Funding · Commerce & Consumer Brands
MeMeraki secures ₹1 crore on Shark Tank India
By Startup Enthusiast ·
- Date
- Company
- MeMeraki
- What it does
- Platform for Indian traditional art
- Kind
- Funding
- Amount
- ₹1 crore
- Stage
- seed
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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