Shark Tank India Season 2 Makino Snack Business offers a unique snack experience by Nachos, Chips, Twist & Nuts. They have brought a unique presentation from their side in Food & Drink Industry which takes care of health along with taste. We will take this opportunity to learn about the business and discuss it through the specialty, price and business discussion of this business.
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Makino Snack Business Vision
Makino Snack Business Vision is that with the idea of new products to the Indian snack market, by giving it a new synonym in front of traditional Namkeen, it wants to grow it as a Healthy Household Brand in India.
| Makino Snacks Shark Tank India Episode Number | Shark Tank India Season 2, Week 9 Episode 41 |
| Makino Snacks Shark Tank India Episode Air Date | 27 February 2023 |
| Makino Snacks Founders | Ronik Patel |
| Makino Snacks Ask In Shark Tank India | ₹2 crores for 2% equity |
| Makino Snacks Deal In Shark Tank India | No Deal |
| Makino Snacks Company Valuation | ₹100 crores |
| Makino Snacks Investor Name | No Deal |
| Makino Snacks Official Website | Makino Snacks Website |
Makino Snack Business Founder
- Priyank Patel,
- Ankit Patel,
- Ronik Patel and
- Keval Patel
They all have come to pitch the business. Priyank Patel is the founder of the business.
Shark Tank India Season 2 Makino Snack Business is making a range of corn-based snacks in their products, which contain Zero Trans Fat, no MSG and Zero Cholesterol, they make recipes of products according to every mood. They are creating an authentic line of products with the flavors of cleanliness and global taste. They are responsible for creating Snack Time with Corn Oil and Easy to Digest Ingredient and its Nutrient Score.
About Makino Snack Business
Makino Snacks was established in 2019 with the goal of bringing healthy and delicious snacks to consumers. The brand began its journey with the production of Makino Nachos, Cornships and Corn Twist. The snacks made an immediate impression on consumers looking for healthier alternatives to traditional namkeen and chips.
The Makino brand is the brainchild of a group of Gujju brothers from Himmatnagar, a small town in Gujarat. Two brothers came up with the idea to start a brand that offers Mexican-inspired snacks. The brand name “Makino” is a combination of two words: “Corn” and “Kino”. Corn refers to corn, which is the main ingredient used in snacks, and Kino means “belonging to Mexico”. The brand’s vision is to make Makino a household name in India and replace the traditional crisps and namkeen with Makino Nachos and Nuts.
The Makino Snacks line comes in a variety of mouth-watering flavors such as Classic Cheese, Tomato Tangy, Sour Cream and Spicy Jalapeno. The snacks are made with the highest quality ingredients and are free of preservatives, artificial colors and flavors. The snacks are also low in fat, making them a healthier snack option.
The Makino Snacks product line includes Nachos, Corn Twist and Cornships. Nachos are a popular Mexican snack that has become a global favorite. Makino nachos are made from high-quality corn and come in a variety of flavors. Corn Twist is a crunchy, crunchy snack made with a unique twisting technique that gives the snack a distinct texture. Cornships are made from high quality corn and come in a variety of flavors.
Makino Snacks’ commitment to safety and hygiene extends beyond its manufacturing facility. The brand also ensures the safety of its teammates, who are responsible for turning Corn or Nuts into delicious Makino Packs that you consume. Hygiene is another matter the brand takes seriously and never compromises on hygiene at any cost.
Makino Snacks is present in more than 17,000 retail stores, all modern commercial and e-commerce chains in India, more than 20 airports with over 200 distributors and more than 15 countries. The brand has come a long way since its founding in 2019 and is now a solid team of 150 people.
Other Snack Businesses:
- Gladful Snack Shark Tank India Season 2 Episode 39
- The Healthy Binge Snacks in Shark Tank India Season 2
- Twisting Scoops on Shark Tank India: A Delicious Business Venture
- Cakelicious makes an appearance in Shark Tank India
Makino Snack Business Product
- Corn Snack Flavors
- Nachos Snacks
- Roasted Nuts
- Jain Snack Recipes
- Snack Gift Packs
Makino Snack Business Statistics
- Started Makino Snack Business in October 2018.
- India’s Nachos market size is ₹500 crore and India’s Potato market size is ₹25 thousand crore.
- Makino Snack Business Sales
- From April 2022 to August 2022, Makino sales of ₹ 12 crore were done. ₹ 2.65 crore sales were done in August 2022 only.
- Makino Sales in FY 2021 – 2022 was ₹18.84 Crore. FY 2021 – 2022 Burn was ₹ 1.97 crore.
- Makino Gross Margin used to be 55% to 60% before Pandemic and now it is 40%.
- Makino Snack Business Margin Split
- COGS – 60%
- Sales team – 13%
- Traveling – 2%
- Transportation – 13%
- Marketing – 12%
Shark Tank India Makino Snack Business Deal
Everyone found the valuation of Makino Snack Business very high and they have invested a lot of money in it. Due to a lack of data tally, the sharks do not make any offers to business pitchers.
Conclusion
After this Shark Tank India Season 2 Makino Snack Business review, combine it with Shark Tank’s other food business review posts to compare a practical case study and ask questions about what you think about investing in it. After seeing various comments of business sharks of the same industry, understanding their online platform and product, we are getting opportunities to understand many questions and answers from business point of view.
From your point of view, we would like to propose a learning activity to work with these businesses with a view to practically see the business startup. You can take this chance on this platform to have a conversation in Hindi and easy language.