In the field of fine jewelery, a new name is making waves – Palmonus. established by Pallavi Mohadikar And Dr. Amol patwari In 2022, the brand is on a mission to redefine India’s jewelery landscape, a piece at a time. The best, high quality pieces with a vision for crafts that are both inexpensive and durable, the brand quickly received traction. Shortly after its launch, actor Shraddha Kapoor joined as a co-founder, one of the first customers.
The shark was influenced by the vision of the brand and the strong belief of the founders, but did not put back on difficult questions.
The stakes increased as the founders asked 1.26 crore for 1% equity. The shark was discussed in depth, which led to a thorough discussion. As the discussion continued, the shark praised the pieces of customized jewelery, which was gifted to him by the founders. The passion and belief behind the Palmonus was undisputed.
Pallavi shared that Shraddha is promoting the brand at a program. Namita asked about the equity share, shared that Shraddha Kapoor shared 26% equity. Pallavi and Amol share their educational and professional backgrounds. She has earlier launched her saree brand Karagiri. However, the brand was later acquired by an accelerator.
Ritesh asks who assured who has left the doctor’s job and to join the sari brand. Amol shared that he wanted to be a part of Pallavi’s journey and chose to quit his job. Both shared their journey on making
Vinita and Namita love design. Namita wears earrings and Pallavi details about value points and branding. Both their unit then gives a detailed observation of economics, profits and disadvantages. Aman asks why they want an evaluation of ₹ 126 crore.
Vinita asked how she received reverence in Sardarda, Pallavi said, “We saw Shraddha wearing our brand and she also commented. I checked the customer’s list and Shraddha ordered Shraddha in the name of S Kapoor. Made a reel with the details and tagged it.
Namita was all influenced by Pallavi and offered Restion 1.26CR on 1% equity with 1% sales. Kunal then asks how he gives a lifetime warranty on his jewelery. Pallavi understands how his warranty works. Vinita says, “When they will know that the customer has been shouted, how will they react? It will ruin the brand.”
Pallavi revealed that he was plotting again for free. Vinita then asks if they add cost to gross margin. Palvi then explains the gross margin in the unit economics. Vinita then expresses concern over the cost. Aman asks what his super power is, is it design, marketing, price, Shraddha Kapoor or him.
Kunal is influenced by Pallavi, but his issue with his brand is that he is in a pushed stage. He again came back. Provides peace, for 3 40 lakh 3% and 3 years comfortable debt at 12% interest. Aman again made it 2%. Namita changes her royalty 0.5%. The pitches refuse to give royalty and explain why they do not want to give. Namita interacts further and sealing the deal. Aman and Ritesh were highly influenced by Namita’s talks skills. Aman calls him ‘real shark’.
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