Vold is an energy drink brand that is both tasty and affordable. Its main focus is to provide the best-quality energy drink in the market and compete with international players.
More About Vold Energy
Vold’s energy drinks contain Inositol which is a carbohydrate molecule vital for cell function. As per the brand, they use top-quality ingredients, no preservatives, and 5 vitamins to prepare their energy drinks.
Founder of Vold Energy
Devesh Mahesh Bochre is the founder and CEO of Vold Energy, an energy drink brand.
Vold Energy Drink Shark Tank Pitch and Updates
Devesh Mahesh Bochre appeared on Shark Tank India season 3 and shared details about his energy drinks brand Vold.
The founder’s story was featured with a video promo where he was seen talking about his career journey. As per Devesh, he was not interested in studying and wanted to start his own business. So, he dropped out of college and started looking for a business opportunity.
Devesh found a big gap in the energy drinks market and thus planned to start this business with an initial investment of just 5 lac rupees. He also shared how difficult it was to start a business with not much funds but he kept faith in his idea and somehow started Vold.
After that initial pitch, the founder demanded INR 50 Lakhs for 2% equity at a valuation of INR 25 crores.
After that, the Sharks started asking various questions about his brand:
- All the Sharks asked him to let them taste his products and then they will discuss further. The Sharks tasted the drink and liked it very much.
- Amit Jain asked the founder about the meaning of their brand name and why he chose such a name. He also discussed his marketing strategies and unit economics for the business.
- Vineeta Singh asked him why one more company tried selling energy drinks in India but failed so why his business would work.
- Aman Gupta appreciated the founder as he single-handedly built a brand from scratch and even started the sales.
- Anupam Mittal asked him about his future goals and how he will scale this business.
After all the discussion, the founder was able to receive only one investment offer from Aman Gupta. In the end, the founder accepted the offer and closed a deal with Aman Gupta.
| Company Name | Vold Energy Drink |
| Founders | Devesh Mahesh Bochre |
| Headquarters | Maharashtra |
| Founded Year | 2023 |
| Business | Energy Drink |
| Profitability | Yes |
| Shark Tank Episode | Season 3 – Episode 17 |
| Asked For | INR 50 Lakhs for 2% equity |
| Deal | INR 10 Lakhs for 10% equity with INR 40 Lakhs Debt at 3% Royalty Until INR 40 Lakhs Is Recouped |
| Sharks Invested | Aman Gupta |
| Valuation Given | INR 1 Crores |
| Website | Click Here |
Vold Energy Drink secured a deal of INR 10 Lakhs for 10% equity with INR 40 Lakhs Debt at 3% Royalty Until INR 40 Lakhs has Recouped at a valuation of INR 1 crore from Aman Gupta.
Frequently Asked Questions About Vold Energy Drink
After their appearance on Shark Tank India Season 3, people tried to find more information about Vold Energy Drink. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Vold Energy Drink?
Devesh Mahesh Bochre is the founder and CEO of Vold Energy, an energy drink brand.
2. Is Vold Energy Drink From Shark Tank India profitable?
Yes, Vold Energy Drink is a profitable energy drink brand. They had around 28% net margin on average monthly revenue of 6 lakhs at the time of their Shark Tank India pitch.
3. What happened to Vold Energy Drink after the Shark Tank?
Vold was able to secure a deal from Shark Tank India and now they will be looking for a co-founder to help them scale their marketing efforts.
4. What Is The Valuation of Vold Energy Drink?
Vold Energy Drink was able to secure an investment in Shark Tank India at a valuation of INR 1 crore.
