Mudgar Club, a Dehradun-based fitness equipment startup, made a compelling appearance on Shark Tank India Season 4. The company has modernized the traditional Indian exercise equipment “Mudgar” for contemporary fitness enthusiasts, successfully bridging ancient wellness practices with modern workout routines.
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The Shark Tank India Pitch
Initial Offer
- Amount Sought: ₹50 Lakhs
- Equity Offered: 10%
- Proposed Valuation: ₹5 Cr
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Final Deal
- Investment Secured: ₹50 Lakhs
- Equity Given: 12.5%
- Final Valuation: ₹4 Cr
- Investing Shark: Ritesh Agarwal
What is Mudgar Club?
Founded by brothers Anjit Suhag and Sanjeet Suhag, Mudgar Club specializes in crafting high-quality wooden mudgars (traditional Indian club bells). Their products offer:
- Premium wood construction
- Various weight options
- Traditional workout techniques
- Modern fitness applications
- Durability and authentic design
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Company Profile
Company Name | Mudgar Club |
Founded | 2022 |
Founders | Anjit Suhag & Sanjeet Suhag |
Headquarters | Dehradun, Uttarakhand |
Industry | Wellness and Fitness Services |
Initial Ask | ₹50 Lakhs for 10% equity |
Final Valuation | ₹4 Cr |
Deal Secured | Yes |
Product Features and Benefits
Physical Benefits
- Builds strength and endurance
- Improves flexibility
- Enhances coordination
- Develops functional fitness
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Cultural Significance
- Preserves traditional Indian exercise methods
- Connects users to ancient fitness practices
- Promotes holistic wellness
- Combines mental and physical training
Business Growth Strategy
Current Focus
- Product quality enhancement
- Market expansion
- Brand awareness
- Online presence development
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Future Plans
- Expanded product line
- Fitness training programs
- Digital content creation
- Pan-India distribution
Impact of Shark Tank Deal
The partnership with Ritesh Agarwal is expected to provide:
- Strategic business guidance
- Market expansion opportunities
- Brand visibility
- Operational expertise
- Growth acceleration
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Unique Selling Propositions
- Authentic traditional equipment
- High-quality craftsmanship
- Suitable for all fitness levels
- Blend of tradition and modern fitness
- Sustainable materials
Conclusion
Mudgar Club’s successful pitch on Shark Tank India Season 4 marks a significant milestone in their journey to modernize traditional Indian fitness equipment. With Ritesh Agarwal’s investment and mentorship, the company is well-positioned to expand its reach and impact in the fitness industry while preserving India’s rich fitness heritage.
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FAQs
Who are the founders of Mudgar Club?
Anjit Suhag & Sanjeet Suhag.
Where is the headquarters of Mudgar Club?
Dehradun, Uttarakhand.