The unique toy Quaaky is featured in the Blix Robotics Business Pitch on the Shark Tank India Stage. This is an Educational Circuit Lesson Toy. In this, many types of toy categories have been presented for children learning.
the way he Shark Tank India Season 3 But when told that he only has this one chance on Shark Tank, he became curious to know about it.
Contents
- 1 Blix Quaeky Business Vision
- 2 Blix Quaeky Founder
- 3 About Blix Quaeky
- 4 Shark Judges' Investment Guidance on Blix Robotics Toy Business
- 5 Blix Robotics Toy Business Equity Structure
- 6 Blix Robotics Toy Business Sales Statistics
- 7 Blix Robotics Toy Business Sales
- 8 Sales Figures
- 9 Blix Business Sales Split
- 10 Blix Robotics Toy Business Shark Tank India Deal
- 11 Conclusion
Blix Quaeky Business Vision
Blix Robotics Business Vision is to not only present Technical Skill Development Toys in children, but also to sell Toys to build Problem Solving Attitude in Toy Design.
Blix Quaeky Founder
Blix Quaeky Founder – Abbas Gabajiwala
Abbas Gabajiwala now Zephyr Toymakers Pvt. Ltd. Is the CEO of. In expansion of this business, Blix Robotics and Quaeky Toy Product have been started. He holds a PGDBM from Wigan & Leigh College and works in his toy business to build a brand business by combining sales, research and management.
About Blix Quaeky
In 1983, Zaheer Gabajiwala, father of Blix Robotics Founder Abbas Gabajiwala, started Playmate with the idea of a toy business. And in 1988, he formed Zephyr Toymakers as a partnership firm for its development. Moving forward, this toy business was merged into Zephyr Toymakers Pvt. in 2002. Ltd. Formed a private limited company with the name.
Meanwhile in 2014 Moiz Gabajiwala Zephyr Toymakers Pvt. Ltd. Lay became the Chief Executive Officer. He had earlier worked in his father's business since 2004. Then he worked in the role of Head of Business Expansions & Acquisitions and Director of Sales Marketing.
He knew about high-end educational toys by European companies and wanted to create a retail outlet chain for it. He took over Risk Analysis and Forecasting since 2016 and now leads the entire business in the role of CEO.
Blix Robotics Founder Abbas Gabajiwala has founded Zephyr Toymakers Pvt. since 2016. Ltd. It was run in India itself, but from 2020 he took it under his own leadership by giving it a separate business name Blix Education.
His brother Moiz Gabajiwala and father Zaheer Gabajiwala also appeared on Shark Tank India Season 3. His elder brother is his mentor, and he said that he has to expand it with great focus.
Shark Judges' Investment Guidance on Blix Robotics Toy Business
Blix Robotics Toy Business Pitch to Shark Anupam Mittal, Shark Aman Gupta, Shark Peyush Bansal, Shark Ritesh Agrawal and Shark Vineeta Singh It is explained on the stage in the video.
Shark Judges on Blix Robotics Toy Business speak about Conflict of Interest due to it being a separate business from the family business. Apart from this, Blix Robotics Toy Business works with their family business Zephyr Toymakers Pvt. for their product delivery. Ltd. resting on.
Shark Judges Aman Gupta on Blix Robotics Toy Business says that being a family business, there is no conflict between them and they trust them. But he told at the time of Blix Robotics Investment that if there is any problem in Blix then Aman will take the opportunity to buy Zephyr Toymakers Shares of the founder.
The Business Founder agreed to this and expressed confidence in his business. The Founder had mistakenly called his wife Role as the CEO and then clarified about being the Chief Operator, due to which Shark Peyush Bansal was in trouble, hence he backed out of the investment.
Blix Robotics Toy Business Equity Structure
- Abbas Gabajiwala – 70%
- Brother Moiz Gabajiwala – 20%
- Father Zaheer Gabajiwala – 5%
- Mother – 5%
Blix Robotics Toy Business Sales Statistics
- Blix Robotics Toy is sold in more than 2000 retail stores.
- Blix Robotics Toys is also sold on online platforms like Amazon, Flipkart, FirstCry along with its own website.
- Initial investment to start Blix Business was ₹ 1.5 crore.
- More than 5000 Indian schools use Blix Educational kits to teach robotics and coding.
Blix Robotics Toy Business Sales
- Blix Business Sales was ₹4 crore in FY 2022 – 2023. Blix Sales are projected at ₹8 crore in FY 2023 – 2024.
- Blix Sales (Till Sept) in FY 2023 – 2024 were – ₹3 crore, of which Blix Profit (Till Sept) in FY 2023 – 2024 was – ₹8 lakh. Oct 2023 to March 2024 Projected Profit – ₹0.4 – ₹1.2 Crore.
Sales Figures
- August 2023 – ₹36 lakh
- April 2023 -₹53 lakh
- May 2023 – ₹60 lakh
Blix Business Sales Split
- Blix Toys – 50%
- Blix for Education – 50%
Blix Robotics Toy Business Shark Tank India Deal
Blix Robotics Toy Business Final Deal – Finalized the deal with Shark Aman Gupta and Shark Ritesh Agrawal at ₹80 lakh for 4% equity, Valuation -₹20 crore.
| Blix Quaeky Shark Tank India Episode Number | Shark Tank India Season 3, Episode 3 |
| Blix Queaky Shark Tank India Episode Air Date | 24 January 2023 |
| Blix Quaeky Founder's Name | Abbas Gabajiwala |
| Blix Quaeky Ask in Shark Tank India | ₹80 Lakhs For 2% Equity |
| Blix Quaeky Deal in Shark Tank India | ₹80 Lakhs For 4% Equity |
| Blix Quaeky Investors From Shark Tank India | Aman Gupta & Ritesh Agarwal |
| Blix Quaeky Official Website | Blix Quaky |
| Blix Quaeky Review | Blix Quaeky Review |
| Blix Quaeky Company Valuation | ₹20 Crores |
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Conclusion
Many things about the toy industry must be coming to everyone's mind from Shark Tank India Business on Blix Robotics and Queaky Toy Education. Educational toys and child development are closely related.
Development is being seen in today's children regarding technical skills. But from the Problem Solving Toy to Child Mindset which is being seen nowadays, many viewpoints are being formed in it. Try to understand other such businesses with Shark Judge comment and also add your ideas for this market.