More About Gulabo Jaipur
Gulabo Jaipur is inspired by the colors and prints of Rajasthan. Brought to you in beautifully designed fabrics stitched with Love at Jaipur, the Pink City of India. They have a range of products including Anarkalis, Lehengas, Co-Ord Sets, Kurta Sets, and more.
Founders of Gulabo Jaipur
Salman Malawat and Saloni Panwar are the co-founders of Gulabo Jaipur, an ethnic wear brand.
Gulabo Jaipur Shark Tank Pitch and Updates
Salman Malawat and Saloni Panwar appeared on Shark Tank India season 3 and shared details about their ethnic wear brand Gulabo Jaipur.
The founders started their pitch with a few models who were wearing products from the house of Gulabo Jaipur. After that, they shared a few lines about Jaipur and its rich cultural heritage. Saloni Panwar told the Sharks that she hasn’t done any designing course but she only handles the designing part for the brand.
As per the founders, their sales come from an official website, a flagship store, and leading marketplaces. They also shared that many celebrities have tried their products and loved them as well.
After that initial pitch, the founders demanded INR 90 Lakhs for 1% equity at a valuation of INR 90 Crores.
After that, the Sharks started asking various questions about their business:
- Aman Gupta asked the founders why they chose this business and also about their background that might have led to starting a clothing brand.
- Anupam Mittal wanted to know about their roles in the business and how they handle it. He also told the founders that their product range is not as per what their brand name suggests.
- Namita Thapar asked the founders about their specialization and how they position themselves in the market.
- Vineeta Singh asked the founders about their price range and found that they were selling at a premium price.
- Ritesh Agarwal asked the founders about their manufacturing process and how they are handling the same.
After all the discussion, the founders were not able to receive an investment offer from the Sharks because of various reasons.
| Company Name | Gulabo Jaipur |
| Founders | Salman Malawat and Saloni Panwar |
| Headquarters | Jaipur |
| Founded Year | 2014 |
| Business | Ethnic Wear Brand |
| Profitability | Yes |
| Shark Tank Episode | Season 3 – Episode 24 |
| Asked For | No Deal |
| Deal | No Deal |
| Sharks Invested | No Deal |
| Valuation Given | No Deal |
| Website | Click Here |
Gulabo Jaipur was not able to secure an investment in Shark Tank India because of various reasons shared by the Sharks.
Frequently Asked Questions About Gulabo Jaipur
After their appearance on Shark Tank India Season 3, people tried to find more information about Gulabo Jaipur. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Gulabo Jaipur?
Salman Malawat and Saloni Panwar are the co-founders of Gulabo Jaipur, an ethnic wear brand.
2. Is Gulabo Jaipur From Shark Tank India profitable?
Yes, Gulabo Jaipur is a profitable brand and they have around 15% EBITDA at a revenue of around 8 Crores as per their Shark Tank pitch.
3. What happened to Gulabo Jaipur after the Shark Tank?
Gulabo Jaipur was not able to secure a deal in Shark Tank India. However, they are working well towards their goals and are also offering various discounts for Shark Tank viewers.
4. What Is The Valuation of Gulabo Jaipur?
Gulabo Jaipur came on Shark Tank India to raise investment at a valuation of INR 90 crores.
