What Happened to Without After Shark Tank India?

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What is Without?

Without is an impact-faced startup that has a patented technology that separates the multiple layers of MLP. What is MLP, you may ask? Well.

Chips are made of multi-layered plastic. This is called MLP. Every year more than 38 Lakh Tons of MLP waste are generated in India. More than 50% ~ 80% of waste is untreated in India. There are more than 15 Lakhs waste pickers in India.

Without separates and then uses those extracted materials to make stuff like sunglasses and other products. Without makes high quality and durable products using those materials.

Who is the Founder of Without?

Anish Kishore Malpani is the founder of Without. He completed his studies at The University of Texas. Previously he was doing well in a job in New York. Then he moved to India to create an impact.

Without Before Shark Tank India?

Anish researched this problem for the last 2.5 years. He started the company in 2021. He sold 500 sunglasses in 6 days & 1000 sunglasses in a month.

Currently, Anish is also making an MLP recycling plant. Previously he could recycle only 5kg of MLP per day. But after the plant is complete, that number will rise to 50 ~ 100 kgs per day.

How much money did he ask for on the pitch?

He came to Shark Tank India seeking ₹75 Lakhs for 1% equity in the company Without. Which gives the startup a valuation of ₹75 Crores.

How much money did he raise for Without?

He invested ₹1.8 Crore of his own money into the startup. He received a ₹60 Lakhs grant from Unilever.

TimeMoney RaisedValuation
2023₹4.9 Crores₹52 Crores CAP
2023₹11.6 Crores₹64 Crores Pre Money

Price of Without sunglasses

Mid quality₹1599

Which shark gave Without an offer?

Aman Gupta was interested in the startup. He offered him ₹30 Lakhs for 1% & ₹45 Lakhs debt at 10% interest for 2 years. He valued the startup at ₹30 Crores.

Anupam Mittal was out. He didn’t like the valuation.

Radhika Gupta was out. She couldn’t figure out how to make money from this startup in the long run.

Ronnie Screwvala offered him ₹75 Lakhs for 3%.

Peyush Bansal was interested in the startup also. He joined Ronnie Screwvala’s offer.

Offer 1Offer 2
Aman Gupta – ₹30 Lakhs for 1% & ₹45 Lakhs debt at 10% interestPeyush Bansal & Ronnie Screwvala – ₹75 Lakhs for 3%

What deal did Without get in Shark Tank India?

Without got a deal from Peyush Bansal & Ronnie Screwvala in Shark Tank India. The deal was ₹75 Lakhs for 3% equity in the company Without.

Company Name Without
Founder Anish Kishore Malpani
Asked Amount ₹75 Lakhs for 1%
Final Deal ₹75 Lakhs for 3%
Sharks Peyush Bansal & Ronnie Screwvala
Company Net Worth ₹25 Crores
Company Website without.live
Company Status In Business

What is the net worth of Without?

The net worth of Without is ₹25 Crores.

Is Without still in Business?

Yes, Without is still in the MLP recycling business.

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