Mumbai-based Imagimake creates original toys, games, puzzles, and do-it-yourself kits meant to inspire children’s cognitive growth and creativity. Originally started by Ravi Kumar and Disha Katharani in 2014, Imagimake’s goods are sold in more than 20 countries and account for 35% of all sales from exports. Through their products, which encourage enjoyable and interactive skill-building, they stress giving children interesting and educational experiences.
Company Name: IMAGIMAKE
Founder: Ravi Kumar & Disha Katharani
Product: DIY activity and learning kits
Highlights
1. Creative toys, games, puzzles, and do-it-yourself kits with an eye towards cognitive growth and skill-building in youngsters are Imagimake’s speciality.
2. Products seek to encourage through interactive play creativity, critical thinking, and problem-solving.
3. Imagimake’s goods are sold in more than 20 countries, and 35% of those sales originate from exports.
4. Growth and Success: Citing the company’s great valuation, the founders turned down investment proposals even while exports were seeing fast increase and success.
5. With an eye on developing interesting, developmental items for children, the company is dedicated to make learning entertaining and powerful.
6. Product Availability: Their goods appeal to a worldwide market and provide a varied array for kids of different ages.
Pitch Details
Ask: ₹1.5 crore for 0.5% equity (Valuation: ₹300 crores).
Deal: After negotiations deal couldn’t happen
Investors: NO DEAL
Conclusion: Pitch on Shark Tank India by Imagimake underlined their success as a fast expanding business focused in educational and creative toys. Having major export sales and presence in more than 20 countries, they have shown their market potential. The founders’ choice to turn down the financing shows their great faith in the valuation of ₹300 crores of their business. Imagimake is positioned as a potential contender in the worldwide market for educational toys based on their emphasis on encouraging creativity and cognitive skills in children by creative products and their remarkable expansion.
Key Takeaways from the Episode
1. Strong Valuation: boldly presented at ₹300 crore, therefore highlighting faith in the brand’s future.
2. Emphasising the need of globalising, sold in more than 20 countries with 35% of sales from exports.
3. Innovative Products: Emphasise imaginative, instructive toys that shape cognitive abilities and carve out a special market niche.
4. Control Over Equity: Reduced investment proposals give company valuation top priority and help to preserve control.
5. Leveraging the rising market for educational toys will help you.
6. Emphasised the need of believing in your vision and company plan.
