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Eatverse Shark Tank India Season 3

by IndiaSuccessStories
written by IndiaSuccessStories 0 comment
Eatverse Shark Tank India Season 3 Got No Deal from the sharks.

Eatverse Shark Tank India Season 3

Pitch no with company details

Eatverse

EatVerse of Foodgasm, with unique names such as Burger in Law, Bhaaja Fry, and Meal Vore, was also included on the site for the Eat Verse Business Product. They titled the shop Yara Da Dhaba and used a distinctive name, such as Santa Delivers, to emphasize a superior dining experience than cloud kitchens. They designed their presentation around Social and Trending Word Choices in the Food Experience.

Founder of Eatverse

The founders of EatVerse are Aadarsh Choudhary, Harsh, and Pulkit Kejriwal. 

Eatverse Funding Round

Company Name

Eatverse

Shark Tank India Season

3

Episode No

21

Season No

3

Brand

Eatverse

Idea

cloud-kitchen

Original Ask

1 Crores for 1% equity

Deal

No Deal

Invested By:

——–

At the heart of Eatverse's pitch was a dedication to culinary excellence, convenience, and customer satisfaction. Their cloud kitchen model aimed to provide customers with a convenient and hassle-free dining experience, allowing them to indulge in their favorite dishes from the comfort of their homes. By leveraging technology and data analytics, Eatverse sought to optimize its operations and deliver exceptional quality and taste with every order.

The Pitch:

Eatverse entered the tank with a tantalizing proposition: to revolutionize the food delivery landscape with its innovative cloud kitchen concept. Their idea was to curate a diverse array of cuisines, from traditional Indian fare to international delicacies, and offer them to customers through online delivery platforms. With an original ask of 1 Crore for 1% equity, Eatverse sought investment to expand its operations, enhance its menu offerings, and establish a strong brand presence in the fiercely competitive food delivery market.

The Deal:

Despite its innovative concept and ambitious vision, Eatverse ultimately left the tank without a deal. While the Sharks acknowledged the potential of the cloud kitchen model, they may have had concerns about the scalability and differentiation of Eatverse's offering in a crowded market. Without a clear competitive advantage or a proven track record of profitability, the Sharks may have been hesitant to invest, highlighting the challenges of securing funding in the highly competitive food industry.

Conclusion:

Eatverse's appearance on Shark Tank India Season 3, Episode 29 highlighted the challenges and opportunities of entrepreneurship in the food industry. While the outcome may not have been the desired deal, Eatverse's journey serves as a testament to the resilience and perseverance required to succeed in the competitive world of food delivery. As they continue to refine their offering and delight customers with their culinary creations, Eatverse embodies the spirit of innovation and entrepreneurship that defines the Shark Tank experience.

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