Entrepreneur Name – Yashas Alur, GD Prasad and Rahul Bajaj
About the Entrepreneur – The startup was founded by Yashas Alur, GD Prasad, and Rahul Bajaj, who all come from Bangalore and first met while working at the same company. Rahul holds a master’s degree in marketing from London, Prasad has completed a master’s degree in marketing and advertising, and Yashas has an honors degree in Economics and Finance from an Australian university.
In terms of equity, GD Prasad holds 45%, while Yashas and Rahul each have 14%. Angel investors hold 22% of equity, and the remaining 6% is with family members. Within the company, GD Prasad serves as CEO, Yashas oversees growth, and Rahul manages operations.
LinkedIn Profile –
| GD Prasad | https://www.linkedin.com/in/gdprasad/ |
| Rahul bajaj | https://www.linkedin.com/in/rahulmbajaj/ |
| Brand Name | VS Mani & Co |
| Brand Website | https://vsmani.com/ |
| Business Category | Beverages and Snacks |
Innovation – No
| Company Valuation | ₹19 Crores |
| Equity Asked | ₹60 Lakhs for 1.5% Equity |
| Deal Closed | Yes |
| Final Shark Tank Deal | ₹19 Lakhs for 1% Equity and ₹41 Lakhs Debt |
| Target City/Country | India |
| Total Addressable Market | US$66.92bn |
| Product | Fiter Coffee and Snacks |
About the Product – Vs Mani is a renowned brand that originates from South India and is particularly famous for its South Indian filter coffee, as well as a range of traditional snacks like banana chips and peanut chikki. These products can be found on their own website, as well as in various marketplaces such as Amazon, quick commerce, and supermarkets.
The company’s ultimate goal is to establish Vs Mani and Co as a reputable and genuine brand of South Indian filter coffee and snacks.
Their standout product is the Filter coffee Decoction, which is made by blending chicory with authentic South Indian filter coffee to create a delicious and aromatic beverage. Vs Mani was founded in 2020.
Conclusion –
Yashas Alur, GD Prasad and Rahul Bajaj asked ₹60 Lakhs for 1.5% Equity. Shark Namita offered ₹19 Lakhs for 1% Equity and ₹41 Lakhs Debt. It concluded in a successful deal.
