Aadvik Foods on Shark Tank India episode, owner, deal, valuation, revenue, net worth

Aadvik Foods, well-known for producing dairy products, has been in the news because it was recently featured on Shark Tank India season 2, know about its owner

The Shark Tank India show has become a major venue for entrepreneurship as the show has kept raising the bar for future entrepreneurs day by day by showcasing some amazing and out-of-the-box ideas.

The show not only features potential startups but also gives them an opportunity to gain major investments and investors for their company. Also, the show’s entertainment value and wide appeal make it a desirable platform for business owners wishing to expand their operations.

However, the companies related to food items have dominated the second season. The most recent one to appear on the show is Aadvik Foods, which makes items using the milk of camels and goats. The company also grabbed an amazing deal on the show. So, let’s find out everything about it.

Aadvik Foods on Shark Tank India episode, owner, deal, valuation, revenue, turnover, net worth

More about Aadvik Foods

Aadvik is a food company that is well-known for producing and selling various products made from goat and camel milk. The founders of the company are Hitesh Rathi and Shrey Kumar.

The firm was founded in 2015, and its mission is to introduce high-quality milk products with modern modifications while maintaining authenticity and providing sustainable employment to the Rabari organization, which raises camels and goats.

The Aadvik Foods company sells a variety of goods, including items made from camel, goat, cow, and donkey milk. The business is of the opinion that improving everyone’s life requires offering the highest-caliber items.

To retain authenticity and foster client trust, they make sure that the nutritious composition of their goods is maintained at every stage. It has handled 3 lakh orders and sold over 8 lakh liters of milk.

Its experience on Shark Tank India 2

After the Aadvik Foods company pitched its business on the show, shark Amit made an offer of ₹15 lakhs for a 1.5% equity stake and ₹45 lakhs in debt at 12% interest, valuing the company at ₹10 crores. However, pitchers countered with an offer of ₹30 lakhs for a 1.5% equity stake and ₹30 lakhs debt at 12% interest, valuing the company at ₹20 crores.

But the sharks did not accept their counteroffer, and after some negotiations, the sharks and the business pitchers came to an agreement on the initial offer made by Shark Amit.

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