Entrepreneur Name – Parimal Kalikar and Dhivya Subburaju
About the Entrepreneur – The company’s founders are Parimal Kalikar and Dhivya Subburaju, hailing from Maharashtra and Tamil Nadu, respectively. Parimal’s educational background is in hotel management.
LinkedIn Profile –
| Parimal kalikar | https://www.linkedin.com/in/parimal-kalikar-053a1784/ |
| Dhivya Subburaju | https://www.linkedin.com/in/dhivya-s-5955ba87/ |
| Brand Name | Licksters |
| Brand Website | https://www.licksters.com/ |
| Business Category | Popsicles |
Innovation – Yes, India’s Licksters Popsicles is a premium ice cream brand that creates great-tasting cold treats using real fruits and high-quality ingredients, making it an ideal choice for ice cream lovers.
| Company Valuation | ₹5 Crores |
| Equity Asked | ₹50 Lakhs for 5% Equity |
| Deal Closed | Yes |
| Final Shark Tank Deal | ₹25 Lakhs for 5% Equity and ₹25 Lakhs Debt |
| Target City/Country | India |
| Total Addressable Market | $1327 Million |
| Product | Popsicles |
About the Product – Licksters Popsicles uses 100% pure fruit in their licks, without any added artificial colors or flavors. They offer a variety of innovative products and strive to become India’s top premium ice cream brand.
The Licksters team aims to keep their products fun and reminiscent of childhood by continuously introducing new fruity and nutty options.
Conclusion –
Parimal Kalikar and Dhivya Subburaju asked ₹50 Lakhs for 5% Equity. Shark Amit Jain offered ₹25 Lakhs for 5% Equity and ₹25 Lakhs Debt. It concluded in a successful deal.
