MUMBAI: In a world dominated by screens, two young entrepreneurs are redefining playtime! Yash Thombare (22) and Vedang Nalawade (21) from Pune are on a mission to bring the joy of real-world play back to children. With their brainchild, Clapstore Toys, launched in 2020, they’ve created educational toys designed to engage kids aged till six years while fostering essential skills. Already impacting over 50,000 families across India, their success story is gaining momentum.
In the latest season of Shark Tank India 4, Thombare and Nalawade took centre stage with their innovative product – the portable busy boards. A first in India, these boards aim to captivate young minds with hands-on, screen-free learning. The Sharks were initially intrigued but skeptical until they saw the product in action. After a heartwarming live demo with kids, the duo’s pitch gained traction. Seeking Rs 80 lakh for four per cent equity, the founders struck a sweet deal: Rs 1 crore for 10 per cent equity, backed by all five Sharks!
"The Sharks' feedback was invaluable," said Thombare and Nalawade. "Their mentorship will accelerate our growth and help us make our innovative toys more accessible to families across India." Their victory on Shark Tank is a testament to their unwavering belief in the power of real play and their mission to enrich childhood development through screen-free toys.
So, what’s next for Clapstore? With the support of the Sharks, this dynamic duo is ready to scale up and take their vision even further.