Swadeshi Blessings specializes in eco-friendly earthenware cooking utensils and home decor, impressing Shark Tank with their dedication to all-natural alternatives
Madhavi Paliwal, Dattatreya Vyas, and Sunita Vyas are the founders of Swadeshi Blessings, with respective roles in product sourcing, business development, and marketing operations
They have achieved significant growth since starting in 2020, with a high gross margin and substantial revenue from exports
Vineeta and Namita offered Rs. 25 Lakh for 5% equity and an equivalent amount as debt with a collaboration proposal
The founders counteroffered at 4% equity, but the sharks refused, leading to the acceptance of the initial offer
The company achieved a monthly breakage rate of only 3% and has delivered over 25,000 products across India and 25 other countries
They saw impressive growth, with revenues projected to reach Rs. 3.6 Crores, a 500% increase from the previous fiscal year