Poppi, a prebiotic soda that will soon be acquired by Pepsi, got its start on "Shark Tank." PepsiCo announced on Monday that it has entered into an agreement to purchase Poppi for $1.95 billion,

Purchase, New York-based PepsiCo had reportedly planned to start its own so-called functional soda under its Soulboost brand, but decided instead to purchase Poppi.

PepsiCo said Monday it would buy prebiotic soda brand Poppi for $1.95 billion US, expanding into the "healthier soda" category at a time when the company is battling falling demand for its traditional beverages and snacks.