What Happened to Malaki After Shark Tank India?
What is Malaki?
Malaki is a beverage brand based in India. Malaki founders used local ingredients & natural resources to make the products.
There are many mixers available in Malaki. Such as coffee tonic, sparkling water, Ginger Ale, Tonic, and Spice Ginger Ale.
Who is the Founder of Malaki?
Mohit Bhatia & Ashish Bhatia are the founders of Malaki. They are brothers. They are from Mumbai.
Malaki Before Shark Tank India?
They started Malaki back in 2018. Malaki is available in 500+ hotels, restaurants & cafes. Their sparkling water is used in Singapore Airlines Business Class.
Currently, all the sales are coming from Mumbai. Next, they want to expand in Pune.
How much money did they ask for on the pitch?
They came to Shark Tank India seeking ₹50 Lakhs for 1%. Which gives the Malaki company a valuation of ₹50 Crores.
How much money did they raise for Malaki?
They raised ₹2.2 Crores on ₹15.5 Crores post-money valuation.
How to get Malaki?
One can get Malaki from 500+ hotels, restaurants & cafes. Malaki is available in different marketplaces like Swiggy & Zomato.
Price of Malaki
| Malaki 24k Gold Sparkling 330 ml | ₹899 |
| Sparkling Water 250ml | ₹60 |
| Tonic Water Can – Pack of 12 | ₹900 |
| Malaki Coffee Energy 250ml – Pack of 12 | ₹720 |
| Royal Edition Ginger Ale | ₹99 |
| Coffee Tonic 250ml | ₹99 |
| Mini Tonic Water 200ml | ₹35 |
| Mini Ginger Ale 200ml | ₹35 |
| Mini Spiced Ginger Ale 200ml | ₹35 |
| Malaki Packaged Drinking Water up to 8.4pH* Alkaline | ₹70 |
Unit Economics of Malaki
| MRP | ₹35 |
| Making Cost & Tax | ₹11 |
| Price to Retailer | ₹25 |
| Gross Margin | 56% |
| Net Margin | 13% |
What are the Annual Sales of Malaki?
The monthly sales of Malaki is ₹42 Lakhs.
| Fiscal Year | Annual Sales |
| 2020 – 2021 | ₹1.5 Crores |
| 2021 – 2022 | ₹2.7 Crores |
| 2022 – 2023 | ₹9 Crores Projected |
Which shark gave Malaki an offer?
Namita Thapar was out. She previously invested in a similar company called Beyond Water. That’s why she didn’t invest because of a conflict of interest.
Amit Jain was out. He thought the market of this business was too small.
Aman Gupta & Peyush Bansal were interested in the business. They offered them ₹50 Lakhs for 10%.
| Offer 1 | Offer 2 |
| Aman Gupta & Peyush Bansal – ₹50 Lakhs for 10% | Anupal Mittal – ₹50 Lakhs for 5% |
Anupam Mittal was also interested in the business. He offered them ₹50 Lakhs for 5%.
What deal did Malaki get in Shark Tank India?
Malaki got a deal from Aman Gupta & Peyush Bansal in Shark Tank India. The deal was ₹50 Lakhs for 3%.
| Company Name | Malaki |
| Founder | Mohit Bhatia & Ashish Bhatia |
| Asked Amount | ₹50 Lakhs for 1% |
| Final Deal | ₹50 Lakhs for 3% |
| Sharks | Aman Gupta & Peyush Bansal |
| Company Net Worth | ₹16.67 Crores |
| Company Website | malaki.in |
| Company Status | In Business |
What is the net worth of Malaki?
After the Shark Tank India deal, the net worth of Malaki is ₹16.67 Crores.
Is Malaki still in Business?
Yes, Malaki is still doing business with their tonic & sparkling water.
