Uncle Peter's Pancakes Shark Tank India Season 3
Uncle Peter's Pancakes
A pancake company called Uncle Peter’s Pancakes is committed to putting creative pancakes on your plate. Although pancakes are regarded as a fantastic breakfast choice, their popularity is not as high as it should be. Two pancake enthusiasts who were inspired by Paris founded Uncle Peter’s Pancakes in an effort to educate Indians about the delectable nature of pancakes.
Founder of Uncle Peter's Pancakes
The best pancake brand in India, Uncle Peters Pancakes, was founded by Sundeep Singh and Akashdeep Dan.
Uncle Peter's Pancakes Funding Round
Company Name | Uncle Peter’s Pancakes |
Shark Tank India Season | 3 |
Episode No | 27 |
Season No | 3 |
Brand | Uncle Peter’s Pancakes |
Idea | variety of pancakes |
Original Ask | 60 Lakhs for 2% equity |
Deal | 60 Lakhs for 3% equity + 3% Royalty until 1.2 crores is recouped |
Invested By: | Namita Thapar and Anupam Mittal |
At the heart of Uncle Peter's Pancakes' pitch was a commitment to culinary creativity and customer satisfaction. Their diverse menu showcased the artistry of pancake making, inviting patrons to indulge in a symphony of flavors and textures. Whether craving traditional buttermilk pancakes or adventurous specialty varieties, Uncle Peter's Pancakes promised a delightful dining experience that catered to every palate.
The Pitch:
Uncle Peter's Pancakes stepped into the tank with a mission to redefine the pancake experience. Their idea was simple yet tantalizing: offer a variety of pancakes crafted with quality ingredients and innovative flavors. From classic favorites to daring creations, Uncle Peter's Pancakes aimed to delight customers with each fluffy stack. Their original ask of 60 Lakhs for 2% equity reflected their ambition to scale their operations and share their pancake passion with a broader audience.
The Deal:
Impressed by Uncle Peter's Pancakes' delectable offerings and ambitious growth plans, both Namita Thapar and Anupam Mittal saw an opportunity to partner with a brand destined for success in the culinary world. They collectively offered 60 Lakhs for 3% equity, along with an additional 3% royalty until 1.2 crores is recouped, demonstrating their belief in Uncle Peter's Pancakes' potential and commitment to supporting their journey to pancake perfection.
Investors Behind Uncle Peter's Pancakes
Namita Thapar and Anupam Mittal: With the backing of seasoned investors Namita Thapar and Anupam Mittal, Uncle Peter's Pancakes was poised to embark on a journey of expansion and innovation. The infusion of capital and expertise provided by Namita Thapar and Anupam Mittal would enable Uncle Peter's Pancakes to accelerate their growth, enhance their menu offerings, and solidify their position as a beloved destination for pancake aficionados.
Conclusion:
Uncle Peter's Pancakes' appearance on Shark Tank India Season 3, Episode 27 showcased the power of passion and creativity in the culinary world. As they continue to flip, stack, and serve their way into the hearts of customers, Uncle Peter's Pancakes is poised to become a household name synonymous with indulgent, unforgettable dining experiences. With Namita Thapar and Anupam Mittal as strategic partners, Uncle Peter's Pancakes is set to rise to new heights of success in the competitive culinary landscape.