Tramboo Sports is a cricket bat brand that sells high-quality Kashmir Willow bats. Their cricket bats are made from grade 1 Kashmir Willow which is handcrafted to perfection.
More About Tramboo Sports
Tramboo Sports provides high-quality bats that are lightweight, extremely durable, and pack an amazing punch.
Here are some other major insights from their Shark Tank pitch:
- They handcraft their bats using high-quality Kashmir Willow wood.
- The bats can be used to play with both leather and tennis balls.
- They started the business in 2021 and have sold more than 20,000 bats through social media and their own website.
Founders of Tramboo Sports
Hamaad Tramboo and Saad Tramboo are the co-founders of Tramboo Sports, one of the leading bat manufacturers in India.
Tramboo Sports Shark Tank Pitch and Updates
Hamaad Tramboo and Saad Tramboo appeared on Shark Tank India season 3 and shared details about their business.
The founders started their pitch by sharing more details about their journey and how they started Tramboo Sports.
As per the founders, they have the additional benefit of having their seasoning plant. This allows them to complete the seasoning process within weeks instead of years. They make around 70% of their sales from Instagram and others from an online website. Also, the founders have closed an export order recently to Katar for around 1000 cricket bats.
The founder then demanded INR 30 lakhs for 3% equity at a valuation of INR 10 crores.
After the initial pitch, they started getting multiple queries from the sharks related to their business and scalability.
- Anupam Mittal asked about their market size and how much growth they are expecting in the next few years.
- Ritesh Agarwal also asked various questions about their business process.
- Vineeta appreciated their efforts and the confidence they had at such a young age.
After all the discussion, Tramboo Sports received multiple offers from all the Sharks. In the end, they accepted a combined offer from Aman Gupta and Peyush Bansal.
Company Name | Tramboo Sports |
Founders | Hamaad Tramboo and Saad Tramboo |
Headquarters | Srinagar, India |
Founded Year | 2019 |
Business | Cricket Bat Brand |
Profitability | Yes |
Shark Tank Episode | Season 3 – Episode 7 |
Asked For | INR 30 lakhs for 3% equity |
Deal | INR 30 lakhs for 4% equity |
Sharks Invested | Aman Gupta and Peyush Bansal |
Valuation Given | INR 7.5 Crores |
Website | Click Here |
Tramboo Sports was able to secure a deal of INR 30 lakhs for 4% equity at a valuation of INR 7.5 crores from Aman Gupta and Peyush Bansal.
Frequently Asked Questions About Tramboo Sports
After their appearance on Shark Tank India Season 3, people tried to find more information about Tramboo Sports. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Tramboo Sports?
Hamaad Tramboo and Saad Tramboo are the co-founders of Tramboo Sports, one of the leading bat manufacturers in India.
2. Is Tramboo Sports From Shark Tank India profitable?
Yes, Tramboo Sports is a profitable business and they have around 25% monthly margin on revenue of around 18 lakhs a month.
4. What happened to Tramboo Sports after the Shark Tank?
Tramboo Sports was able to secure a deal from Shark Tank India and after that, they are working on scaling the export side of their business.
5. What Is The Valuation of Tramboo Sports?
Tramboo Sports was able to secure an investment from Shark Tank India at a valuation of INR 7.5 Crores.