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What Happened to VsnapU After Shark Tank India?

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What is VsnapU?

VsnapU is a one-stop solution for all the photography needs of consumers. It’s an online platform where you can book a photographer for your needs. The service is available in 28 countries and 40 cities.

Who is the Founder of VsnapU?

Kaushik Singh, Anshu Sharma, Taranbir Singh Sahni & Parminder Singh Sahni are the founders of VsnapU. They want to organize the photography industry.

Taranbir handles the operations of the company. Parminder looks after the company strategy. Kaushik looks after the technology. Anshu looks after the business development side of VsnapU.

VsnapU Before Shark Tank India?

They started the company back in 2017.

VsnapU has completed more than 30,000 photoshoots. The platform has more than 1000 photographers ready to go.

VsnapU gives 55% commission to its photographers and takes 45% itself.

How much money did they ask for on the pitch?

They came to Shark Tank India seeking ₹50 Lakhs for 1.5% equity in the company VsnapU. Which gives the company a valuation of ₹33.33 Crores.

How much money did they raise for VsnapU?

They raised money in 2 rounds for VsnapU. The last round was,

TimeMoney RaisedValuation
2022₹2.1 Crores₹19.1 Crores

How to get VsnapU photographers?

You can simply go to their website and talk to an expert. You can see the sample photos. If you have any special requirements, then you can talk to them also. They will assign you a photographer according to your needs.

There are multiple plans that you can choose from. Once you choose a plan and pay the amount, you’ll get a photographer. After the photoshoot, you’ll get all the photos in HD version.

Pricing

Plan NamePriceDurationTotal Photo
Insta₹35001 Hour20
Zoom₹50002 Hour20
Focus₹70001 Hour30

Unit Economics of VsnapU

VsnapU monthly sales are ₹15 Lakhs. Among that VsnapU will keep 45%.

Which shark gave VsnapU an offer?

Vineeta Singh was out. She thought the photography industry wouldn’t grow in the long run. Because people have better gadgets, and they prefer to take photos themselves and edit them. That’s why she didn’t give any offer.

Anupam Mittal was out. He thought the customer acquisition cost would be super high in this industry.

Namita Thapar was out.

Peyush Bansal was out. He thought it would be tough to become a big brand in this industry.

Aman Gupta was out.

What deal did VsnapU get in Shark Tank India?

VsnapU didn’t get any deal in Shark Tank India.

Company Name VsnapU
Founder Kaushik Singh, Anshu Sharma, Taranbir Singh Sahni & Parminder Singh Sahni
Asked Amount ₹50 Lakhs for 1.5%
Final Deal No Deal
Shark No Shark
Company Net Worth ₹33.33 Crores
Company Website www.vsnapu.com
Company Status In Business

What is the net worth of VsnapU?

The net worth of VsnapU is ₹33.33 Crores.

Is VsnapU still in Business?

Yes, VsnapU is still in the photography business.


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