What happened to Bohana after their appearance on Shark Tank Season 11? Bohana, the popped water lily seed snack company, successfully secured a deal with Kevin O’Leary on Shark Tank Season 11. While the company experienced initial growth, the founders eventually exited the business. Bohana was acquired by Vimal Kansara, owner of Boon Distribution, in late 2022. The brand continues to be available online and in some retail locations.
Summary
- Bohana, a popped water lily seed snack company, appeared on Shark Tank Season 11.
- They secured a $200,000 loan at 9% interest for 8% equity from Kevin O’Leary.
- The company experienced growth after Shark Tank but the founders eventually exited.
- Bohana was acquired by Vimal Kansara of Boon Distribution in 2022.
- The brand continues to operate under new ownership.
Bohana Shark Tank Update | Shark Tank Season 11
What is Bohana?
Bohana is a snack company that offers a unique and healthy alternative to traditional snacks like popcorn.
Their flagship product? Popped water lily seeds! These airy and crunchy snacks are packed with nutrients and come in a variety of delicious flavors.
Bohana aims to provide a guilt-free snacking experience that’s both satisfying and good for you.
The Rise of Healthy Snacking
In recent years, there’s been a growing demand for healthy snack options. People are becoming more conscious of what they eat and are looking for snacks that are not only tasty but also contribute to their well-being.
This trend has fueled the success of brands like Bohana, who offer innovative and nutritious alternatives in the snack food market.
Bohana on Shark Tank Season 11
1. The Pitch
Bohana’s founders, Nadine Habayeb and Priyal Bhartiya, appeared on Season 11 of Shark Tank to seek an investment that would help them grow their business.
Their compelling pitch highlighted the unique nature of their product and the growing market for healthy snacks. Here’s a breakdown of their Shark Tank appearance:
| Entrepreneurs | Nadine Habayeb and Priyal Bhartiya |
|---|---|
| Business | Bohana (Popped water lily seed snacks) |
| Ask | $200,000 for 10% equity |
| Deal | $200,000 loan at 9% interest for 8% equity |
| Sharks | Kevin O’Leary |
| Season | Season 11 |
| Original Air Date | March 6, 2020 |
| Website | Bohana |
| Key Points of Pitch |
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| Why Sharks Accepted |
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2. The Deal with Kevin O’Leary
While all the Sharks were impressed with Bohana’s product and pitch, it was Kevin O’Leary who ultimately made a deal with Nadine and Priyal.
Known for his sharp business acumen, “Mr. Wonderful” offered a $200,000 loan at 9% interest in exchange for 8% equity in the company.
This deal provided Bohana with the capital they needed to expand while giving O’Leary a favorable return on his investment.
Bohana After Shark Tank
1. Initial Success and Growth
Appearing on Shark Tank gave Bohana a significant boost. The brand saw a surge in popularity and sales after the episode aired.
People were curious to try these unique popped water lily seed snacks, and Bohana capitalized on the increased attention.
They expanded their product line, introducing new flavors and packaging options. They also focused on increasing their retail presence, getting their products onto the shelves of major stores. For a while, it seemed like Bohana was on a trajectory for major success.
2. The Acquisition by Boon Distribution
Despite the initial success, the founders eventually decided to step away from Bohana. In late 2022, the company was acquired by Vimal Kansara, owner of Boon Distribution, a Texas-based snack food distributor.
While the exact reasons for the founders’ exit haven’t been publicly disclosed, it’s not uncommon for entrepreneurs to sell their businesses after reaching a certain level of growth.
This allows them to pursue new opportunities while ensuring their company continues under new leadership. Boon Distribution now manages Bohana, and the brand remains available for purchase online and in select stores.
What’s Next for Bohana?
Current Availability and Future Plans
Even with the change in ownership, Bohana continues to operate. You can still find their popped water lily seed snacks online through their website and Amazon. They are also available in some retail locations, though their distribution might vary depending on your region.
It’s unclear what specific plans Boon Distribution has for Bohana’s future. However, we can expect them to focus on expanding distribution and increasing brand awareness.
They might introduce new flavors or product lines to appeal to a wider audience. It’s also possible they’ll explore new marketing strategies to reach more health-conscious consumers.
Ultimately, Bohana’s future success will depend on its ability to maintain its product quality and appeal to the growing market for healthy and innovative snacks.
FAQs
Where can I buy Bohana snacks?
You can purchase Bohana snacks online through their official website and Amazon. They are also available in select retail stores, though their availability may vary depending on your location.
Are the original founders still involved with Bohana?
No, the original founders, Nadine Habayeb and Priyal Bhartiya, are no longer involved with Bohana. They exited the company when it was acquired by Boon Distribution in 2022.
What flavors does Bohana offer?
Bohana offers a variety of flavors for their popped water lily seeds, including Himalayan Pink Salt, Wild White Cheddar, Soulful Spice, and more. You can find their full flavor range on their website and online retailers.
The Bottom Line
Bohana’s journey is a fascinating example of a brand that found success through innovation and a commitment to healthy snacking. Their appearance on Shark Tank undoubtedly played a role in their growth, introducing them to a wider audience and securing a valuable investment. While the founders have moved on, Bohana continues to offer a unique and delicious alternative to traditional snacks.
Whether you’re a health-conscious consumer or simply looking for a tasty and satisfying snack, Bohana’s popped water lily seeds are worth trying. Keep an eye out for this brand as it continues to evolve under its new ownership.
