PepsiCo said Monday it’s acquiring the prebiotic soda brand Poppi for $1.95 billion. The acquisition gives PepsiCo a fast-growing brand in the popular functional beverage category.

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,

PepsiCo is aquiring the prebiotic soda brand Poppi for $1.95 billion. “More than ever, consumers are looking for convenient and great-tasting options that fit their lifestyles and respond to their growing interest in health and wellness,” PepsiCo Chairman and CEO Ramon Laguarta said in a statement,' according to the Associated Press.