What is Sayonara?
Saree is such a cloth that makes every woman instantly beautiful and 10 times more appealing. To wear a saree one needs to wear a petticoat also.
But once you wear a saree it’s very difficult to go to the washroom. The bottom part gets wet in the bathroom. To solve this problem Sayonara brand was created. Sayonara offers a different type of petticoat which a woman can easily pull up and it’ll become like a shirt. There’s also a patent filed for this product.
This petticoat will keep your hands free. While in the bathroom, one can easily do her task without wetting the petticoat.
Who is the Founder of Sayonara?
Shahill Shaha is the founder of Sayonara. He is from Kolkata. He’s a market researcher by profession.
How much money did he ask for Sayonara?
He came to Shark Tank India seeking ₹1 Crore for 10% equity in the business. Which gives the company a valuation of ₹10 Crores.
The product is still in its prototype stage. Shahill hasn’t sold a single product yet.
Namita Thapar said the problem was real. And the product could be actually useful. But since the innovation is so little in this, anyone can just copy the product. Meaning, no one will buy this product from Sayonara. They’ll go to their tailors and make it themselves.
Which shark gave Sayonara an offer?
Namita Thapar was out because this was a pre-revenue startup. And the product was easily replaceable.
Amit Jain was out because the product could be easily replicated.
Aman Gupta was out because this couldn’t become a business according to him. He advised him to not pursue this anymore in the future.
Peyush Bansal was out and advised Shahill to change the logo.
Anupam Mittal was out because the business was not investable at the moment.
|₹1 Crore for 10%
|Company Net Worth