Zorko is India’s fastest-growing affordable pure-veg fast food chain that helps people start a food business with ease. Zorko has extended their work in food manufacturing, HORECA supply, processing, health supplements, and more.
More About Zorko
Zorko ventured into the Quick Service restaurant business during the Covid-19 period and their concept was very simple to start with. After scaling their own business and dealing with various challenges, they came up with the franchise model.
Here are some other major insights about their franchise model:
- It has no royalty and no profit-sharing.
- They have in-house production of sauces, syrups, and premixes.
- They follow a chef-less kitchen model, low investment, and more such benefits.
Founders of Zorko
Amrit Nahar and Anand Nahar are the co-founders of Zorko, an affordable food franchise chain.
Zorko Shark Tank Pitch and Updates
Amrit Nahar and Anand Nahar appeared on Shark Tank India season 3 and shared details about their franchise business.
The founders started their pitch by sharing the details about their growth in the last 1.5 years with Zorko and how they have opened more than 150 outlets. Both the founders were very energetic and were in a fun mode.
As per the founders, they started with just one outlet and now have a chain of outlets in more than 42 cities and villages. In their outlets, they serve more than 80 types of food items at an affordable price.
The founder demanded INR 1.5 Crores for 1% equity at a valuation of INR 150 crores.
After the initial pitch, they served delicious food items to all the Sharks which all of them loved a lot. After having the food, the Sharks started discussing the details further as shared below:
- Ritesh Agarwal asked about their journey and how they started Zorko. The founder answered that satisfactorily and also shared that he was interested in investing money in OYO rooms.
- Peyush Bansal asked various questions related to their business model, franchise fees, and profit margins.
- Vineeta Singh was impressed by the founders but not much with their business model.
- Anupam Mittal also left the deal because he was not sure about their business process and further growth.
After all the discussion, Zorko received a combined offer from Ritesh Agarwal and Aman Gupta which they were not able to close at the final moment.
Company Name | Zorko |
Founders | Amrit Nahar and Anand Nahar |
Headquarters | Surat, Gujarat |
Founded Year | 2019 |
Business | Pure-veg fast food chain |
Profitability | Yes |
Shark Tank Episode | Season 3 – Episode 7 |
Asked For | INR 1.5 Crores for 1% equity |
Deal | No Deal |
Sharks Invested | No Deal |
Valuation Given | – |
Website | Click Here |
Zorko received an offer from Aman Gupta and Ritesh Agarwal but they were not able to close the deal.
Frequently Asked Questions About Zorko
After their appearance on Shark Tank India Season 3, people tried to find more information about Zorko. So here are some of the frequently asked questions about them.
1. Who Is The Founder of Zorko?
Amrit Nahar and Anand Nahar are the co-founders of Zorko, an affordable food franchise chain.
2. Is Zorko From Shark Tank India profitable?
Yes, Zorko from Shark Tank India is a profitable company and has a profit margin of 40% on a revenue of 30 crores.
4. What happened to Zorko after the Shark tank?
Zorko was not able to secure any deal from Shark Tank India but the founders were confident in their business to scale it further.
5. What Is The Valuation of Zorko?
The founders of Zorko came on Shark Tank India with a valuation of 150 crores but were not able to secure an investment.