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Chefling Shark Tank India Season 3

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Chefling Shark Tank India Season 3 Got 40 Lakhs Funding in Exchange of 16% Equity by Amit Jain, Namita Thapar, Azhar Iqubal and Peyush Bansal.

Chefling Shark Tank India Season 3

Pitch no 61 with company details

Chefling

Chefling is a special kind of do-it-yourself (DIY) kit that comes with everything you need to prepare a delicious dish from across the world. Japanese: sushi and mochi; Mexican: enchiladas and tacos; and Italian: lasagna are the available DIY kit varieties.

Founder of Chefling

The 25-year-old Mumbai native Rounit Gambhir, the creator of Chefling, unveiled this ground-breaking idea with the goal of streamlining the preparation of unusual dishes. Taking advantage of the lockdown, this young businessman introduced his goods in Mumbai.

Chefling Funding Round

Company Name

Chefling

Shark Tank India Season

3

Episode No

21

Season No

1

Brand

Chefling

Idea

A DIY Cooking Kit Maker

Original Ask

40 lakhs for 10% equity

Deal

40 lakhs for 16% equity

Invested By:

Amit Jain, Namita Thapar, Azhar Iqubal and Peyush Bansal

At the heart of Chefling's pitch was a commitment to making gourmet dining accessible to everyone, regardless of their culinary skills or time constraints. Their meal kits were designed to simplify the cooking process while maintaining the taste and presentation of restaurant-quality dishes. Chefling aimed to empower customers to explore new flavors, expand their culinary repertoire, and enjoy the satisfaction of preparing delicious meals at home.

The Pitch:

Chefling entered the tank with a tantalizing proposition: to provide customers with the experience of enjoying gourmet restaurant meals without leaving their homes. Their pitch emphasized the convenience and quality of their meal kits, which included pre-measured ingredients and chef-curated recipes for a variety of culinary delights. With an original ask of 40 lakhs for a 10% equity stake, Chefling aimed to captivate the Sharks and secure the investment needed to scale their operations and reach a wider audience.

The Deal:

Impressed by Chefling's innovative concept and the potential for disruption in the food industry, Amit Jain, Namita Thapar, Azhar Iqubal, and Peyush Bansal saw an opportunity to support a brand at the forefront of culinary innovation. They collectively offered 40 lakhs for a 16% equity stake, recognizing the value of Chefling's unique proposition and the growing demand for convenient meal solutions. With this strategic partnership, Chefling was poised to accelerate its growth, enhance its product offerings, and delight customers with an even wider range of gourmet meal options.

Investors Behind Chefling

Amit Jain, Namita Thapar, Azhar Iqubal and Peyush Bansal: Chefling enthusiastically accepted the offer from Amit Jain, Namita Thapar, Azhar Iqubal, and Peyush Bansal, marking a significant milestone in their journey to redefine home cooking. With the backing of experienced investors and access to invaluable resources, Chefling was well-positioned to expand its reach, innovate its product line, and continue delighting customers with restaurant-style meals in the comfort of their own homes.

Conclusion:

The success of Chefling highlights the transformative potential of combining culinary expertise with technological innovation to revolutionize the way we cook and eat at home. As Chefling continues to grow and evolve, it serves as a beacon of inspiration for aspiring chefs and home cooks alike, empowering them to explore new flavors, elevate their cooking skills, and enjoy gourmet dining experiences without ever leaving their kitchens. With Amit Jain, Namita Thapar, Azhar Iqubal, and Peyush Bansal as strategic partners, Chefling is poised to redefine the future of home cooking and become a household name in the culinary world.

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