In the latest episode of Shark Tank India Season 2, a company called Cakelicious caught the attention of investors with their innovative approach to baking. Here’s a closer look at what happened. Cakelicious’ Appearance on Shark Tank India: In Shark Tank India Season 2 Episode 35, Ruchi and Neha presented their product to the judges. They demonstrated how easy it is to use the cake stencil to create intricate designs on cakes. The judges were impressed with the concept and the potential for the product to be a game-changer in the cake decorating industry.
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Who is Cakelicious?
Cakelicious is a bakery that specializes in custom cakes for all occasions. What sets them apart is their use of 3D printing technology to create intricate designs and shapes. Their cakes are not only visually stunning but also delicious, with a wide variety of flavors and fillings to choose from. along with it is a start-up that specializes in creating innovative cake-decorating solutions. The company’s flagship product is a cake stencil that makes it easy for anyone to create professional-looking cake designs at home. The stencil is made of food-grade plastic and comes in a variety of designs and sizes.
The Cakelicious pitch
During their pitch, the founders showcased some of their most impressive designs, including a cake shaped like a car and another one that looked like a stack of books. They explained how 3D printing allows them to create these designs quickly and efficiently, without sacrificing quality.
The company was founded by two friends, Ruchi and Neha, who share a passion for baking and cake decorating. They realized that there was a gap in the market for easy-to-use cake-decorating tools and decided to create their own. the judges were also impressed with the founders’ passion and commitment to their product. They offered a deal of ₹25 Lakh for 20% Equity & ₹10 Lakh Debt @0% Interest in the company. Ruchi and Neha accepted the offer and left the show with a new partner and investor.
What sets Cakelicious apart
Cakelicious’ innovative cake stencil is a game-changer in the cake decorating industry. It makes it easy for anyone to create professional-looking cake designs at home, without the need for expensive equipment or professional training. The stencil comes in a variety of designs and sizes, making it versatile for different cake designs. It is also made of food-grade plastic, which is safe to use on food items.
The Sharks take the bait
The Sharks were impressed by Cakelicious’s innovative approach and the quality of their cakes. They were particularly interested in the potential for scaling the business through franchising and online sales. In the end, two of the Sharks decided to invest, offering a combined total of ₹25 Lakh for 20% Equity & ₹10 Lakh Debt @0% Interest stake in the company.
The future of Cakelicious
With the support of the Sharks, Cakelicious is poised for rapid growth. They plan to expand their operations both locally and nationally, with a focus on opening new franchise locations and increasing their online sales. They also plan to continue investing in 3D printing technology to stay at the forefront of the industry. Cakelicious’ founders are also passionate about their product and are committed to providing high-quality cake decorating solutions to their customers. They have a strong online presence and have received positive feedback from their customers.
Conclusion
Cakelicious’ appearance on Shark Tank India Season 2 Episode 35 was a success. The judges were impressed with the company’s innovative cake-decorating solution and offered a deal. Cakelicious’ cake stencil is a game-changer in the cake decorating industry and makes it easy for anyone to create professional-looking cake designs at home. With their new partnership and investment, Cakelicious is poised for growth and success in the coming years.