Licksters Popsicles Shark Tank India owner, revenue, valuation, investors, funding, net worth

Ice cream brand Licksters Popsicles was recently featured on Shark Tank India 2, find out more about the company and its experience on the show along with the owner

As this year’s pitches are innovative, inspiring, and problem solvers, there is a lot of interest in Shark Tank India 2. Shark Tank India is successfully extending its second season despite predictions that the show’s TRP will fall due to several factors.

The show has consistently garnered media attention by showcasing novel business concepts. While most companies are business-based and lack a humanitarian approach, sharks were captivated by pitchers’ business strategy of a responsible product rather than the one serving polluted water for youngsters.

Licksters Popsicles Shark Tank India owner founder, revenue, valuation, investors, funding, net worth

It happened during the recent presentation by the ice-cream company brand Licksters Popsicles. While the sharks’ opinions were divided on whether to invest in the product, the company finally bagged the investment from the show.

Since then, the Licksters Popsicles has become the talk of the town with many people trying to find out more about it. So, here’s what we know about it:

More about Licksters Popsicles

Licksters Popsicles is India’s top-tier ice cream and popsicle brand for ice cream enthusiasts aiming to make delicious cold items with authentic fruits and ingredients. Because no artificial colors or tastes are added to the goods, they are manufactured entirely from fruits, making them a distinctive brand.

A total of over 30 types of Fruit Pops, Ice Cream Pops, and Greek Yogurt Pops are available in the Licksters range, up from only six tastes when the company launched in April 2019 with just 6 different popsicles. Its founders are Divya Subburaj and Parimal Kalikar.

They provide a cutting-edge selection of fruit pops, chocolate pops, and vegan and gluten-free ice cream pop. They only provide products of the highest caliber that are naturally occurring and meet strict standards for current flavors and tastes.

Its experience on Shark Tank India 2

The founders of Licksters Popsicles demand Rs 50 lakh for a 5% stake. The Sharks thought they were overcharging for their popsicles. Peyush declined to invest in the company despite the owners’ strong desire for him to do so because he had previously invested in a popsicle company.

Aman and Namita chose to stay away for similar reasons. Despite Amit’s desire to withdraw, Parimal changed his mind. Despite not being interested in their product, he claimed he would place a wager on them. He offered them Rs. 25 lakhs in debt and Rs. 25 lakhs for 5% equity, which they accepted.

• Licksters Popsicles Sales 
  FY 2019 – 20 Sales – ₹9 Lakh
  FY 2020 – 21 Sales – ₹18 Lakh
  FY 2021 – 22 Sales – ₹65 Lakh
• Till date FY 2022 – 23 Sales – ₹ 86 Lakh and Projected to do ₹ 2 crore in sales. Last month’s sales were ₹ 14 lakhs.
• Licksters Popsicles Gross Margin – They get 70 to 72% gross margin from their own business and 50% gross margin from franchisees.
• Licksters Popsicles Net Margin – They get 40% net margin from their own business and 22% to 23% net margin from franchisees.

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