Krishna has named his second venture as Sneakare. Which is associated with Shoes Care Industries. He told that a total of Rs 18 lakh has been invested in this company, out of which Rs 5 lakh has been taken from his parents. The rest he earned by himself.
In the first season of Shark Tank India, such people came out with their ideas, which got a lot of praise. In one episode, Krishna, a resident of Delhi had reached, seeing whose idea and passion, the judges of Shark Tank India were also surprised.
Krishna told that when he was only 17 years old, only then started his first venture from his school. Krishna told on the forum of Shark Tank that he had earned 10-15 thousand rupees from the first time by providing 12th farewell dress in school. After that gradually he expanded his venture in many schools. But due to the lockdown, this business stopped in the year-2020.
Idea came in lockdown
He told that after talking to some friends during the lockdown, he came to know about the shoe care industries. After two months of research, he decided that there is growth in this field and then Krishna decided to enter the shoe care industries.
Krishna has named his second venture as Sneakare. Which is associated with Shoes Care Industries. He told that a total of Rs 18 lakh has been invested in this company, out of which Rs 5 lakh has been taken from his parents. The rest he earned by himself.
The judge was very impressed
Describing about his company, he said, ‘Just as every house is identified by its toilet or bathroom, in the same way a person is identified by their shoes.’ That’s why shoes are expensive or cheap, everyone wants to keep them right, which is making Sneakare easy. He has made such a shoe box, whose demand is going to increase rapidly.
Krishna is currently a student of B.Com third year (commerce), he is 22 years old, the judges of Shark Tank India were very much impressed by Krishna’s idea and the three judges together decided to invest in Krishna’s company.
Three judges invested
Namita Thapar, Vinita Singh and Aman Gupta together announced to invest Rs 21 lakh in Krishna’s company. The judges of Shark Tank India told Krishna that your story is a picture of real India. There is a lot of enthusiasm among the youth about startups.
Significantly, the first season of the startup based reality show Shark Tank India has ended successfully. In total 35 episodes of this season, 67 startups received $5.7 million in funding.
