Pickleball is making waves globally, and Goodland Pickleball is set to revolutionize the game in India!
With state-of-the-art courts, premium paddles, and an easy online booking system, Goodland is creating a top-tier experience for pickleball lovers. But to take this vision to the next level, they stepped onto the Shark Tank India stage with a bold pitch!
💰 The Ask: ₹80 Lakhs for 4% Equity (Valuation: ₹20 Crore)
🦈 Shark(s) Invested: Aman Gupta
🤝 The Deal: ₹80 Lakhs for 6% Equity + 0.5% Royalty (until ₹80 Lakhs is recouped)
📌 Conditions: Founder Hemant must spend 6 months in India annually & the club must be built within 2 months
🔥 Revised Valuation: ₹5 Crore
From a ₹20 Crore ask to a ₹5 Crore deal, the negotiation was intense, but it’s a huge win for the startup ecosystem and for India's growing sports-tech industry!
What do you think? Will pickleball become India’s next big sport? 🤔 Let’s discuss!
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