Using solar-powered dehydrators to preserve fruits, vegetables, and flowers helps Raheja Solar Food Processing present a creative way to cut food waste. Retaining its original taste, colour, and nutrients, the dehydrators dry fruit without the need of additional sugar or preservatives. By extending the shelf life of goods for up to a year, this technique helps farmers cut post-harvest losses and preserve extra crops. Working with over 1,000 micro-entrepreneurs and helping more than 65,000 farmers, the company offers sustainable food processing solutions adding extra value for the agricultural community.
Company Name: Raheja Solar Food Processing
Founder: Varun and Babita Raheja
Product: Food processing equipment manufacturers
Highlights:
1. Using solar energy, the product dries fruits, vegetables, and flowers, therefore offering a green way to preserve food.
2. Without sugar or additives, the dehydration method preserves the naturally occurring taste, color, and nutrients of the vegetable.
3. The dried produce can last up to a year, therefore lowering post-harvest food waste.
4. Sustainable for Farmers: By converting extra produce into long-lasting, sellable goods, the method enables farmers to retain their excesses and create extra cash.
5. The company has worked with more than 65,000 farmers and teamed with more than 1,000 micro-entrepreneurs.
6. By offering a cheap, sustainable method of food preservation, the product seeks to lower food waste and strengthen farmers’ financial situation.
Pitch Details
Ask: ₹50 Lakhs for 1% Equity (Valuation: ₹50 crores).
Deal: After negotiations Vineeta Singh, Peyush Bansal and Kunal Bahl finished the deal at ₹1.25 Crores for 3.13% and 1.88 Advisory for Kunal ₹50 Lakhs for 1.25% and 0.75 Advisory for Peyush and Vineeta
Investors: The investment came from Vineeta Singh, Peyush Bansal and Kunal Bahl.
Conclusion: Ultimately, Raheja Solar Food Processing supports sustainability and helps farmers while providing a breakthrough way to fight food waste. Using solar-powered dehydrators creatively not only helps farmers to save losses and create extra cash but also preserves produce’s natural quality. The company has shown its promise by working with thousands of micro-entrepreneurs and helping farmers all around, therefore impacting the agricultural community. The money obtained on Shark Tank India confirms the scalability of the product and its promise of long-term social and financial advantages.
Key Takeaways from the Episode:
1. Market Understanding: Customize your offering to a particular customer demand, say smart wearables or nutritious breakfast foods.
2. Present clear income, growth estimates, and profitability in your finances.
3. Presenting your company should be confident, succinct, and persuasive.
4. Negotiate wisely; be flexible and investigate other offers.
5. Provide creative, useful answers to address actual issues.
6. Work with several investors if it will provide useful knowledge and resources.
7. Scalability: Emphasize well defined expansion and development plans.