Business
Imagine walking into the Shark Tank, knowing that you have an amazing product that can change the game in the health food and beverages industry. That's exactly what Ridhima Arora, the founder of Namhya food did. She stood in front of the sharks and with immense confidence pitched her product. Her confidence was palpable when She pitched her Ayurvedic health food product and asked for ₹1 crore for a 5% equity stake. Sharks bombarded her with questions about the feasibility of the product and even asked if it would actually work against diseases like Diabetes. But Ridhima held her ground. She had done extensive research all across India, exploring Ayurvedic ingredients and their quality. She knew that her product was not only unique, but also had the potential to be a game-changer.And as the negotiations progressed, something interesting happened. Ridhima didn't back down. She negotiated hard, and eventually settled for a deal of ₹50 lakh for 10% equity and ₹50 lakh in debt. It was a bold move, but it paid off.Since then, Ridhima has been making waves in the entrepreneurship world. Not only Namhya food has develop a strong brand identity for Namhya food but She was also featured in TEDx and Josh Talks, and is a member of ChangemakerXchange in the Global Changemakers 2021.In this episode of Build To Scale Ridhima shares the her story of entrepreneurship and lessons she learned along the way.