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Farmdidi Shark Tank India Season 3

by IndiaSuccessStories
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Farmdidi Shark Tank India Season 3 Got 1 crore Funding in Exchange of 10% Equity by Vineeta Singh and Peyush Bansal.

Farmdidi Shark Tank India Season 3

Pitch no with company details

Farmdidi

A tech-driven food firm called Farmdidi aims to support rural women in earning a living by assisting them in producing high-quality food items. Farmdidi sells a selection of housemade pickles with little to no oil and no preservatives at all.

Founder of Farmdidi

Farm Didi is a food-tech firm founded by Manjari Sharma, an IIM Calcutta alumnus, with the goal of empowering one million rural women.

Farmdidi Funding Round

Company Name

Farmdidi

Shark Tank India Season

3

Episode No

45

Season No

3

Brand

Farmdidi

Idea

Food Business training App

Original Ask

50 Lakhs for 2% Equity

Deal

1 Crore for 10% Equity

Invested By:

Vineeta Singh and Peyush Bansal

At the heart of Farmdidi's pitch was the idea of democratizing food business knowledge and expertise, thereby enabling individuals from diverse backgrounds to pursue their culinary aspirations. The app offered a wealth of resources, including instructional videos, tutorials, industry insights, and mentorship opportunities, designed to equip users with the skills and confidence needed to succeed in the competitive food industry.

The Pitch:

Farmdidi entered the tank with a compelling proposition: to revolutionize food entrepreneurship by providing comprehensive training and guidance through its innovative mobile application. Seeking an investment of ₹50 Lakhs for 2% equity, Farmdidi aimed to secure the necessary funds to scale its platform and reach a wider audience of budding food business owners.

The Deal:

Farmdidi's compelling pitch and ambitious vision captivated the sharks, leading to a significant investment deal. Recognizing the app's potential to empower aspiring food entrepreneurs and foster innovation in the food sector, Vineeta Singh and Peyush Bansal eagerly offered ₹1 Crore for 10% equity, effectively doubling the initial ask and providing Farmdidi with the resources needed to expand its reach and impact.

Investors Behind Farmdidi

Vineeta Singh and Peyush Bansal: With the backing of Vineeta Singh and Peyush Bansal, Farmdidi is poised for rapid growth and expansion. The additional funding will enable the company to enhance its app's features, develop new content, and forge strategic partnerships to further support its user base. By continuing to innovate and deliver value to its users, Farmdidi aims to become the go-to platform for aspiring food entrepreneurs seeking to turn their culinary dreams into reality.

Conclusion:

Farmdidi's successful pitch and investment deal in Shark Tank India Season 3, Episode 45 underscore the transformative potential of technology in empowering individuals and driving innovation in traditional industries. With its user-centric approach and strategic investment, Farmdidi is well-positioned to catalyze the growth of the food entrepreneurship ecosystem and inspire a new generation of culinary trailblazers.

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