Consume the Range of goodness with HUMPY A2
2 years ago Nethrikaa GreeshmaHumpyA2 was formed in 2017 by Jaywant Patil, an IT professional, Malvika Gaikwad, a BE Information Technology graduate and Sanjay Deshpande is the Managing Partner and Chief Scientist at Fortytwo Labs LLP, as well as the startup’s Scientific Advisor and Mentor who entered the business with a mission to provide organic and pure products to its consumers. HumpyA2 is an Indian dairy brand recognized for its natural and innovative products. Along with A2 milk, they produce A2 paneer, ghee, curds, cheese, and other products in a natural way and all these items are made with traditional technology and are highly natural.
A2 is a type of protein found in milk that is more nutritious than A1, which is also found in regular cow’s milk. They offer milk in a glass bottle which usually begins with Rs. 267.
The company’s worth approximately is Rs. 18.75 crore where the traditional ghee costs Rs. 2000 per kg and the price of Vedic ghee is Rs. 3200/kg respectively. Their retention rate is over 93%. Their sales in the year 2020-21 were Rs. 250 lakhs, and in the present year 2021-22 up to 6 months, it is about Rs. 208 lakhs, with a predicted sales of Rs.400 lakhs for this year!
The promoters have asked Sharks for an investment of 75 lakhs at 4 percent equity. The Sharks are totally impressed but However, due to immense competition in the space, the majority of the Sharks declined to invest. Anupam and Namita are the first two Sharks to quit the investment race while Peyush and Ghazal showed interest in investing in HumpyA2 by offering a joint deal of 75 Lakhs for 10% equity. Vineeta joined the offer. Thus, HumpyA2 bagged and closed an offer for an investment of 1 crore rupees at 15% equity. let’s wish them the best of luck!
