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Food & BeveragesHealth & WellnessSeason 2 · Episode 26Verified

Blue Tea

Redplum Private Ltd.

Flower-based herbal teas

Kolkata herbal-tea brand selling caffeine-free flower teas, led by butterfly pea flower tea, in India and the US.

FoundersNitesh Singh & Sunil Chandra Saha

Visit official website(opens in a new tab)View products (1)

Pitch & term sheet

Shark Tank India Season 2 · Episode 26 · Aired 6 Feb 2023 · Pitch #81

DealClosing not reported

PitchedButterfly pea flower (blue) tea

The founders pitched flower-based herbal teas with strong online sales. Anupam Mittal and Amit Jain challenged their marketing claims, and Aman Gupta closed a mixed equity-and-debt deal.

Founders' ask

₹75 L

for 1% equity

Deal accepted on air

₹50 L

₹50 L for 3% + ₹25 L debt at 12%

Implied valuation

₹16.67 Cr

Deal terms (ask implied ₹75 Cr)

Implied valuation is calculated by PitchBase Global as cash ÷ equity share and excludes debt. An offer accepted on television is subject to due diligence and may change or not close.

Sharks on the panel

Documented offers

  1. 1.Aman Gupta

    ₹15 L for 5% + ₹60 L debt at 12%

    Revised

  2. 2.Aman Gupta

    ₹50 L for 3% + ₹25 L debt at 12%

    Accepted on air

After the show

Closing not reported

We have not found a reliable published report on whether this investment closed after filming.

VerifiedLast checked 21 Oct 2026

Products & where to buy

Company timeline

  1. 2018

    Company founded

  2. 6 Feb 2023

    Pitched on Shark Tank India Season 2 (episode 26)

Founders & leadership

Sources

  1. 1.
    [Funding Alert] Blue Tea Bags $7.5 mn at Shark Tank India, Despite Being Reprimanded by Sharks

    Indian Retailer · Published 17 Feb 2023 · Accessed 21 Oct 2026

  2. 2.
    Blue Tea official store

    Blue Tea (Redplum Private Ltd.) · Accessed 21 Oct 2026

  3. 3.
    Shark Tank India Season 2 Episode 26 Recap and Review: A 5 Crore Cheque Vs an All Shark Deal

    Leisurebyte · Published 7 Feb 2023 · Accessed 21 Oct 2026Recap blog / aggregator

  4. 4.
    Shark Tank India Season 2 Episode 26 and 27 Reactions: Disappointments Climb High; Fans Await Peyush Bansal's Return

    Leisurebyte · Published 8 Feb 2023 · Accessed 21 Oct 2026Recap blog / aggregator

  5. 5.
    Shark Tank India season 2

    Wikipedia · Accessed 21 Oct 2026Encyclopedia (lead only)

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