What is Theka Coffee?
Theka Coffee is a coffee company that serves you coffee in a beer bottle. Theka Coffee roasts its own coffee.
Bhupinder was tired of the same Americano, latte, and cappuccino everywhere. He wanted to make something different. That’s when he came up with the idea of Theka Coffee.
Some of their coffee products are,
- Palang Tod
- Coffee Ki Jawani
- Next Level
- Berry Piya
- Pataka Popcorn
- Chocolatey Patola
- Who’s The Gabru
Who is the Founder of Theka Coffee?
Bhupinder Madaan is the founder of Theka Coffee. He’s from Gujrat. He’s 28 years old.
He started working at a very early age of 14. He was involved in many businesses before Theka Coffee. He previously worked in the Momo and Paratha businesses.
Theka Coffee was his 8th business venture.
Theka Coffee Before Shark Tank India?
He started the company back in 2017. It has 45k followers on Instagram.
You can get a franchise of Theka Coffee. The investment starts from ₹15 Lakhs and you can find more information on their main website.
How much money did he ask for on the pitch?
He came to Shark Tank India seeking ₹50 Lakhs for 10% equity in the company Theka Coffee. Which gives the company a valuation of ₹5 Crores.
With the money, he wanted to add some automation to his business. He wanted to reduce manpower so that it could be scaled.
How much money did he raise for Theka Coffee?
He didn’t raise any money for Theka Coffee. He invested ₹5 Lakhs of his own money.
How to get Theka Coffee?
You can order Theka Coffee from Zomato & Swiggy.
Shelf Life of Theka Coffee products
|Bottle after opening
What are the Annual Sales of Theka Coffee?
|2018 – 2019
|2019 – 2020
|2020 – 2021
|₹30 Lakhs to date
Which shark gave Theka Coffee an offer?
Namita Thapar was out. She was troubled with the shelf life of the product. Shelf life was a big barrier while scaling the company. And she wasn’t much interested in the kiosk model.
Vineeta Singh was out. She thought the business wasn’t scalable.
Ghazal Alagh was out. She couldn’t add any value to the business.
Anupam Mittal was out. He thought the business wasn’t scalable. And also, the beverage business was tough out there.
Peyush Bansal was out.
What deal did Theka Coffee get in Shark Tank India?
Theka Coffee didn’t get any deal in Shark Tank India.
|₹50 Lakhs for 10%
|Company Net Worth
What is the net worth of Theka Coffee?
The net worth of Theka Coffee is ₹5 Crores.
Is Theka Coffee still in Business?
Yes, Theka Coffee is still in the coffee business.