Sneakare Shark Tank India Update (Season 1)

Sneakare is a shoe care and protection brand that elevates your sneaker game, introduced in India. This startup, launched in April 2021, quickly gained popularity and is based in New Delhi, Delhi.

Sneaker enthusiasts place great importance on their footwear, integrating sneakers into their lifestyle. Many people in India are passionate about sneakers and maintain an extensive collection. However, many struggle to protect their sneakers, leading to wear and tear over time.

To address this issue, Sneakare was founded to provide effective sneaker protection solutions. They offer products such as shoe cleaning oil, towels, sneaker pills, sponges, and storage boxes.

Company NameSneakare
FounderKrishnavin
ProductShoe Care | Shoe Protection |
Innovation Elevate Your Shoe Game
Asked For₹20 Lakhs for 5% Equity
Final Deal₹21 Lakhs for 12% Equity
SharkNamita Thapar
Episode (Shark Tank India)S1 Special Episode
Business StatusIn Business
Net Worth/Valuation₹1.75 Crores
WebsiteVisit Website
Social MediaInstagram
PlaceDelhi

Who Is The Founder Of Sneakare?

The founder of Sneakare is Krishnavin, who hails from Delhi. She started the business in 2021 and has successfully grown the startup by understanding the current needs of users and addressing them effectively. As a result, the brand has achieved significant growth in a short period.

Since its launch in 2021, Sneakare has made a notable impact on the sneaker industry. Today, while many people wear sneakers, they often struggle to protect them. This startup addresses that issue by offering effective protection solutions. Sneakare provides free shipping and cash on delivery (COD) across India, with product prices starting at Rs. 500.

Sneakare Get Deals In Shark Tank India

Krishnavin, the founder of Sneakare, delivered an impressive presentation on Shark Tank India, which the sharks greatly appreciated. She sought an investment of ₹20 lakhs in exchange for 5% equity in her company. Ultimately, she secured a deal of ₹21 lakhs for 12% equity, valuing the company at ₹1.75 crores.

Leave a Reply

Your email address will not be published. Required fields are marked *