Bangalore-based Moms Home, founded by Bhupendra Agrawal & Kumar Vaibhav, is a brand specializing in sustainable baby essentials made from organic cotton and bamboo.
The company aims to provide parents with affordable, high-quality, and chemical-free products for their newborns.
Their range includes: Muslin essentials, Infant clothing, Shower gifts, Hospital bag must-haves, Reusable nappies.
While revenue has grown steadily, profitability took a hit in the last two years. They are investing heavily in expansion, marketing, & customer acquisition, causing short-term losses.
The founders walked into Shark Tank India, seeking ₹75 lakh for 1% equity, valuing the company at ₹75 crore.
Offers made by sharks: Vineeta offered ₹75 lakh for 3% equity + 1% royalty until ₹1.125 crore is recouped, Ritesh offered ₹75 lakh for 4% equity at a valuation of ₹18.75 Cr.
After multiple counteroffers and jokes, the founders sealed the deal with sharks Vineeta for ₹75 lakh for 2% equity + 1% royalty until ₹93.75 lakh is recouped.