Ishan Arora and Aamir Khan founded Delhi-based Catwalk Botanics which provides premium non-alcoholic spirits, infused with botanical ingredients.
The founders built Catwalk Botanics with a vision, to create a sophisticated alternative for those who enjoy the experience of cocktails without the buzz.
Perfect for social drinkers, designated drivers, and wellness-conscious consumers, they aim to replace sugary mocktails and caffeinated energy drinks at parties and bars.
Catwalk Botanics’ Monthly Sales: April 2024: ₹5 lakh, May 2024: ₹4 lakh, June 2024: ₹2 lakh, July 2024: ₹6 lakh, August 2024: ₹5 lakh, September 2024: ₹6 lakh, October 2024: ₹3 lakh.
The numbers fluctuate—which raised concerns about consistency and market demand. The sales data doesn’t yet show a strong upward trend.
On Shark Tank India, the founders sought ₹1 crore for 4.16% equity, valuing the business at ₹24.04 crore.
Their pitch revolved around three main selling points: Product mimics the taste of classic cocktails, zero-hangover experience, caters to a growing segment of mindful drinkers.
While the sharks did not invest, the founders walked away with valuable feedback on market positioning, branding, and business strategy.
Here’s what they need to focus on next: Boosting Sales Consistency, Expanding Consumer Awareness, Product Evolution.