These days, everyone has intentions to start a new business, which is why India is witnessing a daily rise in the number of startups. An further element contributing to the surge in startups in India is the heavy promotion of startups by the current administration.
Aside from this, the Shark Tank India television series is inspiring a lot of fresh people to start their own businesses. Numerous new ventures are emerging in India, many of which the general public may not even be aware of. In this context, we tell you the story of a company whose founder earns ₹ 2 crores a month from the sale of luxury undergarments alone.
We are talking about the Bummer Startup, which Sulay Lavsi started and is growing rapidly in the present day. Now let’s discover this Bummer Success Story for today.
Sell Fancy Underwear!
In 2020, Sulay Lavsi established the Bummer firm in Ahmedabad, Gujarat, with the goal of developing a collection of cozy underwear. Sulay had studied apparel and fashion at the California School and had worked for several fashion firms before coming up with the concept to launch the Comfy Underwear line.
He had the idea to make somewhat different and stylish underwear so that young people like himself might wear something unique. That’s why he started the Bummer brand.
These are their products
Sulay created Bummer mainly to develop and sell an array of undergarments; hence, each and every pair of underwear his company makes is conspicuous.
He started making underwear with distinctive colors and patterns instead of plain underwear, and the sales result was also quite good. The positive results were a result of Boomer’s innovative efforts in the underwear industry.
People saw it in Shark Tank India
It’s also critical that we note that Sulay was granted a spot on Shark Tank India, the popular business show in India. As shown in Shark Tank India Season 1, he grabbed the chance. During that season, Sulay had asked for funding of Rs 75 lakh for his Bummer business.
Shark Tank India judges Aman Gupta and Namita Thapar recognized Sulay’s potential and gave him a Rs 75 lakh loan. They also started working for Bummer.
Today he is earning Rs 2 crore per month.
When Sulay Lavsi started Bummer, he was earning Rs 60 lakh a year. However, after being on Shark Tank India, the business grew even faster, and by the end of 2023, or this year, it was making Rs 60 lakh. In sales, he has earned eleven crore rupees.
Sulay and Bummer now earn a combined monthly salary of Rs 2 crore as a result. Sulay also expanded Bummer’s product line to include a wide range of items like t-shirts, shorts, pajamas, and more. It wasn’t simply underwear that made me sad. Boomer is currently progressing even faster as a result.
Bummer Success Story Overview
|Bummer Success Story
|Wow Momos Revenue (FY 2023)
We hope that this article has provided you with some knowledge about Bummer Success Story. Please continue to visit our website to learn more about other startups that are similar to these.
FAQ: Bummer Success Story
Q : Who is Bummer’s founder?
Ans : Sulay Lavsi is the creator of the Bummer firm.
Q : What was Bummer’s revenue in 2023?
Ans : Thus far in 2023, Bummer has generated over Rs 11 crore in income.