Season 1, episode 6
Relaxant
ريلاكسنت
Relaxant is an Egyptian home-fragrance brand founded by Nour Zanati that makes candles from natural ingredients.
Watch the pitchThe founders asked
500K EGP
for 10% · valuation 5M EGP
The deal
600K EGP
Abdallah SallamEquity: 25%
In short: Relaxant pitched in Season 1, episode 6. The founders asked for 500K EGP for 10%, valuing the company at 5M EGP. They walked away with a deal with Abdallah Sallam: 600K EGP for 25%.
Overview
Relaxant is an Egyptian home-fragrance brand founded by Nour Zanati that makes candles from natural ingredients. It is built for people who want scented candles that feel good in the home but don't come at a luxury price. Alongside familiar scents, the brand has playful local twists such as a sahlab-scented candle inspired by the classic Egyptian winter drink. After Shark Tank Egypt, Relaxant grew with backing from investor Abdallah Sallam.
The pitch
Nour Zanati pitched Relaxant in Season 1, Episode 6, presenting natural, affordably priced candles that include a sahlab scent. She opened by asking for EGP 500,000 in exchange for 10% of the company. After negotiating with the sharks, she closed a deal with Abdallah Sallam for EGP 600,000 in exchange for 25%.
Services & products
- Natural scented candlesCandles made from natural ingredients and sold at affordable prices for everyday home use.
- Sahlab-scented candleA signature candle that captures the warm aroma of sahlab, the classic Egyptian winter drink.
Team and investors
After the show
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Frequently asked questions
What is Relaxant?
Relaxant is an Egyptian home-fragrance brand founded by Nour Zanati that makes candles from natural ingredients. It is built for people who want scented candles that feel good in the home but don't come at a luxury price. Alongside familiar scents, the brand has playful local twists such as a sahlab-scented candle inspired by the classic Egyptian winter drink. After Shark Tank Egypt, Relaxant grew with backing from investor Abdallah Sallam.
Who founded Relaxant?
Relaxant was founded by Nour Zanati, who pitched it on Shark Tank Egypt.
When did Relaxant appear on Shark Tank Egypt?
In Season 1, episode 6 (2023).
How much did Relaxant ask for on Shark Tank Egypt?
500K EGP for 10%, valuing the company at 5M EGP.
Did Relaxant get a deal on Shark Tank Egypt?
Yes, with Abdallah Sallam: 600K EGP for 25%.
More questions (9)
Which shark invested in Relaxant?
Abdallah Sallam. Details →
What is Relaxant's valuation on Shark Tank Egypt?
The final deal valued Relaxant at 2.4M EGP, against 5M EGP in the founders' ask.
What does Relaxant offer?
Natural scented candles and Sahlab-scented candle.
Where can I watch Relaxant's pitch?
The pitch from Season 1, episode 6 is on YouTube: youtube.com/watch?v=0aKRrX-cITc
How much equity did Relaxant give up on Shark Tank Egypt?
25%, against the 10% offered in the pitch.
Did Relaxant get what it asked for on Shark Tank Egypt?
It asked for 500K EGP for 10% and closed at 600K EGP for 25%, so the valuation went from 5M EGP to 2.4M EGP.
Which episode of Shark Tank Egypt was Relaxant in?
Season 1, episode 6. Also in that episode: Jojo's Ranch, Choroida and Bikado. Details →
Which sharks did Relaxant pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Relaxant in?
Home. 21 other Home startups pitched on the show. Details →
Rating & comments
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