The Honest Home Shark Tank India Season 3: In the first episode of the 3rd installment of Shark Tank India The Honest Home presents the products that they represent as eco-warriors as they are completely plastic-free. Here we are to tell you everything about The Honest Home Shark Tank India Season 3 business deal and many more.
The Honest Home Shark Tank India Season 3
The Honest Home is a general home products manufacturing company that provides all home cleaning eco-warrior, recyclable, and zero-plastic products. The founder of The Honest Home is selling his vision to provide more sustainable products with the tagline GOOD FOR YOU BETTER FOR THE PLANET.
Founder Of The Honest Home
Mayank Pratap Sisodiya is the founder of The Honest Home. He established his business through his life learnings. He belongs to a small town Dhampur. His work experience includes companies like Unilever and Kapiva Ayurveda.
His father was a farmer and thus was well aware of the importance of the Earth, he sees the Earth as the source of everything and thus is producing plastic-free products. He believes that you can gain some respect in the world by adding some value and he found its way with Honesty. By combining all his learnings he founded The Honest Home.
The Honest Home Shark Tank Business Deal
The Honest Home appeared in the 1st Episode of Shark Tank India Season 3 and presented its businesses to the Shark to get some funding. The founder of The Honest Home, Mayank Sisodiya asked for Rs 1 Crore in exchange for 2% equity.
Vineeta Singh gave him the first offer, Rs 1 Crore for 4% equity + 1% royalty until Rs 1.5 recoup and Amit Jain matched her offer. Anupam Mittal gave him another offer of Rs 1 Crore for 3% equity + 1% royalty until Rs 2 recoup and Aman Gupta matched his offer. After much conversation Vineeta, Aman, and Anupam came together while Amit decided to go solo. Namita Thapar was out of the deal.
Finally, The Honest Home Shark Tank business deal was locked with Amit Jain for Rs 1 Crore for 3% equity + 1% royalty until Rs 1.5 recoup.
Meet: All the 12 Shark Tank India Season 3 Judges.
Final Words
In this write-up, I have provided you with all the crucial details regarding The Honest Home Shark Tank India season 3 including its business deal. From the founder of The Honest Home, we have learned the value of honesty which is a crucial part of our lives.
Hope this write-up containing, The Honest Home Shark Tank India season 3 was useful and informative for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
Get Here: Every update about Shark Tank India Season 3 immediately.
FAQs
Who is the founder of The Honest Home?
Mayank Sisodiya is the founder of The Honest Home.
Did The Honest Home get funding for the shark tank?
The Honest Home successfully raised Rs 1 Crore from CarDekhi Group founder Amit Jain by diluting 3% equity with 1% royalty until Rs 1.5 Crore recouped.