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.
![Bohana-Net-Worth](https://www.caclubindia.com/assets/wp-content/uploads/2024/05/Boahana-Net-Worth-1024x585.jpg)
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’s Net Worth
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 |
Shark Tank Update
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.
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.
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.
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.
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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.
FAQs
Bohana has currently closed its business due to a lack of funds.
No. Bohana ceased its shipments a few months ago.
Nadine Habayeb is the founder and CEO of Bohana.