Gujarat, Ahmedabad 23 February 2025: In the sector of fine jewellery, a new name is making waves -Palmonas. Founded by Pallavi Mohadikar and Dr. Amol Patwari in 2022, the brand is on a mission to redefine India’s jewellery landscape, one piece at a time. With a vision to craft exquisite, high-quality pieces that are both affordable and durable, the brand quickly gained traction. Shortly after its launch, actor Shraddha Kapoor, one of its first customers, joined as a Co-Founder.
Stepping onto the Shark Tank India4 stage, Pallavi and Dr. Amol exuded confidence and passion. Pallavi said, “Being on Shark Tank India 4 was an unforgettable experience. We’re thrilled to present our unique jewellery pieces and share our vision with the sharks. We believe our designs have the power to disrupt the industry and leave a lasting impact.”
The sharks were impressed by the brand’s vision and the founders’ conviction, but they didn’t hold back on tough questions. Kunal Bahl raised concerns about the durability of Palmonas’ gold plating, a crucial factor in customer satisfaction. Pallavi and Dr. Amol, prepared for the scrutiny, confidently addressed his concerns, highlighting their commitment to quality and innovation.
The stakes grew higher as the founders made their ask 1.26 crore for 1% equity. The sharks were intrigued, leading to an intense discussion. As deliberations continued, the sharks admired the customized jewellery pieces the founders had gifted them. The passion and belief behind Palmonas were undeniable, but would it be enough to close the deal? The answer awaits on the episode of Shark Tank India.
Watch the episode at 8 PM today only on Sony LIV!