Founded by Rishabh Sachdeva & Parth Sachdeva Schickwheel is a manufacturer of custom food trucks, kiosks, and kitchen equipment.

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It is tapping into this demand by offering mobile kitchens designed for different business needs.

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Schickwheel specializes in custom mobile food solutions, providing businesses with: Food Trucks & Trailers, Kiosks, Kitchen Equipment, Carts.

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Revenue Breakdown by Product Category Food Trucks & Trailers: 35%, Kiosks: 35%, Kitchen Equipment: 22%, Carts: 8%.

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Average Selling Price for Each Product: Food Trucks & Trailers: ₹8.5 lakh, Kiosks: ₹7.5 lakh, Kitchen Equipment: ₹4 lakh, Carts: ₹2.5 lakh.

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Revenue Growth: FY19-20: ₹3.2. FY20-21: ₹3.4 Cr. FY21-22: ₹3.2 Cr. FY22-23: ₹5.5 Cr. FY23-24: ₹6.8 Cr. FY24-25 (till October): ₹6.5 Cr. Projected Revenue FY24-25: ₹15 crore

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The Sachdeva brothers entered Shark Tank India seeking ₹75 lakh for 1% equity, valuing Schickwheel at ₹75 crore.

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Shark Vineeta Singh was the first to make an offer, ₹75 lakh for 10% equity. Shark Aman Gupta offered to invest at a different valuation, ₹75 lakh for 5% equity.

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No deal was finalized. The sharks felt the company needed a more competitive pricing strategy and a clear path to higher profitability.

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