Ashneer Grover meets Shark Tank India contestant whose brand grew 40X: ‘Probably the biggest success story’

MD Merajul IslamMay 11, 2022


Shark Tank India fame Ashneer Grover on Wednesday shared a photograph with one of many contestant of the present. Ravi Kabra, who introduced his product Skippi Pop on the present, had left all 5 sharks impressed. All of them pitched to put money into his enterprise collectively and made an funding of Rs 1 crore for 15 per cent fairness. As per Ashneer’s submit, submit his stint on the fact present, Ravi’s enterprise has seen a 40X progress.

“Nice to meet up with @skippiicepops founder @ravikabra after Shark Tank. Skippi is a superb product and doubtless the most important success story from @sharktank.india Season 1 with 40X progress in gross sales,” Ashneer wrote alongside the picture.

Ravi Kabra and his spouse Anuja got here to Shark Tank India and supplied 5% of their enterprise for Rs 45 lakh. Impressed by their product, all 5 sharks determined to again them and closed the deal at Rs 1 crore for 15 per cent fairness. Through the pitch, Ashneer had even talked about how he and his children typically get pleasure from these popsicles throughout their holidays.

 

On getting an-all Sharks deal, Ravi had mentioned in an announcement, “We’re delighted to obtain funding from Shark Tank India. It’s a testomony to our concept of making disruption within the F&B trade with innovation and analysis. We plan to take a position this quantity to drive extra innovation and introduce extra refreshing flavours to the Indian market.”

Together with Ashneer Grover, different sharks backing Ravi Kabra had been Anupam Mittal (Shaadi.com), Aman Gupta (boAt), Vineeta Singh (Sugar) and Namita Thapar (Emcure Prescription drugs). Sharks Ghazal Alagh (Mamaearth) and Peyush Bansal (Lenskart) weren’t a part of the episode.

Shark Tank India launched final yr in December. Sony TV lately introduced season 2 of the show, and sought registrations from budding entrepreneurs.



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