



Home, Kitchen & Lifestyle • Season 3 • Episode 1
The home Hones company
Starts From - ₹250
Where to Buy
Sharks Invested
Product Details
Entrepreneur Background
Mayank Pratap Sisodiya is from Dhampur, UP. Educational journey: Intermediate in Dhampur, graduation from Punjab University, MBA from Jaipuria Institute of Management, Lucknow. During his sales days at Unilever, Mayank Sisodia worked in the department dealing in home essentials products like liquid detergent and cleaners and felt concerned about the plastic bottling used for packaging. Passionate about sustainability, he eventually launched The Company, which makes green and healthy household essentials like powder-to-liquid kitchen and floor cleaners, food wrappers and personal hygiene items like tissue paper, napkins etc, all delivered in recycled, plastic-free packaging. Mayank holds 80% equity in the brand with his three founding friends holding the remaining 20%. His 10+ years of FMCG experience — spanning Parle, HUL, and Kapiva — gave him precise knowledge of the home cleaning products supply chain, consumer behaviour, distribution channels, and pricing dynamics.
The Product / Service
The Honest Home Company makes plastic-free, eco-friendly, and affordable household essentials — most distinctively a powder-to-liquid floor cleaner and dishwash system where consumers add the powder to water to prepare the cleaning product at home, eliminating the plastic bottle entirely. The format reduces per-litre cost from ₹225 (conventional) to ₹70, while eliminating packaging plastic and reducing shipping weight and carbon footprint. Honest Home Company makes plastic-free products for everyday use, like floor cleaners, dishwashers, hand wash, tissue paper, kitchen towels, facial tissue paper, and food wrapping paper.
The Ask
Amount Asked: ₹1 crore Equity Offered: 2% Implied Pre-Money Valuation: ₹50 crore
Pitch Presentation
Mayank opened Season 3's first episode with a live product demonstration — mixing the Honest Home floor cleaner powder with water in front of the Sharks, showing the transformation from powder to ready-to-use cleaning liquid in seconds. The cost comparison was made viscerally clear: the same cleaning power for ₹70 per litre versus ₹225 for conventional products. He shared his personal founding story with disarming honesty — acknowledging that he had been rejected by 80+ VCs, that people had taunted him as "just a sales guy" who couldn't build a brand, and that his experience at HUL had shown him exactly how the plastic packaging problem in home care was created and perpetuated. The emotional candour (the pitch was referenced as the "honest pitch" on social media) created genuine warmth in the room.
Sharks' Reactions & Criticism
Aman loved the packaging and branding done by The Honest Home Company. Amit Jain asked about his unit economics and how he prices his products for offline and online markets. Namita Thapar was not that impressed by the business process and as per her, the business is not scalable enough. Vineeta Singh liked his execution and gave the first investment offer. After Vineeta's offer, Amit Jain, Anupam Mittal, and Aman Gupta too gave their offers and even wanted to come together. As Amit Jain wanted to go solo, Mayank had two choices, either to take Amit Jain's offer or go with a deal that had Anupam Mittal, Vineeta Singh, and Aman Gupta. Namita's scalability concern — the most substantive critique — targeted the challenge of building a mass-market share in a category dominated by HUL (Domex, Vim) and Reckitt (Harpic, Dettol) with enormous marketing budgets and established retail distribution.
Negotiation & Offers
Vineeta Singh made the first offer, impressed by the execution quality and the cost innovation. Amit Jain, Anupam Mittal, and Aman Gupta subsequently made their own offers and considered joining together. However, Amit Jain preferred to invest solo and made a competing standalone offer. Mayank faced a choice between a multi-Shark coalition (Anupam + Vineeta + Aman) and Amit Jain's solo deal.
Final Verdict
Mayank Sisodia accepted Amit Jain's solo offer of ₹1 crore for 3% equity plus a 1% royalty on revenue until ₹1.5 crore is recouped — at an implied company valuation of ₹33.33 crore. He chose Amit's solo deal over the multi-Shark coalition, likely calculating that Amit Jain's CarDekho and InsuranceDekho distribution infrastructure and single-investor decision-making clarity was preferable to a coalition dynamic.
