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PALMONAS on Shark Tank India: Offering Demi-Fine Jewellery

PALMONAS founders Pallavi Mohadikar, Dr. Amol Patwari, and Shraddha Kapoor appeared on Shark Tank India season 4 in episode 34 for seeking an offer of ₹ 1.26 Cr. for 1% equity at the valuation of ₹ 126 Cr. How does this deal close here?

By Saroj Kumawat
New Update
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PALMONAS appeared in Shark Tank India Season-4  in Episode 34. Pune-based PALMONAS is India's first demi-fine Jewellery brand. Its mission is to make high-quality, sophisticated jewelry accessible and affordable for the modern Indian woman who balances ambition, intellect, and individuality. Global trends with Indian heritage in its design. Its specialties are Indian heritage design, tarnish-proof, water-proof, skin-friendly materials, and perfect for everyday wear and beyond.

  Pallavi Mohadikar, Dr. Amol Patwari, and Shraddha Kapoor are the founders of PALMONAS. Their dedication to quality, creativity, and customer satisfaction is at the heart of PALMONAS's success. At Shark Tank India, they were seeking an offer of ₹ 1.26 Cr.  for 1% equity at the valuation of ₹ 126 Cr.

 Also read- Profitable Future Business Ideas in India for 2025, 2030, 2050.

PALMONAS Valuation, Funding, and Company Profile

  

Company 

PALMONAS 

Valuation 

INR 126  Cr.

Founder

Pallavi Mohadikar, Dr. Amol Patwari and Shraddha Kapoor

Headquarters 

Pune, Maharashtra

Founding Year 

2022
Industry
Retail Luxury Goods and Jewellery

Profitability 

Undisclosed 

Got Investment 

Yes

Conclusion - PALMONAS Shark Tank India

It was an engaging episode at Shark Tank India - Season 4 with all sharks:  Ritesh Agarwal, Vineeta SinghKunal Bahl, Aman Gupta, and Namita Thapar where they secured a deal of ₹ 1.26 Cr. for 1% equity + 0.5 % royalty until 1.25 Cr. is recouped at the valuation of ₹ 126 Cr. with Shark Ritesh Agarwal and Namita Thapar and received valuable mentorship to help grow their business PALMONAS . 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.