Episode 3
Blix is a toy company that produces toys based on technology and science. The company develops learning tools that help children understand scientific concepts, robotics, coding and artificial intelligence.
They sell their toys in over 2,000 retail stores, on the website and several e-commerce platforms. More than 5,000 schools in India use learning kits to teach robotics and coding to students.
The company believes in the power of play as a potent learning tool. Their products help children understand complex scientific concepts like force, power, and voltage, and even advanced topics like robotics, coding, and artificial intelligence through interactive and engaging methods.
Business Achievements:
The Company products are available in over 2000 retail stores including Hamleys and Toys R Us, and on online platforms like Amazon, Flipkart, and First Cry.
Over 5000 schools in India use our educational kits to teach coding and robotics.
The company Toys aims to provide all children in India with equal learning opportunities, encouraging their fundamental skills and knowledge.
Blix was launched in 2016-17 under Zephyr Toys and became a separate entity in 2021. Abbas Gabajiwala owns 70% off with the remaining 30% split between my brother Moiz Gabajiwala and the company.
Zephyr helps distribute Blix toys, while School The teaching kits are sold internally. 50 percent of sales come from School training kits and the other 50 percent through Zephyr. Blix maintains a 60% gross margin on educational kits and 40% on toys. In the financial year 2022-2023, the profit will be 7 lakhs.
Financials and Ask:
This year, we are projecting revenues of 8 crores with an estimated profit of 40 lakhs to 1.2 crores.
Invested heavily in building a strong team, including experts in engineering and sales.
Zephyr Toys
Zephyr Toys‘ journey began in 1983 with humble origins but a dream to provide toys that inspire, educate, and entertain children all over India and the world. Today, that dream is a reality, and our commitment to quality and innovation is as strong as ever.
The CEO and Owner of Zephyr Toys is Zaheer Gabajiwala, The most popular products of the company is Zephyr Mechanix Toys.
The turnover range of Zephyr Toymakers Private Limited is INR 1 cr to 100 cr in the financial period ended 31.3.2023. At the same time, its book value increased by 61.30%.
Website: zephyrtoys.com
| Attribute | Details |
|---|---|
| Company Name | Blix Education Pvt. Ltd |
| Founders & CEO | Abbas Gabajiwala |
| Headquarters | Unit No.H-231, 2nd Floor,Ansa Indl Premi Coop Soc Ltd,Saki Vihar Road, Sakinaka,Andheri East – 400072, Mumbai. +91 8657984770 |
| Founded Year | 2021 |
| Business | Robotics toys |
| Profitability | profitable |
| Shark Tank Episode | Season 3 – Episode 3 |
| Asked For | ₹ 80 lakhs for 2% equity |
| Deal | ₹ 80 Lakhs for 4% Equity, Conditional Offer |
| Sharks Invested | Aman Gupta and Ritesh Agarwal |
The owner of Blix Toys
Abbas Gabajiwala was the Founder and CEO of Blix Education Pvt. Ltd., and former CTO and Head of Design at Zephyr Toymakers Pvt. Ltd.s in his family he is the third-generation toy maker. His father Mr Zaheer Gabajiwala started a toy factory, and the Mechanix brand, known for its nuts, bolts, and metal parts, inspired him to pursue engineering. Working in my father’s business for ten years, He developed a deep understanding and passion for educational toys.
Abbas Gabajiwala’s wife Miss. Fatema Khorakiwala COO of Blix Education Pvt. Ltd also has an important role in the company’s progress, In pitch in Shark Tank Abbas takes two minute brake and talk to his wife before closing the deal.
He perceived Bachelor of Engineering in Mechanical from Vishwakarma Institute of Technology. And Master of Business Administration (M.B.A) from Singapore.
Blix Mechanix Robotix kit and Educational kits and Rack and Pinion for Kids
BUY NOW
Blix Queaky It’s Magic Electric Toy
Blix Queaky is a STEM Toy and unique product, Working of Blix Queaky, When its circuit is completed, it gives off a sound. It can conduct electricity through the human body. By holding Quiki with both hands, the circuit completes through the body, demonstrating how electricity works in a fun and engaging way. Queaky is very popular between kids.
Blix Shark Tank Episode Number 3 full video watch online
Conclusion
Blix can transform education through play and provide countless children with the tools they need to succeed in the future. but some points have to be counted,
- Could you clarify the relationship and business arrangements with Zephyr to address any concerns about conflict of interest?
- Highlight the unique value proposition of Blix products and how they stand out in the market.
- Be prepared to discuss detailed financials and future growth plans.
By structuring your pitch this way, you provide a clear, engaging, and logical flow of information, making it easier for the Sharks to understand your business and its potential.
Frequently Asked Questions
Who is the CEO of Blix toys?
Abbas Gabajiwala was the Founder and CEO of Blix Education Pvt. Ltd.
What is the revenue of Blix?
The revenue is 4.68 Cr as of march 31, 2023.