Archives January 2023

Very Much Indian Shark Tank

Very Much Indian Raises Rs.50Lakh from Shark Tank India S2 E2

Very Much Indian is an India-based saree brand known for its high-quality, handmade sarees, founded by Slony Gambhir. The brand offers a great selection of sarees in a variety of designs, at affordable prices.

It is associated with over 400 weavers communities all over India and provides sarees of all types, including silk, cotton, polyester, with zari, without zari, mill made and more.

Not only that, but you can find sarees at all price ranges, from the cheapest to the most expensive.

Plus, this company connects directly with weavers from all over India to bring you authentic sarees like Pure Silks, Cotton, Cotton Silks, Linen, Paithani, Banarasi, Kota, Kalamkari, Maheshwari and more.

Very Much Indian Shark Tank

Very Much Indian: Details

Brand Name Very Much Indian
Founded Jan 2016
Founder Slony Gambhir
Niche Premium Saree Manufacturing
Asked in Shark Tank Rs.50,00,000 for a 3% equity
Final Deal Rs.50,00,000 for a 10% equity
Shark Investors Namita Thapar and Aman Gupta
Episode Shark Tank India S2 E2 
Episode Air Date January 3, 2023
HQ Pune, Maharashtra, India
Website Visit Now

About the Founder of Very Much Indian: Slony Gambhir

At the age of 14, Slony Gambhir began helping her family business, a textile store, managing clients and handling accounts. After completing her BTech and MBA studies, she spent 10 years in the corporate world.

In 2016, she decided to start her own saree business, Very Much Indian, taking a loan of 25 sarees from her father and with the support of her husband.

Later, she and her husband pitched their business to the Sharks on Shark Tank India Season 2 Episode 2, asking for ₹50 Lakhs in exchange for 3% equity at a ₹16.67 Crores Valuation.

Very Much Indian Shark Tank Pitch and Story

Slony and her husband went on Shark Tank India and asked the Sharks for50 lakhs in exchange for 3% equity. Slony talked about her business and how it works, as well as its sales. At the start, Slony had a hard time and used to go doortodoor selling sarees.

Namita Thapar was interested and said she would invest in the business.

In 201819 the annual sales were17 lakhs, and in 201920 they rose to20 lakhs. During the pandemic of 202021, their annual sales skyrocketed by 225% to65 lakhs. By the financial year 202122, the annual sales had reached1.5 crores.

Namita and her team estimated that by the end of 2023, they would have an annual sale of2 crores, with each saree being sold at10,000 and a gross margin of 35%, resulting in a profit of around 15%.

To make a deal, Namita offered50 lakhs for 10% equity at a5 Crores valuation, as the business was selling 100+ sarees every month.

However, Peyush Bansal said since Namita already made a good offer, so he was out. Vineeta Singh also agreed that Namita‘s offer was good, so she was out too.

Anupam Mittal wasn‘t interested in the textile business, so he was out too as well.

Aman Gupta and Namita teaming up, offered 50 lakhs for 10% equity.

The entrepreneur countered with75 lakhs for 10% equity at a 7.5 Crores valuation, but Namita stayed firm on the5 Crore valuation, and Manish and Slony agreed to it.

Final Offer: 50 Lakh, at 5Crore valuation, for 10% Equity (5% each – Namita Thappar and Aman Gupta)

FAQ

Who is the founder of Very Much Indian?

Slony Gambhir.

Where is Very Much Indian head quartered?

Pune, Maharashtra, India

Did Very Much Indian manage to raise funds in Shark Tank India?

Yes, very Much Indian raised 50 lakhINR for 10% equity.

What is the current valuation of Very Much Indian?

5 Crore.

Who offered deal to Very Much Indian?

Shark Aman Gupta and Namita Thappar

how to make money

23 ways to Make Money In India as a Student in 2023

In the era of globalization and technological advancements, the opportunities for students to make money have increased multifold. There are various ways in which students can make money and achieve financial independence. While some of these methods may be conventional, there are a number of innovative ways in which students can make money.

In this article, we will explore 23 ways in which students can make money in India in 2023.

how to make money

Start a small business

There are many opportunities for starting a small business in India. Students can start a small business in their hometowns or in the cities where they attend school. There are many online resources that can help students start a small business, including business planning templates and tips for marketing and financial management.

