More About Rubbabu
The main component of Rubbabu toys is natural rubber foam which makes up 97% of the toy. It’s anti-microbial, hypo-allergenic, and mildew-resistant.
Founders of Rubbabu
Rahul Butalia, Meghla Bhardwaj, and Meera Butalia are the co-founders of Rubbabu, a soft toys brand.
Rubbabu Shark Tank Pitch and Updates
Rahul Butalia, Meghla Bhardwaj, and Meera Butalia appeared on Shark Tank India season 3 and shared details about their toy brand Rubbabu
The founders started their pitch by sharing about their factory where they produce toys made of natural rubber foam. Also, they shared that all their products are biodegradable and sold worldwide. Apart from that, they told the Sharks that their toys are unique and no one else in the world is working on similar products.
After that initial pitch, the founders demanded INR 2 Crores for 5% equity at a valuation of INR 40 Crores.
After that, the Sharks started asking various questions about their business:
- Anupam Mittal liked the products and appreciated the founder about the same. He asked the founders if they were focusing on the local market or the international one. He also asked them about their revenue, profit margins, and more.
- Ritesh Agarwal asked them about their target audience and what age group they are targeting with their toys.
- Namita Thapar asked Rahul how he feels while working on this business even at this age and how he gets his inspiration.
- Aman Gupta asked the founders about their roles in the company and if there were any other people involved in the company.
After all the discussion, the founders were not able to receive an investment offer from the Sharks because of various reasons.
Company Name | Rubbabu |
Founders | Rahul Butalia, Meghla Bhardwaj, and Meera Butalia |
Headquarters | Gurgaon |
Founded Year | 2005 |
Business | Natural Rubber Foam Toys |
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 |
Rubbabu was not able to secure a deal in Shark Tank India because the Sharks were a bit hesitant about collaborating with the founder and also the investment requirement did not match their expectations.
Frequently Asked Questions About Rubbabu
After their appearance on Shark Tank India Season 3, people tried to find more information about Matri. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Rubbabu?
Rahul Butalia, Meghla Bhardwaj, and Meera Butalia are the co-founders of Rubbabu, a soft toys brand.
2. Is Rubbabu From Shark Tank India profitable?
Yes, Rubbabu is a profitable toy brand and they had around 13% profit margins on a revenue of around 4 Crores as per their Shark Tank pitch.
3. What happened to Rubbabu after the Shark Tank?
Rubbabu was not able to secure a deal in Shark Tank India. However, they are still working on their business to expand it in both local and International markets.
4. What Is The Valuation of Rubbabu?
Rubbabu came on Shark Tank India to raise investment at a valuation of INR 40 crores.