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SustainabilityBeauty & Personal CareSeason 1 · Episode 16Verified

Bamboo India

Bamboo alternatives to everyday plastic

Pune company making bamboo alternatives to household plastic items, including toothbrushes, speakers, mugs, stationery and personal-care products.

FoundersAshwini Shinde & Yogesh Shinde

Pitch & term sheet

Shark Tank India Season 1 · Episode 16 · Aired 10 Jan 2022 · Pitch #46

DealClosing not reported

PitchedBamboo-based alternatives to plastic products

Yogesh and Ashwini Shinde pitched their bamboo-based plastic alternatives, asking Rs 80 lakh for 4%. Ashneer Grover and Anupam Mittal together offered Rs 50 lakh for 3.5% plus Rs 30 lakh as debt, and the founders accepted.

Founders' ask

₹80 L

for 4% equity

Deal accepted on air

₹50 L

₹50 L for 3.5% + ₹30 L debt

Implied valuation

₹14.29 Cr

Deal terms (ask implied ₹20 Cr)

Implied valuation is calculated by PitchBase Global as cash ÷ equity share and excludes debt. An offer accepted on television is subject to due diligence and may change or not close.

Documented offers

  1. 1.Ashneer Grover & Anupam Mittal

    ₹50 L for 3.5% + ₹30 L debt

    Accepted on air

After the show

Closing not reported

We have not found a reliable published report on whether this investment closed after filming.

VerifiedLast checked 20 Oct 2026

Products & where to buy

Company timeline

  1. 15 Aug 2016

    Company founded

  2. 2022

    Pitched on Shark Tank India season 1

    Accepted Rs 50 lakh for 3.5% plus Rs 30 lakh debt from Ashneer Grover and Anupam Mittal.

Founders & leadership

  • Ashwini Shinde

    Co-founder

    Co-founder of Bamboo India alongside her husband, Yogesh Shinde.

  • Yogesh Shinde

    Co-founder

    Co-founder of Bamboo India, which he started in 2016 with his wife Ashwini to replace everyday plastic items with bamboo products.

Sources

  1. 1.
    Bamboo India official website

    Bamboo India · Accessed 20 Oct 2026

  2. 2.
    Shark Tank isn't JUST a platform for founders to obtain funding

    Bamboo India · Published 3 Mar 2024 · Accessed 20 Oct 2026

  3. 3.
    Agripreneur Uses Power of Social Media To Replace 16.5 Lakh Kg Plastic Waste with Bamboo

    The Better India · Published 21 Dec 2021 · Accessed 20 Oct 2026

  4. 4.
    Shark Tank India Episode 16 Summary

    BizzBucket · Published 12 Feb 2022 · Accessed 20 Oct 2026Recap blog / aggregator

  5. 5.
    Best Shark Tank India deals (GrowthJockey)

    GrowthJockey · Accessed 20 Oct 2026Recap blog / aggregator

  6. 6.
    Top 20 most successful deals from Shark Tank India

    Finanjo · Published 3 Feb 2026 · Accessed 20 Oct 2026Recap blog / aggregator

  7. 7.
    Shark Tank India season 1

    Wikipedia · Accessed 20 Oct 2026Encyclopedia (lead only)

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