Mode: Online/Offline

Offer tutoring services

One of the best ways to make money in India as a student is to offer tutoring services. There is a high demand for tutoring services in India, and many students are willing to pay for help with school subjects or test preparation.

Mode: Online/Offline

Start a blog or online magazine

Starting a blog or online magazine is a great way to share your interests and make money in India as a student. There are many ways to monetize a blog or online magazine, including through advertising, sponsored content, and affiliate marketing.

Mode: Online

Sell handmade crafts

There is a growing demand for handmade crafts in India, and students can take advantage of this by selling their own creations online or at local craft shows.

Mode: Online/Offline

Manage a pet sitting business

Many students in India live in apartments that do not allow pets, so there is a high demand for pet sitting services. Students can start a pet sitting business by advertising online or through word-of-mouth.

Mode: Offline

Sell used textbooks

Students in India often have to buy new textbooks each semester, which can be costly. Students can save money by selling their used textbooks online or through local classifieds.

Mode: Online/Offline

Provide computer repair services

Many students in India have experience repairing computers and other electronic devices. Students can start a computer repair business by advertising online or through word-of-mouth.

Mode: Offline

Offer design services

Students with experience in graphic design, web design, or other creative fields can offer their services to businesses and individuals in India.

Mode: Online/Offline

Write articles for websites or blogs

Students with writing skills can make money in India by writing articles for websites or blogs. There is a high demand for content, and many websites are willing to pay for quality articles.

Mode: Online

Sell handmade jewelry

Students with experience in jewelry making can sell their creations online or at local craft shows.

Mode: Online/Offline

Sell handmade soaps and candles

Handmade soaps and candles are popular items to sell in India. Students can start a soap or candle business by selling online or at local craft shows.

Mode: Online/Offline

Sell handmade clothing

Handmade clothing is popular in India, and students can start a clothing business by selling online or at local craft shows.

Mode: Online/Offline

Sell handmade bags and purses

Handmade bags and purses are popular items to sell in India. Students can start a bag or purse business by selling online or at local craft shows.

Mode: Online/Offline

Sell handmade furniture

Handmade furniture is popular in India, and students can start a furniture business by selling online or at local craft shows.

Mode: Online/Offline

Start a home-based daycare

There is a high demand for home-based daycare services in India, and students can start a daycare business by advertising online or through word-of-mouth.

Mode: Offline

Offer computer programming services

Many students in India are experienced in computer programming. Students can start a computer programming business by advertising online or through word-of-mouth.

Mode: Online/Offline

Offer website design services

Students with experience in website design can offer their services to businesses and individuals in India.

Mode: Online/Offline

Start a Youtube Channel

Students can start a Youtube channel to share their thoughts, opinions, and experiences with the world. There are many ways to monetize a Youtube channel, including through advertising and sponsored content.

Mode: Online

Offer music lessons

Students in India can offer music lessons to students of all ages. There is a high demand for music lessons in India, and many students are willing to pay for help with learning to play a musical instrument or sing.

Mode: Online/Offline

Offer dance lessons

Students in India can offer dance lessons to students of all ages. There is a high demand for dance lessons in India, and many students are willing to pay for help with learning to dance.

Mode: Offline

Offer language lessons

Students in India can offer language lessons to students of all ages. There is a high demand for language lessons in India, and many students are willing to pay for help with learning a new language.

Mode: Online/Offline

Offer test preparation services

Students in India can offer test preparation services to students preparing to take standardized tests such as the SAT, ACT, and GRE.

Mode: Online/Offline

Offer career counseling services

Students in India can offer career counseling services to students preparing to enter the workforce. There is a high demand for career counseling services in India, and many students are willing to pay for help with choosing a career and developing a job search strategy.

Mode: Online/Offline

Conclusion

The article has provided a comprehensive list of ways in which a student can make money in India. The list will be helpful for students who are looking for ways to make money. The article has also highlighted the advantages and disadvantages of each way. Students can choose the way that suits them the best.

making money dropshipping

How to Make Money Dropshipping in 2023?

Dropshipping is one of the most popular ways to make money online. It involves selling products from a wholesaler to customers, without having to keep inventory or manage shipping. Instead, you partner with a dropshipping supplier who handles the fulfillment process. All you have to do is collect the money from customers, and the supplier will take care of the rest.

making money dropshipping

If you’re looking to start a business with low overhead costs, dropshipping is a great option. You don’t need to invest in purchasing products or managing fulfillment. Instead, you can focus on marketing and customer service.

