Bohana Shark Tank Update

Bohana Shark Tank Pitch

Priyal Bhartia and Nadine Habayeb appeared on Shark Tank Season 11, Episode 16, which aired on March 20, 2020, with popped water lily seed snack popcorn alternative.

Bohana is listed in the Food Beverage category. In plain terms, the business is described as popped water lily seed snack popcorn alternative.

Bohana asked the Sharks for $200,000 for 10%, implying a valuation of about $2 million.

On the show, Bohana made a listed deal with Kevin O'Leary for $200,000 loan at 9% interest for 8% equity.

If treated as straight equity, the listed deal works out to about $2.5 million implied valuation, up from the original $2 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Bohana After Shark Tank

Bohana closed its Shark Tank deal and saw a major early boost, with follow-up reporting describing a 500% increase in sales in 2020 and distribution through Amazon, Wegmans, and independent grocers. (Bohana Shark Tank update

The later public trail is weaker. The brand site has remained online, but recent retail availability has been inconsistent, and the original popped-water-lily-seed snack line no longer looks as broadly available as the first post-show updates implied. (Bohana official site

Because the site presence and older retail trail conflict with limited current availability, the safest status is unknown/dormant rather than confidently active or fully closed. (Bohana official site

Sources

Sources used for this page: Shark Tank API pitches