Brandsdaddy is a company specializing in a non-toxic, zero-maintenance fire extinguishing product that quickly extinguishes fires. Their innovative product, a fire extinguisher ball, is designed to blast and release extinguishing powder upon contact with fire, putting it out within 5 seconds.
Founded in 2013 by Roshaan Mishra and Ankita Gandhi, Brandsdaddy aims to provide a modern solution for fire safety. The company’s mission is to offer an easy-to-use, lightweight alternative to traditional fire extinguishers, addressing the issue that 90% of people lack proper training to use conventional fire-extinguishing equipment.
In Shark Tank India Season 2, Episode 4, the founders sought ₹70 lakhs for 5% equity, valuing the company at ₹14 crores.
Product Details:
- Name: Auto Fire Extinguisher Ball
- Features: Non-toxic, lightweight, easy to use, and requires no maintenance.
- How It Works: The ball explodes upon contact with fire, releasing extinguishing powder to put out the flames.
- Applications: Suitable for cars and homes, with a 5-year warranty.
- Price: ₹3,299
Brandsdaddy’s product provides a new-age solution for fire safety, aiming to make fire extinguishing accessible and effective for everyone.
| Company Name | BrandsDaddy |
| Founder | Roshaan Mishra and Ankita Gandhi |
| Founded | 2013 |
| Business | Auto Fire Proof ball |
| Asked For | ₹70 Lakhs for 5% equity |
| Final Deal | ₹35 lakhs for 5% equity and ₹35 lakhs debt @ 12% interest |
| Shark | Namita Thapar |
| Episode (Shark Tank India) | S2 E4 |
| Air Date | Jan 5, 2023 |
| Business Status | In Business |
| Website | Visit Now |
| Headquarters | Mumbai, Maharashtra, India |
| Lifetime Worth (Sales) | ₹1.57 Crores *estimated |
| Go To Amazon | Buy Now |
Another Shark Tank Pitch
How Was The Shark Tank India Pitch Of Brandsdaddy?
Roshaan and Ankita entered Shark Tank with their fire extinguisher ball and demonstrated how it extinguishes flames. They requested ₹70 lakhs for 5% equity, valuing their company at ₹14 crores.
Their company supplies fire extinguisher balls to insurance companies and government agencies. Monthly sales amount to ₹12 lakhs. In 2021, the annual revenue was ₹51 lakhs, and in 2022, it increased to ₹1.45 crores.
They plan to launch the product in the Maldives next month. The company primarily generates revenue through B2B sales. Their gross margin is 60%, and their net profit is 10%. The B2B cost of one ball ranges from ₹1,000 to ₹1,500, with a retail price of ₹5,000.
Namita Thapar offered ₹35 lakhs for 5% equity and ₹35 lakhs in debt at 12% interest, valuing the company at ₹7 crores. All the other sharks declined the deal.
The founders countered with ₹50 lakhs for 5% equity and ₹20 lakhs in debt at 12% interest, valuing the company at ₹10 crores. Namita refused the counteroffer. Roshaan and Ankita ultimately accepted Namita’s initial offer.
Finalize: Namita Thapar invested ₹35 Lakhs in “Patil Kaki” for 5% equity + ₹35 lakhs debt @ 12% interest.
What Happened To Brandsdaddy After Shark Tank?
Many people have shared various opinions about this product on social media platforms. Some Reddit users noted that they had seen the product several years ago on Facebook, Instagram, and YouTube.
According to a report by Business Insider, the fire extinguishing ball was invented by Phanawatnan Kaimart and has been available on Alibaba for some time.
The cost of the automatic fire extinguishing ball is around ₹1,000 on Amazon. After appearing on Shark Tank, Roshaan appeared on the Josh Talk show on January 19, 2023.
On January 29, 2023, the company partnered with Niagara Fire Corp of Canad
What Is Brandsdaddy Net Worth?
In Shark Tank, the founder initially sought a valuation of ₹14 crores, but the company secured funding at a valuation of ₹7 crores. The sharks noted that the high cost of the product makes it challenging to market in the B2C sector, suggesting it is more suitable for B2B and B2G applications.
The Automatic Fire Extinguishing Ball Company, known as Brandsdaddy, is expanding internationally. The company has begun its expansion with a venture in the Maldives and, in January 2023, partnered with a Canadian fire service company.
The brand has received several awards at both national and international events, including accolades from the Europe Business Assembly and the 29th International WQC Award, among others.
Currently, the company is headquartered in Mumbai, Maharashtra, India, and continues to manufacture its products locally.
Yes, Brandsdaddy is still in business as of February 2023.
frequently asked questions
Who Founded Brandsdaddy?
Brandsdaddy was founded in 2013 by Roshaan Mishra and Ankita Gandhi.
Where is BrandsDaddy from?
BrandsDaddy is headquartered in Mumbai, Maharashtra, India.
