Spice Story is a brand of Indian chutneys and sauces that offers a wide range of delicious and spicy options for customers to enjoy. The company uses fresh ingredients like dhainya, a type of cilantro, in all of their products to ensure the best taste and quality.
Some of the most popular products offered by Spice Story include the Mumbai Schezwan Mayhem Deviled Eggs, Bombay Sandwich Chutney Cheesy Partha, Tamarind & Date Popsickle, and Indori Namak Pare. These chutneys and sauces are perfect for adding flavor and spice to a variety of dishes, including sandwiches, eggs, and snacks.
One of the unique things about Spice Story is the range of chutneys and sauces that they offer. They have a wide variety of options to choose from, making it easy for customers to find the perfect chutney or sauce for any dish. They also have a range of spicy chutneys that are perfect for those who love a bit of heat in their food.
In addition to the delicious chutneys and sauces, Spice Story also has a great story behind the brand. The company was started by a group of food enthusiasts who were passionate about creating the widest range of spicy and flavorful chutneys and sauces. They wanted to bring the taste of India to people all around the world, and that’s exactly what they’ve done.
If you’re looking for high-quality, delicious chutneys and sauces, Spice Story is the perfect choice. Whether you’re cooking a traditional Indian dish or simply looking to add some flavor and spice to your everyday meals, Spice Story has something for everyone. To purchase Spice Story’s products, you can visit their website or contact them on the given address Globalvalue food and condiments Pvt ltd, AWFIS co-working space, Saki Vihar road, Powai, Mumbai, Maharashtra 400072
Spice Story Product Details
Spice Story is a brand of Indian chutneys and sauces that offers a wide range of delicious and spicy options for customers to enjoy. The company uses fresh ingredients like dhainya, a type of cilantro, in all of their products to ensure the best taste and quality.
Some of the most popular products offered by Spice Story include:
Mumbai Schezwan Mayhem Deviled Eggs: This chutney is a perfect blend of schezwan sauce, red chili powder, and other spices that adds a unique and spicy flavor to deviled eggs.
Bombay Sandwich Chutney Cheesy Partha: This chutney is a perfect blend of mint, coriander, and other spices that adds a unique and refreshing flavor to sandwiches and parathas.
Tamarind & Date Popsickle: This chutney is a perfect blend of tamarind and date, which adds a sweet and tangy flavor to popsicles.
Indori Namak Pare: These chutneys are a perfect blend of various spices that adds a unique and spicy flavor to Namak Pare.
These chutneys and sauces are perfect for adding flavor and spice to a variety of dishes, including sandwiches, eggs, and snacks.
One of the unique things about Spice Story is the range of chutneys and sauces that they offer. They have a wide variety of options to choose from, making it easy for customers to find the perfect chutney or sauce for any dish. They also have a range of spicy chutneys that are perfect for those who love a bit of heat in their food.
In addition to the delicious chutneys and sauces, Spice Story also has a great story behind the brand. The company was started by a group of food enthusiasts who were passionate about creating the widest range of spicy and flavorful chutneys and sauces. They wanted to bring the taste of India to people all around the world, and that’s exactly what they’ve done.
If you’re looking for high-quality, delicious chutneys and sauces, Spice Story is the perfect choice. Whether you’re cooking a traditional Indian dish or simply looking to add some flavor and spice to your everyday meals, Spice Story has something for everyone.
 Spice Story Shark tank India season 2 episode 19
Spice Story is a brand that brings the flavors of the streets to your kitchen in the form of modern sauces. Founded in 2019 by Vibhor Rastogi, Soumyadeep Mukherjee, and Gayatre Gogate, the company aims to spread the taste of street food to every corner of India. The founders have a combined experience in distribution channels, FMCG, and the financial sector, with Soumyadeep having worked in five different countries and 19 different regions in India.
Spice Story’s sauces are available on their own website and on marketplaces such as SwiggyInstamart, Zomato, Big basket, Flipkart, Amazon, and more. They are also available in 1700 stores across 5 cities. The company has a vision to spread the flavors of the streets to each and every corner of the country.
In terms of equity distribution, Soumyadeep holds 38%, Gayatri holds 12%, and Vibhor holds 4% of the equity in the company. 21% of the equity is with the other two founding members, and 25% is with the investors. The unit price of the sauces is around 150 rupees.
In the Shark Tank India episode featuring Spice Story, the founders asked for 70 lakh rupees in exchange for 2% equity. They shared that in the financial year of 19-20, their sales were 1.5 crore rupees. In the financial year 20-21, the sales were 2.5 crore rupees. In FY 21-22, the sales were 4.1 crore rupees. Last month’s sales were 57 lakh rupees and their projected sales are 9 crore rupees. They have invested 65 lakh rupees of their own in the business and have raised two rounds of investment. In 2021, they raised 1.7 crore rupees at a pre-money valuation of 10.6 crore rupees. In 2022, they raised 3 crore rupees at a pre-money valuation of 23 crore rupees. The gross merchandise value is 57 lakh rupees and net revenue is 32 lakh rupees. They projected that revenue will be around 60 crores in the upcoming next two years.
In the Shark Tank episode, Namita offered 70 lakh rupees for 5% equity in the company. The remaining sharks stepped out of the deal. The deal was finally concluded with Namita for 70 lakh rupees in exchange for 5% equity in the company.
Overall, Spice Story offers a wide range of spicy and flavorful sauces made with fresh ingredients, bringing the taste of street food to your home. With a growing customer base and increasing sales, the company has a bright future ahead.
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