HoneyVeda is a honey-based company that was recently featured on Shark Tank India 2, find out more about the company and its experience on the show along with the founder and deal
The second season of Shark Tank India has all the necessary ingredients for one of the most well-liked programs. Fans have been riveted to their screens thanks to creative presentations, innovative business methods, and offers they have never seen before.
From cutting-edge technologies to sustainable developments, season 2 of the business reality show has appealed to the majority of the people who want to do business or are currently doing business.
Recently, judges were fascinated by the pitch and concept of Honeyveda, a company that produces honey without harming bees. Despite the fact that three sharks withdrew, two of them made an offer that the entrepreneur pair finally accepted.
HoneyVeda on Shark Tank India, episode, founder, valuation, deal, net worth in 2023
Not only the business talks gained attention, but Aman Gupta also made an interesting statement during the presentation that had everyone in a tizzy. He said that he doesn’t understand the taste of honey and that he only has one “honey,” which is his wife.
Since then, the company has become a trending topic, with many people trying to find out more about HoneyVeda. So, let’s find out everything about the company:
More about HoneyVeda
The first company to enter Shark Tank India with a honey business is HoneyVeda Business. It generates single-vegetable honey (munka), preserving the peculiar flavor, purity, and perfume of exceptionally therapeutic honey in its most natural and distinctive form.
The company was founded by Hardik Joshi and Kashyap Joshi in 2016. In order to support the growth of crops, farmers, and honey bees, the company uses natural processes to produce pure “Hive to Home” honey. Honey production is done without harming honeybees.
The company sells honey in its most healthy and all-natural form. Their honey is unrefined and produced organically. In their special technique, no chemicals are employed at any point.
Products provided by the company
- Ajwain Honey
- Coriander Honey
- Eucalyptus Honey
- Fennel Honey
- Himalayan Forest Raw Honey
- Lychee Honey
- Mustard Honey
- Honey Veda Raw Honey Gift Box
Experience of HoneyVeda on Shark Tank India 2
The founders of the company asked for Rs. 75 lakhs in exchange for 7.5% equity. However, Anupam Mittal and Vineeta Singh closed the deal with them at Rs. 50 lakhs for 15% equity and Rs. 25 lakhs in debt at 12% interest.
HoneyVeda Shark Tank India Episode Number Shark Tank India Season 2, Week 5 Episode 22
HoneyVeda Shark Tank India Episode Air Date 31 January 2023
HoneyVeda Founder Name Hardik Joshi, Kashyap Joshi
HoneyVeda Ask In Shark Tank India ₹75 Lakh For 7.5% Equity
HoneyVeda Deal In Shark Tank India ₹50 Lakh For 15% Equity & ₹25 Lakh Debt @12 Interest
HoneyVeda Company Valuation ₹3.33 Crore
HoneyVeda Investor Name Anupam Mittal, Vineeta Singh
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