What Happened To Kudos After Shark Tank?
Kudos After Shark Tank Update: Kudos is a diaper business that manufactures 100% cotton disposable diapers. This disposable diaper was created by MIT engineer Amrita Saigal. No plastic is used in Kudos diapers and it keeps baby bums completely soft.
Polypropylene and polyethylene are used in most diapers, including big brands Huggies and Pampers. The company claims that it is replacing 500 million plastic pounds through its disposable diapers.
What Is Kudos?
Kudos is a disposable diaper made from 100% pure cotton. Cotton is great for sensitive skin as it is naturally soft, hypoallergenic and free from skin irritation. The plant base materials used to manufacture Kudos diapers are cotton, sugarcane and trees. They source all their cotton from farmers in the United States. They use specially TruCotton (TM) as cotton.
In diapers, they use DoubleDry Tech. These diapers come in different sizes and designs. Cost of 216 diapers for 1 year old baby is $88. The cost of 126 diapers for a 6-year-old baby is $88, with each diaper costing $0.70.
Who Is The Founder Of Kudos?
Amrita Saigal is the founder and CEO of Kudos. She studied MBA from Harvard Business School after studying mechanical engineering from Massachusetts Institute of Technology. She has worked in various job positions for 2 years. In 2009, she launched the business “Saathi”, which makes biodegradable sanitary pads from banana tree fiber for India women.
From 2016 to 2018, she worked as the Head of Business Development & Community at Thunkable. In January 2019, it launched Kudos.
Kudos Shark Tank Update
| Company Name | Kudos | |
| Founder | Amrita Saigal | |
| Founded | 2019 | |
| Product | a natural disposable diapers | |
| Asked For | $250K for a 5% equity | |
| Final Deal | $250K for a 7% equity + 3% advisory shares | |
| Shark | Mark Cuban and Gwyneth Paltrow | |
| Episode (Shark Tank USA) | S14 E10 | |
| Air Date | Jan 6, 2023 | |
| Business Status | In Business | |
| Kudos Net Worth | $3.2M *estimated | |
| Headquarters | Los Angeles, California, United States | |
| Kudos Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also Read This: What Happened To Overplay Games In Shark Tank?
Kudos On Shark Tank Pitch
Amrita enters the shark tank wrapped in a plastic cover and asks the sharks for $250k for 5% equity. Amrita tells Shark about her premium disposable diaper product. This product was launched in the market 1 year ago and in the first year she made $850,000 in sales. All these sales have come 100% directly from the consumer.
Mark Cuban and Gwyneth Paltrow Have Team Up to Offer $250K for a 12% Equity. Amrita countered $250k for 8% equity. Amrita counters Mark and Gwyneth for $250k for 8% equity. Mark said 10% equity.
Amrita countered another $250k for a 7% equity + 3% advisory share. Mark Cuban agreed.
Kudos Net Worth
The current worth of disposable diaper business Kudos is $3.2 million. The company raised $2.4 million investment funding from 9 investors in the seed round in 2021.
The worldwide baby disposable diapers market size was $43 billion in 2020 and the industry is expected to reach $60 billion by 2031. With the increase in population in the world, the growth of this diaper industry is also increasing very fast.
Is Kudos Still In Business?
Yes, Kudos is still in business as of January 2023.
This disposable diaper business has been featured in many media publications such as Fast Company, Forbes, The Boston globe and many more.
The headquarters of this company is in Boston, Massachusetts, United States and it employs 2 to 10 people.
FAQs
Kudos was launched in 2019 by MIT graduate Amrita Saigal.
The current worth of Kudos Company is $3.2 million.
Yes, Kudos is still in business as of January 2023.
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