Gurugram-based The House Party by Savar, a luxury food catering company, made an impressive pitch on Shark Tank India Season 4, Episode 41.
Founded by Kumar Savar Malhotra and Tanisha Malhotra, the company specializes in high-end catering for weddings, birthdays, and private events, offering gourmet meals made from 100% fresh and organic ingredients.
With a proven track record of catering over 3,000 events, the founders sought an investment of ₹50 lakh for 1.25% equity, valuing their business at ₹40 crore.
They emphasized their commitment to quality, premium service, and sustainability-driven practices.
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Beyond its premium catering services, The House Party by Savar has also launched NumYum, a curated snack box brand.
Their innovative approach includes a massive 750-item customizable menu with a strong focus on sustainability, ensuring portion-based serving to reduce food waste.
During negotiations, Ritesh Agarwal recognized the brand’s potential and structured a compelling deal—₹50 lakh for 5% equity, along with an additional ₹50 lakh debt at 8% interest for three years, valuing the company at ₹10 crore.
The founders accepted the offer, securing both funding and strategic mentorship from Ritesh Agarwal to scale their venture further.
