$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Samir Saho, Amit Dabrai from Toronto, ON, pitched ChaiEasy in Season 15, Episode 9, asking the Dragons for $250K for 10% of the company.
- Asked for$250K for 10%
- Valuation$2.5Mimplied by the ask
- OutcomeDealwith Manjit Minhas
- Final deal$250K for 5%valued at $5Mplus a royalty: 5% royalty
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Lane Merrifield | Does not know kitchen hardware manufacturing; no offer | Out |
| Michele Romanow | Believes it needs more capital than $250,000; no offer | Out |
| Manjit Minhas | $250,000 for 10%, later combined with royalty terms | Accepted |
| Jim Treliving | Would love to invest but deferred due to Manjit not wanting partners; no offer | Out |
| Vincenzo Guzzo | $250,000 for 5%, later withdrawn after Arlene Dickinson's caution and Manjit Minhas's counter | Withdrawn |
| Arlene Dickinson | Advised founders to slow down and consider the offer on the table; no equity offer | Out |
Samir Saho and Amit Dabrai, from Toronto, ON, asked for $250,000 for 10% of ChaiEasy, a patent-pending automatic chai maker that brews milk-based chai in under four minutes using pods costing about $1 each in a $15 box; the machine costs about $100 to manufacture and will retail for $250. The design is finalized and manufacturing-ready, with a utility patent filed in Canada, the U.S., U.K., and India, and the founders said the product took four years to develop.
Lane Merrifield and Michele Romanow both went out, citing lack of hardware expertise and belief the company would need more capital, respectively. Jim Treliving said he would have invested but deferred to Manjit Minhas. Vincenzo Guzzo offered $250,000 for 5% equity plus wanted a 5% royalty, but Manjit Minhas countered with $250,000 for 10% straight equity or an alternate royalty option; Arlene Dickinson, before going out, urged the founders to consider carefully. The founders accepted a combined offer from Manjit Minhas of $250,000 for 5% equity plus a 5% royalty.
Pitch details from CBC’s Dragons’ Den pitch page.
ChaiEasy today
- StatusIn businessLast checked September 2026
ChaiEasy is still operating and sells through its website.