Mavi's Shark Tank India Season 1
Mavi's
MAVI’s Pantry, an Indian company that specializes in fermented beverages such as Kombucha, is gaining success in this area.
Founder of Mavi's
MAVI’s Pantry’s founders, Vikram Mittal and Meenakshi Bhanj.
Mavi's Funding Round
Company Name | Mavi’s |
Shark Tank India Season | 1 |
Episode No | 33 |
Season No | 1 |
Brand | Mavi’s |
Idea | Vegan Fermented Food |
Original Ask | 40 lakhs for 5% Equity |
Deal | No Deal |
Invested By: | —— |
At the core of Mavi's pitch was a dedication to promoting health and wellness through plant-powered nutrition. Their vegan fermented foods provided consumers with a flavorful and gut-friendly alternative to traditional fermented products, offering a convenient way to incorporate probiotics into their diets. Mavi's aimed to cater to the growing demand for plant-based options and support individuals in their journey towards healthier lifestyles.
The Pitch:
Mavi's entered the tank with a mouthwatering proposition: to revolutionize the world of fermented foods with their vegan offerings. Their product line included a variety of fermented foods such as kimchi, sauerkraut, and kombucha, all crafted from plant-based ingredients and packed with probiotics and nutrients. With an original ask of 40 lakhs for 5% equity, Mavi's sought to attract investors who shared their passion for delicious and nutritious plant-based foods.
The Deal:
Despite their flavorful pitch and nutritious products, Mavi's left the tank without a deal. While the Sharks appreciated the quality and innovation of their vegan fermented foods, they may have had concerns about market demand, distribution channels, or scalability. However, the experience served as a valuable learning opportunity for Mavi's, providing them with insights and feedback to refine their products and strategy in the competitive food and beverage market.
Conclusion:
The journey of Mavi's on Shark Tank India Season 1, Episode 33, underscores the challenges and opportunities of entrepreneurship in the food industry. While the brand may not have secured a deal in the tank, their dedication to crafting delicious and nutritious vegan fermented foods is commendable. With valuable lessons learned from their experience on the show, Mavi's is poised to continue delighting taste buds and nourishing bodies with their innovative plant-based offerings.