- Founder/Owner: Nilesh NandKumar Pasalkar, Savar Kantilal Oswal & Sangram Suresh Kamble
- Business: Coffee Chain
- Ask: ₹90 Lakhs for 3% Equity
- Valuation/ Networth: ₹30 Crores
- Funding: No Deal
- Sharks: No Deal
- Episode: Season 3 Episode 49
Kiosk Kaffee Shark Tank India pitch:
Kiosk Kaffee produces and sells premium tasting coffee at an affordable price. They appeared on Shark Tank India season 3 Episode 49. The starting price for the cup of coffee is ₹70 and they have products catering to all ages. They are also launching instant coffee and fresh premium coffee beans sales soon. They currently have 50 outlets and their vision is to serve everyone with affordable coffee. The founders sought an investment of ₹90 Lakhs for 3% of the company valuing the business at ₹30 Crores.
Kiosk Kaffee’s hero product is Kafe Frappe. They started in end do December 2020 during covid pandemic. The founders shared that their model works on opening around 250 square foot cafe’s where they can seat around 10-12 people at one time.
Kiosk Kaffee’s Revenue during Shark Tank India:
Kiosk Kaffee made a revenue of ₹8.40 Crores in FY22-23 with a net profit of 6.5%. The company is projecting to close this financial year FY23-24 at ₹11 Crores with a net profit of 9.5%. 10 out of 50 outlets are company owned and rest are franchise. 30% of the revenue comes from company outlets, 58% comes from raw material sold to franchises and rest comes franchise fees & Royalties.
Kiosk Kaffee charges ₹3 Lakhs for Franchise fees.
Kiosk Kaffee Shark Tank India Negotiations & Funding:
Peyush Bansal was the first shark to go out citing while this is a real problem its not yet investable. He suggested the founder to work on increasing revenue per outlet before taking an investment. Azhar and Aman shared the same sentiment and goes out. Vineeta goes out citing that its not yet investable. Anupam goes out citing there will be problem in maintaining margins in this business. Kiosk Kaffee walks out of the tank without a deal.
Who is the founder of Kiosk Kaffee?
Nilesh NandKumar Pasalkar, Savar Kantilal Oswal & Sangram Suresh Kamble founded Kiosk Kaffee. All the founders are college friends and graduated from Anantrao Powar college of Engineering, Pune.
How is Kiosk Kaffee doing after Shark Tank India?
Our research in the Kiosk Kaffee revealed that while they did not get a deal on the show, The company is still in business as of April 2024. They have increased their count since their shoot to over 70 outlets. We will keep you updates on the progress in future, in the meantime, you can check out other Shark Tank India product by clicking the Amazon button below!
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Source: Instagram @kioskkaffee
Here are other companies from Season 3 Episode 49.