Patil kaki has raised INR 40 Lakhs for the equity of 4% from Shark Tank India season 2. The valuation of the company is 10 crores. Patil Kaki Asked for ₹40 Lakh for 2.5% Equity.
Shark Anupam offered ₹40 Lakh for 4% equity, Company Valuation – ₹10 Crore. Then Shark Vinita offers ₹40 Lakh for 10% equity, Company Valuation – ₹4 Crore. After that, Shark Peyush and Shark Anupam offered ₹40 Lakh for 4% equity, a Company Valuation – of ₹10 Crore.
Business Pitcher closes the deal with Shark Piyush and Shark Anupam’s offer – ₹40 Lakh for 4% equity, Company Valuation – ₹10 Crore.
About Patil Kaki
Patil is famous for Kaki Traditional Maharashtrian Snack. Patil Kaki Business sells this business Ladoo, Chakli, and Namkeen such homemade food products. Ukdiche Modak, Pooranpoli, Bhajani, and Chivda, which are specially made in Marathi homes, are best sellers. A home business we often overlook, but this business has inspired many women in India by positioning itself as the Internet’s Favorite Authentic Snacks Brand.
Geeta Patil is the founder of this business. His son Vineet Patil and his friend Darshil Savla joined this website-building business and now work full-time in this business.
Hundreds of Farsan packets have been sent to PAN India from Patil Kaki Business Delivery Model, and everyone calls them by the name of Patil Kaki. Geeta Patil started this business in 2017 when her husband stopped working. He was very fond of cooking. Initially, he used to make and sell traditional food products of Maharashtra from house to house. Business was created in 2020 to expand it. This business is located in Mumbai. This business has been highly appreciated on the internet and social media as a home-started business with a crore sales turnover.
Business has fed its snacks to 20,000+ customers. Business started with just ₹5000. Kaki’s Business Sales Turnover is around ₹ 3 Crore. FY 2021 – 22 ₹ 1.4 crore sales were made, and FY 2022 – 23 ₹ 1.02 crore sales were made. The projected sales for FY 2022 – 23 are estimated at ₹3 crores. Patil Kaki Business became profitable in August 2022 with ₹6.5 Lakh profit. The Average Selling Price is ₹650.
The shelf life of all snacks is 25 to 30 days. Packing with technology can increase its shelf life by 2 to 2.5 months.
Product has Making Cost – 25%, Packing – 5%, Delivery – 15%, Marketing – 30% and Margin – 25%.
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Problem Solved by Patil Kaki
A great business case study has been presented for India by connecting home food with all food delivery partners and bringing it to a large business scale. We see many home started businesses. But only some companies can be built on such a large scale. Patil Kaki provides affordable local snacks to people at an affordable price. The Patil Kaki startup solved the availability of local snacks problem.
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