What Happened to Where’s The Food After Shark Tank India?
What is Where’s The Food?
Where’s The Food is a budget-smart restaurant chain based in India. It has a simple menu. 75% of items on that menu have standard pricing. You won’t break the bank dining in the restaurant.
You will get the food, ambiance, and environment all in one place. It has 4 secret sauces. All the outlets use the same sauce. So, there’s no difference in food across these outlets.
Who is the Founder of Where’s The Food?
Sayan Chakraborty is the founder of Where’s The Food. He’s from Kolkata. He wrote a book called “Start Up As I Saw It”.
Where’s The Food Before Shark Tank India?
He started the brand with his 2 other friends. His friends later left the company. Now Where’s The Food has 4 branches in Kolkata. The price of the 1st food item was ₹69.
He wanted to brand the company in such a way that people could easily remember the name. It has 3.5k followers on Instagram.
During the pandemic time, Sayan introduced a candlelight dinner at ₹149. That way he saved the electricity cost.
How much money did he ask for on the pitch?
He came to Shark Tank seeking ₹75 Lakhs for 5% equity in the company Where’s The Food. Which gives the company a valuation of ₹15 Crores.
Price of Where’s The Food
| General Dishes | ₹149 |
| Fish | ₹199 |
| Prawns | ₹249 |
Unit Economics of Where’s The Food
CapEx for a restaurant is ₹4 ~ ₹5 Lakhs. Sales per outlet are ₹5 ~ ₹5.5 Lakhs. Net profit is 30%. The table turnover of Where’s The Food is 30 – 45 minutes.
Sales split of Where’s The Food
| Restaurant | 80% |
| Home delivery | 20% |
What are the Annual Sales of Where’s The Food?
| Fiscal Year | Annual Sales |
| 2022 – 2023 | ₹2 Crores Projected |
Which shark gave Where’s The Food an offer?
Peyush Bansal was out. He thought there’d be issues scaling the company.
Namita Thapar was out. She agreed with Peyush Bansal.
Amit Jain was out. He thought the founder wasn’t ready to listen. It’s hard to work with a founder like this.
Anupam Mittal was out. He agreed with Amit Jain.
Aman Gupta was out.
What deal did Where’s The Food get in Shark Tank India?
Where’s The Food didn’t get any deal in Shark Tank India. But all the sharks liked the food.
| Company Name | Where’s The Food |
| Founder | Sayan Chakraborty |
| Asked Amount | ₹75 Lakhs for 5% |
| Final Deal | No Deal |
| Shark | No Shark |
| Company Net Worth | ₹15 Crores |
| Company Website | None |
| Company Status | In Business |
What is the net worth of Where’s The Food?
The net worth of Where’s The Food is ₹15 Crores.
Is Where’s The Food still in Business?
Yes, Where’s The Food is still in the food business.
