Ice is a vital part of our daily lives, whether we are using it for drinks or for keeping our food fresh. However, most people do not give much thought to the quality of the ice they are using. This is where Dr. Cubes comes in. Dr. Cubes is a company that has a vision to change the way the ice industry has been functioning for decades. They provide high-quality, frozen but fresh ice to customers, making sure that the ice they are using is of the best possible quality.
Dr. Cubes is more than just an ice delivery company. They offer a range of products that are designed to meet the needs of customers from all walks of life. Whether you are a business owner or an individual, Dr. Cubes has something for everyone. Some of the products they offer include:
Ice Cubes: Dr. Cubes provides high-quality, pure ice cubes that are perfect for keeping drinks cool. Their ice cubes are made using purified water, ensuring that they are free from impurities and contaminants.
Crushed Ice: Crushed ice is a popular choice for cocktails and smoothies. Dr. Cubes provides high-quality crushed ice that is perfect for making drinks that require a finer texture.
Ice Blocks: Ice blocks are ideal for use in larger coolers or for keeping food items cool during transportation. Dr. Cubes provides high-quality ice blocks that are designed to last longer and provide better cooling.
Dry Ice: Dry ice is a type of ice that is used for a variety of purposes, including preserving food items during transportation. Dr. Cubes provides high-quality dry ice that is perfect for businesses and individuals who need to transport food items.
What sets Dr. Cubes apart from other ice delivery companies is their commitment to providing high-quality, frozen but fresh ice. They use state-of-the-art technology to ensure that their ice is of the best possible quality. Their ice is made using purified water, and they use a special freezing process that ensures that the ice is frozen quickly, which helps to preserve its freshness.
Another thing that sets Dr. Cubes apart from other ice delivery companies is their commitment to sustainability. They use eco-friendly practices in their production process and are committed to reducing their carbon footprint. They also use biodegradable packaging for their products, which helps to reduce waste.
One of the other benefits of using Dr. Cubes is their delivery service. They offer same-day delivery to customers in select cities, making it easy for businesses and individuals to get the ice they need quickly and efficiently. They also offer online ordering, which makes it easy for customers to place orders from the comfort of their own homes.
Overall, Dr. Cubes is a company that is changing the way the ice industry has been functioning for decades. They provide high-quality, frozen but fresh ice to customers, and they are committed to sustainability and eco-friendly practices. With their range of products and delivery options, they make it easy for businesses and individuals to get the ice they need quickly and efficiently. If you are looking for high-quality ice that is frozen but fresh, Dr. Cubes is the perfect choice.
Shark Tank India: Dr. Cubes Complete Review
Dr. Cubes is an ice delivery company with a mission to change the way the ice industry functions. The company’s founder appeared on Shark Tank India in Season 2, Week 9, Episode 42. The founder asked for an investment of ₹80 Lakh for a 15% equity stake in the company. The Sharks, however, did not make an offer.
Dr. Cubes’ business vision is to provide authentic and high-quality ice products by adhering to food standards. The company aims to build an ice delivery brand that is synonymous with quality and reliability. It aims to disrupt the traditional business model of selling low-quality ice made from dirty water.
Dr. Cubes offers a range of ice products, including ice cubes, block ice, dry ice, and crushed ice. The company has a network of warehouses and delivers products directly to customers. The company’s products meet the highest standards of the ice industry.
Dr. Cubes has been in operation since December 2017 and has sold 1.2 crore kg of ice so far. The company has 2.5 lakh customers. The ice market size in Bangalore is estimated to be around ₹250 Crore.
Dr. Cubes’ yearly sales have been steadily increasing. In FY 2018 – 2019, the company had sales of ₹50 Lakh. In FY 2019 – 2020, sales increased to ₹1.2 Crore. In FY 2020 – 2021, sales were ₹76 Lakh, and in FY 2021 – 2022, sales were ₹1.10 Crore. For FY 2022 – 2023, the company projected sales of ₹2.5 Crore.
The company has a gross margin of 45% for wholesale and 60% for retail. Its net margin is 35%.
During the Shark Tank India episode, the Sharks discussed the challenges involved in scaling the business. They expressed concerns that the product’s high cost would limit demand, making it difficult to scale the business. The Sharks did not make an offer to invest in Dr. Cubes.
In conclusion, Dr. Cubes is a company that is disrupting the ice industry by providing high-quality, food-certified ice products. The company has a loyal customer base and is steadily increasing its sales. However, the Sharks on Shark Tank India were not convinced that the business could be scaled effectively, citing concerns about the high cost of the product. Overall, Dr. Cubes presents an interesting case study on margin in cold chain supply management businesses.