Mahantam Founder Dhaval Prakashbhai Nai and Jayesh Prakashbhai Nai appeared in Shark Tank India Season 02 for raise capital to expand their business. Mahantam is a very early-stage innovative company that creates tea glass washing machines for tea stalls.
This company finds problems at tea stalls in washing tea glasses because they do not maintain the proper discipline to wash them while cleaning tea glasses.
So for this problem, the founder made the solution to clean fast and hygienic clean tea glass.
Are you curious about what happened to Mahantam after Shark Tank India Season 2? Here are the latest company updates after the show!
| Company Name | Mahantam |
| Founders | Dhaval Prakashbhai Nai, Jayesh Prakashbhai Nai |
| Product | Tea Glass Washing Machine |
| Ask | 30 lakh for 10% equity |
| Deal | 30 lakh for 20% equity |
| sharks | All 5 Sharks |
| Episode | Shark Tank India Season 2 – Episode 29 |
Tea Glass Washing Machine Update After Shark Tank
Mahantam Founders were able to convince All Shark in the Shark Tank, and they secured a deal of 30 lakhs for 20% equity.
All Sharks promised to create the best product for tea stalls where electricity. Their appearance on the shows helped them gain massive popularity.
About Mahantam Tea Glass Washing Machine
Dhaval Prakashbhai Nai and Jayesh Prakashbhai Nai are co-founders of Mahantam. It builds a tea glass washer machine.
They claim to have built 50 Nos. of tea glass washer machine, some R and D with machine to make better than the previous version.
Tea Glass Washing Machine Shark Tank India Pitch
The founder started their pitch with 30 Lakhs for 10% equity.
The founder said that they have developed a machine that is fast hygienic clean of Tea Glasses.
Anupam: Remember past days when getting scholarships was lower than today’s founder pitch for fundraised feelings?
Anupam tells how in his initial days, investors gave him the first opportunity and he was able to build a good business and went ahead and invested in two hundred companies,
But in the present times, people have ideas but are unable to work on them.
They do not have money for this, so their team members ask people to make a one-minute reel for what they want to do and how to do it and send it to us, if they like your idea then our team will help you.
And because of this idea, Dhaval and Jayesh got a grant without any equity. And today their dream came true when they saw him here.
All Sharks put their hands on such a helping step Anupam.
Founder: Show the latest version of the machine and Reveal the latest version the machine makes with the help of Anupam Grants.
Peyush: Tell us what is the story about this product.
Founders: Jayesh tells about his passion for doing business. During the lockdown period, he searches for how to make money and Dhaval is working to build a tea glass washer machine.
and that time dhaval built a machine.
Peyush: You both are brothers and what is your education?
Founders: Jayesh says he studied 10+2 and Dhaval studies 9th class in one school. After that Jayes goes to Dhanera and Dhaval goes to pursue a diploma course in Palampur.
Dhaval says, At the starting time meet professor. That time one processor said to him goes to Brijesh Patel Sir and talk with them.
This time Brijesh Patel sir is the mentor of the founders.
During study time founder goes out to have tea at a tea stall. He looks to regularly one tub in a tea stall. where shoppers clean tea glass in the tub, and feel normal as any other tea stall.
But one day he looks shopper goat drinking water in the tub. After that, he says to shoppers that this tub of water is used to clean a glass used by their goat.
Vineeta: This Tea Glass that Starts the show founder serves a tea clean in the machine or not.
Founder: No, For this problem solution make the machine
All the sharks laughed and said so cute the founder’s behavior.
How are you to clean a tea glass and serve tea to customers? But shoppers say nothing different.
After that Dhaval stopped having tea at those shops.
Some time ago dhaval fathers bought a laptop for this. Dhaval searched for a laptop on YouTube on how to make the design. Learn to make design in six months. After that, he goes to a hardware shop with his father where his father orders him to bed.
He says to his father, Please approach to hardware shop to give an offer to
One thought came mind to founders why I am a build machine to clean tea glasses in fresh water and clean the process fast?
After learning to design, Dhawal goes to meet his father and goes with him to a hardware shop where his father has placed an order for a bed to be made.
Dhawal tells his father to tell the shopkeeper to hire him there, for which Dhawal will not take even a single rupee.
Then gradually he introduces his point about whether a machine can be made from the bad iron kept in his shop, the shopkeeper agrees to this and then Dhaval makes this machine during his two-hour leave in the day. Is.
The first machine which is ready in six months fails but in this process, the mechanism of their machine gets ready, after that they make the second and then the third machine but that too fails.
One day the shopkeeper says that you are wasting your time and that of our artisans. You leave it now.
But he does not accept defeat. And then they go to meet a sir. He tells them the whole story and says that he wants to make a machine but he doesn’t have money.
On this, he says sir and gives ten thousand rupees and says don’t worry, and make this machine with hard work. With that money, they start making machines.
After a month of hard work, the machine is ready. Whatever facility was required in the machine like water flow, it was available.
The machine was still not ready for the glass vase market. At the same time, one of his YouTuber friends told him to make a video and publish it on YouTube and he did so.
Seeing the video, an engineer tea seller from Surat calls and places the first order. After this, he started getting successful fillings.
He tells his mentor about this order and he asks him to give the machine to him but not to take money from him. Because this is your first month.
Dhaval agrees and gives Maseen. But here Dhaval realizes that he has a problem with money.
After this, he meets many professors and tells them about his machine, and with their help he collects one lakh rupees.
With this money, they make five machines. Then, together with his brother, he sells three machines: one machine in Karnataka second in Tamilnadu, and third in Maharashtra.
Peyush: How much did you sell the machine for?
Founders: the first machine for 20 thousand, the second and the third for twenty-eight thousand.
Vineeta: Social Power grows in India. After one video upload on YouTube sales are coming, the very positive situation in India
Aman: My India is transforming to grow business.
Anupam: Bharat learned the business and learned the value of Business.
Peyush; What are your parents doing:
Founder: Father running a studio and with as a lic agent.
Vineeta: What told your father about your journey and achieving success?
Founder: Father says, I have Faith in you. do whatever you want to do.
Anupam: You are lucky.
Aman: Is the same as your first machine and second machine, and what learn about your first machine
Founder: No, the First machine only doing internal washing, On this the customer said that this is not enough because while filling the tea in the cup, the outside part also gets dirty,
hence the outside part should also be cleaned. So that there is no need to wash it again later, arrangements had to be made to clean both the inside and outside of the machine.
Anupam: Can I see a demo of this machine
Founder: Give demo with used tea glass. After demo
Peyush: This machine runs on electricity, But every tea shop does not have electricity.
Founder: Firstly we target which tea shop where electricity is available.
More Brands from Shark Tank India (Season 02):
Final Words
All sharks jointly invested in Mahantam on Shark Tank India. He closed the deal of ₹30 lakhs for 20% equity.
Mahantam Founders’ appearance on the show started a conversation about the problem of tea stalls glass wash.
We hope both founders will build the best version of the glass washing machine huge sales generate the machine, and become the next billion company.
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