Rock Paper Rum Shark Tank India Season 3: India is the hub of spices and has multiple uses but Good Barrel Distilleries Private Limited has taken it up to the next level with its flagship brand Rock Paper Rum. The brand is known for its handcrafted sustainable liquor and is considered one of the best brands. To learn more about Rock Paper Rum Shark Tank India Season 3, stay tuned with us till the end.
Rock Paper Rum Shark Tank India Season 3
Rock Paper Rum is one of India’s finest Craft Liquor Brands that celebrates the bold risk-takers who love to #TakeAChance. The founder of Rock Paper Rum presented their business model, products, and vision to the Sharks and they were all very impressed with the brand story and its legacy.
Rock Paper Rum is the flagship brand of Good Barrel Distillery Private Limited started in 2022. The founder of the rum brand Lalit Kalani belongs to a liquor business family that sold its business to a small private equity holding but when Lalit came back to India from the US, he found a huge gap across categories of rum and thus decided to re-introduce his family’s liquor business under the name Good Barrel Distillery Private Limited and launched its brands Rock Paper Rum and Soci Gin.
As of now, Rock Paper Rum has 5 flavors – Indian Spiced, Coastal White, Zesty Lemon, Tropical Coconut, and Roast Coffee.
Founder of Rock Paper Rum
Lalit Kalani is the founder of Rock Paper Rum, India’s finest Craft Liquor Brand founded in 2022. The founder of Rock Paper Rum appeared on Shark Tank India Season 3 to promote his brand and raise some funds to grow this business and create an identity between international brands.
Lalit Kalani completed his Bachelor’s degree in Finance and International Business from the NYU Stern School of Business in 2006. After that, he enrolled at the Wharton School in 2009 to pursue his Master of Business Administration which he completed in 2011.
In June 2006, he joined Sagar Industries and Distilleries Private Limited as the COO and left the company in August 2009. In September 2011, he joined Deloitte and worked till January 2014. At this time, he co-founded Bandar Foods and served the company as the CEO till December 2017 and then left to join Comcast. In June 2019 he left this company to join Zume Inc and worked till June 2022.
In October 2022, Lalit joined Fibmold Packaging as a strategic advisor and is still serving the company. At the same time, he founded Good Barrel Distillery Private Limited and launched Rock Paper Rum after identifying its market and value.
Meet: All the 12 Shark Tank India Season 3 Judges.
Rock Paper Rum Shark Tank Business Deal
Rock Paper Rum on Shark Tank India Season 3 episode aired on 14 March 2024. The founder of Rock Paper Rum presented his products and business to the Sharks and asked for Rs 50 lakh in exchange for 2% equity.
Vineeta Singh offered him Rs 20 Lakh for 1% equity and the rest of the Rs 30 lakh on debt at a 10% Interest Rate for 2 years. Rock Paper Rum sealed the deal with this offer with Vineeta Singh.
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Final Words
In this write-up, I have shared all the crucial details about Rock Paper Rum Shark Tank India Season 3 including the pitch, business, products, and founder. The founder of Rock Paper Rum is a third-generation entrepreneur from a liquor business family. He re-introduced his family business with proper branding and story to create an impact. He has inspired a lot of Indians through his strong entrepreneurial zeal.
Hope this Rock Paper Rum Shark Tank business deal was learnable for you and the content I have shared was also useful for you. To get instant updates about Shark Tank India Season 3, stay connected with us. Thanks for reading.
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FAQs
Who is the founder of Rock Paper Rum?
Lalit Kalani is the founder of Rock Paper Rum, India’s finest Craft Liquor Brand founded in 2022.
Which is the parent company of Rock Paper Rum?
Good Barrel Distillery Private Limited is the parent company of Rock Paper Rum started in October 2022.
