The Cinnamon Kitchen's Rise to Sweet Success on Shark Tank India Season 3 - Start-Up Hyderabad
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The Cinnamon Kitchen’s Rise to Sweet Success on Shark Tank India Season 3

 1 month ago    

In a standout episode of Shark Tank India Season 3, The Cinnamon Kitchen, a Delhi-based bakery, secured a pivotal investment of Rs 60 lakh from Aman Gupta, the co-founder and CMO of the renowned electronics brand boAt. Founder Priyasha Saluja’s presentation highlighted the bakery’s dedication to creating plant-based, organic, and gluten-free treats, impressing the sharks with the quality despite initial packaging concerns.

Founded in 2018 with an initial investment of just Rs 50,000, The Cinnamon Kitchen has flourished under Priyasha’s guidance. The bakery prides itself on offering a wide array of healthy indulgences, including spreads, snacks, cookies, cakes, and breads, attracting attention from Bollywood celebrities such as Sonam Kapoor, Arjun Kapoor, and Malaika Arora.

The inspiration behind The Cinnamon Kitchen stems from Priyasha Saluja’s personal health journey, overcoming PCOS and her dedication to a healthy lifestyle. From humble beginnings with annual sales of Rs 1,40,000, the bakery’s revenue skyrocketed to Rs 6 crore in the current fiscal year, showcasing remarkable growth.

During her pitch on Shark Tank India, Aman Gupta’s initial offer of Rs 10 lakhs for 2% equity, plus Rs 50 lakhs as a loan at 12% interest, was met with Priyasha’s preference for an equity-only deal. This led to a revised offer from Aman: Rs 60 lakhs for 5% equity, which Priyasha accepted, marking a significant leap forward for the bakery.

The sharks, including Vineeta Singh and Anupam Mittal, voiced concerns about the bakery’s packaging and branding strategies. Priyasha reassured them of her focus on quality and shared plans to enhance customer retention through product excellence. Addressing Shark Namita Thapar’s questions on expansion, Priyasha outlined strategies for broader distribution, improved shelf life, and partnerships, particularly targeting airport locations to reach a wider audience.

With sights set on expanding beyond Delhi to cities like Bangalore and Mumbai, and leveraging platforms such as Blinkit, The Cinnamon Kitchen is poised for greater national presence. The strategy to partner with airports highlights the brand’s ambition to dominate the healthy snack sector, catering to a market increasingly inclined towards mindful eating.

The success story of The Cinnamon Kitchen, propelled by Priyasha Saluja’s vision and resilience, stands as a beacon for entrepreneurs in the health-focused food industry. As the bakery embarks on its next phase of growth, it’s clear that The Cinnamon Kitchen is on a path filled with more achievements and wider recognition in the pursuit of healthy, guilt-free pleasure.

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Nethrikaa Greeshma

Hi, I am Greeshma Nethrikaa. I'm an engineer by day and a content writer by night!

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