Entrepreneur Name – Pranav and Sangeeta Sharma
About the Entrepreneur – Pranav Sharma and Sangeeta Sharma are from Pune. Pranav manages the business operations while also holding a job since 2017.
Sangeeta has not spent any money on marketing. Instead, she posts in various free groups between 4 a.m. to 6 a.m., so that when people see the notifications in the morning, they are reminded to purchase atta if they have finished consuming it.
Brand Name | Sharma Ji Ka Aata |
Brand Website | https://sharmajikaaata.com/ |
Business Category | Chakki Fresh Aata |
Innovation;- No
Company Valuation | ₹2 Crores |
Equity Asked | ₹40 Lakhs for 10% Equity |
Deal Closed | Yes |
Final Shark Tank Deal | ₹40 Lakhs for 20% Equity |
Target City/Country | India |
Total Addressable Market | Rs 20,000 crore |
Product | Fresh Chakki Aata |
About the Product – The tale revolves around a family that valued healthy, chemical-free eating and therefore started Sharma ji ki aata in 2016. They recognized and addressed the concerns and requirements of the general public.
Currently, they have 4000 customers and their products are available in leading stores throughout Pune. They offer 40 different types of aata in their stock-keeping units (SKUs) and aspire to expand their business throughout India.
The top-selling item is Sharbati ka aata, followed by the multigrain variant. A 5kg pack of aata costs approximately 275 rupees.
Conclusion –
Pranav and Sangeeta asked ₹40 Lakhs for 10% Equity. Shark Anupam offered ₹40 Lakhs for 10% Equity. It concluded in a successful deal.