In the new episode of Shark Tank India Season 3 Pizza Galleria also came to take funding for their startups. He came on the show across the country with a desire to open more than 500 outlets. In 2015, BTech dropout Sandeep Jangra tried to bring an authentic taste of Italian pizza in his hometown, Gohana, Haryana.
When the shark ate this pizza, its taste won everyone’s heart. At the same time, the sharks were surprised to know how to start their business. The Founders of the Startup told that they learned to do business by looking at the shark tank and then reached the shark tank to seek funding.
Shark tank india season 3 Pizza Galleria Ask 1 crore for 2% equity
Today, with more than 60 successful outlets, ‘Pizza Galleria’ co-founder Sandeep and Ishaan Chugh demanded Rs 1 crore for 2 percent equity. The goal of Sandeep and Ishaan is to make Pizza Galleria the country’s favorite ‘vegetarian pizzeria’.
Pizza Galleria will earn 16 crores this year
This startup achieved a revenue of Rs 8.5 crore in 2020-21. The next year, in 2021-22, the company revenue Rs 10.5 crore and then in 2022-23 he earned Rs 11.5 crore. This year the company is targeting sales of Rs 16 crore. This startup also opens its pizza store and also gives franchises.
Shark Sandeep Said
Our experience on the shark tank was unprecedented. Sharks’ response was incredibly valuable. We fully agree with their insight. We have already started implementing their suggestions and as a result have seen a tremendous increase. ” The goal of ‘Pizza Galleria’, especially vegetarian pizza, is “brick local, think global”.
Shark tank india 3 Pizza Galleri deal
Despite doing all this, the startup founder failed to deal with Shark and he did not get any funding. Founders could not explain their business properly to the sharks. At the same time, the sharks suggested him that he needs to understand the nuances of the business further, so that he can pursue his business.
Business increased rapidly after the show release
It has often been seen that after the shark tank of any startup comes on India, its business grows. Something similar was also seen with pizza Galleria. Sandeep said, “Since the broadcast of the show, we have seen a significant increase in our customer base, which has made Gohana proud.”
He, “The support we have received is fantastic and we are excited to continue the improvement as well as to achieve even more growth.” In 2015, Sandeep established Pizza Galleria inspired by the taste of Domino’s pizza, which not only competed, but also conquered veterans in select areas.