Season 1Pitched on show
by Carragreen
CarraBox
Customisable box that, according to the maker, transforms into plates and spoons.
₹400as of 20 Oct 2026
Available
Carragreen
Ecoart Packaging Private Limited
Plantable stationery and transformable eco boxes
Indore company making plastic-free products such as plantable pens, pencils and calendars (CarraSeed), recycled stationery (CarraWrites) and CarraBox, a box that converts into plates and spoons.
FoundersChetna Shah & Surabhi Shah
Pitch & term sheet
Shark Tank India Season 1 · Episode 13 · Aired 5 Jan 2022 · Pitch #38
DealClosing not reported
PitchedEco-friendly plantable and transformable boxes
Surabhi Shah and her mother-in-law pitched their eco-friendly packaging and stationery range, asking Rs 50 lakh for 10%. Peyush Bansal and Anupam Mittal offered the same money for 20%, and the founders accepted.
Founders' ask
₹50 L
for 10% equity
Deal accepted on air
₹50 L
₹50 L for 20%
Implied valuation
₹2.5 Cr
Deal terms (ask implied ₹5 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.
Sharks on the panel
Documented offers
- Accepted on air
1.Peyush Bansal & Anupam Mittal
₹50 L for 20%
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
2018
Company founded
2022
Pitched on Shark Tank India season 1
Accepted Rs 50 lakh for 20% from Peyush Bansal and Anupam Mittal.
Founders & leadership
Surabhi Shah
Co-founder
Moved to Indore after her marriage in 2016 and co-founded Carragreen in 2018 with her mother-in-law, Chetna Shah.
Sources
- 1.Mother and daughter-in-law duo win Shark Tank funding with sustainable packaging (Carragreen)
The Better India · Published 14 Dec 2022 · Accessed 20 Oct 2026
- 2.Meet the founders from NSRCEL that wowed the sharks on Shark Tank India
NSRCEL, IIM Bangalore · Published 25 Feb 2022 · Accessed 20 Oct 2026
- 3.Carragreen official website
Carragreen · Accessed 20 Oct 2026
- 4.CarraBox category - Carragreen
Carragreen · Accessed 20 Oct 2026
- 5.Shark Tank India season 1
Wikipedia · Accessed 20 Oct 2026Encyclopedia (lead only)
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