What Happened to Himalayan Dog Chew after Shark Tank?
What is Himalayan Dog Chew?
Himalayan Dog Chew is a high-nutrient dog treat made from properly cooked yak cheese. Himalayan Dog Chews worked for four years to reengineer the human-grade cheese so that it was lactose-free and dog-safe.
The founders are Suman, Sujan, and Nishes Shrestha of Washington. Himalayan Dog Chews are a new type of dog chew on the market that lives up to the promise.
It’s easy to see why they’re already popular among mongrel fans. To begin, Himalayan Dog Chews have only four ingredients: yak milk, cow milk, salt, and lime juice.
That’s it. There are no unusual preservatives, additives, or colors. Despite the fact that the company is based in the United States, the chews are made and sourced fairly from small-scale Nepalese farmers.
Who is the founder of Himalayan Dog Chew?
Suman and Sujan Shrestha established Himalayan Dog Chews in 2003 with the assistance of an unrelated friend with the same surname, Nishes Shrestha.
When one of the brothers seen a dog munching on Nepal’s traditional hard cheese, he decided to start his own company. Boiling yak milk, salt, and lime are used to make the cheese.
It is crushed in burlap for many days before being smoked and cured for several months. In 2007, the three made their first sale at a local dog festival after establishing that the product was safe for dogs.
They earn over $1 million in sales each year, employ over 40 people, sell their products in over 5000 locations, and collaborate with a consortium of roughly 3,000 farmers in the Himalayas who harvest cow and yak milk for their products.
What Happened to Himalayan Dog Chew at Shark Tank pitch?
Nishes, Sujan, and Suman Shrestha pitch the Himalayan Dog Chew, a chew toy/snack made from Himalayan Yak milk, on Shark Tank episode 615. Himalayan Dog Chew would like to expand their presence and receive investment from Sharks in order to continue their expansion.
Nishes, Sujan, and Suman begin with an at-home segment in which they examine the history of the Himalayan Dog Chew Company. They claim they need help to build the organization to a tremendous level.
When they entered the Tank, they asked $750,000 in exchange for a 5% stake in their company, which was worth $15 million.
They explain the product as well as how to manufacture hard, smoked cheese. They hand out samples and explain that, while the cheese is consumed by people in Nepal, it is made slightly differently in the United States.
The Sharks devour and savor the cheese puffs! According to the guys, they made $5.6 million in income last year. Mark was perplexed as to why they needed a Shark.
They claim they want to keep half of the money to pay themselves, but the Sharks disagree.
They explain how they started with $2000. Kevin questions their worth, and they say they intend to earn $8 million this year.
Mark proclaims that they do not need a Shark and he goes out. Mr. Wonderful inquires about the other Sharks’ locations, and Lori and Daymond exit.
Kevin provides a $750,000 loan with a 10% interest rate and 5% ownership, but he wants to use the cash to increase production. Robert recommends splitting the deal with Kevin at a 10% ownership. Lori follows the boys into the hall.
When they return, they are offered the option to work with all three Sharks in exchange for a 15% equity share.
Kevin addresses the significance of three Sharks after a brief interlude. The gentlemen consult and respectfully decline.
The counter offer was $750,000 for 10% ownership. Their next pitch was for $1.5 million in return for 20% stock. Lori and Kevin leave because the men refuse to take on debt.
Robert walks in and offers $750,000 for 15% stock; the guys decline since they don’t want to give up too much equity. Finally, they departed the pitch without striking a deal.
What Happened to Himalayan Dog Chew After Shark Tank?
Despite the lack of a deal, the business continues to grow and build on its previous successes. Since the show’s premiere, the company’s product selection has grown.
Under the Himalayan Corporation brand, they now produce Ruff Roots from Mediterranean Heathland tree roots, as well as a new line of “Distinctive Dog Treats.”
They also sell leashes, chew toys, and a range of other treats. Sujan Shrestha, one of the firm’s founders, gave a Ted Talk about the “AHA Moment” in January 2016.
With the addition of new goods, the company’s name was changed to Himalayan Pet. Their products are available at the majority of large pet shops, as well as on Chewy and Amazon.
They are still in business as of January 2022, with annual revenue of $11 million.
Competitors of Himalayan Dog Chew
TDBBS, LLC. Scott Pet Inc., Redbarn Pet Products LLC., WellPet LLC., Salix-LLC., Nylabone. Blue Buffalo Co. Ltd., and Coastal Pet Products Inc. are among the company’s rivals in the market.
Net Worth of Himalayan Dog Chew
During and after the pitch, the firm was valued at $15 million.
Himalayan Dog Chew FAQs
What is Himalayan Dog Chew?
Himalayan Dog Chew is a brand of probiotic pet foods made by Himalayan Pet Products. These nutritious sweets are prepared with natural and all-natural components like yak and cow’s milk. The sweets are made in the United States under USDA supervision.
Who is the founder?
Sujan and Suman Shrestha launched Himalayan Dog Chew in 2003. How to Prepare Himalayan Dog Chew
How much were they seeking on Shark Tank?
They were seeking for $750,000 for a 15% stake in Himalayan Dog Chew.
Were they able to close the deal?
They didn’t have the contract on the show, no.
Is Himalayan Dog Chew still in operation?
Yes, as of January 2022, it is still a well-established firm.
Are Himalayan chews recommended by veterinarians?
The Vet Suggested Yak Chews come from the Himalayas and are made with just the best ingredients that dogs like.
How are Himalayan yak chews made?
Their delightful traditional yak chews are created in Nepal from 100 percent yak and cow milk, salt, and lime, with no preservatives, additives, or artificial chemicals.
Can Himalayan chew break dogs’ teeth?
Puppies under the age of six months should not be given these snacks or any other type of treat. Chewing on treats may cause injury to pups’ mouths because their teeth are not permanent and will fall out shortly.
How long Himalayan yak do chews last?
Himalayan Dog Chews have a four-year shelf life after opening the container, if they are kept dry.
How often may I give yak chews to my dog?
Tibetan Dog Chew is a treat and should not be substituted for or served as a meal. They propose giving 1-2 Tibetan Dog Chews once a week for one week. Always keep a sufficient quantity of fresh drinking water on hand.
Is it possible for yak chews to promote tooth decay?
Cheese blocks and cheese bones, particularly yak cheese treats, can be far too rough for regular gnawing and can splinter a dog’s teeth.
How long a Himalayan Dog Chew should be microwaved?
Microwave on high for 45 seconds at 1000 watts. Allow for a 2-minute cooling period. Make a homemade puff for your dog.
Is it possible for dogs to feel unwell after chewing on yak?
Rawhide is well-known for being bad for dogs’ stomachs. In addition to making their beloved companion unwell, fragments may become lodged in their digestive tract. The Himalayan Yak Chews are completely safe for canine digestion.
Is it possible for Himalayan chews to cause diarrhea?
They are incredibly long-lasting and easily absorbed. While Himalayan chews are long-lasting, their usage by dogs should be restricted to a few hours each day. Because of their high protein content, they may cause gastrointestinal discomfort in certain dogs, thus they should be used with caution.
What are the finest methods for getting rid of the ends of a Himalayan Dog Chew?
The Himalayan Dog Chew is a challenging chew. Dogs must labor for hours on the end of the reward, softening it with their mouths in order to scrape off little bits.