Entrepreneur Name – Himanshu Gakhreja & Shreya Agarwal
About the Entrepreneur – The founders of this company are Himanshu Gakhreja and Shreya Agarwal, both 25-year-olds hailing from Delhi. Despite being a 12th-grade dropout, Himanshu possesses a keen interest in the art of cheesecake making, which he honed during his 2.5 years working at a bakery shop. However, his father did not approve of his passion and compelled him to work in the family’s raw materials business.
After marrying Shreya, she convinced his father to support Himanshu’s dream, and he worked hard to create an egg-free recipe for cheesecake, keeping the formula a closely guarded secret. The cheesecakes are entirely produced in their home and not in a factory.
LinkedIn Profile – https://www.linkedin.com/in/himanshu-gakhreja-8a2909227/
Brand Name | Cheesecake and Co. |
Brand Website | https://cheesecakeco.in/ |
Business Category | Cheesecakes |
Innovation – No
Company Valuation | ₹50 Crores |
Equity Asked | ₹1 cr for 2% Equity |
Deal Closed | No |
Final Shark Tank Deal | ₹1 cr for 5% Equity |
Target City/Country | India |
Total Addressable Market | $18 billion |
Product | Cheesecakes |
About the Product – Cheesecake and Co is a delectable combination of tart and cake, originally hailing from Europe and popularized in New York. Boasting over 15 varieties of cheesecake, their blueberry cheesecake has emerged as a crowd favorite.
With over 2.5 lakhs orders delivered to date, the company has expanded to 19 outlets in Delhi and Bangalore, with a mix of physical locations and cloud kitchens. Their ultimate aim is to provide every Indian with high-quality, delicious, and 100% vegetarian cheesecake. The company was established in 2018.
Conclusion –
Himanshu Gakhreja and Shreya Agarwal asked ₹1 cr for 2% Equity, and Shark Anupam Mittal offered ₹1 cr for 5% Equity, but the owner refused. It concluded in No Deal.