Biography of Prateek Vats: Founder & CEO of Wanderlooms -Entrepreneur
Biography of Prateek Vats:
Wanderlooms: From Passion to a Thriving Business
Prateek Vats, a passionate biker from Bhopal, always felt a
deep connection with the open road. His love for adventure and travel sparked
an idea—what if riders had stylish and comfortable gear designed specifically
for them? This thought laid the foundation for Wanderlooms, an adventure
clothing brand that caters to thrill-seekers across India.
From Meanders to Wanderlooms
Before Wanderlooms, Prateek founded Meanders India, an
adventure touring company that organized bike trips across central India. With
over 25 tours and 1,000+ riders, Meanders became a known name among biking
communities. However, Prateek soon realized that the riders needed
high-quality, adventure-friendly apparel. This insight led to the birth of
Wanderlooms in 2019.
A Dream Turned Business
Wanderlooms started as a small venture, initially named
Meanders Clothing. The aim was simple—to provide riders with wearables that
were stylish, durable, and travel-friendly. The company quickly gained
popularity among bikers and travel enthusiasts, leading to its transformation
into a full-fledged adventure clothing brand.
Quality Gear for Passionate Travelers
What makes Wanderlooms special is its focus on creating
high-quality, functional, and stylish apparel for adventurers. Every piece is
designed keeping in mind the challenges faced by riders—be it harsh weather
conditions, long journeys, or rugged terrains. Today, Wanderlooms delivers its
products across India, making it one of the few niche adventure clothing brands
in the country.
A Life-Changing Ride
In July 2020, Prateek faced a near-fatal experience. While
on a bike ride deep inside a jungle, he started feeling uneasy. Luckily, a
fellow rider who was a cardiologist guided him over the phone. A local driver
rushed him 40 kilometers to a hospital, where he was diagnosed with a heart
attack. He underwent surgery and received two stents. This incident made him
realize the unpredictability of life and strengthened his resolve to make
Wanderlooms a success.
The Road to Shark Tank India
With Wanderlooms growing steadily, Prateek and his
co-founder, Deepesh, saw an opportunity to take their brand to the next level.
They decided to pitch their business on Shark Tank India Season 4, seeking an
investment of ₹50 lakh for 2.5% equity. Their story and passion for adventure
resonated deeply with the Sharks.
Impressing the Sharks
During the pitch, Prateek shared his personal journey and
the challenges he faced, including his health scare. His determination and
passion stood out, and the Sharks were impressed by Wanderlooms' unique
positioning in the market. The brand was not just about selling products; it
was about building a lifestyle for travel enthusiasts.
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A Competitive Investment Round
Three Sharks showed interest in Wanderlooms. Namita Thapar
and Ritesh Agarwal made a joint offer of ₹50 lakh for 5% equity, with Ritesh
offering to connect them with travel groups and motorbike companies. Aman Gupta
matched the offer, drawn by Prateek’s vision of turning passion into
profession.
Countering for the Right Deal
Believing in the value of their brand, Prateek and Deepesh
made a counteroffer of 4% equity for ₹75 lakh. Both Aman Gupta and the
Namita-Ritesh duo agreed, making it a winning moment for the Wanderlooms team.
They walked away with a significant investment and strategic partnerships that
could help scale their business.
More Than Just a Clothing Brand
For Prateek, Wanderlooms is not just about selling apparel.
It’s about storytelling—each journey, each ride, and each piece of gear has a
deeper meaning. Their products are designed for those who live for the thrill,
creating an emotional connection with every rider.
Scaling the Business
With the investment secured, Wanderlooms is now gearing up
for the next phase of growth. The brand plans to expand its product line,
introduce new designs, and collaborate with biking communities across India.
The backing of the Sharks will also help in establishing Wanderlooms as a
recognized name in the adventure gear market.
Community and Culture
Beyond business, Wanderlooms has built a strong community of
bikers and travel enthusiasts. The brand actively engages with riders,
organizing events, sharing travel stories, and supporting the biking culture in
India. This connection with customers has been one of its biggest strengths.
A Testament to Passion and Persistence
Prateek’s journey from a passionate biker to an entrepreneur
is a testament to the power of perseverance. His ability to merge his love for
adventure with business has not only created a successful brand but also
inspired many others to follow their dreams.
The Future of Wanderlooms
With a strong vision and a dedicated team, Wanderlooms is
set to become a leading name in adventure clothing. The company aims to reach
more travel enthusiasts, innovate its product range, and create a lasting
impact in the world of adventure gear.
An Inspiring Ride Ahead
Prateek and Deepesh’s story is a reminder that passion, when
combined with the right mindset and determination, can turn into a thriving
business. From the open roads of India to the Shark Tank stage, their journey
has been nothing short of inspiring. And for Wanderlooms, this is just the
beginning of a greater adventure.
Timeline for story
2014 – Prateek Vats starts Meanders India, an adventure
touring company.
2019 – Launches Wanderlooms to provide adventure-friendly
apparel.
2020 (July) – Prateek survives a heart attack during a bike
trip.
2023 – Wanderlooms expands its reach across India.
2024 – Pitches on Shark Tank India Season 4 for ₹50 lakh at
2.5% equity.
2024 – Secures ₹75 lakh for 4% equity from Namita Thapar,
Ritesh Agarwal, and Aman Gupta.
2025 & Beyond – Plans product expansion and stronger
community engagement.
