Dil Foods Shark Tank India Seeing the colorful Business Pitch Promo of Business, we might have been reminded of State Food like The State Plate.
This Business Pitch does not contain Regional Snacks and Sweets, but Indian State Restaurant Foods. Shark Judge has highly praised such Indian Authentic Dishes Food Products. Let us discuss the complete details of this Dilwali business pitch of Dil Foods.
Contents
- 1 Dil Foods Business Vision
- 2 Dil Foods Founder
- 3 About Dil Foods – Bringing India To Your Plate!
- 4 Investment Guidance from Shark Judges on Dil Foods
- 5 Dil Foods Unit Economics (For Average Ooder Value @₹300)
- 6 Dil Foods Amount Raised Till Now (At Valuation of ₹75 Crore)
- 7 Deal Foods Shark Tank India Deal
- 8 Conclusion
Dil Foods Business Vision
Dil Foods Business Vision is to increase profits with Indian State Food Dishes by including small restaurants with its Hero Brand Categories and creating efficient business models for them.
Dil Foods Founder
Dil Foods Founder- Arpita Aditi
Dil Foods Founder Arpita Aditi, is a Biotechnical Engineer. In 2017, he worked for 2 years as National Partnership Manager at Swiggy. He had experienced successful food business and understood business leadership.
In 2020, Arpita started a business startup named Nutnbolt. In that he worked on Small Restaurants Operations and Marketing. Later, he incorporated all the learnings and created Dil Foods in 2022.
About Dil Foods – Bringing India To Your Plate!
Dil Foods – Bringing India To Your Plate! On the Shark Tank India Stage, the business pitch was presented with food dishes with names like House of Andhara, The Chaat Cult, khichdi Bar, Bihari bowl and Bhole ke Chole. In this, all the Shark Judges are seen praising the food.
Dil Foods is actually a B2B business of providing Dil Brands which helps the Restaurant Owners to build a big business by associating with them by creating and operating Virtual Brands to provide daily meals in Indian taste and adapt them to their food business structure.
Investment Guidance from Shark Judges on Dil Foods
New Shark judge Ritesh Agrawal, new Shark judge Radhika Gupta, shark Peyush Bansal, shark Aman Gupta, and shark Vineeta Singh. Vineeta Singh) is featured on stage in the Dil Foods Business Pitch Video.
When Shark Judge tasted food products from Dil Foods' Fresh Food brand, everyone liked the taste. New Shark Judge Ritesh Agrawal said, “Your Chaat is very good.
New Shark Judge Radhika Gupta was so happy that she praised it as “exactly the ghatwali feeling of Banaras”.
Dil Foods Business Statistics
- There are more than 65 Restaurant Partners working with Dil Foods and 111 Dil Foods Food Outlets.
- Dil Foods has generated more than ₹6 crore of incremental revenue for its associated restaurant partners.
- Dil Foods has expenses of ₹8 crore in FY 22 – 23, out of which there is an income of ₹7 crore and a cash burn of ₹1 crore.
- Dil Foods' sales in FY 23 – 24 (till oct) were ₹13.16 crore. And in FY 23 – 24 (Projected Sales) is ₹30 crore.
- Dil Foods' profit in FY 23 – 24 (till oct) has been ₹87 lakh. And the Projected Profit in FY 23 – 24 is estimated at ₹2.2 crore.
- Capital expenditure so far in Dil Foods has been ₹3.5 crore.
Dil Foods Unit Economics (For Average Ooder Value @₹300)
- Factory & Utilities – ₹4.88%
- Salaries – 11.97%
- Chef's Salaries – 1%
- Statistics & Miscellaneous – 1%
- Marketing Cost- 10.5%
- Swiggy & Zomato Commission – 22%
- Packaging Cost – 6%
- Restaurant Margin – 31%
- EBITDA- 11.65%
Dil Foods Amount Raised Till Now (At Valuation of ₹75 Crore)
- April 2022 – ₹1 crore
- Sept 2022 – ₹40 lakh
- Feb 2023 – ₹40 lakh
- July 2023 – ₹15.5 crore
Deal Foods Shark Tank India Deal
Dil Foods Business Final Deal – ₹2 crore for 2.67% equity ,Valuation – ₹75 crore with Dil Foods Business Final Deal New Shark Judge Ritesh Agrawal, New Shark Judge Radhika Gupta, Shark Peyush Bansal, and Shark Happened with Shark Vineeta Singh.
| Dil Foods Shark Tank India Episode Number | Shark Tank India Season 3, Episode 5 |
| Dil Foods Shark Tank India Episode Air Date | 26 January 2024 |
| Dil Foods Founder's Name | Arpita Aditi |
| Dil Foods Ask in Shark Tank India | ₹50 Lakhs For 0.5% Equity |
| Dil Foods Deal in Shark Tank India | ₹2 Crores For 2.67% Equity |
| Dil Foods Investors From Shark Tank India | Vineeta Singh, Radhika Gupta, Ritesh Agarwal, Peyush Bansal |
| Dil Foods Official Website | Dil Foods |
| Dil Foods Review | Dil Foods Review |
| Dil Foods Company Valuation | ₹75 Crores |
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Conclusion
Dil Foods Like Fresh Food which helps in creating a standard food business by connecting all the restaurants, it is the idea of making the best profit through an optimized use of resource.
The idea is to implement the New Market Need without wastage. But till now, on such standard parameters, in reality, food chain outlets also face different service challenges and food franchises are also not able to provide food in standard format.
From Shark Judge's multiple perspectives Food Industry Business But try to improve your understanding on this business category by creating your own case studies.