In Shark Tank India 3, Episode 19, the founders of Toffee Coffee Roasters approached the shark’s panel, seeking an investment of $72.2 thousand (₹60 lakhs) for 2 percent equity.
Rishabh and Nandini, founders of Toffee Coffee Roasters, presented their innovative startup idea to sharks. Toffee Coffee Roasters offers a variety of coffee flavors to their customer. Interestingly, these coffees are sourced from various coffee regions across the world.
Further, the founders disclosed that they have the vision to help people experience the finest grown coffee across the world, which is artistically and freshly roasted. During the episode aired, sharks also tasted the coffee and complimented it.
As per the brand’s official website, their coffee has been rated as the top coffee spot in town by Zomato and WhatsHot. Moreover, they claimed that they will only sell coffee less than 48 hours out of the roaster to our guests so they may enjoy coffee at peak flavor.
At the end of the episode, the founder and CEO of OYO Rooms has sealed the deal with the Toffee Coffee Roasters. The deal is closed at $42 thousand (₹35lakh) for 2.33 percent equity. Additionally, Ritesh offered a debt of $30 thousand (₹25 lakh) at 10 percent interest for three years.
Toffee Coffee Roasters on Shark Tank India Season 3: Where to buy, price & more
Further, Toffee Coffee Roasters claims that they will only use the finest, most delicious, and responsibly sourced beans worldwide. Moreover, the brand offers a variety of categories, including single-origin coffees, specialty blend coffee, barrel-aged coffees, and cold brew. Along with coffee, they also offer some accessories such as coffee mugs, plastic drippers, grinders, and more. Additionally, they have tied up with various brands such as Timemore, Hario, Origami, and others.
The price range of each category varies. However, the starting price range of each category is as follows:
- Speciality Instant Coffee starts from $4.20 (₹349).
- South Indian Filter Coffee starts from $2.40 (₹199)
- Cold Brew Coffees starts from $5.90 (₹490)
Aside from these, Toffee Coffee Roaster also deals in sampler packs including Medium Roast, Medium Dark Roast, Fermented Coffee, and more.
Meanwhile, you can add your favorite flavored coffee to your cart if you want to purchase it.
