Chaitanya Malhotra, owner of Chaitanya Malhotra Kalakaram, aims to revive contemporary art and crafts by promoting Mandala Art among children aged 4-14 through partnerships with Shark Namita, Piyush, and Anupam.
Source: Fulmino Fan
Chaitanya Malhotra Biography: The proprietor of Chaitanya Malhotra Kalakaram captivates investors with his crystal-clear vision and impressive sales track record. Kalakaram is a venue that gives contemporary art and crafts a renewed existence and vision. Chaitanya returns to enliven the often tedious subject of arts and crafts. To popularize ideas such as Mandala Art among children aged 4 to 14, the proprietor of Kalakaram strikes a partnership with Shark Namita, Piyush, and Anupam.
| Name | Chaitanya Malhotra |
| Gender | Male |
| Age | Approx 30 Years old |
| Profession | Entrepreneur |
| Known As | Founder of Kalakaram |
| Shark Tank Offer | Rs. 60 Lakhs for 6% equity |
| Deal With | Shark Namita, CEO of Emcure Pharmaceutical, Shark Piyush Bansal, Co-founder and CEO of Lenskart, and Shark Anupam Mittal, Founder and CEO of Shaadi.com. |
| Marital Status | Married |
| Nationality | Indian |
Chaitanya Malhotra is the founder of the imaginative play company Kalakaram. The place of his residence in Delhi, India. Having established an arts and crafts wholesale business in Sadar Bazaar, Delhi, Chaitanya’s patriarch rose to prominence in the industry. Father of Chaitanya, Ram Nath Malhotra, developed a profound passion for the enterprise that later became the heritage of his family. Additionally, Kamal Malhotra, the father of Chaitanya, continued the family enterprise. Chaitanya was astounded by the potential that arts and crafts offered. He devoted time to enlarging it.
Chaitanya enhanced the product’s ingenuity and aesthetic appeal. Seven years of research were devoted to the development of these magnificent products. Kalakaram’s products are presently available on 350+ offline stores, Amazon, and Flipkart. 10% of the company’s transactions occur online, while 90% occur offline. It is an entirely bootstrapped enterprise in which he and his father each hold a 50/50 stake.
The proprietor of Kalakaram aspires to facilitate the company’s expansion into additional toy categories. He aspires to establish Art & Craft cafés in various locations, where patrons can not only enjoy refreshments but also engage in craft activities. The notion of Mandala Art is gaining widespread recognition throughout India. Additionally, they offer the Mandala Art variant to their clientele. He undertook the entirety of the product design work independently, as designing ranks as his secondary passion, following his spouse.
After Chaitanya describes his wife as his first passion, Chaitanya Malhotra’s spouse becomes a subject of discourse among Shark Tank enthusiasts. As much as possible is revealed regarding Chaitanya Malhotra’s spouse. Chaitanya made no mention of the identity of his spouse. He is an extremely private individual who rarely discusses his life. The majority of his social media usage is professional. Chaitanya maintains a personal Instagram account, while his spouse does not use the platform. She prefers to maintain a private existence. Chaitanya and his spouse have an additional canine named Chip Malhotra. Regularly, they post photos of their dog to Chip’s official Instagram account.
The proprietor of Kalakaram appeared on Episode 6 of Season 3 of Shark Tank. He introduced Kalakaram and requested Rs. 20 lakhs in exchange for 2.5% equity for Rs. 20 crore. His endeavors were appreciated by every shark. Separately, Shark Namita and Piyush presented him with an offer of Rs. 50 lakhs for 5% equity at a valuation of 10 crores. Shark Anupam and Aman each made him an offer of Rs. 50 lakh in exchange for 4% equity at a valuation of 12.5 crores.
The proprietor of Kalakaram desired to accommodate all sharks. Shark Namita, Anupam, and Piyush revised their valuation to Rs. 10 Crores for a combined offer of Rs. 60 Lakhs for 6%. Shark Aman made an identical proposition to each individual. The Kalakaram founder’s agreement involved Shark Namita, Piyush Bansal, and Anupam Mittal, CEOs of Emcure Pharmaceutical, Lenskart, and Shaadi.com.
Chaitanya Malhotra is available on LinkedIn as @chaitanyamalhotra.
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