Cakelicious is an Indian cake startup known for selling tub cakes in 30 flavors, ensuring freshness and protection from smuggling
The company operates 2 cloud kitchens and 1 retail store, delivering cakes via e-commerce and their website
Cakelicious sells around 500 cake tubs each month and has served over 200,000 customers since launching
The founders sought ₹25 lakhs for 5% equity during their Shark Tank pitch, valuing the company at ₹5 crores
The cake recipes are based on a 90-year-old method, passed down from Duriya's mother, and contain no preservatives or premixes
Cakelicious has recorded monthly revenues of ₹2-3 lakhs and boasts a high repeat customer rate of 80%
Despite a commitment from Amit Jain, the deal did not finalize post-show, but the company continues to thrive and expand its product line
Cakelicious has partnered with several cafes nationwide and has also launched macarons available in bulk for events and parties