Daryaganj Shark Tank India Season 2
Daryaganj
Delhi’s Daryaganj is a casual dining establishment with a taste of real North India. The restaurant offers the original recipe for butter chicken and dal Makhani, which is brought to you by the inventor’s grandson.
Founder of Daryaganj
Daryaganj was founded by Amit Bagga and Raghav Jaggi.
Daryaganj Funding Round
Company Name | Daryaganj |
Shark Tank India Season | 2 |
Episode No | 30 |
Season No | 2 |
Brand | Daryaganj |
Idea | Restaurants Chain |
Original Ask | 90 Lakhs for 0.5% Equity |
Deal | 90 Lakhs for 1% Equity (Condition – Aman to be included in secondary offload) |
Invested By: | Aman Gupta |
Daryaganj's idea centered around curating an exceptional dining experience that celebrated the rich heritage and diverse culinary traditions of India. Their restaurants aimed to offer a blend of traditional recipes and contemporary twists, crafted with high-quality ingredients and meticulous attention to flavor and presentation.
The Pitch:
Daryaganj entered the tank with a bold proposition to create a chain of restaurants that would redefine the Indian dining experience. With an original ask of 90 Lakhs for a 0.5% equity stake, they aimed to secure investment to fuel the expansion of their restaurant chain, enhance their menu offerings, and elevate their brand presence.
The Deal:
Impressed by Daryaganj's vision and potential for growth, investor Aman Gupta agreed to invest 90 Lakhs in exchange for a 1% equity stake in the company. However, the deal was contingent upon Aman's inclusion in a secondary offload, indicating his interest in acquiring additional shares from existing stakeholders.
Investors Behind Daryaganj
Aman Gupta: With Aman Gupta's investment and involvement, Daryaganj gained the necessary capital to expand its restaurant chain, refine its menu offerings, and strengthen its brand presence in the competitive food industry. The secondary offload also provided an opportunity for existing stakeholders to realize returns on their investment while welcoming a strategic partner onboard.
Conclusion:
Daryaganj's success on Shark Tank highlights the potential for innovation and growth in the restaurant industry, particularly in the realm of Indian cuisine. With Aman Gupta's support, Daryaganj is well-positioned to continue its journey of culinary excellence, delighting diners with its authentic flavors and memorable dining experiences across its expanding chain of restaurants.