What Happened to Tramboo Sports After Shark Tank India?
What is Tramboo Sports?
Tramboo Sports is a cricket bat company that makes high-quality bats made of Kashmir willow.
Who is the Founder of Tramboo Sports?
Hamaad Tramboo & Saad Tramboo are the founders of Tramboo Sports. They are from Kashmir. Saad is 20 & Hamaad is 18 years old.
They are both BBA students.
Tramboo Sports Before Shark Tank India?
They started Tramboo Sports back in 2021. They’ve sold 20,000+ bats in total. They generated these sales using social media platform and their website. On Instagram, Tramboo Sports has 43k followers.
They export these bats also. Currently, they are selling 1000 bats per month.
How much money did they ask for on the pitch?
They came to Shark Tank India seeking ₹30 Lakhs for 3% equity in their company Tramboo Sports. Which gives the company a valuation of ₹10 Crores.
How to get Tramboo Sports?
You can get Tramboo Sports bats from their official website. These bats are available in different marketplaces also.
How does Tramboo Sports make high-quality bats?
- First, they select Kashmir willow logs
- They check the quality of those logs
- They check the grains and grade the logs
- They turn these logs into clefts
- Then they send those logs to their seasoning facility
- They complete the seasoning within a week using steam-based seasoning plants
- After seasoning, the logs are sent to the manufacturing unit
- In the manufacturing unit, the logs are hard-pressed
- Then they attach Singapore cane handles to the bats
Unit Economics of Tramboo Sports
Type of Bats Price
| Tennis bats | ₹1800 |
| Season bats | ₹3000 |
Profit Margin
| Tennis bats | 25% |
| Season bats | 35% ~ 45% |
They are making ₹5 ~ ₹6 Lakhs profit per month.
What are the Annual Sales of Tramboo Sports?
| Fiscal Year | Annual Sales |
| 2023 – 2024 | ₹6 ~ ₹7 Crores |
Which shark gave Tramboo Sports an offer?
Vineeta Singh was interested in the business. She offered them ₹30 Lakhs for 10% equity in Tramboo Sports.
Anupam Mittal was interested in the business. He joined Vineeta’s offer.
Aman Gupta offered them ₹30 Lakhs for 6%.
Ritesh Agarwal offered them ₹30 Lakhs for 4%.
Peyush Bansal offered them ₹30 Lakhs for 3%.
| Offer 1 | Offer 2 | Offer 3 | Offer 4 | Offer 5 |
| Vineeta Singh – ₹30 Lakhs for 10% | Anupam Mittal – ₹30 Lakhs for 10% | Aman Gupta – ₹30 Lakhs for 6% | Ritesh Agarwal – ₹30 Lakhs for 4% | Peyush Bansal – ₹30 Lakhs for 3% |
And just like that, 2 young boys from Kashmir got all the sharks interested in their business Tramboo Sports.
What deal did Tramboo Sports get in Shark Tank India?
Tramboo Sports got a deal in Shark Tank India from Aman Gupta & Peyush Bansal. The deal was ₹30 Lakhs for 4% in Tramboo Sports.
| Company Name | Tramboo Sports |
| Founder | Hamaad Tramboo & Saad Tramboo |
| Asked Amount | ₹30 Lakhs for 3% |
| Final Deal | ₹30 Lakhs for 4% |
| Sharks | Aman Gupta & Peyush Bansal |
| Company Net Worth | ₹7.5 Crores |
| Company Website | tramboosports.com |
| Company Status | In Business |
What is the net worth of Tramboo Sports?
After the Shark Tank India deal, the net worth of Tramboo Sports is ₹7.5 Crores.
Is Tramboo Sports still in Business?
Yes, Tramboo Sports is still spreading happiness with their cricket bats.
