Chaitanya Malhotra Kalakaram founder wins the hearts of the sharks with his super clear vision and sales record. Kalakaram is a platform giving a new meaning and existence to art & crafts in this modern world. Where many people find arts and crafts a boring subject Chaitanya is back to make it interesting. Introducing concepts like Mandala Art to the younger generation between 4 years to 14 years old, Kalakaram founder makes a deal with Shark Namita, Piyush, and Anupam. 

Who Is Chaitanya Malhotra Kalakaram Founder? Age, Wiki Bio, Career, Family, And Success Story:

Chaitanya Malhotra is the founder of Kalakaram, a toy company with some creativity. He resides in Delhi, India. Chaitanya’s grandfather started a business in arts and crafts as a wholesale shop in Sadar Bazaar, Delhi, and reached the top of the field. Chaitanya’s grandfather Ram Nath Malhotra had an immense interest in the business which became their family’s legacy. Further Chaitanya’s father, Kamal Malhotra did the same and carried their family business ahead. Chaitanya was impressed with the possibilities in arts and crafts. He spent time building it bigger. 

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 introduced more creativity and designs in the product. He did research for up to 7 years to create these masterpiece products. Today, Kalakaram’s products are available on Amazon, Flipkart, and 350+ offline stores. The company has 90% of its business offline and 10% online. It is a purely bootstrapped company with a 50-50 stake of him and his father.

Kalakaram’s founder dreams of making the company expand wider in other toy categories as well. He has a vision to open Art & Craft cafes at different places where people can have some refreshments and craft work as well. The concept of Mandala Art is becoming popular all over India. They also provide the Mandala Art variety to the customers. He did all the designing work on the products by himself because designing is his second love after his wife.

Kalakaram Founder Chaitanya Malhotra Wife:

Chaitanya Malhotra’s wife becomes a topic of discussion among the Shark Tank fans after Chaitanya mentions his wife to be his first love. Everyone is curious to know more about Chaitanya Malhotra’s wife. Chaitanya did not mention his wife’s name. He is a private person and does not share much about his life. He prefers using social media mostly for work. Chaitanya has a private account on Instagram and his wife is not on Instagram. She prefers to keep her life private. Chaitanya and his wife also have a dog by the name Chip Malhotra. They often share pictures with their dog on Chip’s official Instagram account. 

Kalakaram Shark Tank Success Story:

Kalakaram founder gave an appearance at Shark Tank Season 3 Episode 6. He presented Kalakaram and asked for Rs. 20 Lakhs for 2.5% equity at the valuation of Rs. 20 crore. All the sharks appreciated his efforts. Shark Namita and Piyush gave him an offer for Rs. 50 lakhs for 5% equity at 10 Crore valuation separately. Shark Anupam and Aman gave him an offer for Rs. 50 Lakh for 4% equity at 12.5 Crore valuation separately.

Kalakaram’s founder wanted to have all sharks in. Shark Namita, Anupam, and Piyush changed to a combined offer for Rs. 60 Lakhs for 6% at a 10 Crore valuation. Shark Aman gave this same offer individually. Kalakaram founder made the 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.

Kalakaram Revenue:

Kalakaram is a profitable bootstrapped business. The company makes crafts-based toys for children from 4 years to 14 years of age. Their products are available at 350+ offline stores. Kalakaram was incorporated in March 2022 and entered the market in August 2022. The company had the following revenue since its incorporation:

2022-23 Rs. 1.5 Crore
2023-24 Rs. 5 Crore (expected)

Kalakaram is available on Instagram with username @kalakaram_official. Keep reading with charchatimes for more information.