Econiture is a company that was recently featured on Shark Tank India Season 2, find out more about the company, their experience on the show and founder
Shark Tank India season 2 is already brimming with startups that are one-of-a-kind and unique in their industries. However, the most recent startup featured on the show didn’t win any investments but won the hearts of sharks and audiences.
The startup addressed the largest problem on the planet: plastic garbage. Numerous businesses and NGOs have worked hard to eradicate this issue. In the most recent episode of Shark Tank India, four friends who wanted to eradicate plastic—a huge environmental problem—did something inventive to repurpose the garbage and make something creative.
Econiture furniture Shark Tank India founder, valuation, revenue, net worth in 2023
They came on the show with the idea of turning plastic garbage into furniture. Since then, the startup Econiture has become the talk of the town, with many people trying to find out more about it. So, let’s find out everything about it:
More about Econiture
Econiture is a manufacturer of renewable energy semiconductors that strives to save wood by producing furniture while generating valuable resources via the recycling of hazardous trash, such as plastic.
Established by Madhur and his three friends, Roshan Pidiyar, Bhushan Boob, and Ashish Modak, it is a dry garbage management business that transforms recycled plastic waste into stunning furniture and home décor items.
With no additional metals, chemicals, dyes, or other materials, Econiture Sustainable Furniture and Home Decor Products transform trash from cleaned plastic fragments into a solid that is robust and resembles wood.
Products of Econiture
Econiture transformed plastic trash into benches, tables, beach chairs, and other items. Furniture made by them is more robust and long-lasting than wood furniture. This lovely furniture has a longer lifespan and is environmentally friendly. Their furniture is unique because it is resistant to decay and corrosion.
Their Shark Tank India Season 2 experience
In return for 8% ownership, they offered Rs. 50 lakh. As part of their proposal, they promised to use only garbage. Despite being intrigued by the concept, the sharks decided it was too early to make an investment, so none of them did.
Shark Peyush did buy 1,000 pieces for his workplace.
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