Tramboo Sports Shark Tank India Youngpreneur Business Pitch is told in. We had seen in the promo video of this business that Shark Aman Gupta talks about not considering them as children and talks about giving low valuation.
What does Shark Judge offer to these youngpreneurs and what does this mean? Tramboo Sports Business Let us try to understand the discussion about the entire business deal in this review blog.
Contents
Tramboo Sports Business Vision
Tramboo Sports Business Vision is to introduce Kashmir Willow Bats with its qualities as compared to English Willow Kits.
Tramboo Sports Founder
Tramboo Sports Founder- Hamaad Tramboo and Saad Tramboo
Hamaad Tramboo – 18 years old and studying BBA from Kashmir. They play cricket, so they know the price point of English bat is very high. Business Pitcher Saad Tramboo who came with him is 20 years old and is studying second year BBA from Bangalore.
About Tramboo Sports
Tramboo Sports sells world-class kashmir willow bats. Kashmir willow wood is found only in Kashmir. According to Kashmir Willow Act, Willow Wood Raw Material of Kashmir cannot go out of Kashmir. We produce both Leather Ball (Season Bat) and Tennis Ball Bats.
Tramboo Sports Business is the Grandfather’s Joinery Mills of Pitchers. This mill has been prepared for bat manufacturing. From the beginning they select the Kashmir Willow Wood Log, then this Kashmir Willow Wood is graded, later it is cut, which is called Clefts.
Now it is stored in Seasoning Chamber for 1 year to 18 months. But Tramboo Sports has developed a technique that allows these people to do seasoning in a week and the results are better than the traditional method.
Tramboo is better than the seasoning method of sports business, because in the traditional method they are piled and left to dry. Tramboo Sports has Steam Based Seasoning Plants.
Bats are hard pressed, which increases bat stroke and becomes durable. Tramboo Sports Bat uses Singapore Cane handle – it absorbs shock. There will be 300 bat manufacturers in Kashmir but no one has Steam Based Seasoning Plants, due to which the bat becomes light weight.
Tramboo Sports Business Statistics
- Tramboo Sports Business was started in 2021.
- Tramboo Sports has sold approximately 20 thousand bats through social media and its own website. And now they have also started exports. It is also going to be launched soon on the online market place.
- September Sales – ₹18 Lakh
- Monthy Profit ₹5 lakh to ₹6 lakh (Final Profit after taking out all expenses)
- 30 lakh Kashmir Willow Bats have been sold in FY 22 -23.
- FY 23 -24 Projected Sales – ₹6 Crore to ₹7 Crore and sold 1000 bats in Qatar last month.
- He sells 1000 bats per month of Tramboo Sports online.
Tramboo Sports Sales Split
Tramboo Sports Profit Margin
- Tennis Bats- 25%
- Season Bats – 35% to 45%
Investment Guidance from Shark Judges on Tramboo Sports
Tramboo Sports Business Pitch Video for Shark Aman Gupta, Shark Anupam Mittal, Shark Vineeta Singh, Shark Peyush Bansal and Shark Ritesh Agrawal. It is mentioned on the stage.
All the Sharks answered several questions from Youngpreneurs on Tramboo Sports. Shark Anupam Mittal: Is his Seasoning Setup Oven Type? Asked the business pitcher on this. The founders explained clearly that it is the only system which can keep the temperature between 40 to 50 degrees.
On which Anupam felt that there is no IP in this, anyone can do it. But the founders have kept the business pitch intact and have invested more than Rs 20 crore capital in it, and have tried to explain the huge business risk involved. Shark Peyush Bansal was also assured of the ability to scale up this Seasoning System with scale of operation.
Shark Ritesh Agrawal asked for Tramboo Sports Demand and the founders understood that the market for their product is big because 60 to 70 percent are local players and not professionals. Shark Vineeta also rightly asked that he is not giving any profit to his grandfather at present, but Piyush told that this system will have to be changed and by organizing some events he should also be given a share.
Apart from this, Shark also told Piyush that there are examples of players which give evidence about the adoption of this Kashmir Willow Wood Bats. Shark Anupam Mittal answered questions from them and presented on the stage about the market of hundreds of crores and everyone gave their offers.
Tramboo Sports Shark Tank India Deal
Tramboo Sports Business Final Deal – Tramboo Sports Business Final Deal with Shark Aman Gupta, and Shark Peyush Bansal at ₹30 lakh for 4% equity, Valuation – ₹7.5 crore.
| Tramboo Sports Shark Tank India Episode Number | Shark Tank India Season 3, Episode 7 |
| Tramboo Sports Shark Tank India Episode Air Date | 30 January 2024 |
| Tramboo Sports Founder’s Name | Hamaad Tramboo and Saad Tramboo |
| Tramboo Sports Ask in Shark Tank India | ₹30 lakh for 3% equity |
| Tramboo Sports Deal in Shark Tank India | ₹30 lakh for 4% equity |
| Tramboo Sports Investors From Shark Tank India | Aman Gupta, Peyush Bansal |
| Tramboo Sports Official Website | Tramboo Sports |
| Tramboo Sports Review | Tramboo Sports Review |
| Tramboo Sports Company Valuation | ₹7.5 crore |
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Conclusion
Tramboo Sports Business Discuss your issues from a commercial point of view regarding the way Kashmir Willow Wood Bats are being made, whether other business investors along with the local wood businesses there can make the same.
Try to understand why other 300 Kashmir Willow Bat Sellers cannot adopt Captial Investment of ₹20 Crore and also add your opinion of investment in this business along with the decision of Shark Judge for Business Deal in the comments.