Tue Mar 17, 2026 | Updated 01:58 PM IST
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'We Didn’t Pitch an Idea, We Built a Craft Economy': How Yosha Gupta Locked a Rare 4-Shark Deal on Shark Tank

MeMeraki founder Yosha Gupta secured a rare four-Shark deal on ‘Shark Tank India’, building a ₹25 crore culture-tech platform that has paid over ₹7 crore directly to traditional Indian artisans. Here's how she did it.
Editorial
Updated:- 2026-03-02, 16:34 IST

When Yosha Gupta walked onto the ‘Shark Tank India’ stage, she wasn't selling a dream. She was presenting five years of quietly built infrastructure, artist relationships, enterprise contracts, global distribution, and ₹7 crore paid directly to India's traditional artisans. The Sharks noticed, and all four decided to invest.

This is part of our 'FounderHer' series, where we spotlight inspiring women entrepreneurs and their unique journeys. If you are a woman founder, apply for our flagship 'Womenpreneur Awards' 2026 and 'Nomination Form Here'.

From Madhubani Walls to a Global Platform: The Origin Story

Yosha's path to building India's largest culture-tech platform was not a sudden pivot; it was a homecoming. Growing up in Aligarh, she watched her mother invite Madhubani artists home to paint their walls. Even as a child, she felt an instinctive protectiveness over those artists.

"As a child, I felt protective of the artists and once insisted she pay more during a negotiation because I felt strongly that the work deserved full value," she recalls.

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That instinct never left her. After more than two decades working with the World Bank Group, IFC, the Gates Foundation, and IDEO across Asia Pacific, building systems around financial inclusion and digital access, she turned that expertise toward a gap she could no longer ignore. Skilled, dedicated artisans with generational knowledge were still at the mercy of tourism cycles, seasonal exhibitions, and exploitative intermediaries, but stability remained elusive.

"MeMeraki emerged from that convergence. It felt like bringing together everything I had learned with everything I had valued since childhood," she stated.

Founded in 2019, MeMeraki now connects over 500 master artisans across 300+ traditional Indian art forms to customers in 40+ countries, offering 10,000+ handcrafted products and enterprise installations for clients including Google, Adobe, Hyundai, GMR Hyderabad Airport, and the Ministry of Culture.

Shark Tank India: Why Four Sharks Said Yes

Securing investment from a single Shark is competitive. Getting all four, Varun Alagh, Namita Thapar, Kunal Bahl, and Viraj Bahl, is almost unheard of. MeMeraki walked away with ₹1 crore for 4% equity, valuing the company at ₹25 crore.

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Yosha puts it plainly: "When we entered Shark Tank, we were able to present a functioning ecosystem rather than an idea. The numbers reflected steady growth. The payouts to artists reflected commitment. The enterprise partnerships reflected credibility."

For years, India's craft economy had existed at two dysfunctional extremes: bargain bazaars that eroded value and galleries that captured the margin while artists received a fraction. MeMeraki built the infrastructure in between: fair pricing, transparent logistics, digital discovery, and long-term artist relationships. The Sharks, she believes, recognised both the structural gap and the discipline behind filling it.

The investment follows prior backing from Suzuki-backed Next Bharat Ventures and will be deployed to scale tech infrastructure, deepen enterprise partnerships, and expand the artisan community further.

‘Something Changes Beyond Income’- Building for Women Artisans

MeMeraki's mission is inseparable from gender. Across India's craft communities, it is women who predominantly hold the technique, the patience, and the living continuity of tradition. Yet their labour has rarely been met with visibility or fair compensation.

Yosha describes a quiet but powerful shift she has witnessed repeatedly on the platform: "There have been moments where a woman artist hesitated to put her own name on a finished work. Encouraging that shift from hesitation to ownership has been deeply meaningful. When a woman signs her name confidently, teaches a workshop to a global audience, or negotiates her pricing with clarity, something changes beyond income."

This intentionality runs through every layer of MeMeraki's onboarding process. Before any digital listing or pricing structure is introduced, the team spends time observing how an artist works, how they describe their practice, and what aspects of their tradition matter most to them. The platform, she is clear, is designed to support individuality, not standardise it.

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₹7 Crore and Counting: What It Has Actually Changed

Numbers tell part of the story. The bigger change, Yosha explains, is consistency. Artists who once depended on unpredictable seasonal income now have structured orders, workshop bookings, and commissioned projects throughout the year. That regularity allows them to invest in better materials, take on apprentices, and keep practising their craft full-time.

The ripple effects go further. When artists see their work installed at airports or discussed in a serious national business setting, their professional identity shifts. Families and younger community members begin to see craft as a viable, respected career, not a fallback.

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Ahead of the Curve on Maximalism

As global design trends swing back from sterile minimalism toward richness, texture, and personal narrative, MeMeraki is well-positioned. But Yosha is careful to distinguish between riding a trend and having always believed in a principle.

"The broader design shift has made audiences more ready for it," she says, "but the core belief remains the same: meaningful spaces are built with stories, not just surfaces."

Indian art, inherently symbolic, colourful, and rooted in mythology and community memory, was always maximal. The world has simply caught up.

Her Advice to Women Still Waiting for the Right Moment

For women holding back on a business idea, waiting for perfect conditions or external permission, Yosha's message is direct: "Clarity came from doing the work, not from overthinking it. Taking the first step creates direction, and direction builds confidence."

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She speaks from the kind of experience that cannot be taught in a classroom. A Master's in Finance from HKUST, an MBA from MDI Gurgaon, and a decade-plus of global institution work form her foundation. But it is the willingness to return to India, build from scratch, and stay committed through uncertainty that defines MeMeraki.

Recognised among the Top 100 Women in FinTech, honoured with the Pupul Jayakar Award for Craft Entrepreneurship at Sangoshti 2025, and awarded the She the People Digital Women Award (Impact) 2025, Yosha Gupta is not building a heritage business as a passion project. She is building a craft economy, and the Sharks, along with 500 artisans across India, are proof that it is working.

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Keep reading Herzindagi for more such stories.

Image Courtesy: Instagram

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