On Good Returns, we have started a new show "Startup Mantra". In this show we will introduce you to some of the startup founders of India whose brain child product is contributing to Indian economy. We all know that India becomes the third largest startup ecosystem in the world. Startups are increasing continuously in India in the last two decades.
Today we are in conversation with the Founders of House of Chikanakri.
The brand recently featured on the second season of investment-focused television show Shark Tank India. After detailing the business and its financials, the founders were offered and accepted Rs 75 lakh in funding for a 3.75% equity stake in the business for valuation of Rs 20 crore. The offer was jointly made by Boat’s co-founder and CMO Aman Gupta and Lenskart CEO Peyush Bansal.
Mother-Daughter Duo Exclusively Shared Their Experience Of Shark Tank With GoodReturns.
About House of Chikankari:
House Of Chikankari is an attempt to bring the traditional handcraft of women’s clothing with the heritage artwork of Lucknow through a new business model. With fabrics like muslin, velvet, silk, muslin, viscose, inayat and rayon, they sell Made in India products to the global market. House Of Chikankari brings a complete range of handcrafted products like kurtas, kaftans, bottom wear, gowns, sarees and dupattas.
Mother-daughter duo Aakriti Rawal and Poonam Rawal have turned their hobby of creating their ethnic designs into a business during the lockdown and created a business strategy to bring Indian traditional heritage to the global market with a comfortable feel and handcraft. Everyone is inspired to see Mother Daughter Womanpreneurship by adapting ancient art and new business model into the new design.
The business was started in 2020. House Of Chikankari gives employment opportunities for 2000+ women.
About Founders:
Poonam Rawal, Co-Founder and Head of Production
The heart and backbone of House of Chikankari, she shuffles back and forth all day, between artisans & vendors - camouflaging seamlessly into various roles.
Aakriti Rawal, Co-Founder and Creative Director
The thread that binds everything together. She incubated the idea for House of Chikankari and turned it into a reality; now making sure we get closer to our vision, one step at a time.
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