More About Fabriclore
Fabriclore is simplifying fabric sourcing for fashion brands by being a one-stop solution for all their fabric related requirements.
Founders of Fabriclore
Vijay Sharma, Anupam D Arya, and Sandeep Sharma are the cofounders of Fabriclore.
Fabriclore Shark Tank Pitch and Updates
Vijay Sharma, Anupam D Arya, and Sandeep Sharma appeared on Shark Tank India season 3, sharing details about their business Fabriclore.
The founders started their pitch by sharing the fact that outsourcing fabric is a difficult process and takes a lot of time for brands and individual players. To help with a complete solution that takes care of all the processes and provides them with quality fabric materials, they started Fabriclore.
As per the founders, in the last few years, they have collaborated with more than 200+ vendors to create a production and design ecosystem. With the ecosystem, they have helped more than 250 customers to date.
After that initial pitch, the founders demanded INR 68.7 Lakhs for 1% equity at a valuation of INR 68.7 Crores.
After that, the Sharks started asking various questions about their business:
- All the Sharks were amazed with their choice for such unique valuation and ask for the money.
- Peyush Bansal asked the founders from where did they get the inspiration to start this business. The founders answered that they were running the brand as a B2C brand for the last 6 years and recently pivoted it in a B2B brand.
- Amit Jain asked the founders about their background and how they went into this market of fabrics.
- All the Sharks asked various questions about their previous business model, investment rounds, and why they had to pivot to a new business model.
- Namita Thapar asked them about the type of customers they deal with and how they acquire those customers.
- Anupam Mittal was not much impressed as the founders were in loss and also had a debt for their business.
After all the discussion, the founders did not receive any investment offers from the Sharks because of various fundamental reasons.
| Company Name | Fabriclore |
| Founders | Vijay Sharma, Anupam D Arya, and Sandeep Sharma |
| Headquarters | Jaipur |
| Founded Year | 2016 |
| Business | Fabric Sourcing Platform |
| Profitability | No |
| Shark Tank Episode | Season 3 – Episode 26 |
| Asked For | INR 68.7 Lakhs for 1% equity |
| Deal | No Deal |
| Sharks Invested | No Deal |
| Valuation Given | No Deal |
| Website | Click Here |
Fabriclore was not able to secure a deal in Shark Tank India because of various reasons as shared by the Sharks.
Frequently Asked Questions About Fabriclore
After their appearance on Shark Tank India Season 3, people tried to find more information about Fabriclore. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Fabriclore?
Vijay Sharma, Anupam D Arya, and Sandeep Sharma are the cofounders of Fabriclore.
2. Is Fabriclore From Shark Tank India profitable?
No, Fabriclore is not yet a profitable brand. They were making a loss of around 14 lakhs every month on a revenue of around 40 lakhs.
3. What happened to Fabriclore after the Shark Tank?
Fabriclore was not able to raise an investment from Shark Tank India. However, the Sharks gave them various advices that they can follow and save their business in the future.
4. What Is The Valuation of Fabriclore?
Fabriclore came on Shark Tank India to raise an investment at a valuation of INR 68.7 Crores.
