Clapstore secures major investment on Shark Tank India 4 with innovative toy concept

businesstoday.in

Clapstore, a toy brand backed by Nikhil Kamath, secured a significant investment on Shark Tank India 4. Founders Vedang and Yash, aged 21 and 22, showcased their 'busy board' toys, which aim to reduce screen time for young children. The founders reported impressive sales of ₹2.4 crore in their first year and sought ₹80 lakh for a 4% stake, valuing the company at ₹20 crore. They aim for ₹6 crore in revenue this year with a 20% profit margin. All five sharks agreed to invest ₹1 crore for a 10% stake. Peyush Bansal and Kunal Bahl accepted the founders' terms without negotiation, highlighting their strong market understanding and innovative marketing strategies.


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