What Happened to Swadeshi Blessings After Shark Tank India?
What is Swadeshi Blessings?
Swadeshi Blessings is an Artisanal kitchenware & home décor brand that makes products using clay. Clay in India is considered one of the best in the world. It’s a crime not to use this for our everyday purpose.
Whatever accessories you need in your kitchen, Swadeshi Blessings has that option available for you.
Who is the Founder of Swadeshi Blessings?
Madhavi Paliwal, Sunita Vyas & Dattatreya Vyas are the founders of Swadeshi Blessings. They are from Udaipur. Sunita is Madhavis’s mother-in-law and Dattatreya is her brother-in-law.
They are doing full-time jobs and also managing this business online.
Madhavi is an MBA graduate. She takes care of business development & product sourcing.
Dattatreya is an electrical engineer. He takes care of the business operations & marketing.
Sunita is a homemaker.
They want to make this a global brand. They want to help the rural industry in India who works in this industry.
How much did they ask for in the pitch?
They asked for ₹50 Lakhs for 5% equity in the business. Which gives the company a valuation of ₹10 Crores.
How to get Swadeshi Blessings?
You can get Swadeshi Blessings from different marketplaces. The products are available on Etsy, Amazon, and Walmart. Their bestselling product is the Frying pan.
They’ve delivered these products in 25 different countries. Their monthly breakage is 3%.
Unit Economics of Swadeshi Blessings
| Total Sales | 100% |
| COGS | 40% |
| Shipping | 18% |
| Packaging | 5% |
| Channel Margin | 12% |
| Marketing | 10% |
| EBITDA | 15% |
How much money did they raise for Swadeshi Blessings?
They haven’t raised any money for Swadeshi Blessings yet.
What is the Annual Sales of Swadeshi Blessings?
| Fiscal Year | Annual Sales |
| 2020 – 2021 | ₹30 Lakhs |
| 2021 – 2022 | ₹1.8 Crores |
| 2022 – 2023 | ₹3.6 Crores Projected |
Their average product price is ₹900 in India & ₹7700 in abroad. Their monthly profit is 15%. 65% of their sales is from export and 35% of their sales is from India.
Which shark gave Swadeshi Blessings an offer?
Peyush Bansal was out but he was really impressed by them.
Anupam Mittal was out because he couldn’t understand the market fully. He advised them to grow their business more in the export segment.
Aman Gupta was out because he thought the brand building was missing in the scene right now.
Namita Thapar & Vineeta Singh gave the first and only offer. They offered ₹25 Lakhs for 5% equity and ₹25 Lakhs debt at 12% interest. Which gives the company a valuation of ₹5 Crores.
| Offer 1 |
| Namita Thapar & Vineeta Singh – ₹25 Lakhs for 5% equity & ₹25 Lakhs debt at 12% interest |
What deal Swadeshi Blessings got in Shark Tank India?
The founders took Namita & Vineeta’s deal.
| Company Name | Swadeshi Blessings |
| Founder | Madhavi Paliwal, Sunita Vyas & Dattatreya Vyas |
| Asked Amount | ₹50 Lakhs for 5% |
| Final Deal | ₹25 Lakhs for 5% equity & ₹25 Lakhs debt at 12% interest |
| Sharks | Namita Thapar & Vineeta Singh |
| Company Net Worth | ₹5 Crores |
| Company Website | www.swadeshiblessings.in |
| Company Status | In Business |
What is the net worth of Swadeshi Blessings?
Currently, the net worth of Swadeshi Blessings is ₹5 Crores after the Shark Tank India deal.
Is Swadeshi Blessings still in Business?
Yes, Swadeshi Blessings is still doing good business.
