Bohana’s Net Worth is $2,000 US Dollars. As per the latest update, Bohana’s annual sales revenue is $15,000 and the product is off the shelves at many stores, and online sales have also stopped. Nadine Habayeb is the founder of Bohana, a snack made from popped water lily seeds. Kevin O’Leary invested $200k in Bohana as a Loan and received an 8% share in the company.
Bohana Net Worth
Contents
Net Worth | $15,000 |
Annual Sales | $700 |
Annual Profits | $100 |
Lifetime Sales | $500,000 |
Founder | Nadine Habayeb |
Investors | Kevin O’Leary |
Loan Deal | $200k for 8% |
Verdict | Failure |
Bohana after Shark Tank
Bohana was pitched as a product that is a replacement for popcorn. When Nadine came to Shark Tank, Bohana was making annual sales of $100,000. See Lori Grenier Net Worth
After the episode, QVC approached Bohana and the product got a temporary sales boost. Within one year after appearing on Shark Tank, Bohana’s annual sales touched $250,000. Don’t Miss Scrub Daddy Update from Shark Tank
However, the product has got no takers since then. Bohana saw a severe sales slump year after year and as of today, it has stopped taking orders due to lack of funds to buy inventory and manufacturing.
Do You Know: After the episode aired on Shark tank, a top Hollywood actor invested $200k into Bohana. The investments has been written off as a loss thereafter.
Bohana was selected for PepsiCo’s accelerator program, a Nutrition Program. As a result of this, the company received financial backing along with mentoring from PepsiCo. Even this could not avert the product’s failure.
- Bohana Sales Revenue
Bohana Sales 2023 | $15,000 |
Bohana Sales 2022 | $41,000 |
Bohana Sales 2021 | $60,000 |
Bohana Sales 2020 | $110,000 |
Bohana Sales 2019 | $205,000 |
Bohana Sales 2018 | $100,000 |
What happened to Kevin’s Loan?
Kevin O’Leary has invested $200,000 in Bohana as a Loan. As the company kept losing money, Kevin could never recover his money back. In one of the recent podcasts, Kevin O’Leary mentioned that Bohana was a total loss investment for him.
About Bohana
Priyal Bhatiya and Nadine Habayeb are the founders of Bohana Popped Water Lily Seeds. Nadine is the CEO of Bohana and has an MS from Babson College.
Popped Water Lily Seeds have been an integral part of Indian Ayurveda for more than 5000 years now. These are mainly found in the northern regions of India. Bohana was featured on Season 11 Episode 16 of the Shark Tank.
The seeds are hand-picked and sent to the US. Where they are roasted and packaged. Once popped the seeds which were pea-size are fluffed into a white ball that is speckled with a former seed coat.
During the Shark Tank pitch, Barbara Corcoran offered 200k for a 30% stake in the company, which was rejected by Boahana’s founder. In hindsight, Barbara will be thankful for Kevin, who has swooped in and offered his money.
Bohana Net Worth Timeline
Bohana Net Worth 2023 | $15,000 |
Bohana Net Worth 2022 | $100,000 |
Bohana Net Worth 2021 | $250,000 |
Bohana Net Worth 2020 | $900,000 |
Bohana Net Worth 2019 | $2 Million |
Bohana Net Worth 2018 | $1 Million |
FAQs
What happened to Bohana Shark Tank?
Bohana has currently closed its business due to a lack of funds.
Is Bohana still in business?
No. Bohana ceased its shipments a few months ago.
Who is the CEO of Bohana?
Nadine Habayeb is the founder and CEO of Bohana.
Disclaimer Statement: The kinnemaniac does not guarantee this article’s content. Readers should verify and use their judgment before trusting the content. Also Images used in this Article are copyright of their Respective Owners. Please use our Comment Box or Contact Us form to report this content. This information is not accountable for losses, injuries, or damages.