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Licksters Shark Tank India Season 2

by IndiaSuccessStories
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Licksters Shark Tank India Season 2 Got 25 Lakhs Funding in Exchange of 5% Equity with 25 Lakhs in debt by Amit Jain.

Licksters Shark Tank India Season 2

Pitch no 54 with company details

Licksters

The first high-end ice cream and popsicle brand in India with the highest fruit concentrate is called Licksters. More than 80% fruit is present in a single Lickster lollipop. Their ice creams are free of chemicals and artificial coloring.

Founder of Licksters

Parimal had a lifelong love for ice cream and studied hotel administration. It dawned on him and Dhivya that fruit ice creams are primarily made of chemicals. They therefore made the decision to produce an ice cream that tastes like fruit. Licksters was created by him and Dhivya when they created the ice creams at home.

Licksters Funding Round

Company Name

Licksters

Shark Tank India Season

2

Episode No

18

Season No

2

Brand

Licksters

Idea

Popsicles

Original Ask

50 Lakhs for 5% Equity

Deal

25 Lakhs for 5% Equity and ₹ 25 Lakhs Debt

Invested By:

Amit Jain

At the core of Licksters' proposition was the desire to offer customers a delightful and memorable frozen treat experience. Their popsicles, made with carefully curated ingredients and inventive flavor combinations, promised to tantalize taste buds and evoke nostalgia with every bite. From classic favorites to bold innovations, Licksters aimed to cater to a wide range of palates while delivering a taste of joy and indulgence to their customers.

The Pitch:

Licksters stepped onto the Shark Tank stage with a vision to revolutionize the frozen dessert industry with their mouthwatering popsicles. Their pitch, filled with enthusiasm and creativity, showcased their commitment to crafting unique flavors using high-quality ingredients. With an initial ask of 50 Lakhs for 5% equity, Licksters aimed to expand their production capacity, enhance their flavor offerings, and establish a strong brand presence in the competitive dessert market.

The Deal:

Amit Jain, impressed by Licksters' passion and potential, saw an opportunity to partner with a brand poised for growth in the dessert industry. Offering 25 Lakhs for 5% equity and an additional 25 Lakhs in debt, Jain provided Licksters with the capital needed to expand their operations and scale their business. This strategic investment not only infused financial resources but also demonstrated Jain's confidence in Licksters' ability to succeed in a competitive market.

Investors Behind Licksters

Amit Jain: With the backing of Amit Jain, Licksters embarked on a journey to bring their flavorful popsicles to a wider audience. The infusion of capital allowed them to ramp up production, diversify their flavor offerings, and invest in marketing initiatives to increase brand awareness. Armed with a strategic partner and a solid financial foundation, Licksters set out to conquer the dessert market and establish themselves as a beloved household name.

Conclusion:

Licksters' appearance on Shark Tank India Season 2, Episode 18 showcased the power of innovation and passion in the world of frozen desserts. With a compelling pitch, a commitment to quality, and a strategic investment from Amit Jain, Licksters set the stage for success in a competitive industry. As they continued to delight customers with their delicious popsicles, Licksters exemplified the sweet taste of entrepreneurial achievement.

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