Anuva Kakkar Tiggle founder brought some yumminess to the table with her special chocolate drinks. Chocolate is someone’s first love while someone’s way to impress their first love. Chocolate lover Anuva Kakkar started her journey into chocolate drinks after she got to know that no one has tapped the market deeply yet. Tiggle is the result of a passionate founder revolutionizing chocolate drinks in India. Anuva Kakkar impressed the sharks with clarity in numbers and clear vision. Shark Amit Jain and Piyush Bansal were impressed by her pitch and gave her the final deal.
Who Is Tiggle Founder? Anuva Kakkar Biography, Age, Instagram, Facebook Profile, Education & Career
Anuva Kakkar is the founder of Tiggle Chocolate Drinks. She is currently 25 years old and pursuing full-time into Tiggle and with her YouTube channel as well. Passionate for entrepreneurship, Anuva started experimenting with some college-based projects and business ideas on her own. She graduated from Banasthali Vidyapith with a Bachelor of Business Administration in 2019. During her graduation, she did an internship with Larsen & Turbo for two months. In her final year, she worked as a student volunteer with the Atal Incubation Centre gaining some new experience.
Name: Anuva Kakkar
Age: 25 years old
Gender: Female
Education: Bachelors in Business Administration
Alma Mater: Banasthali Vidyapith
Profession: Entrepreneur
Known As: Founder & CEO of Tiggle
Nationality: Indian
Shark Tank Offer: Rs. 50 Lakhs for 20% equity and 2% royalty until Rs. 1 Crore is recouped.
Deal With: Shark Peyush Bansal, co-founder and CEO of Lenskart.com, and Shark Amt Jain, Co-founder & CEO of CarDekho
Anuva got her first full-time job as a content creator with AglaSem for seven months. However, she wanted to pursue marketing so she shifted to HustlePost Academy as a Marketing Manager freelancer. Now Along with Tiggle, Anuva also manages her YouTube Channel. She shares her views and opinions about the topics she is interested in.
Anuva’s journey to Tiggle started at the age of 21 when she went to a popular metro station to test her hot chocolate as a product. She was nervous but got her hot chocolate sold completely. Tiggle got incorporated in 2021. Anuva tested cocoa from 50+ South Indian cocoa farms and prepared her best-tasting hot chocolate, iced chocolate, and many other products vegan and dairy-friendly.
Tiggle Revenue
Tiggle had a customer base of 37,000 coming majorly from their official website and Amazon. Starting in 2020, Tiggle has the following revenue in FY 2023-24:
April 2023: Rs. 5.9 Lakhs
May 2023: Rs. 6.5 Lakhs
June 2023: Rs. 8.9 Lakhs
July 2023: Rs. 11 lakhs
August 2023: Rs. 12.6 Lakhs
September 2023: Rs. 12 Lakhs
The company has been running with 65% of the gross profit and is completely bootstrapped and profitable.
Anuva Kakkar Tiggle Founder Shark Tank Story
Anuva presented her business pitch on Shark Tank Season 3 with an ask for Rs. 50 Lakhs for 5% equity. She got her first offer from Shark Amit Jain for Rs. 20 Lakhs for 5% of equity and Rs. 30 Lakhs debt with a 15% interest rate for three years. Shark Peyush was not satisfied with this so he offered Rs. 50 Lakhs for 20% equity with 1% royalty on profit until Rs. 1 Crore is recouped.
Later, Peyush revises the offer to include Amit Jain in the offer. They both gave the same offer together that Peyush offered for the first time. However, the royalty shifts from 1% to 2%. Anuva accepted the deal for Rs. 50 lakhs for 5% equity and 2% royalty until Rs. 1 Crore is recouped from Shark Peyush Bansal, Co-founder and CEO of Lenskart, and Shark Amit Jain, CEO & CoFounder of CarDekho Group.
Anuva Kakkar Instagram & Facebook Profile
Anuva Kakkar’s Instagram is @anuvaaaakakkar. While Tiggle’s Instagram account goes by the username @thetiggle_. You can follow her for more updates on her Instagram account about her business and life. She uses Facebook and LinkedIn as well with the username Anuva Kakkar. Keep reading with Charchatimes for more information.
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