EatVerse is one of India’s fastest expanding cloud kitchens, straight from the heart of Kolkata.
More About EatVerse
EatVerse, which started as a bike delivery service, has now grown into a successful cloud kitchen serving multiple brands.
Some of their major cloud kitchen brands are:
- Santa Delivers
- Burger In-Law
- The Biryani Inc.
- Yaara Da Dhaba
- Asian Flare
- Bhaaja Fry, and more.
Founders of EatVerse
Harsh Kandoi, Pulkit Kejriwal, and Adarsh Choudhary are the co-founders of EatVerse, a multi-brand cloud kitchen.
EatVerse Shark Tank Pitch and Updates
Harsh Kandoi, Pulkit Kejriwal, and Adarsh Choudhary appeared on Shark Tank India season 3 and shared details about their cloud kitchen company EatVerse.
The founders started their pitch by sharing a scary story and then shifted the message towards the fact that they are here to kill the hunger cravings for Sharks through their cloud kitchen brands.
They started their journey with midnight food delivery but now they work 24 by 7 to provide tasty food.
As per the founders, they have scaled their business to 6 cloud kitchens and 1 base kitchen. Also, they have served more than 20 lakh orders in all these years. Customers can order their products from online food delivery apps including Swiggy and Zomato.
After that initial pitch, the founders demanded INR 1 Crore for 1% equity at a valuation of INR 100 Crores.
After that, the Sharks started asking various questions about their business:
- All the Sharks got to taste various food items and they loved the taste and presentation.
- Anupam Mittal suggested the founders think about their tagline ‘The Galaxy of Foodgasm’ and change it if possible.
- Ritesh Agarwal asked the founders to continue their story and share more about their backgrounds. He also asked them about their sales, revenue, and other important business details.
- Aman Gupta told the founders that he could also start a cloud kitchen brand in just a few days so what differentiation they have with their brand.
- Amit Jain wanted to know about their long-term plan as they have already scaled a lot and thus there are chances of the business getting stagnated.
After all the discussion, the founders were not able to receive any investment offers from the Sharks and thus no deal happened.
| Company Name | EatVerse |
| Founders | Harsh Kandoi, Pulkit Kejriwal, and Adarsh Choudhary |
| Headquarters | Kolkata |
| Founded Year | 2014 |
| Business | Cloud Kitchen |
| Profitability | Yes |
| Shark Tank Episode | Season 3 – Episode 29 |
| Asked For | INR 1 Crore for 1% equity |
| Deal | No Deal |
| Sharks Invested | No Deal |
| Valuation Given | No Deal |
| Website | Click Here |
EatVerse was not able to secure a deal in Shark Tank India because as per the Sharks, their business was not scalable and the vision was not clear for growing it further.
Frequently Asked Questions About EatVerse
After their appearance on Shark Tank India Season 3, people tried to find more information about the EatVerse. So here are some of the frequently asked questions about them.
1. Who Is The Founder of EatVerse?
Harsh Kandoi, Pulkit Kejriwal, and Adarsh Choudhary are the co-founders of EatVerse, a multi-brand cloud kitchen.
2. Is EatVerse From Shark Tank India profitable?
Yes, EatVerse is a profitable multi-brand cloud kitchen and as per their Shark Tank India pitch, they were forecasting an EBITDA of 6% for the Financial year FY 23-24.
3. What happened to the EatVerse after the Shark Tank?
EatVerse was not able to secure a deal in Shark Tank India. However, they are still operating their business in Kolkata and looking forward to scaling it further to become a national brand.
4. What Is The Valuation of EatVerse?
EatVerse came on Shark Tank India to raise an investment at the valuation of INR 100 Crores.
