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Tramboo Sports Company Profile:Detail Overview (2019-2024)

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In this blog post about the “Tramboo Sports Company Profile,” we’ll dive into the fascinating world of Tramboo Sports .And learn all about the company, including the background of its owner, details about the investors, and insights into the company’s net worth, funding, and revenue.

Along with that we will have the detail discussion on the events that occurred with Tramboo Sports Company in Shark Tank India Season 3.

Introduction of Tramboo Sports Company:

Tramboo Sports Company logo image

Tramboo Sports, an Indian startup founded in 2019, is on a mission to revolutionize the cricket bat manufacturing industry. By crafting high-quality, lightweight, and durable bats from the esteemed Kashmir willow, the company is setting new standards in the world of cricket.

What Tramboo Sports Company Do In India?

Tramboo Sports, a Srinagar-based company founded in 2019 by brothers Hamad and Saad Tramboo, specializes in crafting premium cricket bats from authentic Kashmir willow.

With a mission to make high-quality cricket equipment more affordable and accessible, the company is dedicated to empowering players of all levels. Here are a few key things to know about Tramboo Sports:

  • Kashmir Willow Excellence: Their bats are made from the finest Kashmir willow, known for its lightweight yet durable properties, offering players superior performance on the field.
  • Affordability: Tramboo Sports is committed to providing premium cricket gear at a price point that makes the game accessible to all, from beginners to professionals.
  • Local Craftsmanship: Supporting local artisans, each bat is crafted with care in Srinagar, blending traditional techniques with modern innovation.
  • Sustainable Practices: The company emphasizes responsible sourcing and sustainable production, contributing positively to both the sport and the environment.
  • Expanding Reach: Though based in Srinagar, Tramboo Sports is quickly gaining recognition across India and beyond, aiming to equip cricket enthusiasts worldwide.

Legal Entity Tramboo Sports Bat Company:

TRAMBOO SPORTS PRIVATE LIMITED is a privately incorporated company, established on 28th May 2019. Classified as a non-government company, it is registered at the Registrar of Companies (ROC) in Jammu.

The company is based in Jammu & Kashmir. Tramboo Sports is dedicated to the manufacturing of cricket bats from Kashmir willow, striving to bring high-quality and affordable cricket equipment to the market.

Now moving on to the next part of the blog “Tramboo Sports Company Profile” where we will be talking about the visionary founder behind the creation of this company.

Tramboo Sports Founder & Owner:

Image of Tramboo Sports owner

Hamad and Saad Tramboo are the founders & Owner of Tramboo Sports, a Srinagar-based cricket bat company that specializes in crafting premium bats from Kashmir willow.

Their passion for cricket and dedication to providing high-quality, affordable equipment has led them to make waves in the industry, even securing investment from Peyush Bansal and Aman Gupta on Shark Tank India.

Details on Founder Background:

If you’re curious about the owner’s background in education and their journey before founding Tramboo Sports Industry, I recommend visiting their LinkedIn profile. You’ll find valuable insights into their educational background, professional experience, and the path that led them to establish Tramboo Sports.

LinkedIn Profile of Founder of Tramboo Sports:

Now lets move on to the next part of our blog about “Tramboo Sports Company Profile” where we will be primarily talking about one of the important financial of the company that shapes its growth that is the net worth of the company.

Tramboo Sports Net Worth:

As per the latest update from The Economic Times on January 30, 2024, Tramboo Sports’ net worth is estimated to be between Rs 7.5-9 crore, highlighting the company’s growth and success in the cricket bat manufacturing industry.

With India’s immense passion for cricket driving a surge in demand for quality equipment, Tramboo Sports is well-positioned for exponential growth.

Forecasts suggest that by the end of the financial year 2024-2025, the company could see a remarkable 100-fold increase in its net worth, valuation, and revenue, solidifying its status as a key player in the cricket bat manufacturing industry.

Having said that the Net Worth as well as the growth of any company depends on various factors some of the factors are:-

  1. Investors Tramboo Sports in India
  2. Net worth of the owner of Tramboo Sports company
  3. Total funding the company has raised
  4. Revenue of the company
  5. Valuation of Tramboo Sports
  6. Total Turnover of Tramboo Sports Company

Let’s dive deeper into the “Tramboo Sports Company Profile” and explore the essential financial aspects that shape its net worth and other financial factors. So, Let’s go and discuss them one by one.

Tramboo Sports Investors:

Investors of Tramboo Sports Image

After their appearance on Season 3 of Shark Tank India, Aman Gupta, the Co-founder and CMO of boAt, and Peyush Bansal, the Co-founder and CEO of Lenskart, have teamed up as investors in Tramboo Sports.

A promising cricket bat company hailing from Jammu and Kashmir, Tramboo Sports secured a total investment of Rs 30 Lakhs for 4% equity from Aman Gupta and Peyush Bansal.

