2/2/2025
In Episode 14 of Shark Tank India Season 4, founders Kanwardeep Singh, Gaurav Tikiya, and Shivam Diwan from Delhi pitched their innovative wireless, portable, and rechargeable lighting brand - Rosha. Their lamps, crafted from premium materials, cater to both B2B and B2C markets, illuminating luxury hotels, lounges, and households.
Rosha specializes in high-end, aesthetically pleasing, and long-lasting rechargeable lamps. With a strong Made-in-India initiative, 50% of their products are manufactured domestically, while the rest are imported.
✅ Wireless, Portable & Rechargeable
✅ Charging Time: 3-4 hours
✅ Usage Duration: 8-10 hours
✅ Materials Used: Concrete, Marble, Wood, Aluminum, Stainless Steel
✅ Available in the Middle East
Since its inception in 2019, Rosha has steadily grown, lighting up 5,000+ restaurants and lounges and over 15,000 households.
| Financial Year | Sales Revenue |
|---|---|
| FY 2019-20 | ₹60 Lakh |
| FY 2020-21 | ₹1.8 Crore |
| FY 2021-22 | ₹1.8 Crore |
| FY 2022-23 | ₹3 Crore |
| FY 2023-24 | ₹8 Crore |
| FY 2024-25 (Till Sept) | ₹5 Crore |
| FY 2024-25 (Projected) | ₹16 Crore |
🔹 Warranty & After-Sales Service
🔹 Certified Battery for Safety & Longevity
The founders asked ₹60 Lakh for 1% equity, valuing the company at ₹60 Crore.
1️⃣ Anupam Mittal: ₹60 Lakh for 3% equity + 1.5% royalty until ₹90 Lakh is recouped.
2️⃣ Ritesh Agarwal & Anupam Mittal (Joint Offer): ₹60 Lakh for 4% equity + 1.5% royalty until ₹90 Lakh is recouped.
3️⃣ Namita Thapar: Opted out, citing the business as easily replicable.
4️⃣ Aman Gupta: ₹60 Lakh for 2% equity + 1% royalty until ₹60 Lakh is recouped.
5️⃣ Anupam & Ritesh (Revised Offer): Matched Aman’s offer at ₹60 Lakh for 2% equity + 1% royalty.
6️⃣ Peyush Bansal: Opted out.
After intense negotiations, Anupam Mittal dropped out. The final offer was:
✅ ₹60 Lakh for 4% equity + 1.5% royalty until ₹90 Lakh is recouped
✅ Accepted by founders from Ritesh Agarwal and Aman Gupta
Rosha’s journey from a bootstrapped startup to a ₹16 Crore projected revenue brand in just a few years is remarkable. With a growing demand for aesthetic, high-quality, rechargeable lighting, Rosha is well-positioned to dominate the premium lighting space.
🔗 Website: Rosha India