Eri Weave is dedicated to promoting sustainable livelihoods through the crafting of organic-dyed eri silk yarn and handwoven fabric. By utilizing locally sourced eri silk cocoons, Eri Weave blends tradition, sustainability, and style to create authentic handwoven Eri silk products crafted by the women of Meghalaya. Eri Weave Shark Tank India Season 4 Pitch secured a valuable investment, helping them expand their mission of sustainable fashion.
Know about Eri Weave
Eri Weave specializes in eco-friendly and handwoven Eri silk products, offering:
- Authentic Eri Silk: Naturally dyed and handwoven by skilled artisans.
- Sustainable & Ethical Production: Supports local communities and promotes eco-friendly fashion.
- Traditional Craftsmanship: Merging heritage with contemporary design.
Eri Weave mission is to empower local artisans while providing the world with ethically crafted, high-quality silk products.
You can also check the NearBook Shark Tank India Season 4 pitch.
Eri Weave Shark Tank India Season 4 Pitch
On Shark Tank India Season 4, the founders of Eri Weave highlighted their commitment to sustainability and traditional craftsmanship. Their business model, which focuses on community-driven textile production, resonated strongly with the Sharks.
Investment Details
| Company | Eri Weave |
| Founders | Laishah Rymbai, Lebaini Rymbai |
| Website | https://eriweave.in/ |
| Season | Shark Tank India Season 4 |
| Original Ask | ₹ 20 Lakhs for 12% Equity at a ₹1.67 Crore Valuation |
| Investment Secured | Yes |
| Deal | ₹ 20 Lakhs for 12% Equity |
| Investor | Namita Thapar, Anupam Mittal |
Eri Weave Winning Moment
Namita Thapar and Anupam Mittal saw Eri Weave’s potential in the sustainable fashion industry and invested ₹ 20 Lakhs for 12% equity. This investment will help Eri Weave expand production, enhance branding, and reach a wider market.
Why Eri Weave Stands Out
- Eco-Friendly & Sustainable: Focuses on organic, naturally dyed silk with zero synthetic materials.
- Empowering Local Communities: Supports women artisans in Meghalaya by providing them with sustainable livelihoods.
- Authentic Handwoven Silk: Combines traditional weaving techniques with modern fashion sensibilities.
What’s Next for Eri Weave?
With investment from Namita Thapar and Anupam Mittal, Eri Weave plans to:
- Expand its product range to include more handcrafted silk textiles.
- Strengthen its online and offline presence to reach global markets.
- Increase awareness of sustainable silk through marketing and educational initiatives.
FAQs
What products does Eri Weave offer?
Eri Weave specializes in organic-dyed, handwoven Eri silk yarn and fabric crafted by artisans in Meghalaya.
Who invested in Eri Weave on Shark Tank India?
Namita Thapar and Anupam Mittal invested ₹ 20 Lakhs for 12% equity during Shark Tank India Season 4.
How much funding did Eri Weave originally ask for?
The founders initially asked for ₹ 20 Lakhs in exchange for 12% equity at a valuation of ₹1.67 Crore.
What makes Eri Weave unique?
Eri Weave stands out for its sustainable, ethical, and eco-friendly approach to silk production, supporting local artisans and preserving traditional weaving techniques.
