Entrepreneur Name – Raghav, Gurpreet, Amit
About the Entrepreneur – Amit Bagga, along with Raghav Jaggi, works at Daryaganj Hospitality, the owner of the popular brand “DARYAGANJ – By the Inventors of Butter Chicken & Dal Makhani.”
Despite the COVID-19 pandemic hitting the world just 11 months after the brand’s launch in April 2019, it managed to withstand three lockdowns and even thrive.
Raghav Jaggi is the grandson of Mr. Kundan Lal Jaggi, the founder of “DARYAGANJ – By the Inventors of Butter Chicken & Dal Makhani.” Amit Bagga serves as the CEO and co-founder of the company.
LinkedIn Profile – https://www.linkedin.com/in/amit-bagga/
| Brand Name | DARYAGANJ – By The Inventors Of Butter Chicken & Dal Makhani® |
| Brand Website | https://daryaganj.com/ |
| Business Category | North Indian Cuisine |
Innovation – Yes, They are the founders of Butter Chicken and Dal Makhni.
| Company Valuation | ₹90 Crores |
| Equity Asked | ₹90 Lakhs for 0.5% |
| Deal Closed | Yes |
| Final Shark Tank Deal | ₹90 Lakhs for 1% |
| Target City/Country | India |
| Total Addressable Market | US$963.60bn |
| Product | North Indian Cuisine |
About the Product – The idea behind Daryaganj – By the Inventors of Butter Chicken and Dal Makhani, a restaurant specializing in North Indian cuisine, was to honor the culinary heritage of Kundan Lal Jaggi and the resourcefulness and creativity of the Punjabi refugees who moved to Delhi after India’s partition in 1947.
The restaurant combines traditional flavors and secret recipes with a team of skilled and innovative chefs to provide a top-quality dining experience that harkens back to a bygone era.
Raghav Jaggi, the founder’s grandson, and Amit Bagga, a childhood friend, and restaurateur, are credited with bringing this concept to life.
Conclusion –
Raghav Jaggi and Amit Bagga asked ₹90 Lakhs for 0.5% Equity and Shark Aman Gupta Offered them ₹90 Lakhs for 1% Equity, which concluded in a successful deal.
