On the Tank
Rahul Daga, Yash, and Arpit Kabra from Mumbai founded Hungry Heads in 2013.
However, Yash passed away in 2018.
Why started Hungry Heads?
Maggie is everyone’s comfort food. With this in mind, Rahul, Arpit, and Yash started “Hungry Heads” in the year 2013. The goal is to establish Hungry Heads as the top concept restaurant in India.
Selling Maggie in 80 different flavors.
Shark Tank Recap
- Selling Maggie in 80 different flavors.
- To establish Hungry Heads as the top concept restaurant in India.
- ₹50 Lakhs in exchange for 5% equity (Valuation-10 crores).
- The placement of their brand name is amazing.
- As such, no deal was made on the tank.
Shark Tank Live
Ask
₹50 Lakhs in exchange for 5% equity (Valuation-10 crores). They plan to establish two additional stores and a central kitchen.
Demo Review
- Namita (PharMaa)- this maggie is amazing.
- Aman- outstanding food.
Business Model & sales
As of January 2022, they were managing only one restaurant, located in Mumbai.
Generated revenue of ₹20 Lakhs in the last 6 months and ₹5.5 Lakhs in the last month.
Additionally, 80% of the sales come from dine-in and the remaining 20% from food deliveries.
Feedbacks from the sharks
- Aman: The product lacks differentiation and does not fit the market.
- Vineeta: You need to learn more to run this business.
- Ashneer: A person selling Maggie in Manali Mall Road would have more sales than your restaurant.
- Anupam: Maggie isn’t possible in delivery.
- Namita(PharMaa): Since I work in the health care industry, I cannot relate to the product in question.
Deal
As such no offers were made to them.
Hungry Heads Beyond Tank tank updates
Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.