Pabiben is a well-known embroidery brand, that has been featured on the Shark Tank India Season 2, find out more about the brand and the show
Shark Tank India season 2 has been notable for showcasing female entrepreneurs in a variety of fields, from Artificial Intelligence to food. However, a recent pitch on the show has captured the hearts of many viewers.
Pabiben Rabari Embroidery on Shark Tank India, episode, founder, deal, valuation, products and bags price, website, net worth in 2023
| Pabiben Rabari Embroidery Shark Tank India Episode Number | Shark Tank India Season 2, Week 7 Episode 32 |
| Pabiben Rabari Embroidery Shark Tank India Episode Air Date | 14 February 2023 |
| Pabiben Rabari Embroidery Founder Name | Pabiben Rabari , Nilesh Paryadarshi |
| Pabiben Rabari Embroidery Ask In Shark Tank India | ₹50 lakh for 5% equity |
| Pabiben Rabari Embroidery Deal In Shark Tank India | ₹10 lakh for 5% equity, ₹40 lakh debt for 0% interest |
| Pabiben Rabari Embroidery Company Valuation | ₹10 crore |
| Pabiben Rabari Embroidery Investor Name | Namita Thapar |
| Pabiben Rabari Embroidery Official Website | Pabiben Rabari Website |
In a recent episode, the first entrepreneur to pitch was Pabiben Rabari, a seller of vibrant Rabari handicrafts from Gujarat. Her business has primarily been conducted online, and she is dedicated to ensuring that the artists who create the products are paid a fair price for their work.
In fact, the business is named after Pabiben Rabari herself, who is committed to selling only original products at reasonable prices.
Since then, the Pabiben Rabari Embroidery business has become the talk of the town with many people trying to find out more about it. So, here’s what we know about it:
More about Pabiben Rabari Embroidery business
Pabiben Rabari Embroidery is a company that specializes in handmade craft works, founded by Pabiben Rabari, who has been involved in hand-crafting since her youth and has gained a massive following for her work. Pabiben Rabari hails from Kukdasar village in Kutch, Gujarat.
Her life took a turn when she decided to focus on the art of traditional Rabari embroidery, and the result has been a series of innovative machine applications, including the popular Pabi Zari. Today, Pabiben’s designs have been featured in Bollywood and her clientele spans the globe.
Dr. Nilesh Priyadarshi also works with Pabiben and is the head of Kaarigar Clinic, a company that helps new businesses from rural areas scale up through marketing strategies. His sample bag, named the Pabi bag, became a popular item, and Pabiben soon became the first woman in her community to launch an online e-commerce platform. She was also the first to start a Women’s Artisan Enterprise.
Their products include laptop bags, potlis, shoulder bags, tote bags, clutches, sling bags, pouches, stoles, shawls, passport covers, trays, shirts, sarees, dupattas, cushion covers, diaries, and frames, among others.
Its experience on Shark Tank India 2
Shark Namita made an initial offer of ₹5 lakh for 2% equity, valuing the company at ₹2.5 crore and offering ₹45 lakh debt at 0% interest. Pabiben Rabari countered with an offer of ₹10 lakh for 5% equity, valuing the company at ₹2 crore and offering ₹40 lakh debt at 0% interest. Ultimately, Shark Namita accepted the counteroffer and finalized the deal.