Mahantam is a tea glass washing machine company, find out more about the company and its experience on Shark Tank India Season 2 along with the founder
Shark Tank India’s second season featured some incredibly creative items with amazing origin tales, ranging from motorized wheelchairs to portable pregnancy monitoring gadgets.
However, the most recent firm to be featured in the program is Mahantam, which creates automated tea glass-washing equipment for roadside tea vendors. The idea is so unique that every shark hailed the product’s idea and left them all pleased.
Five sharks also came up with an offer for them after hearing their narrative of how Dhaval learned machine design from YouTube and built the first machine. The company has not only gotten investments from the show but also garnered lots of praise.
Mahantam tea glass washer machine on Shark Tank India, episode, founder, valuation, deal, net worth in 2023
Due to this, Mahantam company has become the talk of the town with many trying to find out more about it. So, here’s what we know about it.
| Mahantam Tea Glass Washing Machine Shark Tank India Episode Number | Shark Tank India Season 2, Week 6 Episode 29 |
| Mahantam Tea Glass Washing Machine Shark Tank India Episode Air Date | 9 February 2023 |
| Mahantam Tea Glass Washing Machine Founder Name | Dhaval Barber and Jayesh Barber |
| Mahantam Tea Glass Washing Machine Ask In Shark Tank India | ₹30 lakh for 10% equity |
| Mahantam Tea Glass Washing Machine Deal In Shark Tank India | ₹30 lakh for 20% equity |
| Mahantam Tea Glass Washing Machine Company Valuation | ₹1.5 crore |
| Mahantam Tea Glass Washing Machine Investor Name | Namita Thapar, Vineeta Singh, Aman Gupta, Anupam Mittal, Peyush Bansal |
| Mahantam Tea Glass Washing Machine Official Website | Update Soon |
More about Mahantam
Mahantam, a young firm founded by brothers Dhaval and Jayesh Prakashbhai Nai, has only sold three devices to date but has already had requests from a number of suppliers.
Dhaval and Jayesh are natives of the Gujarati hamlet of Banaskantha. While working on his diploma, Dhaval had the inspiration to create a device for cleaning the tea cups used by roadside tea vendors. Later, with the guidance of his professor, he came up with the idea and later patented it.
Mahantam Tea Glass Washing Machine strives to use technology to tackle this problem by offering machines because it recognizes that hygiene is not a luxury but a need.
Dhaval later improved the design, and it was the one that was ultimately shown on the broadcast. To tea merchants, it is sold for Rs. 28,000 per unit. In just 30 seconds, the gadget can wash 15 tea glasses with high-pressure water. The inventors claimed that it can wash 250 glasses with its 38-liter water capacity.
Company’s experience on the show
The creator of The Mahantam asked for Rs. 30 lakhs for 10% equity. The pitch they gave to the sharks was well received by all of them, and they came to an agreement to offer Rs. 30 lakhs for 20% equity in the firm which made the company valuation at Rs. 1.5 crore rupees.
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