Established in 2015, Bhaskar’s Puranpoli Ghar is a well-known restaurant specialized in a wide range of puranpoli, a classic Maharashtrian sweet flatbread. All made fresh without chemicals, preservatives, or fake essences, the brand provides over 24 kinds including coconut, dal, badam, dried fruits, and jackfruit puranpolis. Apart from puranpolis, they offer a broad assortment of snacks, condiments, pickles, papads, masala cuisine, dry fruits, and sweets. Bhaskar’s Puranpoli Ghar, with several outlets all throughout Maharashtra including Thane, Kandivali, Kalyan, and Pune, has gained popularity for real Maharashtrian cuisine.
Company Name: Bhaskar’s Puranpoli Ghar
Founder: Bhaskar KR
Product: Varieties of Puranpoli
Highlights
1.Specialty: They have more than 24 kinds of puranpoli, ranging from badam to seasonal tastes like jackfruit as well as dal, coconut, dry fruits.
2 .Focusing on ancient recipes, products are manufactured fresh free of preservatives, synthetic essences, or chemicals.
3. Along with puranpolis, they market appetizers, pickles, papads, masalas, dry fruits, and sweets.
4. Widespread presence: They have several outlets all throughout Maharashtra in towns such Thane, Kandivali, Kalyan, and Pune.
5. Shark Tank Appearance: Though valuation issues prevented investment, they pitched for ₹75 lakh for 1% stake.
6. Reputation: Well-known for serving real, excellent Maharashtrian food emphasizing taste and heritage.
7.Their items are easily available for regular use as well as for special events since they serve retail clients as well as events.
Pitch Details
Ask: ₹75 lakhs for 1% Equity (Valuation: ₹75 crores)
Deal: Shark showed interest but deal couldn’t happen.
Investors: NO DEAL
Conclusion
Bhaskar’s Puranpoli Ghar failed to gain any funding, according to the outcome of the Shark Tank India deal. The sharks thought the founders’ 1% stake request of ₹75 lakhs, which valued the company at ₹75 crores, was excessively exorbitant. They also questioned the product’s scalability in light of its localized appeal and the founders’ concentration on many businesses. Consequently, no agreement was reached, and every shark chose to opt out.
Key Takeaways from the Episode
· Know your valuation and be ready to justify it.
· Investors look for clarity, scalability, and commitment from founders.
· Balancing innovation with practicality is key to securing funding.