A tech-driven business-to-business platform for the yarn sector, The Yarn Bazaar seeks to address inefficiencies in the disjointed textile supply chain. Through a digital platform, his company links buyers and sellers of yarn, facilitating transparent, effective, and economical transactions. His platform seeks to improve an extremely disorganized and fragmented industry by fostering efficiency, openness, and trust. Inefficiencies in the textile and yarn industry, which has historically relied on offline transactions, middlemen, and a lack of pricing transparency, are addressed by The Yarn Bazaar.

Company Name: The Yarn Bazaar

Founder: Pratik Gadia

Product: End to end B2B market place application

Highlights

• Pratik underlined that, similar to how other B2B marketplaces have revolutionized more established industries like agriculture, logistics, and raw material procurement, his platform is also disrupting the yarn industry.
• Pratik Gadia presented The Yarn Bazaar, a tech-enabled business-to-business marketplace that addresses inefficiencies in the textile industry worth over 70,000 crores by bringing together yarn buyers and sellers on a digital platform. His platform seeks to improve an extremely disorganized and fragmented industry by fostering efficiency, openness, and trust.
• Sharks asked Is it possible for The Yarn Bazaar to attract a wider audience and build its business effectively in a very conventional and offline-dominated industry?
• Sharks concerned how is the business making money off of its services? How much money is made on each transaction? Compared to conventional purchasing techniques, will manufacturers and consumers trust an online marketplace?
• The company was valued at ₹25 crores, and the initial ask was ₹50 lakhs for 2% stock. The sharks, however, saw potential but desired a higher valuation and more extensive involvement.
• Aman Gupta, Anupam Mittal, Ashneer Grover, and Peyush Bansal collectively paid ₹1 crore for 10% equity following negotiations, valuing the business at ₹10 crores.
• Pratik will receive excellent mentoring in financial structuring, brand development, and operations scaling with four sharks on board.
• This transaction demonstrated how technology can upend even established B2B industries, creating opportunities for innovation and scalability in a previously unexplored market.
• The Yarn Bazaar has the potential to become a major force in the B2B yarn market and transform the Indian textile supply chain with proper implementation.

Pitch Details

Ask: ₹50 Lakhs for 2% Equity

Deal: After negotiations, Aman, Anupam and Peyush together secured a deal for ₹1 Crore for 10% Equity.

Investors: The investment came from Aman Gupta, Anupam Mittal, Ashneer Grover and  Peyush Bansal.

Conclusion

A solid business plan that tackles inefficiencies in India’s sizable but dispersed textile and yarn sector was presented in the Yarn Bazaar’s pitch. In a traditionally offline-dominated industry, founder Pratik Gadia effectively illustrated how his tech-enabled B2B marketplace addresses crucial problems of trust, pricing transparency, and logistics. While the sharks raised concerns regarding scalability, adoption, and competition, they recognized the platform’s existing traction (₹60 Cr GMV) and its potential to digitally transform the industry.

Four strategic sharks—Aman Gupta, Anupam Mittal, Ashneer Grover, and Peyush Bansal—who will contribute their IT, financial, and business growing knowledge were brought on board as a result of the ₹1 Crore deal for 10% equity. By demonstrating that even conventional B2B markets can profit from digital transformation and strategic mentoring, this investment represents a major step in modernizing an ancient industry. The Yarn Bazaar has the ability to transform India’s textile supply chain and take the lead in the business-to-business yarn market with proper implementation.

Significant findings

• Solving a Real Industry Problem
• Tech-Enabled B2B Marketplace
• Strong Business Traction
• Concerns on Scalability & Competition
• Valuation and Negotiation
• Strategic Shark Support
• Traditional Industry Going Digital
• Potential for Market Leadership

Key Takeaways from the Episode

1. The future lies on technology-driven solutions. Each of the three businesses used technology to upend established industries.
2. Sustainability & Social Impact Draw Investors: Sharks were drawn to companies with a significant social or environmental component.
3. Market fit and scalability are crucial. While startups with a clear development trajectory and market validation were able to secure investment, those with scalability challenges had to deal with their worries.
4. The variety of India’s startup ecosystem was reflected in this episode’s overall display of social innovation, sustainability, and B2B digital change.