Daryaganj Restaurant is a Delhi-based restaurant that was started in 1947, find out more about the business and its experience on Shark Tank India 2 along with the owner
From season one to season two, Shark Tank India sparked a business and entertainment whirlwind in the country. While the show keeps captivating us by featuring some of the most innovative ideas related to AI and DIYs, food-related pitches become the talk of the town every time.
Daryaganj Restaurant New Delhi on Shark Tank India, episode, owner, revenue, valuation, deal, net worth 2023
| Daryaganj Restaurant Shark Tank India Episode Number | Shark Tank India Season 2, Week 6 Episode 30 |
| Daryaganj Restaurant Shark Tank India Episode Air Date | 10 February 2023 |
| Daryaganj Restaurant Founder Name | Raghav Jaggi and Amit Bagga |
| Daryaganj Restaurant Ask In Shark Tank India | ₹90 lakh for 0.5% equity |
| Daryaganj Restaurant Deal In Shark Tank India | ₹90 lakh for 1% equity |
| Daryaganj Restaurant Company Valuation | ₹90 crore |
| Daryaganj Restaurant Investor Name | Aman Gupta |
As food enthusiasts, all the food and beverage entrepreneurs had a particular place in our hearts, with one pitch being more intriguing than the others. In the most recent Shark Tank India 2 episode, Aman Gupta and the sharks arrive at the program after spotting the food on the table and become enthused about it.
Later, the business owners take the stage and present their well-known and recognizable delicacy, Butter Chicken. In their pitch to the sharks, businessmen Raghav Jaggi, Gurpreet Singh, and Amit Bagga explain how their grandfather Kundan Lal Jaggi, a refugee, created the famous Butter Chicken and Dal Makhani in 1947.
The business named Daryaganj Restaurant not only got the investment but also won the hearts of sharks as well as audiences. So, let’s find out more about the business:
More about Daryaganj Restaurant
The Daryaganj Restaurant Business pays respect to Grandfather Kundan Lal Jaggi as his heirs present a growth-focused business plan to the Shark Tank India audience. The owner offers Maa ki Dal with black lentils, his spices, and butter after the client requests that he prepare it in a different way.
Since then, every client has come to enjoy it greatly as a vegetarian meal with additional butter, and it has since gained popularity. Similar to this, Kundan Lal gave out butter chicken to customers who requested leftover tandoori chicken with gravy as the restaurant was about to close, and it quickly gained popularity.
The restaurant opened its doors in 1947 in the renowned “Moti Mahal” building in New Delhi’s Daryaganj district. Kundanlal always made an effort to make the cuisine delicious and memorable in every manner. Even now, food is still made with the same mindset.
In 2017, Kundan Lal’s grandson Raghav Jaggi transformed this establishment into a hospitality restaurant in his honor. They have three locations in Delhi, one in Gurgaon and Noida, and one in Daryaganj Cloud kitchen. Additionally, five restaurants and five cloud kitchens are going to launch soon.
The net sales for the previous month were 3 crores, while the income for last year was 22 crores.
More about its experience on the show
The owners of Daryaganj Restaurant requested Rs. 90 lakhs for 0.5% equity with an Rs. 180 crore valuation. Peyush Bansal and Namita Thapar decline the offer since they lack the necessary knowledge. Vineeta Singh, however, presents a deal for Rs. 90 crores at 1% equity.
Aman also provides a transaction of Rs. 50 lakhs for 1% ownership and Rs. 50 lakhs in additional debt at 12% interest, valued at Rs. 50 crores. The entrepreneurs sign a contract with Aman and accept his new counter offer, which is Rs. 90 lakhs for 1% stock with a valuation of Rs. 90 crores, after deliberating for a time and making counter bids.