What Happened to JhaJi After Shark Tank India?
What is JhaJi?
JhaJi is a homemade startup that makes delicious pickles. Pickles are very popular in Bihar. The founders wanted to spread these pickles all over India. That’s how JhaJi was formed.
Some of their best-selling pickles are,
- Lal Mirch ka Bharua Achar
- Mithila Special Mango Pickle
- Oal Ginger Green Chili Mix Pickle
- Aam ka Sookha Bharua Achar
- Garlic, Ginger, Chilli Mix Pickle
All the pickles are sun-dried. There are no added chemicals or preservatives in the pickles.
Who is the Founder of JhaJi?
Kalpana Jha and Uma Jha are the founders of JhaJi. Kalpana is 52 & Uma is 51 years old. They live in Darbhanga, Bihar.
Equity split of JhaJi
| Kalpana Jha & Uma Jha | 65% |
| Kalpana Jha son | 20% |
| Uma Jha’s husband | 15% |
JhaJi Before Shark Tank India?
They started the company back in June 2021. More than 2500 people have tried JhaJi pickles.
It has 23k followers on Instagram.
How much money did they ask for on the pitch?
They came to Shark Tank India seeking ₹50 Lakhs for 10% equity in the company JhaJi. Which gives the company a valuation of ₹5 Crores.
With the money, they wanted to have more inventory. Because currently, they are low on supply. They have huge demands, but they can’t fulfill all of them.
They wanted to open a warehouse in Delhi. Having a warehouse will reduce the shipping cost drastically.
They wanted to add more products. They also wanted to do some marketing. They wanted to expand their business in other cities also.
How to get JhaJi pickles?
You can get all the JhaJi pickles on their main website.
Unit Economics of JhaJi
| Average order value | ₹600 |
| Marketing | ₹180 |
| Shipping cost | ₹140 |
| Making cost | ₹170 |
| Profit | ₹110 |
What are the Annual Sales of JhaJi?
Last month’s sale was ₹5.14 Lakhs.
Which shark gave JhaJi an offer?
Namita Thapar was out. She didn’t have any interest in the particular category.
Ashneer Grover was out. He advised them to grow their business more and earn more profit. Also, he advised them to give her son more equity and let him be the face of the company. That way raising funds would be easy for them.
Vineeta Singh was out. She thought the valuation was too high at the moment. She couldn’t help them grow the business also.
Aman Gupta was out.
Anupam Mittal was out. He wished them all luck.
What deal did JhaJi get in Shark Tank India?
JhaJi didn’t get any deal in Shark Tank India.
| Company Name | JhaJi |
| Founder | Kalpana Jha and Uma Jha |
| Asked Amount | ₹50 Lakhs for 10% |
| Final Deal | No Deal |
| Shark | No Shark |
| Company Net Worth | ₹5 Crores |
| Company Website | www.jhajistore.com |
| Company Status | In Business |
What is the net worth of JhaJi?
The net worth of JhaJi is ₹5 Crores.
Is JhaJi still in Business?
Yes, JhaJi is still in the pickle business.
