On Wednesday, Shark Tank fame Ashneer Grover shared a photo with entrepreneur Ravi Kabra, who participated on the show and got funding of βΉ1 crore for 15% equity his brand Skippi pop. All the five sharks of the show invested in Ravi’s brand. Sharing the photo, Ashneer wrote that after Ravi’sΒ Shark Tank stint, his brand grew by 40X.
Posting the photo, Ashneer captioned, βGreat to catch up with @skippiicepops founder @ravikabra after Shark Tank. Skippi is a great product and probably the biggest success story from @sharktank.india Season 1 with 40X growth in sales.”
One fan wrote, βTake entrepreneurship to next level.β Another one reviewed Ravi’s product and wrote, βAn average product with over hyped marketing, most of their flavours do not freeze properly and some taste absolutely like chemicals. Marketing 10/10 but product is 5/10.β Many dropped fire emojis in the comments section.
On receiving funding from Shark Tank India, Ravi said in a statement, βWe are delighted to receive funding from Shark Tank India, it is a testament to our idea of creating disruption in the F&B industry with innovation and research. We plan to invest this amount to drive more innovation and introduce more refreshing flavours to the Indian market.β