Girgit founder Pooja Bajaj Shah introduced color-changing apparel on Shark Tank India
The business sought ₹20 lakhs for a 10% stake, eventually accepting ₹20 lakhs for 20% equity
Girgit uses special pigments to enable color change in response to sunlight and water
In one year, Girgit achieved ₹58 lakhs in revenue with a 79% gross margin
The company targets both kids and adults, distributing products through various channels
Founder Pooja Bajaj Shah took inspiration from her family's textile business and love for children
Pooja's pitching witnessed multiple sharks opting out due to scalability concerns
Namita Thapar offered ₹20 lakhs for a 20% stake and suggested strategic direction changes
The negotiated deal led to Namita acquiring a 20% equity stake in Girgit