Anthyesti: Funeral Services Business

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Including freezer boxes, vans, funeral pandits, and Asthi Visarjan, Anthyesti provides a one-stop solution for all post-death related ceremonies. Over 500 funerals have been carried out in 25 places spread over seven different countries within the past six years. Valuing her company at ₹20 crores, the entrepreneur requested a ₹50 lakh investment for 2.5% of the company.
Anthyesti only uses an aggregate model to make money. In this market, they face thirty-five competitors. Closing the last financial year, FY 20-21, at ₹1.16 crores, Shruthi said they barely made ₹12 lakhs in their first financial year, FY16-17. The next year was ₹22.5 lakh. Their expected income for FY 21-22 comes out to be ₹2 crores Their net profit is six percent and their margins are fifty percent.

Anthyesti Funeral Service At Shark Tank India Season 1 (Image: Sony LIV)

Company Name: Anthyesti

Founder: Shruthi Reddy

Product: Funeral Service

Highlights

1. Offering complete funeral solutions including hearse vans, priest arrangements, embalming, mortuary services, and internet prayer gatherings, Comprehensive Funeral Services
2. Easy book and management of services made possible by a user-friendly online platform guarantees a flawless experience for families.
3. Started in Kolkata, Multi-City Presence has grown to serve a larger audience by spreading over several Indian cities.
4. Offering services catered to various religious and cultural traditions, cultural and religious sensitivity guarantees correct rites are followed.
5. Pre-planning options give people the means to arrange their funeral activities so as to lessen the load on their loved ones.
6. Designed to streamline the grieving process by handling all logistics, dignified and hassle-free arrangements seek to ease burden.
7. 24/7 Support guarantees families instant help available at any moment of the day.

Shruthi Reddy presenting Anthyesti funeral services (Image: Sony LIV)

Pitch Details

Ask: ₹50 lakhs for 2.5% equity (Valuation: ₹20 crores).

Deal: After negotiations deal couldn’t happen

Investors: NO DEAL

Conclusion:

By providing organized and sympathetic funeral solutions, Anthyesti Funeral Services tackles a vital and sometimes disregarded part of life. Their debut on Shark Tank India raised awareness of the need of arranged funeral ceremonies for India. Emphasizing the need for respectful and effective end-of-life services, Anthyesti has been growing and helping communities even though she did not get investment during the show. Their dedication to cultural awareness, all-encompassing offerings, and spread into several locations highlights their vital influence in helping to define the burial service sector in India.

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