Licksters offers popsicles with 80% fruit content, free from chemicals, in 30 flavors

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Sales grew from 9 lakhs in 2019-2020 to 65 lakhs in 2021-2022, aiming for 5 crores with franchise expansion

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80% of sales are under ₹100, with last month's sales at ₹14 lakh, profitable stores

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Gross margin: 50% in Franchise, 70% in their own store, ₹70 lakh from the store this year

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Offered ₹50 lakh for 5% equity, got ₹25 lakh for 5% equity and the remaining as debt from Amit Jain

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Other Sharks dropped out due to pricing, potential, or product concerns

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Founders are Parimal Kalikar from Nagpur and Dhivya Subburaju from Tamil Nadu, both with a background in hospitality

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Amit Jain accepted to invest after founders proposed improving the product and pricing, making an offer that was accepted by the founders

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