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Japam on Shark Tank India: Offering Spiritual Accessories

Japam founder Ritoban Chakrabarti on Shark Tank India season 5 in episode 9 for seeking an offer of ₹ 1.5 Crore for 1% equity at the valuation of ₹ 150 Crore. How does this deal close here?

By Jitendra swami
New Update
Japam on Shark Tank India Offering Spiritual Accessories

Japam appeared in Shark Tank India Season-5  in Episode 9. Mohali-based Japam is a D2C brand offering spiritual jewellery and ornaments, aiming to make a mark in India’s spiritual space. Founded in 2022 by Ritoban Chakrabarti, the startup also sells traditional wearables, home décor items, and puja accessories.

Japam Valuation, Funding, and Company Profile

CompanyJapam
FounderRitoban Chakrabarti
HeadquarterMohali, Punjab
Founding Year2022
IndustryOffering spiritual jewellery and ornaments
Got InvestmentYes
ValuationINR 150 Crore

Conclusion- Japam On Shark Tank India S5

After asking for ₹1.5 crore for 1% equity, sharks Varun and Namita made a counter-offer of ₹1.5 crore for 1% equity plus a 1% royalty until ₹1.5 crore is recouped. Ritoban accepted the offer and secured the deal.

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