Shark Tank India?
What is Raja Rani Coaching?
Raja Rani Coaching is a tailoring academy. It’s one of the fastest-growing ever. There are live courses, notes & recorded courses available on the platform. They have mobile applications on both Google Play Store and Apple Store.
Their target audience is boutique owners, high school graduates, tailors & fashion design graduates.
Some of the popular courses are,
- Kaftan Gathered Top & Bottom
- Princess Cut Deep Neck Blouse Workshop
- PriyaMG Pattern Special Blouse Workshop
- Pre-Wedding Tail Gown Workshop
Who is the Founder of Raja Rani Coaching?
Mohit Kalubhai Gadhiya & Priya Mohit Gadhiya are the founders of Raja Rani Coaching. They are husband and wife. Mohit is 25 & Priya is 23 years old. They studied fashion design at INIFD.
They are from Surat. They want to open hybrid coaching centers all around India.
Equity split of Raja Rani Coaching
| Mohit | 50% |
| Priya | 50% |
Raja Rani Coaching Before Shark Tank India?
They started the company Raja Rani Coaching back in 2021. More than 70,000 students learned tailoring from Raja Rani Coaching. Priya is the brand ambassador of Raja Rani Coaching.
They have 250k followers on YouTube and 1.4 million followers on Instagram.
In the future, they want to launch more courses. Such as Boutique management courses, fashion photography, illustrations, etc.
They sell Farma also. The Farma size ranges from 28 ~ 44. The selling price of Farma is ₹2000.
The Indian tailoring market size is ₹27000 Crores.
How much money did they ask for Raja Rani Coaching on the pitch?
They came to Shark Tank India seeking ₹1.3 Crores for 5% equity in the company Raja Rani Coaching. Which gives the company a valuation of ₹26 Crores.
How much money did they raise for Raja Rani Coaching?
They haven’t raised any money. It’s a self-proprietorship company. They’ll convert it into a private limited company.
How to get Raja Rani Coaching courses?
You can get all the online courses on their main website. If you live in Surat, then you can contact them and opt for offline courses as well.
You can use their mobile applications also.
Raja Rani Coaching Benefits
| Stage | Monthly Earnings |
| Before course completion | ₹10,000 ~ ₹15,000 |
| After course completion | ₹40,000 ~ ₹50,000 |
Price of courses
| Full course | ₹37,500 |
| Blouse masterclass | ₹4400 |
| Workshops | ₹99 |
Unit Economics of Raja Rani Coaching
| Gross merchandise value | ₹118 |
| GST | ₹18 |
| COGS | ₹25 |
| Customer acquisition cost | ₹7 |
| Other costs | ₹1 |
| EBITDA | ₹67 |
What are the Annual Sales of Raja Rani Coaching?
| Fiscal Year | Annual Sales | Profit |
| 2022 – 2023 | ₹78 Lakhs | |
| 2023 – 2024 | ₹6 Crores Projected | 44% |
Which shark gave Raja Rani Coaching an offer?
Vineeta Singh was out. She thought the business was highly profitable, but it wasn’t investable. It’s a great lifestyle business.
Aman Gupta was out. He advised them not to take any investment from any shark.
Namita Thapar was out. She agreed with Vineeta and Aman.
Amit Jain gave them 2 offers.
- ₹1.3 Crores loan for 10% royalty until ₹2.6 Crores is recouped, 0% equity.
- ₹50 Lakhs for 10% & ₹80 Lakhs debt at 15% interest
Anupam Mittal also gave them the same 2 offers.
| Offer 1 | Offer 2 |
| Amit Jain – ₹1.3 Crores loan for 10% royalty until ₹2.6 Crores is recouped, 0% equity | Anupam Mittal – ₹1.3 Crores loan for 10% royalty until ₹2.6 Crores is recouped, 0% equity |
| ₹50 Lakhs for 10% & ₹80 Lakhs debt at 15% interest | ₹50 Lakhs for 10% & ₹80 Lakhs debt at 15% interest |
What deal did Raja Rani Coaching get in Shark Tank India?
Raja Rani Coaching didn’t get any deal in Shark Tank India.
What is the net worth of Raja Rani Coaching?
The net worth of Raja Rani Coaching is ₹26 Crores.
Is Raja Rani Coaching still in Business?
Yes, Raja Rani Coaching is still in the tailoring business.
