Atmosphere Kombucha Shark Tank India founder, owner husband, price, revenue, funding, net worth

Atmosphere Kombucha Shark Tank India founder, owner husband, price, revenue, funding, net worth

The two sisters and co-founder of this business are Atmosphere Kombucha, Ariella Blank and Rebekah Sood, who recently appeared on Shark Tank, know about their husband

Their father is a mechanical engineering professor who works at IIT Kanpur, and their family relocated from America to India in 1992. Their academic backgrounds include a BA from the United States.

Atmosphere Kombucha Shark Tank India founder, owner husband, price, revenue, funding, net worth 2023

The sharks looked excited about the brand and its success in a short span of time. Rebecca is married to Armaan Sood, the founder of Sleepy Owl Coffee.

Information About Atmosphere Kombucha

The brand Atmosphere Kombucha is among the first and finest kombucha brands in India. Green tea is fermented with yeast and bacteria to create the essence of the brand. The product comes in a variety of flavours, including elderflower, blueberry lavender, mango peach, lychee love, exotic lime, and kolala.

The brand only utilise actual, all-natural substances. They provide goods via Blue Tokai Pan India and Starbucks. They also have a website, and the greatest thing is that all of the employees at their Delhi factory are women. Together, they employ about 14 women. Instead of calling it Kombucha, they want to sell it as a healthy beverage.

The Atmosphere Kombucha And Pitchers.

They made and requested 75 lakhs for 3% of the company’s stock at a 25 crore value.

Additional Details About The Business

The market for health beverages in India is about 15,000 crores. There are 10 g of sugar in each bottle. The cost per bottle is 230. One crore has been made in sales thus far in FY 22–23.

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60% of the sales are made between businesses, and 40% are made online. Retail accounts for 20% of and cafés and restaurants for 80% of B2B sales, respectively. Retail margins on average are 35%, whereas margins in cafés and restaurants are 40%. They plan to build a production facility where they can sell 3 lac bottles per month.

Offers and Refutations

Aman, Peyush, and Namita pulled out of the agreement. Anupam made a 75 lakh rupee bid for 20% of the company’s stock at a 3.75 crore valuation.

In an offer valued at three crores, Veenita offered 30 lakhs for 10% of the company’s stock and 45 lakhs at 12% interest.

Anupam received a counteroffer from the founders of 75 lakhs for 8% shares at a 9.38 crore value.

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Final agreement: Because Anupam rejected the founders’ counteroffer, there was no final agreement reached.

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