Shark Tank India Season 2 Homestrap Fabric Furnishing Business presents equipment with new types of design to keep our Harroz accessories properly.
Hostrapy is focused on good design and prefers to make products that help people organize their homes.
Homestream is a leading e-commerce marketplace brand that sells products in categories like Home Storage and Organization, Furniture, and Art and Craft.
Founders of Homestrap Fabric Furnishing
Priyanka as a housewife and mother bring deep and valuable consumer insight into business, approving every prototype with a deep eye.
He has studied symbiosis and IIMBX and ITM Mumbai.
Akash has studied Sidenham Mumbai and KJ Somaiya. They are the first generation of entrepreneurs in their homes.
He is a clever businessman who understands the skill of conducting business operations and he monitors all the concepts in this business.
| Company Name | Homestrap Fabric Furnishing |
| Founder | Akash Mehta and Priyanka Mehta |
| Ask | ₹ 70 Lakhs for 1% equity |
About Homestrap Fabric Furnishing
Homestrap Fabric Furnishing Business makes such a thoughtful solution so easy to organize the wardrobe, that even a child can manage it.
Families can enjoy more free time to bond and relax rather than spending hours organizing their wardrobes from time to time.
They are digital-first home storage and solutions brands that are designed to make people’s lives easier and organize by solving the Great Indian Wardrobe Challenge.
Category of Homestrap Fabric
- Wardrobe Organizer
- Accessories Organizer
- Under Bed Organizer
- Drawer Organizer
- Laundry Organizer
- Shoe Organizer
- Kitchen Organizer
- Travel Organizer
- Storage Baskets & Boxes
| Company Name | Homestrap Fabric |
| Industries | Home and Furniture |
| Value of Company | ₹ 7.14 Crore* |
| Founded | 2016 |
| Company Headquarters | INDORE, MADHA PRADESH |
| Company Size | 11-50 employees |
Sales Revenue of Homestrap Fabric
- Homestrap Fabric Furnishing has been started in 2013.
- Research has shown that 70% of India’s 70% of India’s Home Storage Problems belong to the wardrobe.
- More than two million orders are acidic by Homestrap.
- Homastrep starts from 5-10 SKUs and provides home storage solutions up to 650 SKUs.
- Homestream directly employs more than 200 women.
- Homastrape has more than 1.5 million customers.
- The average selling price is ₹ 505.
| Year | Sales |
| 2016 | ₹ 2.13 Crore |
| 2017 | ₹ 7 Crore |
| 2018 | ₹ 9 Crore |
| 2019 | ₹ 12 Crore |
| 2020 | ₹ 19 Crore |
| 2022 | ₹ 22 Crore |
| Gross Margin | 55% |
| EBITDA | 3% |
Homastrape In Shark Tank India
| Shark anupam’s offer | ₹ 50 lakh for 10% equity, ₹ 20 lakh debate @10% interest |
| Business Pitcher’s Counter Offer | ₹ 50 lakh for 5% equity, ₹ 20 lakh debate @10% interest |
| Shark anupam’s revised offer | ₹ 70 lahks for 10% equity |
| Business Pitcher’s Countter Offer | ₹ 70 lahks for 6% equity |
| Shark anupam’s revised offer | ₹ 50 lahks for 8% equity, ₹ 20 lahks for debate |
| Business Pitcher’s Countter Offer | ₹ 50 lahks for 7% equity, ₹ 20 lahks for debate |
| Final Deal | ₹ 50 lahks for 7% equity |
| Investor | Shark Anupam |
