Skippi Hits Rough Patch After Shark Tank Boom

After rapid expansion to 14,000+ outlets on the back of Shark Tank hype, Skippi saw demand cool, leaving distributors with unsold inventory and dragging FY25 operating revenue down 59%

Salary delays, layoffs and a pullback from tier II & III cities followed, with employee expenses halving in FY25

Auditors have also flagged long delays in PF and statutory dues, unpaid borrowings, uninsured assets and a factory operating without a valid licence

Shark Tank-famed ice popsicle startup Skippi is grappling with a sharp…