Shark Tank India Meets Pickleball: Two cousins took the stage on Shark Tank India, confident that their pickleball business, Goodland, was on the rise. In just nine months, the startup had earned nearly Rs 2 crore in revenue, with an ambitious projection of Rs 50 crore in the next two years. Seeking Rs 80 lakh for 4% equity, they valued the company at Rs 20 crore.
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Rapid Growth in India’s Emerging Market
Pickleball, a fast-growing racket sport, is gaining traction in India, and Goodland is capitalizing on its popularity. The founders believe the sport has immense potential, with increasing demand for quality equipment and training. Their pitch highlighted the startup’s impressive early success, pointing to strong revenue figures and a growing customer base.
To introduce the game to investors, the founders invited Shark Tank judges Anupam Mittal and Aman Gupta for a quick match. Aman won but admitted his love for padel, another emerging racket sport. The moment showcased pickleball’s fun, competitive nature and its potential to engage new players.
Expert Insights and Market Potential
Industry experts note that pickleball’s appeal lies in its accessibility and fast-paced gameplay. “The sport is easy to pick up, making it perfect for all age groups,” said a sports analyst. The market for pickleball equipment, coaching, and tournaments is expanding, positioning Goodland for significant growth.
Goodland’s revenue and projections reflect a growing demand. However, investors will likely analyze whether the company can sustain its momentum in an evolving market.
What’s Next for Goodland?
The startup’s ambitious plans include expanding product lines, increasing distribution, and promoting pickleball awareness in India. With the sport gaining global recognition, Goodland aims to be a leading player in the Indian market. Whether it secures investment or not, its journey highlights pickleball’s growing footprint in the country.
News in Brief: Shark Tank India Meets Pickleball
Pickleball startup Goodland made a strong pitch on Shark Tank India, showcasing rapid growth and high revenue. The founders projected Rs 50 crore in two years and introduced the sport to investors. With pickleball’s rising popularity in India, Goodland’s future looks promising in the growing market.
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