Shades of Spring is a flower brand featured on Shark Tank India Season 1, Episode 30. The founder asked for ₹3 crores in exchange for a 1% share of the company, valuing the brand at ₹300 crores.
There are several flower brands in India similar to Shades of Spring, providing customers with fresh flowers for any season. According to a 2020 report, India’s flower industry is valued at ₹575.98 crores and is slowly growing. There are still many major players active in this industry.
Shades of Spring offers flower gifts for users on special occasions. The brand operates on a subscription model as well as on-demand services, with a collection that includes various types of flowers for occasions like Valentine’s Day and other special events.
Currently, their flower deliveries are available in Mumbai, Chennai, Bangalore, and Hyderabad. They operate daily from 10 am to 7 pm.
Based in Bengaluru, Karnataka, this startup was launched in 2018. Their services include flower subscriptions, weekly flower deliveries, luxury bouquets, fresh flowers directly from the farm, monthly flower deliveries, hand-tied bouquets, and online bouquet delivery in Bangalore.
Company Name | Shades of Spring |
Founder | Nidhi Gupta, Anju Bhagat |
Product | 500+ Varieties of farms fresh flowers from Indian Farmers |
Asked For | ₹3 Crores for 1% Equity |
Final Deal | No Deals |
Shark | No Shark |
Episode (Shark Tank India) | Season 1 Episode 30 |
Business Status | In Business |
Net Worth/Valuation | ₹300 Crores |
Website | Visit Website |
Shades of Spring Shark Tank India Update
Nidhi Gupta and Anju Bhagat, a couple who met through Shaadi.com, are the founders of Shades of Spring, a Bangalore-based startup. They have been running this business for a long time and have achieved considerable success.
Even before appearing on Shark Tank India, Shades of Spring was doing very well. Today, the company’s valuation has reached ₹300 crores, thanks in part to effective marketing by the founders.
On Shark Tank India, Nidhi Gupta and Anju Bhagat pitched their business impressively. They requested an investment of ₹3 crores in exchange for a 1% share of the company.
Yes, Shades of Spring is still in business as of August 2023.