Who is Rahul Agarwal? Indian designer who bagged Rs 3 crore deal on Shark Tank USA

Indian designer Rahul Agarwal secured a USD 350,000 deal on Shark Tank USA for Polygons, his innovative foldable measuring spoons. Here's how the idea took shape.

New Delhi: An everyday kitchen gadget has helped Indian industrial designer Rahul Agarwal to bag a big deal on Shark Tank USA. His invention is a collection of foldable measuring spoons called Polygons, which can be stored in a smaller space without losing functionality.

The product impressed investors Lori Greiner and Mindy Kaling, who joined forces to offer him USD 350,000 (approximately Rs 3.32 crore) for a 10% stake in his company, including advisory equity. The deal values Polygons at USD 3.5 million, or roughly Rs 3.32 crore.

Who is Rahul Agarwal?

Rahul Agarwal is the founder of Polygons Design. His journey with the product began in 2014, when he was studying at the National Institute of Design in Ahmedabad.

At the time, a senior told him that the spoon was already a well-established design and did not need to be reinvented. Rather than accepting that view, Agarwal took it as a challenge. Within three days, he had developed the basic concept for a flat spoon that could fold into different measuring sizes.

Turning that early idea into a functional product was a much longer process. The design went through years of development, testing and manufacturing challenges before it was ready for consumers. A founder valued his water bottle company at $50 million on Shark Tank. Three years later, a water........

© News9Live