VS Mani and Co Has Raised ₹19 Lakh for 1% Equity and ₹41 Lakh Debt @10% Interest from Shark Tank India season 2. Namita Thapar invested in the startup. VS Mani & Co asked In Shark Tank India ₹60 Lakh For 1.5% Equity. 

Namita’s Offer

₹15 lakh for 1% equity and ₹45 lakh debt @ 10% interest, valuation ₹15 crore

Business Pitcher Offer

₹19 lakh for 1% equity and ₹41 lakh debt @ 10% interest, valuation ₹19 crore

Shark Namita closes the deal for ₹19 lakh for 1% equity and ₹41 lakh debt @10% interest.

About VS Mani & Co Business

VS Mani & Co Business wants to establish its traditional signature instant coffee and food items as Unique Food and Beverage Brand. GD Prasad, Yashas Alur and Rahul Bajaj are the co-founders of VS Mani & Company. VS Mani Business Brand is a tribute to the founders’ grandfather, V Subramaniam or VS, And every pack of VS is a way to honour his memory and mastery. He cherishes the memory of his grandfather and his work with every unit of production. The brand is a reminder of the magic in small joys, and they aim to deliver that magic to the customers.

The VS Mani & Co Business Brand story begins in a quiet, idyllic corner of Madras, where the founder lived with his parents and his grandparents, VS Thatha and Rajam Pati. From Thatha and Pati, he learned to appreciate the tender joys of living.

Joining Pati in melodious humming songs and banter with Pati while going about her work as they sometimes joined in the kitchen and made recollections of the supreme enjoyment of coffee is very close to the founder’s heart. Labour, employment, literature, good use of time, all these qualities of business have also been learned by the founder from his history. This is an introduction to a family business series resulting from a family upbringing.

VS Mani Business Equity Structure

GD Prasad – 45%

Yashas Alur – 14%

Rahul Bajaj – 14%

Angel Investor – 21%

Others – 6%

VS Mani Business Statistics:

  • Business was started in 2020.
  • VS-Mani has more than 50,000 happy customers.
  • Its price is ₹ 145, in which 10 cups of coffee can be made.
  • Initially VS-Mani-Co Business Sales FY 2020 – 21 – ₹15 Lakhs.
  • ₹ 1.2 crores in sales were done in FY 2021 – 22. Right now, this year, FY 2022 – 23 has done ₹ 2 crores, and the pagination is ₹ 7.5 crores.
  • September 22, ₹ 63 lakh sales were made.
  • 85% of sales are online, and 15% of VS-Mani-Co Sales come from offline.
  • Their customer repeat rate is 30%.
  • He raised an amount of ₹ 3.96 Cr @ ₹ 15 Cr in Mar 22.

Wanted to see, a list of startups who pitched in Shark Tank Season 2, Know more at https://wext.in/c/shark-tank/

Problem Solved By VS Mani & Co

Although numerous brands of coffee and snacks are on the market, one must travel to neighbourhood restaurants for South-specific coffee and nibbles. However, Vs Mani and Co. want to alter this. They offer a variety of goods, including South Indian filter coffee and various delicacies prepared from old-fashioned recipes, like banana chips and peanut chikki. Their interests can be found on their website, in supermarkets, on marketplaces like Amazon, and through fast commerce. Making Vs Mani. a well-known, genuine South Indian filter coffee and snack brand is their goal.

Please visit WEXT.in regularly for more details regarding Shark Tank India Season 2 updates. If you find this piece interesting, please forward it to your friends and leave feedback in the comment section.

A writer having expertise in writing Multiple Domains. An Enthusiastic writer with a passion for Reading and writing. A Dedicated Reader and Multi Dimension Writer in WEXT India Ventures. I'm creating highly informative content for WEXT India Ventures about Entrepreneurship and Shark Tank India.

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1 year ago

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