Report Wire - Ashneer Grover meets Shark Tank India contestant whose model grew 40X: ‘Probably the biggest success story’

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

2 min read
shark tank india, ashneer grover

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. They all pitched to spend money on 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 development.

“Great to catch up with @skippiicepops founder @ravikabra after Shark Tank. Skippi is a great product and probably the biggest success story from @sharktank.india Season 1 with 40X growth in sales,” Ashneer wrote alongside the photograph.

Ravi Kabra and his spouse Anuja got here to Shark Tank India and provided 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. During the pitch, Ashneer had even talked about how he and his children typically take pleasure in these popsicles throughout their holidays.

 

On getting an-all Sharks deal, Ravi had mentioned in a press release, “We are delighted to receive funding from Shark Tank India. It is a testament to our idea of creating disruption in the F&B industry with innovation and research. We plan to invest this amount to drive more innovation and introduce more refreshing flavours to the Indian market.”

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

Shark Tank India launched final 12 months in December. Sony TV not too long ago introduced season 2 of the present, and sought registrations from budding entrepreneurs.