Gauri Nanda conceived a grand idea. She aimed to assist families in communicating without the use of screens. Children adore toys and families enjoy staying in touch. Gauri created a toy named Toymail. This was not merely a toy. It was capable of sending voice messages. Families could utilize it for back-and-forth communication. It was enjoyable and easy.
She appeared on the TV program Shark Tank to seek assistance. Gauri desired $250,000. She was prepared to relinquish 2.5% of her business for it. Will the entrepreneur get a deal on Shark Tank? Check out the Toymail update to find out!
Toymail Net Worth Shark Tank Update 2025
Gauri Nanda asked for a $250k investment in exchange for 2.5% equity in her company. This meant she valued her company at $10 million. She made a deal with Lori Greiner and Chris Sacca for $600k in exchange for 5% of her company, which valued her company at $12 million. After the show aired, Toymail saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Toymail in 2025 would have been about $19.3 million if the company were still operational. However, since Toymail shut down in 2018, its net worth is now $0.
Toymail expanded after appearing on Shark Tank. Additional toys were included in the collection. Children adored them. The toys were available for purchase both online and in retail shops. Toymail created a platform known as Toymail Cloud. It featured enjoyable applications. Children could engage in play communicate and acquire knowledge.
Toymail received support from Amazon for its growth. They marketed the toys on their website. Parents appreciated the safety features. However, there were issues as well. Toymail was unable to secure additional funding for expansion. By 2018 they were forced to shut down the business. Today, Toymail has ceased to exist. Gauri Nanda is currently developing a different product named Clocky. This is a unique alarm clock.
Yes Gauri got a deal on Shark Tank. She asked for $250,000 for 2.5% of her company. Two sharks Chris Sacca and Lori Greiner, liked her idea. They offered her $600,000 for 5% of Toymail. Gauri accepted this deal. It was a big step for Toymail.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Lori Greiner | $600,000 for 5% equity | N/A | Yes |
| Chris Sacca | $600,000 for 5% equity | N/A | Yes |
| Kevin O’Leary | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
Toymail Shark Tank pitch
Gauri Nanda aimed to find a solution to an issue. Children are spending excessive amounts of time in front of screens. Families require an enjoyable method to communicate. She considered creating a toy. This toy was capable of sending voice messages. Children could engage in play and converse securely. She launched Toymail in 2013. Audrey Hill assisted her.
They collected funds on Kickstarter. Individuals were fond of the concept. They received $83,341 to create the initial toys. However, it was challenging. Gauri encountered numerous difficulties. Creating the toys was difficult. Locating shops to market them was more difficult. Large corporations sought a portion of Toymail. This resulted in Gauri having minimal control. She put in a lot of effort to ensure her idea succeeded.
Gauri entered Shark Tank grinning. She grasped Toymail in her hands. The sharks showed curiosity. She demonstrated to them how the toy functioned. It was easy and enjoyable. Children could send messages. Families might respond via an application. She clarified the business strategy. She required $250,000 to produce additional toys. She aimed to sell them in large retail outlets.
The sharks inquired about numerous things. A few enjoyed the toy. Some believed it was excessively expensive. Gauri demonstrated evidence that her concept was effective. Major companies such as Amazon had previously invested in her business. This caused some sharks to feel anxious. They thought there wasn’t sufficient equity to distribute. Gauri remained composed. She responded to every inquiry. Ultimately she secured a deal.
The sharks possessed numerous inquiries. Mark Cuban inquired about the application. He was curious about how it functioned. Lori Greiner adored the charming patterns. She was curious if the children enjoyed them as well. Robert Herjavec inquired why Gauri was relinquishing so little equity. Kevin O’Leary was curious about the expenses involved in producing the toys.
He inquired about profit margins. Chris Sacca inquired about the toy’s safety. He was curious if parents could rely on it. Gauri responded to each inquiry. She stated that the toys had Wi-Fi capability. Parents were able to manage everything via the app. Children were allowed to communicate only with those approved by their parents. This helped improve the sharks’ mood. Yet, some remained uncertain.
Every shark reacted differently. Mark Cuban appreciated the concept but chose not to invest. He believed the company’s worth was excessively high. Robert Herjavec also declined. He believed there wasn’t sufficient equity to distribute. Kevin O’Leary appreciated the toy but declined. He believed it wouldn’t generate sufficient profit. Lori Greiner adored the toy. She aimed to invest.
Chris Sacca found it appealing as well. He was the one to make the first offer. He stated he would offer $400,000 for 5%. Lori wished to accompany him. Chris increased the offer to $600,000 for a 5% stake. Gauri agreed to the arrangement. She felt pleased with the outcome.
What Went Wrong With Toymail On Shark Tank?
Not every shark was fond of the arrangement. Robert Herjavec and Kevin O’Leary expressed worries. They believed the firm’s worth was excessive. This indicated they would not receive sufficient value for their money. Mark Cuban withdrew as well. He had the same feelings. Gauri faced her greatest obstacle with equity. She had previously given too much to other investors.
This made it difficult for her to provide more to the sharks. Some believed the toys were overly expensive to produce. Some believed the market was overly limited. These problems created challenges in securing everyone’s backing.
Product Availability
Toymail was an extraordinary product. It was a plush toy that had Wi-Fi capabilities. Children were able to send and get voice messages. The toys featured adorable designs such as a unicorn and a bat. Every toy had enjoyable characteristics. They were able to laugh and create sounds. Parents might utilize a companion app to oversee discussions. The toys were secure and simple to operate.
Toymail was available for purchase both online and in physical stores. The firm collaborated with Amazon. They incorporated features such as voice filters and sleep sounds. A subscription service allowed families to access additional content downloads. The price of the toys is approximately $59.99. Parents appreciated the concept. However, the sales were insufficient to rescue the company.
Conclusion
Toymail was a great idea. It helped families stay close. Gauri Nanda worked hard to make it a success. She got a deal on Shark Tank. The company grew for a while. But there were problems. Toymail could not scale up. They had to close in 2018. Gauri moved on to other projects.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
