From Trash to Treasure: How “Without” is Revolutionizing Sustainability with Recycled Sunglasses
Imagine sunglasses crafted from a revolutionary material – one that not only protects your eyes in style but also combats plastic waste! This is the innovative vision behind “Without,” a startup featured on Shark Tank India. Their groundbreaking technology transforms multi-layered plastics (MLPs), typically destined for landfills, into high-quality, durable sunglasses.
But Without goes beyond just cool shades. They’re on a mission to empower waste pickers in India and create a positive social impact. By integrating recycled MLPs into their products, they’re tackling environmental issues while providing economic opportunities for marginalized communities. Join us as we delve deeper into Without’s story and explore how they’re redefining sustainability, one pair of sunglasses at a time.
About The Company – Without
Startup / Company Name | Without |
Industry | Sunglasses Industry |
Founder | Anish Kishore Malpani |
Product / Service | Sunglasses |
Revenue | Pre Revenue |
About The Pitcher
Number of Presenters | One presenter |
Name of Presenters | Anish Kishore Malpani |
Pitchers City | Pune |
Pitchers State | Maharashtra |
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Without Pitch Details
Shark Tank Episode | Episode |
Original Ask Amount | ₹ 75 Lakhs |
Original Ask Equity | 1% Equity |
Original Valuation | 75 Crore |
Offer Received | 1)75 Lakhs for 3% Equity (Peyush & Ronnie) 2)30 Lakhs for 1% Equity & 45 Lakhs debt for 10% Interest for 2 years (Aman) |
Final Deal Amount | 75 Lakhs |
Total Deal Equity | 3% Equity |
Sharks in Deal | Peyush & Ronnie |
Solutions Offered By Business
Without isn’t your average sunglass company. They focus on a two-pronged solution: creating a sustainable product and empowering waste pickers in India. Here’s how their approach breaks down:
- Innovative Material: Without tackles the challenge of multi-layered plastics (MLPs), notoriously difficult to recycle. Their proprietary technology transforms these MLPs, often found in chip packets, into a durable and recyclable material for their sunglasses. This not only reduces plastic waste but also creates a valuable resource from what was previously considered trash.
- Eco-Friendly Production: Without prioritizes sustainability throughout their process. By using recycled MLPs, they minimize their reliance on virgin plastic and its associated environmental impact. Additionally, their sunglasses are themselves designed to be recyclable, further reducing their environmental footprint.
- Socially Responsible Sourcing: Without recognizes the crucial role of waste pickers in the recycling ecosystem. They partner with waste picker communities in India, providing them with a reliable source of income through the collection of MLP waste. This empowers these communities and promotes social responsibility within their business model.
- High-Quality Sunglasses: Despite their focus on sustainability, Without doesn’t compromise on quality. Their sunglasses are designed for durability and come with various lens options, catering to both style and functionality.
In essence, Without offers a solution for:
- Consumers seeking stylish and sustainable sunglasses.
- Companies aiming to decrease their environmental impact by incorporating recycled materials into their products.
- Waste pickers in India looking for a stable source of income and economic empowerment.
Without’s approach goes beyond simply selling sunglasses. They’re creating a ripple effect of positive change for the environment and society.
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Lesser Known Facts About Without
- Unique Material: Without’s focus on using multi-layered plastics (MLPs) for sunglasses is a novel approach to tackling a complex recycling challenge.
- Social Impact Mission: The company prioritizes empowering waste pickers in India, integrating social responsibility into their business model.
- Valuation Debate: The Shark Tank India pitch highlighted the gap between Without’s ambitious social impact vision and their high valuation expectations.
- B2B vs. B2C Model: The debate regarding B2C branding and B2B material sales showcased the strategic considerations for scaling the business.
- Dream Deal Secured: Despite initial concerns, Without successfully secured a coveted investment from their preferred sharks, Ronnie and Peyush Bansal.
- Sustainable Sunglasses: Without demonstrates that eco-friendly practices and high-quality products can go hand-in-hand.
- From Waste to Treasure: The company’s name “Without” cleverly reflects their ability to transform discarded materials into valuable resources.
- Early Stage Potential: Without’s Shark Tank India appearance showcased their early-stage potential for growth and disruption in the sustainable fashion industry.
- Passionate Founder: Anish Malpani’s enthusiasm and clear vision for the company resonated with the sharks, even amidst concerns about the product itself.
- A Future for Sustainable Fashion: Without’s approach represents a promising direction for the fashion industry, with a focus on responsible production and waste reduction.
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