Namhya Foods Update | Shark Tank India Season 1
Namhya Foods sells Ayurvedic health food, mostly tea blends, breakfast cereals, and lattes made without preservatives. Ridhima Arora started the brand in Jammu and Kashmir after developing recipes to help her father manage a chronic illness. She left an engineering job to run the company full-time and built it around traditional Ayurvedic ingredients.
Namhya Foods on Shark Tank India Season 1
Ridhima Arora pitched Namhya Foods in Season 1. The sharks present on the panel included Aman Gupta, Anupam Mittal, and others.
| Detail | Info |
|---|---|
| Ask | ₹1 crore for 5% equity |
| Implied Valuation | ₹20 crore |
| Deal | ₹50 lakhs equity + ₹50 lakhs debt for 10% |
| Deal Valuation | ₹5 crore |
| Season | 1 |
| Investing Shark | Aman Gupta |
The Pitch
Ridhima asked for ₹1 crore in exchange for 5% equity, valuing Namhya at ₹20 crore. She pitched the brand as India’s first Ayurvedic food startup, focused on blends that addressed specific health concerns like PCOS, thyroid issues, and immunity.
At the time of the pitch, Namhya had built its business largely on direct-to-consumer channels. Revenue for FY22 came in around ₹1.25 crore. The products were available online and Ridhima had managed the business mostly alone from Jammu.
What the Sharks Said
Multiple sharks showed interest but pushed back on the ₹20 crore valuation. Aman Gupta made an offer of ₹50 lakhs in equity plus ₹50 lakhs as debt, in exchange for 10% equity. Anupam Mittal also had interest, but Ridhima went with Aman’s offer.
The deal restructured the original ask significantly, both in valuation (down to ₹5 crore) and in structure, with half the investment coming as debt rather than equity.
What Happened After
The deal with Aman Gupta closed. With that backing, Namhya expanded distribution beyond India into the UAE, Australia, the US, and Canada. The company’s book net worth grew by over 80% year-on-year in the period following the show, and EBITDA margins improved as well.
Ridhima continued running the brand from Jammu. Namhya added new SKUs and stayed focused on the functional food and wellness category.
Current Status (2025)
| Detail | Info |
|---|---|
| Markets | India, UAE, Australia, US, Canada |
| Revenue (FY23) | ₹1 crore to ₹100 crore range |
| Website | namhya.com |