Blue Tea is a blue-colored tea brand, know about the founder of the company
It was recently featured on Shark Tank India Season 2. Find out more about the brand and its experience on the show.
Indians are always business-minded. Still, India lacks successful companies, unlike the USA and China. But those days when only the rich could own and operate a company are long gone.
Entrepreneurship is now easier to reach thanks to the debut of Shark Tank India’s Season 2. Several businesses are currently springing up all throughout the country. The business-themed event gave companies the chance to directly seek reputable investors for larger contributions, whereas previously, enterprises would try to secure even smaller investments.
Blue Tea company on Shark Tan India, episode, founder, deal, valuation, price and net worth in 2023
On the show, while many companies, despite having lots of pros, were unable to get the investment, some companies, despite being lambasted by sharks, got the investment in the end. Something similar recently happened when Blue Tea named the herbal tea company featured on the show and got scolded for selling gimmicks.
However, at last, the company not only secured an investment but also secured a valuable investor. So, let’s find out everything about the company and its experience on the show:
More about Blue Tea
Blue Tea Shark Tank India Episode Number | Shark Tank India Season 2, Week 6 Episode 26 |
Blue Tea Shark Tank India Episode Air Date | 6 February 2023 |
Blue Tea Founder Name | Sunil Chandra, Nitesh Singh |
Blue Tea Ask In Shark Tank India | 75 Lakh For 1% Equity |
Blue Tea Deal In Shark Tank India | ₹50 Lakh for 3% Equity & ₹25 Lakh Debt @12 Interest |
Blue Tea Company Valuation | ₹16.67 crore |
Blue Tea Investor Name | Aman Gupta |
Blue Tea Official Website | Blue Tea Website |
The Blue Tea Company claims to provide the world’s freshest herbal tea, which has many health advantages, including promoting weight reduction, decreasing cholesterol, lowering stress levels, reducing anxiety and depression, delaying the onset of gray hair, and more.
Its parent company is Redplum India Pvt. Ltd., which has five firms—Blue Tea, Yogafi, Bigbean, Jutlife, and Yogway—under its umbrella.
Sunil Chandra Saha, a Pune University graduate, is the co-founder of Blue Tea, while Nitesh Singh, an MBA graduate from the University of Allahabad, is a co-founder.
The World Tea Awards in Zurich recognized Blue Tea as the “Most Innovative Tea-2018.” The pandemic has increased demand for Dorje Tea and several other health items. With a dedication to the improvement of the agricultural community they are affiliated with, Blue Tea is in the business of selling genuine Indian Ayurvedic herbal teas all over the world.
Its experience on Shark Tank India 2
At the show, two businesspeople made a pitch for Rs. 75 lakhs in exchange for a 1% stake. This tea was created as a substitute for green tea. Sharks were won over by their offering.
Anupam left the presentation, however, since he was a little dubious because one of the co-founders was overstating things to impress them. They claimed that their tea had no bitterness and a 4.3/5 rating and that it contains more antioxidants than a typical green tea.
Aman made a proposal for them including Rs. 50 lakhs for 3% equity and Rs. 25 lakhs in loan at 12% interest. They attempted to contradict him, but Aman refused, so they accepted the offer.
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