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“Shahtaj Qaiser Seeks 8 Million PKR for 15% Equity on Shark Tank Pakistan”

Shahtaj Qaiser the founder of Shahtaj Qaiser is working with her mother for the last 4 years. Founder said that in my opinion fashion is a universal language which transcends different cultures and traditions. It gives all of us a great opportunity to show our creativity and that’s how I got this opportunity by taking an admission in Pakistan Institute of Fashion and Design Lahore and graduated as a textile designer. She asked for 80 Lacs PKR for 15% equity.

She is the only one who holds 100% equity and her mother is doing all the production work for 10% equity. Shark Romanna asked her how much time do you take to make these? Founder said that the minimum time I take is 10 days, maximum time I take is 25 days for formals and 30-40 days for bridals and formals. Prices in formals start from PKR 40k and above and our price in bridals starts from 2 Lacs PKR – 8 Lacs PKR.

Total revenue of 4 years is Rs. 3.6 Cr PKR breakdown of this is, in the first year it was 80 Lacs, in the second year the revenue was 1.2 Cr PKR, in the third year the revenue was dropped to 1 Cr PKR and currently this year the revenue is 60 Lacs PKR.

Two Sharks are out for today because they said that you can become a niche business, if it is a niche business then of course create a small business volume wise but then make it very high margin. If you do customizations then charge for those customizations and if you want to sell globally through platforms then you will have to standardize your products but we are sure you will figure out which way you have to go, but for today we are out but we wish you all the best.

Shark Usman said that I feel like potential is there if it is structured out properly and more focus is given to international markets. You have demanded 80 Lacs PKR but I would like to offer you 40 Lacs PKR for 20% equity and PKR 40 Lacs line of credit with 7% royalty. But the founder is not satisfied with the offer she said can we just have PKR 80 Lacs for 25% equity. Shark Usman’s revised offer is PKR 50 Lacs for 20% equity and PKR 30 Lacs line of credit with 7% royalty. Both two Sharks Romanna and Faisal also joined the offer they said that the founder has potential so they gave her the deal and the deal is closed.

Its not the startup, its mainly a business that could earn good profit but scalability is difficult. As a founder she has to think what could be other revenue stream that could make it scalable.

Her presentation and honestly is amazing through out the pitch. Sharks invested in her because of her confidence and they think she could do something big.

https://www.shahtajqaiser.com/?srsltid=AfmBOoqgqslG4i0X5im8kQ0sU7DpxCzmKJLJCPMO0ytxVf6C98C2LvyK

https://www.instagram.com/shahtaj.qaiser/?hl=en

Hassan Kashif , the founder of Gum & Gums is from Pakistan. He studied Biology and MBA from USA, he completed his education in the last 11 years from the United States, from high school to all the way masters. His academic background was in Biology, and he was on the pre dental tracks shadowing dentists and worked in the field, and that’s how he came up with the product. He said in Pakistan 80 billion children suffer from dental cavity, that’s why he invented Dr. Floss.

Dr. Floss is a patented flossing solution that cleans your teeth with the click of a button. They already have raised 10 million PKR in non-dilutive funding through various pitch competitions and grands. They are partnering with some of the top dental schools such as Columbia & NYU. He asked for Rs. 70 lacs PKR for 10% equity. Rs.  7 Cr PKR Valuation.

The market size in 2025 is expected to be 4.9 Billion PKR . Shark Usman Bashir asked him if there is any competition of this water jet like style floss? He answered that there is no competition because its one of its kind. Shark asked him what is its barrier to entry and if there is any unfair specific pattern you got, and there are variations also? Founder said that as far as they have done their MVP prototyping till now, he thought that the unfair advantage would come in the form of a thread based floss. Their startup stage is just a pre-revenue because they are prototype.

Shark Junaid Iqbal said him that you have invested your 1 Cr PKR on it you must have to test this product first in the market, simply he answered that they are in bulk and the prototype in that needs to put more manufacturing design, for that purpose they need funds. Sharks asked him to test this product in the market, he said that they made a mold and they took some units to the dental schools and they liked it.

As per my analysis, the founders was not able to answer where they spent Rs. 10 Million PKR raised earlier and why his product is not in the market with this amount. The other reason is that such innovative products need huge funding for research and testing and VCs in Shark Tank normally don’t fund such startups.

The founder is highly qualified and working on something innovative but in early stages. If he keeps doing the stuff then he will surely grow his startup. At the very end the Sharks are out and the deal is not excepted.

“Revolutionizing Sports Gear: Mawaz Taimia Seeks 75 Lacs Investment for Knock Sports on Shark Tank Pakistan’s Premiere”.

Mawaz Taimi, the founder of ‘Knock Sports’ from Lahore. He started his journey in 2008, he’s a professional cricketer and right after that he got an opportunity to play for Pakistan Army. Founder has been working in the industry since 2008 and for the last 4 years he has been in Sialkot to manufacture the bats. Then he started to run his own business. His startup stage is revenue generating. He asked Sharks for Rs.75 lacs for 25% equity to get stable to his business. He invested his own 2 million PKR in Knock Sports company till now.

The market size in all over the world is $600M and $65M in Pakistan. The product price range which the Knock Sports company are offering is 135k per as compared to the other brands cost 200-250k.

The product price range which the Knock Sports company are offering is 135k per as compared to the other brands cost 200-250k. He generated Rs.6 lacs revenue in 2022, Rs.20 lacs revenue in 2023 and Rs.45 lacs revenue in 2024. The 70% supply from all over world is from Pakistan and India. He wants to sell these on international level and to sponsor the players so they can also sell them internationally.

Founder of Knock Sports said that the net profit for each bat is 30% and if we do bulk buying then our margin will automatically rise to 40-45%. He said that it takes 3 days to make a customized bat.

The price breakup (selling in 135k and overall cost per making is 93k). The team of 3 people are working under his company. They also have sent bats to Australia, Netherland and Ireland showcasing their expansion into different markets. The profit margin is projected to increased significantly, suggesting a strong financial outlook. The brand emphasizes sustainability and long-term growth, even with potential price increases.  The Sharks discussed the production capacity and quality control measures for their customized sports brand, particularly focusing on bat production.

The team explores the potential production level of bats. Question arises about the maximum capacity of bat production in the next six months. The owner of Knocks Sport estimate that they can produce 100 bats per day with the right work force. Concerns are raised about quality control with increased production and workforce. ‘The founder mentioned that there is no competitor in Pakistan’.

Sharks are impressed by his method of running a business in a particular way. Sharks who funded the startup (Romana, Rabeel, Usama Bashir). Funding received (75 lacs for 30% Equity and 10% for Royality). Funding breakdown (55% buying raw materials, 15% buying machines, 30% human resource and marketing), Deal is closed. ‘Sharks expresses gratitude for the offer and shows enthusiasm for moving forward’.

Knock Sports Website
Knock Sports Instagram
Knock Sports Facebook Page