Let’s Try snacks made a memorable pitch on Season 1, Episode 15 of Shark Tank India, showcasing its 100% pure groundnut oil and diverse range of snacks.
The founders, Nitin Kalra, Chitra Gupta, Neelam Kalra, and Geetanjali, sought ₹45 lakhs for a 2% equity stake. However, they struck a lucrative deal, securing ₹45 lakhs for a 12% equity share with Sharks Aman Gupta and Anupam Mittal.
On this page
Let’s Try snacks net worth
- Company Name: Let’s Try
- Founders: Nitin Kalra, Chitra Gupta, Neelam Kalra, Geetanjali
- Founded: May 2018
- Product: No Preservatives, 100% Groundnut Oil
- Business Status: In Business
- Headquarters: India
- Net Worth: ₹ 6.81 Cr. (estimated)
Also read – Altor Smart Helmet net worth After Shar Tank, Owner, Sales
Let’s Try snacks After Shar Tank
In the aftermath of their Shark Tank appearance, Let’s Try witnessed a significant surge in sales. As of January 2023, their annual revenue skyrocketed from 10 lakhs to a whopping 1 crore, reflecting the immense impact of their exposure on the show.
Let’s Try Funding
Let’s explore the key metrics of Let’s Try Foods, the internet-first brand of healthy snacks:
- Founded Year: 2021
- Location: Delhi, India
- Company Stage: Seed
- Total Funding: $170K
- Latest Funding Round: $170K, Seed, Jan 11, 2022
- Valuation: $1.41M as of Jul 22, 2022
- Annual Revenue: $143K as of Mar 31, 2022
Ownership Structure
Let’s Try Foods is closely held by its founders, with Nitin Vinod Kalra serving as the Co-Founder & CEO. The leadership team comprises Chitra Gupta, Geetanjali, and Neelam Kalra, who collectively steer the company towards success.
Conclusion
Despite facing stiff competition, Let’s Try Foods has established its position as a formidable player in the market. With 85 competitors and a 15th rank, Let’s Try Foods continues to thrive in the competitive landscape.
The journey of Let’s Try Snacks post-Shark Tank India is a testament to the brand’s resilience and entrepreneurial spirit. With a surge in sales, strategic funding, and a strong leadership team, Let’s Try Foods is poised for continued success in the dynamic snack industry.
