Incredible Eats Net Worth Shark Tank Update 2025

Plastic pollution is a major environmental issue today, with millions of tons of plastic waste harming our planet every year. One significant part of this problem is single-use plastic cutlery—like forks, spoons, and straws—which people often use for only a few minutes but can take hundreds of years to break down in the environment.

To tackle this issue, a company called IncrEDIBLE Eats, founded by Dinesh Tadepalli, has developed a unique solution: edible cutlery. This means that their spoons, sporks, and straws are not just disposable; you can actually eat them after you finish your meal! Made from natural ingredients, these utensils are vegan, low in calories, and come in a variety of flavors. This way, instead of contributing to plastic waste, you can enjoy a tasty snack while being environmentally friendly.

Dinesh appeared on Shark Tank Season 13 to ask for $500,000 in exchange for a 7% stake in his company. The sharks were intrigued by his concept but had some doubts about how well the product would sell and its potential for growth. After some negotiation, Lori Greiner agreed to give him the $500,000, but in exchange for a larger share, 15% of the company.

Although the final deal didn’t go through, the exposure from the show significantly boosted the company’s visibility and growth.

Incredible Eats Net Worth Shark Tank Update 2025

Dinesh was looking for an investment of $500k in exchange for 7% equity in the company. At the time of the episode, he valued his company at around $7.14 million. Dinesh successfully secured a deal with Lori for an investment of $500k for 15% equity in the company. The investment adjusted the company’s net worth to around $3.33 million. After the show was aired, IncrEDIBLE Eats saw a big increase in website traffic, sales, and social media exposure. As per my rough estimate, the current net worth of IncrEDIBLE Eats is around $10 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Lori Greiner	$500,000 for 15% equity	$500,000 for 12% equity	Yes
Daniel Lubetzky	$500,000 for 25% equity	$500,000 for 12% equity	No
Kevin O’Leary	$500,000 for 35% equity	$500,000 for 12% equity	No
Barbara Corcoran	Out	N/A	N/A
Mark Cuban	$500,000 for 20% equity	$500,000 for 12% equity	No

Dinesh Tadepalli Backstory + Their Initial Pitch 

Dinesh Tadepalli is an Indian who moved to the U.S. to earn a Master’s degree in Electrical Engineering. While studying, he became concerned about the growing problem of plastic waste, particularly from single-use items like cutlery used in restaurants and events. Instead of just recycling more plastic, he came up with a creative solution: what if people could actually eat their utensils instead of throwing them away?

This idea led him to start a company called IncrEDIBLE Eats in 2019. The company creates edible utensils like spoons, sporks, and straws made from plant-based materials. These utensils come in different flavors, such as plain, sweet, and savory, and are designed to withstand being used in hot soups or cold desserts without falling apart.

Dinesh showcased his product on Shark Tank, where entrepreneurs pitch their businesses to investors. He asked for $500,000 in exchange for 7% ownership of his company, which he valued at $7 million. The sharks enjoyed tasting the edible utensils but raised concerns about their high price and the company’s slow sales growth.

Queries + Shark’s Responses, and Final Deal

Kevin O’Leary: Kevin finds the idea interesting but is worried that people will have difficulty believing the spoons are edible. He thinks marketing will be costly and believes the company is valued too high since it has only made $170,000 in total sales. He offers Dinesh $500,000 for a 35% ownership stake in the company, which Dinesh thinks is too much.

Mark Cuban: Mark sees the innovation in the product but thinks Dinesh needs a bigger vision and suggests selling the spoons in grocery stores rather than just to restaurants. He offers $500,000 for a 20% share.

Lori Greiner: Lori is very enthusiastic about the spoons, even saying she would snack on them herself. She sees great potential in the brand and offers Dinesh $500,000 for a 15% stake, which is the least amount of ownership offered.

Daniel Lubetzky: Daniel appreciates the mission behind the product, but feels the business isn’t big enough yet. He offers $500,000 for a 25% stake, but Dinesh thinks that’s too much to give away.

Barbara Corcoran: Barbara chooses not to make an offer because she feels Dinesh is overly optimistic and doubts that restaurants would pay extra for edible spoons.

Dinesh attempts to negotiate for a lower percentage of ownership (12%), but the sharks aren’t willing to budge. Mark Cuban decides to drop out of the discussion because he thinks Dinesh is being inflexible. In the end, Dinesh agrees to Lori’s offer of $500,000 for 15% of the company. However, it’s important to note that this deal didn’t finalize after the show ended.

Product Availability

IncrEDIBLE Eats offers edible spoons that you can eat after using them. You can find these fun products on Amazon, their official website, and select Dippin’ Dots locations.

These spoons come in various flavors, adding a tasty twist to your meals. They’re great for special occasions like parties and picnics, and they’re also a good choice if you’re looking to be more eco-friendly, since you can eat them instead of throwing them away.

What Happened To The Incredible Eats after Shark Tank?

In simple terms, even though IncrEDIBLE Eats didn’t finalize a deal on Shark Tank, the exposure they received from appearing on the show helped their business in a big way. After being featured on Shark Tank, their sales went up by 300%, meaning they sold three times more than before. They sold 6 million spoons, which shows just how popular their product became. To keep up with this increased demand, they had to produce more spoons.

IncrEDIBLE Eats struck a deal with Dippin’ Dots, a well-known ice cream brand, so their spoons are now used in some of Dippin’ Dots’ locations. The company is committed to being environmentally friendly. They have taken steps to offset twice as much of their carbon footprint as they produce, making their business carbon-neutral.

They brought in new investors by offering something called a SAFE note, which is a way for them to raise money to continue growing. Today, IncrEDIBLE Eats is still expanding its business, focusing on selling its products to restaurants, airlines, and amusement parks.

Conclusion 

IncrEDIBLE Eats is a company that focuses on creating edible spoons, aiming to reduce plastic waste. They first gained attention when they appeared on Shark Tank, Lori Greiner made an offer to partner with them. Although the partnership didn’t go through in the end, the exposure from the show helped the company to grow significantly.

Since then, IncrEDIBLE Eats has sold an impressive 6 million spoons and partnered with a well-known ice cream brand, Dippin’ Dots, to reach even more customers. As a result, their sales increased by 300%. Dinesh Tadepalli, the founder, has a vision of creating products that help the environment by minimizing plastic waste, and he is making progress toward that goal.

The journey of IncrEDIBLE Eats has been challenging, but their success shows that innovative eco-friendly ideas can thrive in the market. If they keep expanding into new areas, they have the potential to completely replace traditional plastic cutlery in the future.