Rocca Shark Tank India Season 3
Rocca
Roccá’s line of high-protein chocolates, which come in four delectable flavors—almond, pistachio, berry, and coffee—is its unique selling proposition. These chocolates are notable for using natural substitutes for maida and palm oil, making them healthier options.
Founder of Rocca
Sonal Bahilani and Yash Pande created this premium chocolate brand in 2019 with the goal of revolutionizing the chocolate industry by satisfying the tastes of Generation Z and beyond.
Rocca Funding Round
Company Name | Rocca |
Shark Tank India Season | 3 |
Episode No | 46 |
Season No | 3 |
Brand | Rocca |
Idea | Premium Chocolate Brand |
Original Ask | 60 Lakhs for 4% Equity |
Deal | 30 Lakhs for 2.5% Equity + 30 Lakhs debt @9% for 3 years |
Invested By: | Ritesh Agarwal |
At the heart of Rocca's pitch was its commitment to elevating the chocolate experience through meticulous craftsmanship and uncompromising quality standards. Each Rocca chocolate was envisioned as a work of art, meticulously crafted to deliver an exquisite balance of flavors, textures, and aromas. From single-origin dark chocolates to hand-painted truffles, Rocca sought to delight discerning palates with its diverse range of offerings, each bearing the hallmark of luxury and elegance.
The Pitch:
Rocca entered the tank with a delectable proposition: to introduce a touch of luxury to the world of chocolates. Their pitch centered around offering premium-quality chocolates crafted from the finest ingredients sourced from around the globe. With an original ask of ₹60 Lakhs for 4% equity, Rocca aimed to capture the hearts (and taste buds) of chocolate connoisseurs seeking indulgence and sophistication in every bite.
The Deal:
The sharks were captivated by Rocca's vision to redefine the chocolate landscape with its premium offerings. After a round of negotiations, Ritesh Agarwal extended a compelling investment offer: ₹30 Lakhs for 2.5% equity, coupled with an additional ₹30 Lakhs in debt at 9% interest for three years. This strategic partnership not only provided Rocca with the capital needed for expansion but also offered valuable mentorship and guidance from a seasoned entrepreneur with a proven track record of success.
Investors Behind Rocca
Ritesh Agarwal: With the investment from Ritesh Agarwal, Rocca is well-positioned to embark on its journey to conquer the luxury chocolate market. The infusion of funds will enable the company to ramp up production, expand its distribution network, and invest in branding and marketing initiatives to raise awareness and drive demand for its premium offerings. By staying true to its commitment to quality, craftsmanship, and innovation, Rocca aims to carve a niche for itself in the competitive chocolate industry and emerge as a symbol of indulgence and sophistication.
Conclusion:
Rocca's successful pitch and investment deal in Shark Tank India Season 3, Episode 46 underscore the enduring appeal of luxury and refinement in consumer products. With its unwavering dedication to quality, creativity, and customer satisfaction, Rocca is poised to redefine the chocolate experience and leave a lasting impression on chocolate lovers around the world. As the company embarks on its quest to tantalize taste buds and evoke moments of bliss, it remains committed to crafting luxury in every bite and spreading joy, one chocolate at a time.