Launched in March 2021 by Paurav Rastogi and Shamin Kapoor, speed Kitchen provides ready-to-operate cloud kitchens

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The company helps food brands start their operations in just four days with minimal capital investment

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Operating in four cities with over 15 locations, Speed Kitchen currently hosts more than 50 brands running from 130 kitchens

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Their clients range from household names like Haldiram and Chaayos to startups like the Shark Tank-funded Daryaganj

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The company’s exceptional growth since its inception: FY22-23 Revenue: ₹1.51 Cr, FY23-24 Revenue: ₹3.25 Cr, Projected FY24-25 Revenue: ₹5–₹5.5 Cr

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With ₹3.5 Crores in the bank and a total CapEx of ₹1.5 Crores, Speed Kitchen operates efficiently while maintaining steady profitability

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The founders entered Shark Tank India seeking ₹2.5 Crores for 10% equity, valuing the business at ₹25 Crores

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They countered with two proposals after sharks offers: ₹2 Cr for 4% equity, valuing the company at ₹50 Crores. ₹2.5 Crores for 5% equity, at ₹50 Crores valuation

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Eventually, all sharks except Aman came together to make a collective offer of ₹2 Crores for 6% equity, valuing the company at ₹33.33 Crores

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With funding from Shark Tank India, Speed Kitchen plans to: Expand, targeting high-density urban areas. Improve operational model, enhance partnerships

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