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Eri Weave appeared in Shark Tank India Season-4 in Episode 27. Meghalaya-based Eri Weave offers handwoven products. Eri silk is thermoregulatory in nature. Its categories are eri silk yarn, organically dyed, and handwoven eri silk fabric. These products are eco-friendly. It includes scarves, shawls, and yardage fabric.
Lebaini Rymbai and Iaishah Rymbai are the founders of Eri Weave. Their dedication to quality, creativity, and customer satisfaction is at the heart of Eri Weave's success. At Shark Tank India, they were seeking an offer of ₹ 20 lakhs for 12% equity at the valuation of ₹ 1.67 Cr.
Also read- Profitable Future Business Ideas in India for 2025, 2030, 2050.
Eri Weave Valuation, Funding, and Company Profile
|
Company |
Eri Weave |
|
Valuation |
INR 1.67 Cr. |
|
Founder |
Lebaini Rymbai and Iaishah Rymbai |
|
Headquarters |
|
|
Founding Year |
2019 |
| Industry | Manufacturing |
|
Profitability |
Undisclosed |
|
Got Investment |
Yes |
Conclusion - Eri Weave Shark Tank India
It was an engaging episode at Shark Tank India - Season 4 with all sharks: Namita Thapar, Aman Gupta, Peyush Bansal, Anupam Mittal and Vineeta Singh where they secured a deal of ₹ 20 lakhs for 12% equity at the valuation of ₹ 1.67 Cr. with Anupam Mittal & Namita Thapar and received valuable mentorship to help grow their business Eri Weave . Now, everyone is eagerly awaiting the next episode, looking forward to discovering more intriguing businesses and their strategies for raising funds from the panel of judges.
Also read- Best Business Ideas Under 5 Lakhs in India for 2025.
