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Funding · Commerce & Consumer Brands

MeMeraki secures ₹1 crore on Shark Tank India

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Date
Company
MeMeraki
What it does
Platform for Indian traditional art
Kind
Funding
Amount
₹1 crore
Stage
seed
Sector
Commerce & Consumer Brands

What they do

MeMeraki is a full-stack platform for Indian traditional art, offering workshops, kits, and a marketplace

What happened

It raised ₹1 crore for 4% equity from four sharks on Shark Tank India

Why it matters

The multi-shark deal reflects investor confidence in creator economy and cultural commerce

The details

  • MeMeraki appeared on Shark Tank India and secured a deal.
  • It sought ₹50 lakhs for 1.67% equity on the show.
  • It received ₹1 crore for 4% equity from four sharks.
  • The deal is a rare multi-shark deal on the show.
  • This reflects investor confidence in creator economy and cultural commerce.
  • MeMeraki is a technology-driven cultural commerce platform, not just a design studio.

The bigger picture

  • The company started as a personal experiment painting traditional art on handbags, which sparked overseas interest.
  • During the pandemic, it introduced live online workshops connecting artists with global audiences.
  • It achieved 85% traffic without paid marketing.
  • The platform has thousands of listings.

About the business

  • MeMeraki is a full-stack platform for Indian traditional art.
  • It offers live and recorded workshops, DIY art kits, masterclass content, a marketplace, and B2B collaborations.
  • It solves three core challenges: lack of awareness about India's 3000+ art forms, limited global accessibility to artisans, and absence of contemporary usable formats for traditional art.
  • The company makes money through workshops, kits, marketplace commissions, and B2B partnerships.
  • It operates globally, connecting Indian artisans with international audiences.

What happens next

  • MeMeraki aims to expand global footprint.
  • It plans to strengthen B2B collaborations.
  • It wants to build deeper artist networks.
  • Its goal is to become the largest digital platform for Indian art and culture.

The deal

Type
equity

Investors

  • Four sharks from Shark Tank India (lead) — Investors on the television show Shark Tank India.

Founders

  • Yosha Gupta, founder

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