Do Amore is a retail luxury good and jewelry brand participating in Shark Tank Season 13 Episode 16. This brand provides ethical, handcrafted engagement and wedding rings. Do Amore is a very old brand that originated in the United States in 2013. Shipra & Krish, the founders of Do Amore, has demanded $600,000 in exchange for 7% of their company’s equity in Shark Tank.
This company reaches social goods, engagement rings, and wedding rings directly to the consumer, which reduces the cost and people find an affordable ring.
Jewelry is a very big marketing, many players are present in this industry. So if we follow the market value of the jewelry industry, then in 2020 it was USD323.98 billion.
This industry is growing very fast, as people are going to like jewelry, in the same way, its growth is increasing.
What Is Do Amore Jewelry?
Do Amore Jewelry Started in 2013 Houston, Texas, United States Base Startup Which along with making Engagement and Wedding Rings also provides ethically-sourced, handcrafted rings. This product is made in the United States through recycled precious metals.
Their Diamonds and Gemstones are conflict-free. So this brand Do Amore means “I give with love” in the Latin language which means to promote love.
Brands like Do Amore that including Vrai, Brilliant Earth, and Clean Origin work with zero to minimal carbon emissions.
The stones they have are made in the lab and most of their gold and platinum old rings are made by recycling.
It holds different categories of rings like Solitaire, Side Stones, Halo Rings, Vintage Inspired, Engagement, Wedding, Women and Men’s.
Some of his most popular ring styles are Callan, Ashu, Charu, Abila, Lalana, Bekah, Luna, Diana, Unity, and Infinity.
Do Amore Shark Tank Update
|Company Name||Do Amore|
|Product||engagement and wedding ring company|
|Asked For||$600,000 for 7% Equity|
|Final Deal||Robert Herjavec|
|Shark||$600,000 for 12% Equity|
|Episode (Shark Tank USA)||Season 13 Episode 16|
|Business Status||In Business|
|Net Worth||$5 Million *Approx|
Do Amore Jewlery Contact Details
|Based||Houston, Texas, United States|
Who Is The Founder Of Do Amore? – Krish Himmatramka Shark Tank
Do Amore is a Houston, Texas, United States-based startup, its founder is an India Krish Himmatramka who lives in the United States.
Founder Himmatramka was searching for an engagement ring for his girlfriend and came to know about the ethical issues related to this jewelry industry.
To his knowledge, he made a ring for his girlfriends by recycling gold and diamonds. To solve this problem, he started Do Amore startups in 2013.
He did his B.S., Mechanical Engineer studies from the University of Texas at Austin. He worked as an engineer in Procter & Gamble, BP, Shell for many years. After that, he started The Great Canvas Startup in 2012, but it closed in 2014.
Do Amore Jewelry Before Shark Tank
This jewelry startup generated sales of $2.2 million shortly after its launch. After this, he provided a safe & clean water facility to more than a thousand people of Ethiopia, Bangladesh, India, and Nepal.
“My Goal Was Simple: Bringing Clean Water To Many People In Need Is Possible,” says the founder.
Himmatram’s wife, Shipra is involved in the work of this development, so in 2017 Forbes wrote about them.
What Happened To Do Amore After Shark Tank?
This luxury brand was already generating very good sales. Many people know about this brand as it works as an NGO. Its founder provides the facility of safe & clean water to the people so that people do not face any kind of disease by drinking water.
Due to this kind of work, many popular news magazines featured him. There are many people who take the product of this brand for wedding rings.
After Shark Tank, its popularity increased even more, and these 2022 many people have come to know about this brand.
Did Do Amore Get a Deal on Shark Tank?
Do Amore’s Founder Himmatramka Had A Very Good Pitch To The Sharks After Going To Shark Tank He said about this by providing safe & clean water to the people through his brand.
All the sharks got very impressed by his motivation story So after this, the founder asked Shark to invest $600,000 in his company with 7% equity in exchange for his company. Robert Herjavec invested $600,000 in this startup in exchange for 12% equity of the company.
Where Can You Buy Do Amore Jewelry?
If you are interested to buy this do Amore jewelry then you will get it only on their official website. This product starts at $250 and goes up to $50,000. Whatever your budget is and considering your budget, you can take an affordable ring.
All their products come with an originality certificate, so you will not have any problem with fake issues. Its link is given below, you can buy this product through this link.
What Is The Do Amore Net Worth?
Do Amore Net Worth Depends On Its Current Valuation So Its Valuation Is Now $5 Million But the way it is growing, it can become a successful brand in the coming time. Founder Krish Himmatramka’s net worth depends on the share percentage of his own company which is his valuation at present.
|Do Amore Net Worth||$5 Million *estimated|
|Krish Himmatramka’s Net Worth||$500,000 *estimated|
Is Do Amore Still In Business?
Still, this company is running very well and it is also profitable. Many people buy rings of this brand. He has generated Million of dollars Amount and he donates some percentage of his income to NGOs.
It has been 8 years since this startup. Currently, 2-10 employees work in this company.
Images Credit: dgepress
Next, we will give you more information about the Do Amore startup.