Assam natives Kirti Bikram Acharya, Sourav Chakraborty, and Satyajit Chakraborty founded HealthFab which offers Go Pad Free reusable period panties.
HealthFab aims to provide comfortable, leak-proof alternatives to menstrual products that are disposable.
The founders believe modern menstrual hygiene should prioritize convenience, affordability, and sustainability.
HealthFab's annual sales grew from ₹3 lakh in FY19-20 to ₹8.34 crore in FY23-24, showing strong demand.
The brand’s revenue trajectory impressed the sharks, but there was one problem—the company had lowered its prices, causing a slight dip in profitability.
The founders walked into Shark Tank India asking for ₹1 crore in exchange for 3% equity, valuing the company at ₹33 crore.
After intense negotiations, the founders secured a ₹2 crore deal in exchange for 7% equity from the 4 sharks, Aman Gupta, Anupam Mittal, Piyush Bansal, and Vineeta Singh, each contributing ₹50 lakh.
Despite initial hesitations, the sharks saw potential in HealthFab due to:A Rapidly Growing Market, Strong Sales Performance, A Clear Expansion Plan