As children far from home who always miss their hometown's food, the four Quang Tri boys who founded the Ca Men brand (with technology to freeze Quang Tri's specialties) have successfully exported their products to the US, Australia, Canada, and UK markets through official channels.
Coming to episode 9 of Shark Tank Vietnam season 7, founder Nguyen Duc Nhat Thuan said that in 2009, when he first came to Ho Chi Minh City, he felt very unfamiliar with everything from the pace of life to the food and drinks. With the intention of bringing specialties from his hometown of Quang Tri to serve people in Ho Chi Minh City, Nhat Thuan launched the Ca Men brand.
4 Quang Tri boys founded Ca Men brand
Introduce products directly to "sharks" to learn about investment direction
Ca Men provides local specialties in frozen packaging such as snakehead fish noodle soup, eel vermicelli, turmeric-fried eel vermicelli, crab noodle soup with spices.
Photo: Shark Tank Vietnam
Starting in 2023, Ca Men has officially exported products to the US and has so far exported 5 containers. Mr. Le Trong Luan - co-founder and Director of Ca Men revealed that Ca Men products have covered more than 1,000 Vietnamese supermarkets and markets, Asian supermarkets across the US states. Besides the US market, Ca Men also explores the Canadian, Australian and UK markets.
"Going far to return", in early 2024, Ca Men returned to the Vietnamese market to expand its distribution channel system. Up to now, Ca Men has had more than 400 points of sale for supermarket and dealer channels. In addition, Ca Men also has a 1,000 m2 factory, which can supply 200 - 300 thousand products/month.
Ca Men provides local specialties in frozen packaging such as snakehead fish noodle soup, eel vermicelli, turmeric-fried eel vermicelli, and crab noodle soup with spices.
Shark Tillman Schulz officially joins the "shark" tank
Photo: Shark Tank Vietnam
Shark Minh Beta praised the quality of Ca Men's products. However, he assessed that the market that Ca Men was pursuing was very difficult to expand and decided not to invest.
Praising the freshness of Ca Men, shark My Nga said she did not invest but would help the startup develop foreign markets where she has relationships such as Korea, Japan...
Shark Phi Van said that she really loves and wants to accompany startups to increase the value of Vietnamese agricultural products. According to her analysis, startups are facing a "bottleneck" in terms of production costs because if they cannot increase output, it will be difficult to reduce costs. However, because she has not seen a more effective business model for startups, Shark Phi Van also refused to invest.
Hopefully, with the enthusiastic support of shark Tillman Schulz, Ca Men will have a strong future.
Photo: Shark Tank Vietnam
Shark Tillman Schulz gave many compliments to the dish, and said that although he did not invest, he would help the startup expand sales with his existing supermarket partners. The deal closed, although Ca Men did not successfully raise capital at Shark Tank season 7, it "made a lasting impression" and received the wholehearted support of shark Tillman Schulz. Hopefully, with the enthusiastic support of shark Tillman Schulz, Ca Men will have a strong future.
Episode 9 of Shark Tank Vietnam season 7 welcomes shark Tillman Schulz to join the "shark" pool with additional capital calls from 2 other potential startups reaching out to the international market: Bacte biological product to kill pests and prevent diseases, a solution for sustainable agriculture , and an order matching application that optimizes the round trip of drivers.
Source: https://thanhnien.vn/dac-san-quang-tri-gay-thuong-nho-cho-shark-nguoi-duc-tillman-schulz-185240924100249911.htm
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