Season 1, episode 3
Grif
جريف
Grif is an Egyptian cast-iron cookware brand that makes its pans and Dutch ovens locally, offering durable pieces at lower prices that are designed to last a lifetime.
Watch the pitchThe founders asked
900K EGP
for 10% · valuation 9M EGP
The deal
900K EGP
Ayman AbbasEquity: 10%
In short: Grif pitched in Season 1, episode 3. The founders asked for 900K EGP for 10%, valuing the company at 9M EGP. They walked away with a deal with Ayman Abbas: 900K EGP for 10%.
Overview
Grif is an Egyptian cast-iron cookware brand that makes its pans and Dutch ovens locally, offering durable pieces at lower prices that are designed to last a lifetime. Its founders started it after struggling to find affordable cast-iron skillets in Egypt, and its Dutch ovens feature enamelled lids with brass knobs. Founder Youssef El Rayan asked for EGP 900,000 for 10% and, after weighing bigger offers from Mohamed Mansour and Abdallah Sallam, accepted Ayman Abbas's offer on exactly those terms.
The pitch
Team and investors
After the show
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Frequently asked questions
What is Grif?
Grif is an Egyptian cast-iron cookware brand that makes its pans and Dutch ovens locally, offering durable pieces at lower prices that are designed to last a lifetime. Its founders started it after struggling to find affordable cast-iron skillets in Egypt, and its Dutch ovens feature enamelled lids with brass knobs. Founder Youssef El Rayan asked for EGP 900,000 for 10% and, after weighing bigger offers from Mohamed Mansour and Abdallah Sallam, accepted Ayman Abbas's offer on exactly those terms.
Who founded Grif?
Grif was founded by Youssef El Rayan, who pitched it on Shark Tank Egypt.
When did Grif appear on Shark Tank Egypt?
In Season 1, episode 3 (2023).
How much did Grif ask for on Shark Tank Egypt?
900K EGP for 10%, valuing the company at 9M EGP.
Did Grif get a deal on Shark Tank Egypt?
Yes, with Ayman Abbas: 900K EGP for 10%.
More questions (10)
Which shark invested in Grif?
Ayman Abbas. Details →
What is Grif's valuation on Shark Tank Egypt?
The final deal valued Grif at 9M EGP, against 9M EGP in the founders' ask.
Where is Grif based and when was it founded?
Grif is based in Cairo, Egypt.
What is Grif's website and social media?
On Facebook and Instagram; links are on this page.
Where can I watch Grif's pitch?
The pitch from Season 1, episode 3 is on YouTube: youtube.com/watch?v=RcLKQ0NYSBw
How much equity did Grif give up on Shark Tank Egypt?
10%, against the 10% offered in the pitch.
Did Grif get what it asked for on Shark Tank Egypt?
Yes, the deal closed on the original terms: 900K EGP for 10%.
Which episode of Shark Tank Egypt was Grif in?
Season 1, episode 3. Also in that episode: Tilestic and Masroufi. Details →
Which sharks did Grif pitch to?
The Season 1 panel: Ahmed El Sewedy, Mohamed Farouk, Hilda Louca, Mohamed Ismail Mansour, Abdallah Sallam and Ayman Abbas.
What sector is Grif in?
Home. 21 other Home startups pitched on the show. Details →
Rating & comments
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