Aqua Peya, founded in 2018 by brothers Ravi Rajesh Mundada and Tushar Rajesh Mundada, is a fast-growing name in the Indian packaged beverage industry

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Initially focused on mineral water, has expanded into ready-to-drink beverages, products in six categories, including cumin soda and flavoured drinks

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Operating from a 40,000 sq. ft. manufacturing unit in Kavalapur, Maharashtra, Aqua Peya’s products are available at 9,700 outlets across India

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It is being distributed through 90 channels, reaching 50,000 customers daily

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Their flagship product remains bottled water, 75% of their revenue, followed by cumin soda at 13%, with the remaining 12% coming from other beverages

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Aqua Peya’s 2024 Sales: ₹9 Crores. 2025 (Projected): ₹12 Crores, with ₹4.5 Crores already achieved by October-November. It maintains a 5% net profit margin before tax

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The Mundada brothers made their Shark Tank India debut, seeking ₹70 Lakhs for 2% equity, valuing the company at ₹35 Crores

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After some deliberation, Namita and Ritesh joined forces, offering ₹70 Lakhs for 3% equity with a 1% royalty until the ₹70 Lakhs was repaid

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The Mundada brothers accepted, sealing a deal that valued the company at ₹35 Crores

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Future Plans for Aqua Peya are to Expand Distribution Channels, Enhance Product Line and Invest in Branding

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