Gladful on Shark Tank India episode, founder, funding deal, valuation, revenue, products, net worth

Gladful is a protein-rich snack brand, find out more about the company and its experience on Shark Tank India season 2, its products and founder

The second season of the business program Shark Tank India has become extremely popular with Indian viewers. The show enthralls not just businesspeople but also young people who are eager to launch their own businesses.

Gladful on Shark Tank India episode, founder, funding deal, valuation, revenue, snacks, net worth

The show attracts the attention of people belonging to different age brackets. One of the main factors contributing to the show’s appeal is its distinctive methods of entertaining the audience as well as piquing their attention by presenting intriguing pitches based on different kinds of products and services.

However, few pitches stand out in comparison to others. Among them is the Galdful pitch that was featured on the most recent episode of the show. The company is about healthy snacks that are a much-known need in today’s world. Due to this, the company not only attracts applause but also grabs an amazing deal on the show.

So, let’s find out everything about Gladful:

More about Gladful

Gladful Snack Business is a brand that specializes in high-protein snacks with a focus on wellness. Parul Sharma and Manu Sharma, two siblings, launched the business in 2021. They collaborated with chefs and nutritionists to develop goods that use natural and healthful ingredients.

The company’s goal is to create snacks that blend flavor and nutrition. Due to this, they offer a variety of snacks including Date Nut Squares, Protein Cookies, Protein Minis, Protein Breakfast, Gift Boxes, and Roasted Nuts. These items can be purchased on the company’s website as well as via a number of online merchants, including Amazon, Flipkart, CRED, and Swiggy Instamart.

Despite being a relatively new brand, Gladful Snack Business has already achieved lifetime net sales of ₹1 Crore. However, the company is currently burning through ₹8 lakhs in cash every month as they work to expand their resources for pan-India delivery.

Its experience on Shark Tank India 2

Sharks Aman and Namita initially offered ₹50 lakhs for 10% equity, valuing the company Gladful at ₹5 crores. However, they later revised their offer to ₹50 lakh for 4% equity, valuing the company at ₹12.5 crores.

Shark Anupam offered ₹50 lakhs for 3.84% equity, valuing the company at ₹13 crores. Meanwhile, Shark Amit offered ₹50 lakhs for 3.5% equity, valuing the company at ₹14.29 crore.

After considering all the offers, Gladful Snack Business ultimately struck a deal with Shark Amit, who agreed to invest ₹50 lakhs for 3.5% equity in the company. This deal would value the company at ₹14.29 crore.

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