Goodland is a business dedicated to create superior pickleball courts and supply premium pickleball equipment. Hemant and Yogesh Chauhan, the founders, want to supply reasonably priced, premium equipment in addition to world-class facilities for pickleball playing, hence increasing the accessibility of the game in India.
Modern courts that meet the increasing demand for pickleball both in India and throughout the world are part of their product line. By guaranteeing first-rate tools and facilities, the organization targets both leisure players and dedicated aficionados. Looking to grow both nationally and internationally, the brand is presenting itself as a leader in the developing pickleball scene. Goodland’s goal is essentially to provide a premium experience for players by means of infrastructure and equipment, thereby fostering and popularizing pickleball.
Company Name: Goodland
Founder: Yogesh Chavan and Hemant Chavan
Product: Pickleball equipments company
Highlights:
1. Goodland specializes in building premium, modern pickleball courts to offer a first-rate playing environment.
2. Paddles, balls, and other gear are among the superior, reasonably priced tools the company provides to athletes of all skill levels.
3. Focused on making pickleball more easily available to a larger audience in India in order to help to popularize the game,
4. Plans to create world-class pickleball clubs and facilities and extend internationally.
5. Profiting from the increasing demand in pickleball as a leisure activity, particularly in cities, can help the sport flourish.
6. Quality Infrastructure: strives to give players top-notch facilities so that both casual and competitive gamers may play in a remarkable surroundings.
7. The founders want to transform the sports infrastructure sector by pushing a sport that is becoming more and more popular worldwide.
Pitch Details
Ask: ₹80 Lakhs for 4% Equity (Valuation: ₹20 crores).
Deal: After negotiations Aman Gupta finished the deal at ₹80 Lakhs for 6% Equity and Royalty 0.5% until 80 Lakhs is recouped.
Investors: The investment came from Aman Gupta.
Conclusion:
The creative idea to encourage pickleball in India made the Goodland pitch on Shark Tank India highly appreciated. Hemant and Yogesh Chavan, the founders, made a convincing case for their top-notch pickleball courts and tools, therefore spotlighting the sport’s increasing appeal. Investors related to their global expansion goal and world-class facility building objective.
The offer from Aman Gupta, who agreed to commit ₹80 lakhs for a 6% equity share, along with a 0.5% royalty till the investment was recovered summed up the pitch. This agreement shows great belief in the company’s ability to enter the growing pickleball sector and increase its footprint both domestically and abroad. With an emphasis on offering top-notch infrastructure and equipment that fits the demands of both casual and competitive players, Goodland is ultimately positioned to profit on the growing popularity of pickleball.
Key Takeaways from the Episode:
1. Address current issues with creative, useful goods (e.g., Midas’s eco-paint, RBD’s agricultural machinery).
2. Sustainability Sells: Demand for environmentally friendly solutions like Midas Paint will help to set your business apart.
3. Scalability is absolutely crucial. Reach a larger audience and scale effectively with technology—WhatsApp, call centres.
4. Establishing a community around your product—such as Goodland with pickleball—helps to boost loyalty.
5. Make sure your target market can readily grasp the advantages of your product.
6. Overcoming obstacles by keeping concentrated and improving your technique can help you win persistence.
7. Know Your Numbers: To show the possible growth of your company, be ready with exact financials and measurements.
