Season 2
by Rubans
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Rubans
Fashion and temple jewellery
Fashion and gold-plated jewellery brand selling online and through retail stores, started with a mall kiosk in Bengaluru.
FoundersAmit Kala & Chinu Kala
Pitch & term sheet
Shark Tank India Season 2 · Episode 48 · Pitch #156
DealClosing not reported
PitchedFashion jewellery
Husband-and-wife co-owners pitched their fast-growing fashion jewellery brand; three sharks offered a mix of equity and debt, which the founders accepted after debating the debt component.
Founders' ask
₹1.5 Cr
for 0.5% equity
Deal accepted on air
₹1 Cr
₹1 Cr for 1% + ₹50 L debt at 12%
Implied valuation
₹100 Cr
Deal terms (ask implied ₹300 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.Namita Thapar, Aman Gupta & Vineeta Singh
₹1 Cr for 1% + ₹50 L debt at 12%
After the show
Closing not reported
We have not found a reliable published report on whether this investment closed after filming.
Partially verifiedLast checked 21 Oct 2026
Products & where to buy
Company timeline
2014
Company founded
Started with a kiosk at Phoenix Mall, Bengaluru.
Mar 2023
Appeared on Shark Tank India Season 2
Founders & leadership
Amit Kala
Co-founder
Chinu Kala
Co-founder
Left home at 15 and worked low-paid jobs before starting Rubans in 2014 with a mall kiosk in Bengaluru.
Sources
- 1.Shark Tank India 2: Jewellery brand co-owner impresses judges with her story of struggle
IANS Life · Accessed 21 Oct 2026
- 2.Meet woman who left home with only Rs 300, slept on railway station, build Rs 104 Cr company
India.com · Published 12 Sept 2024 · Accessed 21 Oct 2026
- 3.Rubans official website
Rubans · Accessed 21 Oct 2026
- 4.Shark Tank India season 2
Wikipedia · Accessed 21 Oct 2026Encyclopedia (lead only)
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