Site icon

Dr Cubes Story: How a Company Worth Crores was Created just by Selling Ice, read the Full Story

Dr Cubes Story

Dr Cubes Story

Dr Cubes Story: Today, a multitude of fresh startups are emerging in India, serving as a catalyst for inspiring others to embark on their entrepreneurial journeys. Today we have brought for you a story from the world of Startups in which this Startup founder has created a company worth crores by just selling ice to people.

You read it right, this startup founder has made a company worth crores today just by Indeed, You’ve got it accurate—a visionary entrepreneur has transformed an ice-selling venture into a multimillion-dollar company. Let’s delve into the narrative of Naveed Munshi and Pramod Tirlapur, comrades turned co-founders of Dr Cubes.

Together, they have led the company to a valuation in the crores. In this article, explore the compelling journey of Dr Cubes and discover how its founders achieved immense success by turning ice into a lucrative business.

Dr Cubes Story

This Is How Dr Cubes Started

D In 2017, the inception of Dr. Cubes Startup unfolded through the collaborative efforts of Naveed Munshi and Pramod Tirlapur, close friends with a shared vision. The genesis of this innovative venture was sparked when Naveed Munshi pondered over the concept of ice cubes.

The reason for this is that at that time no company was providing good and hygienic Ice Cubes, so both of them thought, why not start a company in which we would provide fresh and hygienic Ice Cubes to the people. Exclusively fueled by this concept, they jointly initiated the establishment of Dr. Cubes, a venture dedicated to supplying customers with fresh and sanitary ice cubes.

Dr. Cubes offers a diverse range of ice cubes to cater to the varied preferences of its customers, ensuring the fulfilment of their specific ice cube requirements.

Got A Chance To Go To Shark Tank India Also

Undoubtedly, many have witnessed the renowned Shark Tank India Show, where aspiring startup creators secure funding for their ventures through innovative business concepts. It’s worth mentioning that the visionaries behind the Ice Cubes company seized the opportunity to participate in the Shark Tank India Show.

Upon entering the Shark Tank India arena, the founder of Dr. Cubes sought financial backing of INR 80 lakh for their enterprise. In exchange, they proposed a 15% stake in their company to the Sharks.

But all the Sharks refused to do so because they all said that this is a new business and all the big companies in the Startup world can easily copy it and leave you behind. Had refused to give them funding.

Today It Has Become A Company Worth Crores Of Rupees

In the Shark Tank India show, the founders of Dr Cubes told that their business had generated a revenue of Rs 50 lakh in the year 2019, which reached Rs 1.2 crore in the year 2020.

Despite the significant impact of the COVID-19 pandemic on his business, he managed to generate a revenue of Rs 1.10 crore in FY22. Currently, their aim is to achieve a target of Rs 2.5 crore in the year 2023. Despite facing challenges and not securing funding on Shark Tank, they persevered in their efforts, and the company is now experiencing rapid growth. Additionally, the current valuation of Dr. Cubes’ company is in the millions.

Dr Cubes Story Overview

Article Title Dr Cubes Story
Startup Name Dr Cubes
Founder Naveed Munshi & Pramod Tirlapur
Homeplace India
Revenue (FY22) Approx. ₹1.10 Crore
Official Website

We trust that you’ve acquired insights into Dr. Cube’s narrative through this article. Kindly consider sharing it with your friends to extend awareness of Dr. Cube’s story. For more tales of comparable startups, explore our Business page.

Also Read: Akshara Singh Income: This actress from Bihar earns crores of rupees, know the complete details!

FAQs For Dr. Cubes

How did Dr. Cubes start?

Dr. Cubes originated in 2017 when Naveed Munshi and Pramod Tirlapur, friends with a shared vision, decided to address the absence of good and hygienic ice cubes in the market. Motivated by this idea, they established Dr. Cubes to supply customers with a diverse range of fresh and sanitary ice cubes.

How has Dr. Cubes performed financially?

Despite challenges, including the impact of the COVID-19 pandemic, Dr. Cubes reported a revenue of Rs 50 lakh in 2019, which increased to Rs 1.2 crore in 2020. In FY22, amidst the pandemic, they managed to generate a revenue of Rs 1.10 crore. The founders aim to achieve a target revenue of Rs 2.5 crore in 2023.

What is the current valuation of Dr. Cubes?

Dr. Cubes is currently valued in the millions. Despite facing challenges and not securing funding on Shark Tank India, the company has experienced rapid growth, showcasing its resilience and determination.

Where can I find more information about Dr. Cubes?

You can find more details about Dr. Cubes, including their story, founders, and revenue information, on their official website:

Also Read: The Inspiring Jar Success Story of Misbah Ashraf’s Rs 2000 Crore Fintech Empire, read the whole story!

Exit mobile version