Ghar Soaps: ₹ 60 Lakhs for 4% Equity Win on Shark Tank India

The Ghar Soaps Business Brand’s goal is to maintain a simplicity in everything it does. Ghar Soaps provides all the skincare essentials needed to make skincare routines simple yet impactful. More than just a soap seller, Ghar Soap embodies the essence of cleanliness and lather. The brand is committed to consistently offering reliable products that address and safeguard against various skin concerns. In addition to soaps, Ghar Soap offers a range of skin-focused items such as Facewash, Ubtan, Bath Salts, Body Massage Oil, and more.

Click here to visit their official website: Ghar Soaps

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Sayyam Jain and Sunny Jain are half-brothers. Sayyam’s mother married Sunny’s father after the passing of Sunny’s mother. Soon after, Sunny and Sayyam’s father also passed away. Later, Sayyam’s mother remarried, and this is where Sayyam grew up. Sayyam is responsible for planning the new venture, while Sunny assists with operations, accounting, and other tasks. Despite their unique family situation, there is no conflict between them, and they both have an equal market share in the business.

Their paths crossed about 10 to 12 years ago. Sayyam was a top student in school, but after achieving 98% in 11th grade, he purposely failed and moved to Pune to study digital marketing. While running an e-commerce business, he successfully established a billion-dollar company, only to face betrayal from his partner. In his subsequent venture, he focused on providing services, but once again, he was deceived. Drawing on his experiences and network, he has now built a flourishing drop shipping company which initially faced stiff competition but has now stabilized into a successful operation.

Namita left the company because she had previously put her money into a skincare business that appeared on the first season of Shark Tank. Amit departed, mentioning that he felt the products lacked substance.

The co-founders of Ghar Soaps, Sayyam Jain and Sunny Jain, happen to be step-brothers. Sunny Jain’s mother passed away when he was young, and his father remarried, leading to the birth of Sayyam. Unfortunately, their father also passed away a few years later. Sayyam was raised in his mother’s new family after she remarried. Peyush thought the business was not worth investing in and stressed the importance of having a clear vision for the company. Despite this, he still offered ₹60 Lakh for a 10% stake. Anupam matched Peyush’s offer, and they ended up jointly investing in the business.

Aman made an independent offer of ₹60 Lakh for 10%, boasting about his expertise in the marketplace. This sparked a heated discussion among the investors. After some negotiations, the company proposed ₹1 Crore for a 5% stake. The entrepreneurs expressed their concern about the valuation, and Aman then offered ₹60 Lakh for 4%, which both Peyush and Anupam agreed to match. The entrepreneurs ultimately accepted Aman’s offer.

According to our investigation, the Ghar Soap company successfully sealed a deal with Aman Gupta and is doing well in 2023. Founder Sayyam gave an interview shortly after the episode aired with Nick Arora, where he mentioned that the company’s website saw a huge increase in traffic, jumping from hundreds to 7,000 visitors at its peak when the show aired. They earned the sales of 7 Lakh INR the day after the episode and another 7 Lakh INR on the second day. As of October 2023, they have gathered over 136,000 followers on Instagram and are experiencing rapid growth.