Mayank Sisodia, founder of The Honest Home Company, is pitching for Rs. 1 Crore in exchange for 2% equity in Season 3 of Shark Tank.
Source: Startups and entrepreneurs
Mayank Sisodia Biography: The proprietor of The Honest Home Company, Mayank Sisodia, manufactures plastic-free domestic and personal hygiene products to contribute to a plastic-free environment. The Honest Home Company, which aspires to produce products devoid of hazardous chemicals, pitches itself on Season 3 of Shark Tank with a request for Rs. 1 Crore in exchange for 2% of equity. Season three of Shark Tank has debuted with an abundance of innovative business concepts. The following article contains details regarding Mayank Sisodia’s Wiki biography, professional trajectory, accomplishments, age, education, and occupation.
| Name | Mayank Sisodia |
| Gender | Male |
| Age | approx 33 years |
| Alma Mater | DAV College, Chandigarh, and Jaipuria Institute of Management |
| Education | Bachelor’s in Computer Science and MBA in Marketing |
| Profession | Businessman |
| Known For | Founder of The Honest Home Company |
| Nationality | Indian |
| Shark Tank Deal | Rs. 1 Crore for 3% equity and 1% royalty until Rs. 1.5 Cr is recouped |
| Deal With | CEO & Co-Founder of CarDekho Group, Amit Jain |
Mayank Sisodia established The Honest Home Company as its proprietor. His place of origin is Noida, Uttar Pradesh. In 2003, Mayank graduated from Saraswati Vidhya Mandir with a degree in education. DAV College, Chandigarh was where he registered to earn a Bachelor of Science in computer science. Mayank embarked on his sales career during his postgraduate studies by enrolling in the Jaipuria Institute of Management’s MBA in marketing program.
His enthusiasm and eagerness to learn led him to Parle Products, where he held the position of sales officer for ten months. Throughout his tenure at Parle, Mayank was responsible for ensuring that the objectives were met. Mayank used to devise competitive sales strategies to improve the organization’s performance. He acquired sufficient knowledge and expertise during this ten-month period to be employed by Unilever in 2011 in the capacity of a Territory Sales officer. He attained the positions of Senior Key Account Executive and Key Account Executive during his six-year and nine-month tenure with the organization.
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Mayank is now well-versed in every technique and action required to propel a business to success. Within twelve months, he transformed the Kapiva Ayurveda company from zero to three cents. With his years of experience and sagacity, he revitalized the organization. At that time, Mayank held the position of Regional Sales Manager for the organization. In 2019, he subsequently established The Honest Home Company.
The Owner Success Journey of The Honest Home Company: The Honest Home Company established its headquarters in September 2019. Since four and a half years ago, the proprietor has been laboriously pursuing his mission. Mayank’s objective is to aid in the elimination of plastic entirely. Constantly used household products contribute significantly to plastic usage. In addition to this, it is detrimental to the health of and epidermis. It inspired the conception of The Honest Home Company, which can be followed at @thehonesthomeco on Instagram.
Season 3 of Shark Tank features a proposal by the company’s founder, Mayank Sisodia. An event at which investors solicit funding from the most prominent and well-known brands and corporations in India. He requests one crore rupees in exchange for two percent equity. The Honest Home Company and Shark reach a Rs. 1 Crore agreement in exchange for 3% equity and 1% royalty until Shark recoups Rs. 1.5 Crore. CarDekho Group’s CEO and co-founder is Amit Jain. Eighty percent of his prior funding requests were denied by venture capitalists. However, he never abandons his ambitions and strives daily to achieve his target.
His family is involved in agriculture in Dhampur, Uttar Pradesh, where Mayank Sisodia was born. Following his Computer Science graduation from Punjab University, he enrolled in the Jaipuria Institute of Management, Lucknow, for his MBA.
He subsequently obtained a position as a Sales Officer at Parle Products, where he first gained experience in the field of sales. After approximately seven years of service at Hindustan Unilever, he joined an Ayurveda venture.
As regional sales manager, he assisted the venture in establishing a distribution network channel in North India during its infancy.
Mayank believed that the Ayurveda company’s products were of high quality, but the packaging was not environmentally friendly.
His straightforward concept to substitute plastic packaging with environmentally sustainable alternatives has since grown into a company valued in the crores.
In its early stages, The Honest Home Company offered a limited range of products, including kitchen towels, food packaging paper, aluminum foil, and facial tissue.
Presently, the portfolio has experienced significant expansion, encompassing novel offerings such as floor cleansers and powder-to-liquid dishwashers.
The startup reality television program Shark Tank India recently featured The Honest Home Company, and Amit Jain, the founder of CarDekho, provided one crore rupees in funding to the company.
Mayank Sisodia is available on LinkedIn as @mayanksisodia.
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