The latest episode of Shark Tank India 4 featured a series of exciting pitches, but one that stood out was from Savar and Tanisha, the founders of a catering business aiming to revolutionize the house party culture in India. They entered the tank with a strong vision of upgrading home gatherings with their premium catering services, ensuring that customers could host hassle-free, restaurant-quality dining experiences at home. Confident in their business model and growth potential, the duo presented their pitch and revealed that they were seeking ₹1 crore for 5% equity in their company.
To impress the Sharks, Savar and Tanisha served their best-selling food items, which left the panel highly impressed. Their culinary expertise and presentation skills were evident, making a strong case for their brand’s success. As the Sharks enjoyed the food, Aman Gupta, Vineeta Singh, and others started questioning them about their business operations, revenue model, and overall sales figures. The founders revealed that they had a solid profitability-focused approach, emphasizing that they wanted to grow their company without compromising on financial sustainability. Their focus on remaining a profitable business rather than aggressively burning cash to scale caught the attention of the investors.
Talking about the business, Savar said, “Being on Shark Tank India 4 was a fantastic experience, it gave us the opportunity to showcase our brand and receive valuable insights from some of the country’s top entrepreneurs. Our goal has always been to create a catering experience that is not just delicious but also personalized and sustainable, and we’re excited to take The House Party by Savar to the next level.”
During the conversation, Savar shared that his father runs a successful food company, which piqued Aman Gupta’s curiosity. Aman then questioned him about his branding choices, specifically asking why he chose to feature his own name in the company logo instead of leveraging his father’s well-established food business for added credibility. Savar defended his decision, explaining that he wanted customers to build trust in his personal brand rather than relying on his father’s name. However, Aman wasn’t fully convinced by this reasoning and jokingly asked, “Papa se koi ladai toh nahi?” (Is there a fight with your father?). His playful remark left everyone in splits, but it also highlighted the importance of branding and credibility in building a successful business.
As the pitch neared its conclusion, the Sharks carefully evaluated the business’s potential and growth strategy. After much deliberation, Ritesh Agarwal stepped forward and sealed the deal with an offer of ₹50 lakh for 5% equity, along with ₹50 lakh as debt at 8% interest for three years. The founders gladly accepted the deal, marking a significant milestone for their business.
With Ritesh Agarwal’s investment and mentorship, Savar and Tanisha’s catering brand is set to scale new heights. The episode not only highlighted their entrepreneurial journey but also sparked a discussion about family legacies, independent branding, and the power of strategic partnerships in the business world.