Tripole Gears, a Ghaziabad-based outdoor equipment manufacturer, made waves on Shark Tank India Season 4 with their affordable hiking and adventure gear. Founded by Rohan Khanduja, the company has established itself as a significant player in India’s outdoor equipment market.
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Table of Contents
Company Overview
Since 2017, Tripole Gears has been manufacturing high-quality outdoor equipment, focusing on backpacks, sleeping bags, and rucksack bags. The company’s commitment to strength, utility, and comfort has made them a preferred choice among hiking enthusiasts.
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The Pitch
The founder entered the Shark Tank India Season 4 seeking:
- Investment Amount: ₹1 Crore
- Equity Offered: 1%
- Initial Valuation: ₹100 Crore
Key Company Details
| Company Name | Tripole Gears |
| Founder | Rohan Khanduja |
| Location | Ghaziabad, Uttar Pradesh |
| Founded | 2017 |
| Industry | Sporting Goods Manufacturing |
| Profitability Status | Profitable |
| Investment Status | Secured |
The Sharks’ Panel
The pitch caught the attention of five prominent sharks:
- Namita Thapar
- Aman Gupta
- Kunal Bahl
- Ritesh Agarwal
- Anupam Mittal
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Final Deal
After negotiations, Tripole Gears secured a hybrid deal:
- Equity Component: ₹75 lakhs for 1.15% equity
- Debt Component: ₹25 lakhs at 9% interest for 5 years
- Final Valuation: ₹65.22 Crore
- Investing Shark: Ritesh Agarwal
Product Range
- Hiking backpacks
- Sleeping bags
- Rucksack bags
- Outdoor equipment
- Adventure gear
Tripole Gears is focused on making affordable and high-quality hiking gear accessible to outdoor enthusiasts. The brand follows a three-pillar design approach, emphasizing strength, utility, and comfort in all its products. This thoughtful approach ensures that the gear is versatile and durable, making it suitable for multi-purpose use — whether it’s hiking through rugged terrain or backpacking for extended trips.
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Business Strengths
- Affordable pricing
- Quality manufacturing
- Focus on durability
- Customer satisfaction
- Local production
Growth Strategy
With Ritesh Agarwal’s investment, the company plans to:
- Expand product range
- Enhance manufacturing capabilities
- Strengthen market presence
- Improve distribution network
- Develop new outdoor gear solutions
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Conclusion
Tripole Gears’ successful pitch on Shark Tank India Season 4 showcases the growing potential of India’s outdoor equipment market. The unique hybrid deal with Ritesh Agarwal, combining equity and debt, provides them with the capital and expertise needed to scale their operations while maintaining their commitment to affordable, quality outdoor gear.
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FAQs
Who is the founders of Tripole Gears?
Rohan Khanduja is the founders of Tripole Gears.
Did Tripole Gears get investment?
Yes, Tripole Gears got investment
