What Happened to Moment Drink after Shark Tank?
What is Moment Drink?
Moment Drink is a stress-relieving beverage in a can that promises to be devoid of caffeine, added sugars, artificial sweeteners, and other nastiest.
It is made from organically derived botanical water and comes in four still water and two sparkling water varieties.
The firm was founded by Aisha Chottani and Faheem Kajee. Aisha, a Harvard Business School graduate, is no stranger to New York’s make-or-break business environment, having held founder, board member, and senior management positions at a young age.
Her most recent job was as a business consultant for international governments and enterprises.
She is still the President and CEO of Moment Drink. Faheem is a venture capitalist and entrepreneur who serves on Moment’s board of directors while also starting other enterprises.
Who are the brains behind Moment Drink?
Moment Drink was founded in 2019 by Aisha Chottani and Faheem Kajee. Aisha Chottani graduated from Harvard Business School in 2012 and began working at Gap, Inc.
She then resigned from this role in order to co-found Moment Drink with Faheem Kajee. Faheem is a venture capitalist and entrepreneur who continues to serve as an executive on Moment’s board of directors while simultaneously starting new ventures.
He appears to be serious about health and wellbeing, as evidenced by the establishment of spa facilities in Thailand and Malaysia.
The husband and wife team met in South Africa while working as Senior Engagement Managers at McKinsey and Company, a management consulting firm. While working at McKinsey, Aisha began meditating. She noticed that it reduced tension, increased concentration, and improved performance.
Moment was established by a couple who intended to give people the sense of meditation without needing them to meditate. It’s a botanical beverage produced with natural ingredients to simulate the sense of meditation.
They won the BevNET New Beverage Showdown, the top accolade in the beverage business. They were also admitted into Amazon Launchpad, a program for which only 35 companies are selected.
Moment is the best-selling flavored water on Amazon. They also sell on their website.
Moment is sugar and caffeine free and comes in three flavors: hibiscus dragon fruit, rooibos blood orange, and tulsi lemon.
What happened to the Moment Drink pitch on Shark Tank?
Despite the fact that their product has already been launched, the two couples contact Shark Tank investors in the hopes of finding an investor who would help them distribute their items to retail locations throughout the world.
Aisha and Faheem offer $200,000 in exchange for a 10% ownership in their firm, which is worth $2 million.
They go into great detail about why Moment is the best-selling flavored water. They also sell on their website. Moment is sugar and caffeine free and comes in three flavors: hibiscus dragon fruit, rooibos blood orange, and tulsi lemon.
A six-pack costs $21 and a 12-pack costs $35, according to the company. A 12-pack costs $29 if you subscribe for two-week or monthly delivery.
The Sharks enjoy the goods, but they don’t like the business approach. The couple explains that they want to provide a subscription model, which Kevin O’Leary thinks is a horrible idea. Did the other Sharks, as well as Aisha and Faheem, leave the pitch without a deal?
What happened to Moment Drink after it was rejected by Shark Tank?
Since the failed deal with the Sharks, the firm has continued to function and grow slowly but gradually.
Nothing has changed for the company two months after the first air date; it is still in business, and its social media accounts are functioning. In 2021, they expect to make $5 million in sales.
Moment Drink’s net worth
The firm was valued at $1 million during the Shark Tank presentation, and since then, they have made sales and will earn $5 million in revenue by 2021, implying that its net worth has increased.
Moment Drink FAQs
Are there any other flavors besides the ones shown on the show?
They do offer three different flavors: hibiscus dragon fruit, rooibos blood orange, and tulsi lemon.
Where can I buy Moment Drink?
You can purchase it through Amazon.com, their website, or other online retailers.
Are their bottles recyclable?
Yes. Consumers are encouraged to recycle the packaging because it is BPA free and made from chemicals that are either reusable or recyclable.
What’s the price of a can?
Each can costs anywhere from $3 to $3.60, but the company sells 24-pack options which range between $35 and $37. The company also offers a variety of subscription options, which cost $20 to $22 per month or two-week periods starting at $60.
How many calories are in a can of Moment Drink?
There are 35 calories in each can.
What is the amount of caffeine in a can of Moment Drink?
There is no caffeine in any of their products.
Is there protein in Moment Drink?
Yes, every flavor contains a different amount of protein. The green dragon fruit flavor contains 20 grams per can, and the blood orange flavor has 14 grams per can.
What’s in Moment Drink?
Moment Drink is a botanical beverage produced with natural ingredients to simulate the sense of meditation. The drink is sugar and caffeine free while using natural flavors that are based on botanicals such as hibiscus dragon fruit, rooibos blood orange, and tulsi lemon.
What is the caffeine in Moment Drink?
There is no caffeine in any of their products. Is there sugar in Moment Drink?
Yes, each brand contains from 5 to 10 grams of sugar.
Is Moment Drink safe?
Yes. It is free of gluten, soy, and dairy, and is kosher as well. The product contains no artificial flavors or sweeteners.
What is the price of a 12 pack of Moment Drink?
The company sells 12-packs at $35 on their website. A 6-pack costs $21 on Amazon.
Where to buy Moment Drink?
Customer can buy it from official websites or from Amazon.
How does Moment Drink work?
It features 8 hour fast action of vitamins, amino acids, herbs, adaptogens, and plant-based proteins. It is designed to reduce stress and improve performance.
How does it make you feel?
The product provides an experience of a stress-reducing meditation. The drink can be used as a supplement before or after exercise or as a pre-sleep drink.
How much do they charge?
It costs $22 for 36 bottles or $20 for 30 bottles every month through Amazon Prime delivery.