Skippi Pops Shark Tank India Season 1
Skippi Pops
For many, chuskis are the ultimate summertime delight, and for the majority of Indians born in the 1980s and 1990s, they represent a priceless childhood memory. Sweet recollections to savor include tugging on your mother’s saree at a neighborhood festival to obtain an Ice Chuski Pop or saving up all those paisa coins so that you and your cousins could slip out of the home to get an ice pop from the Chuski Wala. And there is a certain joy that comes from sucking down a Chuski with its sweet, sour, chilly syrupy nectar! Chuskis are known by a variety of names around the nation, including frosty sippy, Gola, sip-up, ice lollies, pepsi, and pepsi-cola.
Founder of Skippi Pops
The first Ice Chuski Pop brand in India was launched by food and beverage industry veterans Ravi and Anuja Kabra, who wanted to revive those treasured childhood memories in a more hygienic way. Their product is called Skippi Ice Pops.
Skippi Pops Funding Round
Company Name | Skippi Pops |
Shark Tank India Season | 1 |
Episode No | 16 |
Season No | 1 |
Brand | Skippi Pops |
Idea | Ice-Pops |
Original Ask | 45 lakhs for 5% equity |
Deal | 1 crore for 15% equity |
Invested By: | Ashneer Grover, Namita Thapar, Anupam Mittal, Vineeta Singh, Aman Gupta |
At the heart of Skippi Pops' pitch was a dedication to creativity and quality. Their ice-pops were crafted from premium ingredients, carefully selected to deliver a burst of flavor with every bite. Skippi Pops aimed to redefine the frozen treat experience, offering consumers a fun and delicious alternative to traditional desserts.
The Pitch:
Skippi Pops entered the tank with a cool proposition: to bring a new twist to traditional ice-pops with their innovative flavors and designs. Their pitch centered around offering consumers a refreshing and guilt-free treat, made from natural ingredients and bursting with flavor. With an original ask of 45 lakhs for a 5% equity stake, Skippi Pops aimed to captivate the Sharks and secure the investment needed to expand their reach.
The Deal:
Impressed by Skippi Pops' vision and potential, Ashneer Grover, Namita Thapar, Anupam Mittal, Vineeta Singh, and Aman Gupta saw an opportunity too good to pass up. They collectively made a generous offer of 1 crore for a 15% equity stake, providing Skippi Pops with the capital and support needed to scale their operations and dominate the frozen treat market.
Investors Behind Skippi Pops
Ashneer Grover, Namita Thapar, Anupam Mittal, Vineeta Singh, Aman Gupta: Skippi Pops enthusiastically accepted the offer from the panel of Sharks, marking a milestone moment in their journey to sweet success. With the backing of seasoned investors and access to valuable resources, Skippi Pops was well-equipped to expand their product line, reach new customers, and become a household name in the frozen treat industry.
Conclusion:
The success story of Skippi Pops showcases the power of innovation and passion in entrepreneurship. As they continue to delight consumers with their delicious and inventive ice-pops, Skippi Pops serves as an inspiration to aspiring entrepreneurs and a testament to the limitless possibilities of culinary creativity. With Ashneer Grover, Namita Thapar, Anupam Mittal, Vineeta Singh, and Aman Gupta as strategic partners, Skippi Pops is poised to make a big splash in the frozen treat market and bring joy to taste buds everywhere.