Theka Coffee, which debuted on Shark Tank India Season 1 Episode 26, is a 100% pure coffee manufacturing firm that offers to customers via a bottle
In Shark Tank India, the entrepreneur of Theka Coffee had sought 50 lakhs in exchange for a 10% stake in his company.
Theka Coffee Shark Tank India Deal, Brand Owner, Valuation
The company was founded by Bhupinder Madaan, and his inevitable love for coffee that made him present his 100% hand made coffee brand to the Sharks. Theka Coffee approached Shark Tank with a request for INR 50 lakhs in exchange for a 10% stake in their modern coffee company, 'Theka Coffee.' The Sharks were blown away by the product's quality.
The Sharks, on the other hand, declined to invest because to significant difficulties in managing the beverage supply chain. After a series of Covid lockdowns that severely harmed the company's earnings, the brand relaunched its sales. The entrepreneur, on the other hand, was confident in his ability to turn things around for his coffee company. As a result, Theka Coffee was not offered a contract by the sharks on Shark Tank India.
Theka Coffee Products
They provide three levels of coffee potency, beginning with Palangtod Coffee, a dark roast that is ideal for individuals who prefer their coffee intense and less sweet. The Next-Level is a medium roast that is ideal for individuals who prefer a lighter cup of coffee. The lightest roast, with a tinge of tanginess, is Coffee Ki Jawani. Orange, Mint, Hazelnut, and Popcorn are just a few of the unique flavours available. Shelf-life of kegs, handmade products, 100% arabica beans
Did Any shark Offer A Deal?
The sharks had liked the flavour of the coffees and the concept a lot. However, due to various complexities with the management and storage of beverages and the kind of competition they have, none of the sharks offered them a deal.
Bhupinder Madaan had asked for a Rs 50 Lakh of funding in exchange for a 10% equity of his now recovering company.
Theka Coffee Estimated Net Worth
Based on Madaan's ask, the valuation he placed on the company was Rs.5 crore.
Top 5 Most Successful Captains In History Of Test Cricket, Stats About Them And More Information
Recommended: The Sports Fan App
Read the full article