

Product Details
Entrepreneur Background
Rajesh Dhote pitched his proposal for 1.5% equity in exchange for ₹90 lakhs. However, the sharks showed no interest in the deal and did not make any offers or counteroffers. The reasons cited for this were the lack of clarity in the financial numbers presented and the perceived shortcomings of the team. Sharktankaudits Rajas Dhote and Prateek Mittal are Season 2's most artisanally authentic fresh Italian cheese manufacturing founders two entrepreneurs who identified that India's growing demand for premium Italian cheeses (Burrata, Mozzarella, Ricotta) was being served almost exclusively by imported products at premium import prices or by domestic processed cheese brands that used artificial flavours, colourings, and preservatives entirely different from authentic Italian fresh cheese. The company raised 1.3 crore rupees in the first round at a pre-money valuation of 7 crore rupees, followed by a second round of 4.5 crore rupees at a pre-money valuation of 22 crore rupees.
The Product / Service
Cheese is a popular ingredient that is commonly consumed with foods like vada pav, sandwiches, pasta, and pizza. However, the cheese that is often used in these dishes is often full of added flavours and coloring, which can be unsatisfying for consumers. In response to this, Rajesh founded Cremeitalia to cater to the demand for cheese in India. The brand produces fresh cheese from natural, high-quality milk that is both delicious and healthy. Cremeitalia is India's most authentically Italian fresh cheese brand producing handcrafted Burrata, Mozzarella, Ricotta, Stracciatella, Scamorza, and other Italian cheese varieties from premium-quality Indian milk using traditional Italian cheesemaking techniques, without artificial flavours, colours, or preservatives bringing the specific sensory experience of genuine fresh Italian cheese to Indian consumers and restaurants at a fraction of the import price.
The Ask
Amount Asked: ₹90 lakhs Equity Offered: 1.5% Implied Pre-Money Valuation: ₹60 crore
Pitch Presentation
Rajas Dhote walked into Season 2 Episode 38 as the second pitcher following DesmondJi's agave spirits bringing the most sensory-rich product demonstration of the episode: fresh Italian cheeses for the Sharks to taste. The Burrata at room temperature, showing its signature outer mozzarella shell and liquid cream interior was the pitch's most visually dramatic food product demonstration, communicating the difference between fresh artisan cheese and processed alternative immediately. The pitch framing was sound: India's urban consumers were increasingly eating Italian cuisine at restaurants, encountering authentic Burrata and Mozzarella, and finding no reliable domestic source for the fresh versions they had tasted at fine dining establishments. Cremeitalia's domestic production model eliminated the import cost and freshness compromise simultaneously.
Sharks' Reactions & Criticism
Peyush Bansal exited on financial clarity grounds the specific revenue, margin, and growth metric presentation did not give him sufficient clarity to construct an investment thesis at the ₹60 crore implied valuation. Aman Gupta exited on similar grounds the financial numbers' lack of clarity combined with the team's limitations as identified during the pitch made the investment case commercially incomplete. Anupam Mittal exited the financial presentation gaps were the most specifically cited reason across the panel, with no Shark finding sufficient commercial clarity to even begin negotiation. Amit Jain exited on domain expertise grounds automotive marketplace experience has no commercial overlap with artisan Italian cheese manufacturing and distribution.
Negotiation & Offers
Rajesh Dhote pitched his proposal for 1.5% equity in exchange for ₹90 lakhs. However, the sharks showed no interest in the deal and did not make any offers or counteroffers. No offer was made. No counteroffer was made. The Sharks' unanimous complete non-engagement not even the typical "here's what I'd offer" opening that precedes a negotiation communicated that the financial clarity issue was fundamental enough to prevent any investment conversation from beginning.
Final Verdict
Rajas Dhote and Prateek Mittal left Shark Tank India Season 2 Episode 38 without any investment. All Sharks declined without making a single offer citing financial clarity concerns and team shortcomings as the specific reasons. No offer and no counteroffer were made by any Shark Season 2 Episode 38's most complete non-engagement with an investment pitch despite genuine product quality
Beyond Shark Tank
While they were unable to secure a deal, their commitment to producing natural and tasty products is likely to resonate with consumers, making them a strong contender in the fresh cheese market in India. As the company continues to grow and expand its product offerings, it will be exciting to see how they fare in the competitive world of cheese production. Cremeitalia continues operating and expanding the cheese dips product launch extending the brand from fresh cheese blocks to a broader dairy-based condiment category, and the 220-store, 18-city distribution network providing the commercial foundation for continued growth. The Shark Tank national broadcast gave Cremeitalia mainstream consumer awareness that the founders' HoReCa-focused distribution model had not yet generated — converting restaurant-only brand awareness to retail consumer recognition. The Indian premium cheese market has grown significantly since 2023 — with urban consumers' Italian food culture adoption accelerating and home cooking experiments with Burrata, Mozzarella, and Ricotta increasing through Instagram and food content creator influence. Cremeitalia's domestic fresh cheese production positions the brand directly in this growing consumer interest segment.
