Desmondji Shark Tank India Season 2
Desmondji
Agave India/DesmondJi provides liqueurs, inventive combinations of easy-to-mix cocktails, and quality foreign craft spirits that are proudly “Made in India”.
Founder of Desmondji
‘Desmond’ is the first name of Agave India’s founder, Desmond Nazareth, therefore DesmondJi is a daring move for a business like ours.
Desmondji Funding Round
Company Name | Desmondji |
Shark Tank India Season | 2 |
Episode No | 38 |
Season No | 2 |
Brand | Desmondji |
Idea | Ayurvedic lifestyle brand |
Original Ask | 50 Lakhs for 2% Equity |
Deal | No Deal |
Invested By: | —— |
At the heart of Desmondji's pitch was a deep-rooted appreciation for India's culinary heritage and traditional brewing techniques. Their range of alcoholic beverages, infused with indigenous spices, herbs, and botanicals, aimed to offer consumers a taste of India's vibrant cultural tapestry while adhering to the highest standards of quality and craftsmanship.
The Pitch:
Desmondji presented a compelling proposition centered around their Indian alcoholic brand, aiming to capture the essence of India's diverse flavors and traditions. With an original ask of 1 Crore for 1% equity, Desmondji sought investment to expand their product range, enhance brand visibility, and promote Indian craftsmanship and culture on a global scale.
The Deal:
Despite their commitment to promoting Indian culture and craftsmanship through spirits, Desmondji left the tank without securing a deal. While the sharks recognized the potential of Desmondji's brand and its alignment with the burgeoning trend of artisanal spirits, concerns may have arisen regarding market saturation, distribution channels, or scalability of their business model. Nonetheless, Desmondji's journey on Shark Tank India Season 2 serves as a testament to the importance of preserving tradition and heritage in the evolving landscape of alcoholic beverages.
Conclusion:
Desmondji's appearance on Shark Tank India Season 2, Episode 38 underscores the significance of cultural heritage and tradition in shaping the identity of Indian alcoholic brands. While their journey in the tank may not have resulted in a deal, Desmondji's commitment to honoring India's culinary legacy remains unwavering, inspiring individuals to raise a toast to the timeless flavors and traditions of the subcontinent.