Now that we’ve introduced the key investors driving the growth its time for us to move on to the next part of the blog about “Tramboo Sports Company Profile” where we will be talking about the total funding the company has received.

Tramboo Sports Funding:

Till now the company has only participated in one Angle round of funding raising roughly over Rs 30 Lakh for 4% Equity giving them a valuation of Rs 7.5 Crore in January 30,2024.

After receiving funding from the investors on Shark Tank Season 3, Tramboo Sports was able to double its valuation in a short time. The current valuation of the company in 2024 is estimated to be Rs 14 crore.

Moving on to the next segment of the “Tramboo Sports Company Profile”, let’s dive into the revenue generated by the company. Let’s explore how Tramboo Sports has been performing financially.

Tramboo Sports Revenue:

The revenue of a company is a vital indicator in determining its net worth, valuation, turnover, and several other key financial parameters.

As of now, the exact revenue figures for Tramboo Sports in 2024 are not available. However, before appearing on Shark Tank India, Tramboo Sports had sold approximately 30,000 units.

With an average price per bat ranging between Rs 1,500 to Rs 2,000, the company’s total revenue would be estimated to fall somewhere between Rs 4.5 Cr to Rs 6 Cr from year 2019 to 2023.

Transitioning to the next critical aspect of the “Tramboo Sports Company Profile,” let’s explore the valuation of Tramboo Sports . Valuation is a key factor in forecasting the market value of the company and understanding its financial standing.

Tramboo Sports Valuation:

Generally, the higher the valuation of a company, the stronger its other financial parameters tend to be.But it is not always true as because financial parameters depends on other parameters to.

The current valuation of Tramboo Sports for the financial year 2023-2024 is estimated to be between Rs 7.5 crore to Rs 9 crore, which is approximately $892,000 to $1.09 million USD.

Currently, Tramboo Sports is focused on just one sport, but with the diverse range of sports played across India, there are numerous opportunities for the company to expand its product line. This strategic expansion is likely to significantly enhance the company’s valuation by the end of 2025.

Now, let’s move on to the next section in the “Tramboo Sports Company Profile,” where we will discuss the net worth of the owner. While the owner’s net worth doesn’t directly impact the company’s finances, it can have an indirect effect on the company’s financial health and credibility.

Tramboo Sports Founder Net Worth:

The founder of Tramboo Sports, based in Srinagar, is estimated to have a total net worth of approximately Rs 4-5 crore as of 2024.

This estimation is primarily based on their ownership stake in the company and the company’s substantial growth trajectory over the year.

With Tramboo Sports gaining recognition, particularly after its appearance on Shark Tank India, the founder’s financial standing has seen considerable improvement, reflecting the company’s ongoing success in the cricket bat manufacturing industry.

Lets move on to the next part of the blog where we will be talking about the annual turnover of the company.

Tramboo Sports Turnover:

When it comes to the lifetime sales and turnover of Tramboo Sports, the company achieved an impressive turnover ranging from Rs 4.5 Crore to Rs 6 Crore between 2019 and 2023.

However, following the partnership with Aman Gupta and Peyush Bansal, the actual turnover for FY 2024 remains undisclosed, leaving room for speculation on how the strategic alliance may have influenced their growth.

Now moving on to the next part in “Tramboo Sports Company Profile” that include all the event that happened in shark tank and how the company was able to receive the funding. So let’s start

Tramboo Sports Shark Tank India:

Image of Tramboo Sports in Shark Tank India season 3

Tramboo Sports made an exciting appearance on Shark Tank Season 3 in January 2024. During their pitch, they showcased their cricket bats to the sharks, who were impressed with the high quality of the product and specifically appreciated how lightweight the bats were.

After the demonstration and pitch, the sharks showed interest in the founder and the company. Three of the sharks offered a deal.

Tramboo Sports Shark Tank Deal Worth:

In Shark Tank Season 3, Tramboo Sports received a single offer from Aman Gupta and Peyush Bansal, who proposed Rs 30 Lakhs for 4% equity, valuing the company at Rs 7.5 Crore.

The sharks were impressed by the quality and lightweight design of the cricket bats. Despite only one offer, the founders secured a valuable partnership with two prominent investors.

Now its time for us to move on to the last part of the blog where we will be talking about the most asked FAQ question.

FAQ question related to Tramboo Sports Company Profile:

What was tramboo sports shark tank deal worth?

Tramboo Sports secured a Shark Tank deal worth Rs 30 Lakh for 4% equity, with the investment coming from Aman Gupta and Peyush Bansal.

What was tramboo sports investors in India?

Aman Gupta and Peyush Bansal was the only investors who invested in tramboo sports company.

What was tramboo sports founded in India?

Tramboo Sports company was founded and established in the year 2019 with the aim of producing good quality Cricket bats.

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