Image Credits: Shark Tank India
Last updated on 23 February 2023. Find everything about Malaki’s pitch on Shark Tank India, its founders, and the latest updates about the company.!
Malaki on Shark Tank India
Do you want to enhance your beverage experience? Then, Malaki has a lot to offer.
Here are the key details about their pitch on Shark Tank:
| Name | Malaki |
| Founder | Ashish Bhatia, Mohit Bhatia |
| Episode | Season 02 Episode 27 |
| Ask | ₹50 Lakhs for 1% Equity |
| Deal | ₹50 Lakhs for 3% Equity |
| Sharks | Aman Gupta, Peyush Bansal |
| Status | In-business |
Malaki is an Indian beverage brand with mocktail mixers like Tonic, Sparkling Water, Coffee Tonic, and Ginger Alle. They also have a Spicy Ginger Alle made from their secret family recipe. It contains no artificial sweeteners, flavors, or colorings.
One of the best products is Sparkling Water which comes at an affordable price and shark Peyush loved it. Here is a 12-pack of that available on Amazon for your to get (*Affiliate Link):
Or buy it by clicking here: https://amzn.to/3EwQ631
*Affiliate Link means that we get a certain percentage from the sale when you purchase through our link.
The entrepreneur brothers were looking for ₹50 lakhs for just a 1% stake in their startup, to grow it in all parts of the country.
Every shark liked the taste and was impressed after hearing that the brand has been selected for Singapore Airlines business class.
The sales for FY 2021-22 were ₹2.7 crores, distributed almost equally in all their categories. They have D2C but they sell to hotels, restaurants, and cafes as well. The net margin is around 13%. But their marketing was comparatively high.
But Namita has to go out since it clashes with other investments in Beyond Water on Shark Tank India. Amit was not interested because it has a small market. But there were other 3 who wanted it.
Peyush and Aman joined for 10% equity. On the other side, Anupam was ready for 5% only. But the pitchers were stuck with their last valuation. Then, after some negotiations, they all settled on 3%.
Watch the full episode promo here:
Malaki closed a deal on Shark Tank India of ₹50 lakhs for 3% equity with Aman Gupta and Peyush Bansal.
About The Founders
Ashish and Mohit Bhatia are the co-founders of Malaki. The parent company is A1 cuisines, based in Mumbai, Maharashtra.
Both brothers grew up looking at their grandparent’s business A1 Samosa. That’s where the ‘A1’ name comes from. Then they decided to go on their own journey in 2018 by taking a ₹5 lakhs loan from their parents. They have also taken investment from 9Unicorns in 2021.
After Shark Tank Updates
Malaki offered a 5% discount on their website after their appearance on TV. Co-founder Mohit also shared how he has been a fan of Shark Tank US and now he gets to be on its Indian adaptation. Both are looking forward to working with the sharks soon!
They will soon be available on quick commerce platforms like Swiggy.
By the way, other businesses featured in this episode were Zoe Nutrition, Hornback Cycles, and Nano Clean.
In the end, we can look at their official company pitch: “Malaki aims to redefine India’s beverage landscape to become market leaders in the growing functional drinks and artisanal mixers category. Join the revolution brewing India’s next homegrown beverage brand! Don’t Stay Still, Sparkle!”
Takeaways
So now you know about Malaki’s pitch on Shark Tank and what they are up to now.
I am Ranish Chauhan a.k.a. Fulmino Fan, and I am also a fan of Shark Tank India.