Two Kashmiri college students and brothers have clinched a deal on India’s renowned reality show, Shark Tank with Tramboo Sports now engulged in a controversy case
In a recent episode of Shark Tank India 3, Hamaad and Saad Tramboo, aged 18 and 20 respectively, unveiled their line of Kashmir willow bats. Operating from Srinagar, Tramboo Sports has been producing cricket bats using both English willow and Kashmiri willow.
Who are brothers Hamaad and Saad owner of Tramboo Sports company which makes Kashmiri willow bat and case controversy explained after company appeared on Shark Tank season 3
The duo highlighted the heavier nature of Kashmir Willow compared to English Willow but emphasized their successful management of it.
They asserted their position as the leading manufacturer of Kashmir Willow Bats, utilizing Premium Grade 1 Kashmir Willow to ensure superior quality and lighter bats.
Since their establishment in 2021, the duo claimed to have sold over 20,000 bats, securing a deal for 1,000 bats even in Qatar.
Sony Ent. T.V Ltd and Shark Tank India face a legal notice from Alfa Sports & Co, a Kashmir-based cricket manufacturer, seeking INR 500 crore in damages. The notice involves participants Saad and Hamad Tramboo of Tramboo Sports Pvt Ltd for claims made about their bat… pic.twitter.com/7RP3wAbwA7
— Vipin Tiwari (@Vipintiwari952_) February 6, 2024
Equity Stake
Currently pursuing their BBA degrees, the duo sought Rs 30 lakhs for a three percent equity stake in their venture. Saad and Hamaad underlined their unique selling proposition: being the sole market players offering Kashmir willow bats at faster and more affordable rates.
Intrigued by their pitch, negotiations ensued with the Sharks. Various offers were made, including Vineeta and Anupam proposing Rs 30 lakhs at 10%, and Ritesh offering the same amount at four percent.
Tramboo Sports, a Srinagar-based company founded by two young brothers, Hamad and Saad Tramboo, is making a name for itself in the cricket bat industry.🏏 @tramboosports #TrambooSports #CricketRevolution #SharkTankIndia #KashmirWillowBats #Kashmir #StartUpIndia #WillowBats pic.twitter.com/ZyfUzT6iOz
— The Better India (@thebetterindia) February 1, 2024
Deal Struck with Shark Aman and Peyush
Aman, in a playful manner, critiqued the high equity stakes, ultimately offering Rs 30 lakhs at six percent. After deliberation, Saad and Hamaad struck a joint deal with Aman and Peyush at Rs 30 lakhs for a four percent equity share.
This successful deal marked a milestone for the Kashmiri entrepreneurs on Shark Tank India 3, broadcasted on Sony LIV. Notably, Saad and Hamaad are grandsons of Nazir Ahmad Tramboo, a prominent figure in Kashmir’s poultry industry.
Tramboo Sports Sparked Controversy
However, the episode aired on January 30th has stirred legal controversy for Shark Tank India Season 3. A pitch about a cricket bat manufacturing startup has sparked backlash from Kashmir’s bat manufacturing industry, demanding an apology and Rs 100 crore in damages.
The bat makers accuse Sony Entertainment Televisions of broadcasting inaccurate data, tarnishing the reputation of Kashmiri bat makers. Specifically, they point to the claims made by Saad and Hamaad Tramboo on the show, alleging misinformation about Kashmir willow bats.
The Cricket Bat Manufacturers Association of Kashmir (CBMAK) asserts that the misrepresentations harm the entire bat-making business, demanding a correction and apology on the same platform. Legal action has been initiated against Sony and the Tramboo brothers.
Sony Ent. T.V Ltd and Shark Tank India face a legal notice from Alfa Sports & Co, a Kashmir-based cricket manufacturer, seeking INR 500 crore in damages and the notice involves participants Saad and Hamad Tramboo of Tramboo Sports Pvt Ltd for claims made about their bat manufacturing capabilities that aired on January 30, 2024.
It’s worth noting that Shark Tank India Season 3 features new sharks: Ritesh Agarwal, Deepinder Goyal, Azhar Iqubal, Radhika Gupta, Ronnie Screwvala, and Varun Dua.
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