Sneakare is a contestant who participated in the special getaway episode of Shark Tank India Season 1. This brand sells the product which is used to keep the condition of the sneakers right. This greatly enhances the experience of sneakerheads. The founder of Sneakare has asked for ₹20 lakhs in exchange for 5% equity of his company.
The sneaker is a crazy industry, there are many people who are passionate about sneakers, they like to carry exclusive sneakers. The market value of this sneaker industry is $79 billion, its growth is increasing every year. The way the market value of sneakers is increasing, its accessories are also growing more.
What Is Sneakare?
Sneakare Shark Tank is a shoe care, shoe protection, innovation that elevates your shoe game product, introduced in India. This brand sells the accessories used to protect the Sneaker. This startup was started in April 2021 and grew in a very short time. It is a Retail Brand based in New Delhi, Delhi.
Sneaker lovers give a lot of importance to sneakers in their lifestyle because they like sneakers very much. There are many people in India who are sneaker lovers and they keep an expansive sneaker in their lifestyle. But due to those people not being able to protect the sneaker, it gets worn in a very short time.
How sneaker can be protected and what is needed for it, Sneakare was started to fulfill it. They sell things like show cleaning oil, towels, sneaker pills, sneaker sponges, sneaker boxes, etc.
Sneakare Shark Tank India Update
|Product||Shoe Care | Shoe Protection | |
Innovation Elevate Your Shoe Game
|Asked For||₹20 Lakhs for 5% Equity|
|Final Deal||₹21 Lakhs for 12% Equity|
|Episode (Shark Tank India)||Season 1 Special Episode|
|Business Status||In Business|
|Net Worth/Valuation||₹1.75 Crores|
Sneakare Contact Details
Who Is The Founder Of Sneakare?
The name of the founder of this Sneakare brand is Krishnavin who comes from Delhi. She started this business in 2021. Founder Krishnavin has grown this startup very well because she knew what the user needed right now and she is fulfilling this net. It has achieved very good growth in a very short time.
Sneakare Before Shark Tank
This brand was launched in 2021 and after its inception brought a boom in the sneaker industry. In today’s time, everyone wears sneakers but he is not able to protect it. So the problem of this thing is this startup is solving. It provides pan-India free Shipping, COD and their product price starts from Rs.500.
Sneakare Get Deal’s In Shark Tank India
Krishnavin, the founder of Sneakare, gave her presentation very well in Shark Tank India, sharks also liked it very much. The founder asked Shark to invest ₹20 lakhs in her company in exchange for 5% equity of her company. final deals ₹21 Lakhs for 12% Equity in ₹1.75 Crores Valuation.
Next, we will give you information about this Sneakare startup.