Shark Tank India is one of the most watched television shows in India where aspiring Indian entrepreneurs convince a group of investors to fund their ventures through their business concepts.
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Tramboo Brothers on Shark Tank
20-year old Saad Tramboo and 18-year old Hamaad Tramboo, co-founders of the brand Tramboo Sports, made an appearance on Shark Tank India season 3 on 30 January 2024. Their business is all about selling world class quality kashmir willow bats. The Tramboo brothers started this venture in 2021 and till now have sold more than 20000 bats.
They asked for an investment of 30 lakhs in exchange of 3% equity. They pegged the valuation of their enterprise at approximately 10 crores. However, the brothers hit a deal at 30 lakhs but at a slightly higher equity stake of 4% with Aman Gupta, CEO of boAt, and Peyush Bansal, CEO of Lenskart.
What is Tramboo Sports?
Tramboo Sports takes immense pride in offering top-tier Kashmir Willow Bats, renowned for their unparalleled quality and performance. Crafted from the finest Premium Grade 1 Kashmir Willow, each bat undergoes meticulous handcrafting, ensuring perfection in every detail. Our bats boast a lightweight design, providing players with optimal maneuverability without compromising on durability. With every stroke, our bats deliver an impressive punch, empowering players to excel on the field.
As part of our commitment to customer satisfaction, we offer Free Delivery with Cash on Delivery (COD) services across India, making it convenient for enthusiasts to acquire our exceptional bats. Additionally, our global delivery services extend our reach to players worldwide, ensuring everyone can experience the excellence of Tramboo Sports’ Kashmir Willow Bats. Elevate your game with our premium-quality bats, crafted for champions
CBMAK filed a case against them
The Cricket Bat Manufacturers Association of Kashmir (CBMAK) has filed a lawsuit against Sony Pictures Networks and Tramboo Sports for falsely claiming to be the exclusive manufacturers of Kashmir willow bats. According to them, this misleading statement had a negative effect on the businesses of its members, resulting in lower sales and harm to the industry’s reputation in Kashmir for producing bats.
President of CBMAK, Mr. Fayaz Ahmad Dar and, Vice President and Spokesperson, Mr. Fawzul Kabiir, has demanded a public apology from the young founders of Tramboo Sports within a fortnight. In addition, it asks for a compensation of Rs. 100 crore in order to reimburse CBMAK members for their losses and psychological suffering.
What is CBMAK?
The Cricket Bat Manufacturers Association of Kashmir is a prominent organization that represents the interests of cricket bat manufacturers in the picturesque region of Kashmir Valley.
One of the primary objectives of the association is to uphold the tradition of craftsmanship and ensure the quality and authenticity of Kashmiri cricket bats. This involves setting standards for manufacturing processes, wood selection, and bat design, as well as providing training and support to artisans to maintain the high quality that Kashmiri bats are renowned for. The association also plays a crucial role in promoting the unique identity of Kashmiri cricket bats both domestically and internationally.
In essence, the Cricket Bat Manufacturers Association of Kashmir stands as a symbol of pride for the region, representing not only the craftsmanship and entrepreneurial spirit of its members but also the rich cultural heritage of Kashmir itself.
