What Happened to Humpy A2 After Shark Tank India?

Spread the love

What is Humpy A2?

Humpy A2 is a one-stop solution for chemical-free, authentic, native food options. Foods nowadays have chemical residue, adulteration, anti-biotics hormone, etc. which is really bad for your health.

But where can you find authentic products for your daily life? There’s where Humpy A2 comes in place.

The Humpy A2 team has a big dream. They want to become the go-to farmer for every family and produce quality goods for them on a daily basis.

Who is the Founder of Humpy A2?

Vishal Chaudhari, Malvika Gaekwad, and Jaywant Patil are the founders of Humpy A2. They are from Pune.

How much money did they ask for Humpy A2?

They came to Shark Tank India seeking ₹75 Lakhs for 4% equity in their business. Which gives the company a valuation of ₹18.75 Crores.

Vishal & Jaywant used to work together, where Vishal was the reporting boss for Jaywant. But later they both wanted to make something on their own. So, they joined forces and started working together in Humpy A2.

Jaywant started doing organic farming himself and later decided to make this big with the help of his other associates. His story is also featured in textbooks. More than 2 million students read the story and sought guidance from Jaywant. Later some of them started their own organic farming as well.

How did the name Humpy A2 come?

Well, if you take a closer look at the Desi cows, they have a hump on their back. A2 is a type of protein found in milk. Combine these together, you get Humpy A2. Such a cool name don’t you think?

How to get these healthy foods at your doorstep?

There’s an application for Humpy A2. Just download & log in to the application. Check the food list and order anything you want from there. Fresh organic foods will be delivered to your doorstep without any hassle.

What are the Annual Sales of Humpy A2?

Fiscal YearAnnual Sales
2017 – 2018₹65 Lakhs
2018 – 2019₹1.98 Crores
2019 – 2020₹2.02 Crores
2020 – 2021₹2.50 Crores
2021 – 2022₹4 Crores

With ₹4 Crores annual sales, they are merely breaking even. They are not making huge profits but at the same time, they are not incurring losses either.

Currently, they are doing business only in Pune. But they have enough resources in some other cities also. If they get enough funding, they can start their operation in Mumbai, Delhi, Ahmedabad, Bangalore & Chennai.

Which shark gave Humpy A2 an offer?

Namita Thapar was out because she couldn’t find any differentiator in the business.

Anupam Mittal was out because to make this business profitable they needed to make more products. And when they do that, the differentiator A2 will go away.

Vineeta Singh was the first one to give an offer. She offered ₹50 Lakhs for 10% & ₹25 Lakhs debt at 12% interest.

Ghazal Alagh was interested in the business. She liked the fact that Humpy A2 provides certifications along with the products. She offered ₹75 Lakhs for 10%. Valuing the company ₹7.5 Crores.

Peyush Bansal thought there was technology needed in the company. He believes profit can be generated in two ways. One way is word of mouth and the other one is efficiency. Word of mouth comes from customer experience and efficiency comes from automation. Customer experience and automation both come from technology. He was interested in building the technology part of the business. That’s why he offered ₹75 Lakhs for 10%.

Offer 1Offer 2Offer 3
Vineeta Singh – ₹50 Lakhs for 10% & ₹25 Lakhs debt at 12% interestGhazal Alagh & Peyush Bansal – ₹75 Lakhs for 10%Vineeta Singh, Ghazal Alagh & Peyush Bansal – ₹1 Crore for 15%

Ghazal Alagh & Peyush Bansal combined the offer.

Company NameHumpy A2
FounderVishal Chaudhari, Malvika Gaekwad, and Jaywant Patil
Asked Amount₹75 Lakhs for 4%
Final Deal₹1 Crore for 15%
SharksVineeta Singh, Ghazal Alagh & Peyush Bansal
Company Net Worth₹6.67 Crores
Company Websitehumpyfarms.com
Company StatusIn Business

What deal did Humpy A2 get in Shark Tank India?

Then they made another offer. The offer was ₹1 Crore for 15%. There will be three sharks, Vineeta Singh, Peyush Bansal & Ghazal Alagh. Which gives the company a valuation of ₹6.67 Crores.

Spread the love

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *