Sayonara is an innovative clothing brand in India that manufactures petticoats. Sahil Shaha, the man behind the idea, works as a market researcher and came up with this unique idea. He believed that petticoats have been around for more than 500 years and no innovation has been made to them once.
More About Sayonara
Sahil appeared in Shark Tank India Season 2 Episode 18 with prototypes. The business was in the ideation phase. He built a few prototypes, and there were no sales by the time he appeared on the show.
Sahil believed that women look gorgeous in a saree, but they have to face many challenges due to the petticoat. It’s hard to walk wearing them. The biggest struggle is using the restroom (especially Indian) because the petticoat either gets wet or you have to keep holding it.
Sayonara petticoats are specially designed to address these issues. You can wear petticoats on your arms while sitting down. Sahil believed as your arms are free, you can easily use them for different purposes. Such as →
- You can use a mobile while sitting in the washroom.
- If you are traveling on a train, you can hold on to something for balance.
Sayonara Shark Tank Pitch and Updates
Sahil appeared on Shark Tank India Season 2 Episode 18 and demanded INR 1 crore for a 10% equity at a valuation of 10 crores.
After the initial pitch, the shark could not contain their laughter. However, Sahil remained calm and composed throughout the entire pitch.
He also informed the judges that he filed for a patent, and it’s pending. Namita said that wet petticoats are indeed an issue, and such a solution is needed. But she also believed that it could easily be copied and holds no future.
She felt the product only had two things – a slit and the naada (string) and a lot of people would copy it after the Shark Tank India episode. Aman told Sahil never to think about this idea again and focus on something else.
|Shark Tank Episode||Season 2 – Episode 18|
|Asked For||INR 1 crore for 10% equity|
Sharks did not believe in the idea. Hence, Sayonara did not get any deals from the sharks. Namita did admire Sahil and said he did noble work by inspiring people with this idea.
Frequently Asked Questions About Sayonara
After their appearance on Shark Tank India Season 2, people were trying to find more information about Sayonara. Here are some of the frequently asked questions about them.
1. Who Is The Founder of Sayonara?
Sahil Shaha is the founder of Sayonara.
2. Is Sayonara Profitable?
Sayonara is in the pre-revenue stage and hasn’t made any sales by the time Sahil appeared on Shark Tank India.
3. Why did sharks not invest in Sayonara?
Namita was out of the deal because it was pre-revenue and she thought the idea could be easily copied. Amit Jain, too felt it was a repeatable and copiable idea that cannot build a business, so he was out.
Aman was upfront and said this could not become a business and rejected the deal. Peyush asked Sahil to change the logo and said he was out too. Anupam believed it was a good idea. He also said you could open a shop and build a business around it.
But he didn’t believe that the business can be an investable one or could scale to that level. Anupam felt the patent would not help much either, and that’s why he also turned down the deal.
4. What happened to Sayonara after Shark Tank?
Sahil did not get the deal, but it seems he hasn’t lost hope yet. He has been active on social media and has taken all the feedback positively, as one can observe in his posts.