Here are some tips to help you get started with dropshipping:

Research Suppliers

The most important part of dropshipping is finding a reliable supplier. You want to make sure they have a good reputation and are able to provide quality products at competitive prices. Take some time to research different suppliers and compare their offerings. You can also check customer reviews and ratings to get a better idea of the supplier’s reliability.

Set Up Your Store

Once you’ve chosen a supplier, you’ll need to set up your store. You can use platforms like Shopify or WooCommerce to easily create an online store. You’ll need to upload product images, write product descriptions, and set prices for each item. You can also add features like wishlists and customer reviews to improve the shopping experience.

Market Your Store

Now that your store is set up, it’s time to start marketing. You can use a variety of strategies to reach potential customers, such as SEO, social media, email marketing, and more. Take some time to experiment with different strategies to find what works best for you. You can also look for influencers to partner with and offer discounts to attract more customers.

Keep Customers Happy

Customer service is key when it comes to dropshipping. Since you won’t be dealing with customers directly, it’s important to ensure that your supplier is providing quality customer service. Respond quickly to customer inquiries and take the time to provide helpful answers. You can also provide perks, such as free shipping or discounts, to keep customers coming back.

Dropshipping can be a great way to make money online, but it’s important to do your research and take the necessary steps to ensure success. Take the time to find a reliable supplier, set up your store, market it effectively, and keep customers happy. With the right strategies in place, you can start making money with dropshipping in no time.

1000USD business ideas

1000USD investment ideas: 10 businesses you can start with 1000USD

Starting a business can be a great way to turn a passion into a career, or to create a new source of income. But many aspiring entrepreneurs are hesitant to take the leap because they believe they don’t have the resources or capital to get started.

If you have just $1,000 to invest, you might think that your options are limited. But the truth is, there are plenty of businesses you can start with just a small amount of seed money. In this article, we’ll explore 10 business ideas that can be launched for $1,000 or less.

Whether you’re interested in selling handmade crafts, offering consulting services, or starting a small online store, there’s an idea on this list for you.

1000USD business ideas

So let’s get started and see what you can accomplish with just $1,000 and a little bit of creativity!

Dropshipping

Dropshipping is a business model where you sell products without actually stocking or shipping them. You partner with a dropshipping supplier who will ship the products directly to your customers. All you have to do is advertise and market the products. With $1,000 you can set up a dropshipping business and start selling.

Freelance Writing

Freelance writing is a great way to make money with just $1,000. You can use the money to set up a website, create marketing materials, and buy needed software. You can also use the money to buy services like editing and proofreading. With $1,000 you can get your freelance writing business up and running.

Food Delivery

With just $1,000 you can start a food delivery business. All you need to do is sign up with a food delivery service and use your own vehicle to deliver food to local customers. You can also use the money to buy food delivery bags, uniforms, and other necessary supplies.

Affiliate Marketing

Affiliate marketing is a great way to make money online with just $1,000. All you need to do is sign up with an affiliate network and start promoting products. You can use the money to create ads, purchase traffic, and create content for your website.

Online Tutoring

If you have expertise in a certain subject, you can use $1,000 to start an online tutoring business. You can use the money to purchase necessary equipment like a webcam and headset, create marketing materials, and buy software. You can also use the money to pay for advertising and promote your tutoring services.

House Cleaning

If you like to clean, you can use $1,000 to start a house cleaning business. You can use the money to purchase supplies like mops, brooms, and cleaning products. You can also use the money to advertise and promote your services.

Handyman Services

With just $1,000 you can start a handyman business. You can use the money to purchase tools, ladders, and other necessary equipment. You can also use the money to advertise and promote your services.

Pet Sitting

If you love animals, you can use $1,000 to start a pet sitting business. You can use the money to purchase supplies like leashes, food, and toys. You can also use the money to advertise and promote your services.

Personal Chef

If you are a great cook, you can use $1,000 to start a personal chef business. You can use the money to buy ingredients, create menus, and purchase kitchen equipment. You can also use the money to advertise and promote your services.

Home Staging

With $1,000 you can start a home staging business. You can use the money to purchase furniture, décor, and other necessary supplies. You can also use the money to advertise and promote your services.

These are just a few ideas for starting a business with just $1,000. With a little bit of creativity and dedication you can launch any of these businesses and start making money. All you need is a great idea and the right attitude to get started.