Start-up Bamboo India creates environmentally friendly bamboo-based products ranging from toothbrushes to straws to speakers to pens. Having produced more than 40 lakh bamboo toothbrushes, they have distributed them in 18 different countries, including cities in India’s future growth. Their goods can be bought on the Bamboo India website as well as stores such Flipkart, Amazon, etc. They also show up in a few chosen retail outlets. Bamboo India daily generates fifty thousand brushes. For 4% of stock, the company asked ₹80 lakh investment.
Starting this business in 2015, the creators introduced tailored bamboo brushes. Their bamboo brush earns ₹30 in margin each brush since it sells for ₹45 and costs ₹15 to create. Closing FY 20-21 at 2.8 crores, they have so far done 2.2 crores until October; their projection is to close FY 21-22 at ₹4 crores. The business runs entirely on bootstraps.
Company Name: Bamboo India
Founder: Ashwani Shinde & Yogesh Shinde
Product: Bamboo Products
Highlights
1. Biodegradable and sustainable substitute for plastic goods is environmentally friendly.
2. Product line consists in stationery, earbuds, combs, and bamboo toothbrushes.
3. Reasonably priced to inspire mass acceptance.
4. Products grounded in bamboo are robust and long-lasting.
5. Reduces plastic waste and supports sustainable living by means of environmental impact.
6. Ethical Sourcing: Makes great bamboo from conscientious suppliers.
7. Made in India: supports native industry and local artists.
Pitch Details
Ask: ₹80 lakhs for 4% Equity (Valuation: ₹20 lakhs)
Deal: After negotiation Ashneer Grover and Anupam Mittal, finished the deal at ₹50 lakhs for 3.5% equity and ₹30 lakhs debt.
Investors: The investment came from Ashneer Grover and Anupam Mittal.
Conclusion
The pitch from Bamboo India made clear how urgently sustainable substitutes for plastic are needed and how their creative ideas may inspire good change. The vision of the brand connected with the investors because of a strong dedication to ethical production and environmental preservation. The founders made a strong case based on their love of sustainability and their commitment to produce reasonably priced yet superior bamboo goods. Bamboo India is a viable business ready to have a long-lasting influence given the expanding desire for environmentally friendly goods. Their dedication to lower plastic consumption and support of sustainability guarantees that the company fits world environmental objectives.
