Dr Cubes Shark Tank India Season 2
Dr Cubes
Dr. Cubes is a Bengaluru-based firm that was founded in 2017 that provides ice cubes, dry ice, and ice blocks to various brands and industries.
Founder of Dr Cubes
Dr. Cubes, a company started by Naveed Munshi and Pramod Tirlapur, is transforming ice quality and hygiene.
Dr Cubes Funding Round
Company Name | Dr Cubes |
Shark Tank India Season | 2 |
Episode No | 42 |
Season No | 2 |
Brand | Dr Cubes |
Idea | A hygienic ice cube brand |
Original Ask | 80 Lakhs for 15% Equity |
Deal | No Deal |
Invested By: | —— |
At the core of Dr Cubes' pitch lay the commitment to delivering ice cubes that are not only chilling but also impeccably clean and safe for consumption. By employing state-of-the-art purification techniques and adhering to stringent quality standards, Dr Cubes sought to provide consumers with peace of mind, ensuring that their beverages remain untainted by any impurities or contaminants.
The Pitch:
Dr Cubes entered the Shark Tank with a mission to revolutionize the way people chill their drinks by introducing hygienic ice cubes. With an original ask of 80 Lakhs for 15% equity, Dr Cubes aimed to address the common apprehensions surrounding the cleanliness and purity of traditional ice cubes, particularly in the context of food and beverage establishments.
The Deal:
Despite the merit of Dr Cubes' proposition and the potential for disruption in the hospitality and food service industries, the sharks opted not to invest in the venture. While Dr Cubes showcased commendable innovation and a clear value proposition, factors such as market scalability, distribution challenges, or valuation concerns may have influenced the sharks' decision to pass on the opportunity.
Conclusion:
Dr Cubes' appearance on Shark Tank India Season 2, Episode 42 underscores the importance of innovation and hygiene in the beverage industry and the growing demand for safe and reliable chilling solutions. While their pitch may not have resulted in a deal, Dr Cubes' commitment to raising the bar for ice cube hygiene sets a refreshing example for entrepreneurs seeking to make a splash in the realm of food and beverage innovation.