Shark Tank India has garnered widespread acclaim throughout the country for its informative and entertaining content. The previous season received an overwhelming response from the Indian audience, generating high anticipation for the second season.
| Source- Stack Umbrella |
SonyLiv reports that approximately 800,000 entrepreneurs from all over India applied to participate in the show. Among the numerous applicants, a select few startups emerged and made a significant impression with their pitches, resulting in some remarkable deals.
FastBeetle
FastBeetle, a logistics startup from Kashmir, made a significant impact on Shark Tank India. Founded in 2019 by childhood friends Sheikh Samiullah and Abid Rashid, the company managed to secure a remarkable investment of ₹90 Lakhs from renowned entrepreneurs Piyush Bansal, the founder of Lenskart, and Aman Gupta, the founder of BoAt.
| Source-Rising Kashmir |
The sharks were impressed by the duo's unwavering determination and confidence. Following their appearance on the show, FastBeetle received an outpouring of support with hundreds of calls and messages from all over the country, cementing their presence and generating further interest in their business.
Kyari
Kyari Innovations, true to its unique name, introduced a groundbreaking invention on Shark Tank India. The sibling team of Smratika and Abhay Sharma created the world's first smart walking sticks, which come with a range of impressive features.
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| Source- Business Upturn |
These innovative walking sticks are equipped with a power bank, a panic alarm, LED lights, and an electrical probe. Their invention caught the attention of the sharks, leading to a notable deal.
Peyush Bansal and Aman Gupta offered ₹51 lakhs in exchange for a 6% equity stake in the company. This recognition and investment from renowned entrepreneurs further validated the potential and value of Kyari Innovations' smart walking sticks.
Angrakha
Angrakha, a clothing brand founded by Vishakha Bhaskkar and Asana Riamei, aims to provide women's apparel in all sizes. The brand's growth and achievements garnered significant attention on Shark Tank India.
While the sharks were impressed by the brand, some of them opted out due to perceived confusion in the brand's strategy. Despite this, the founders managed to secure a deal with Amit Gupta, who offered Rs 40 lakhs in exchange for a 20% equity stake in the company.
This agreement marked a significant milestone for Angrakha, providing both financial support and a strategic partnership to further propel their brand's success.
Janitri
Arun Aggarwal, the founder of a groundbreaking innovation, captivated the judges on Shark Tank India with his invention. He introduced a device for remote fetal-maternal monitoring, aimed at providing expecting women with a hassle-free experience.
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| Source- Indian Express |
Arun's pitch sparked intense interest among the sharks, leading to a fierce competition among them. When Arun requested ₹1 crore for a 2.5% equity stake, the sharks found themselves engaged in a bidding war.
Ultimately, Arun decided to partner with Namita Thapar, recognizing her expertise in the healthcare sector. The exposure and support received from Shark Tank India Season 2 played a significant role in boosting his business, and Arun expresses gratitude for the opportunity.
This successful collaboration serves as a testament to the power of Shark Tank in propelling innovative ideas and fostering valuable partnerships.
Zillionaire
Zillionaire India, a startup founded by young entrepreneurs, specializes in creating bling jewelry inspired by the style popularized by rappers. In their first year of operation, the startup achieved an impressive revenue of ₹11 lakhs.
Initially seeking ₹50 lakhs for a 3.3% equity stake, the founders ultimately secured a deal with Anupam Mittal, the founder of Shaadi.com. They accepted ₹1 crore for a 10% equity stake in their company.
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| Source- Insider Hindi |
The sharks were particularly impressed by the founders' confidence, as well as their innovative ideas and creations. This successful negotiation on Shark Tank India highlighted the potential of Zillionaire India and affirmed the value of their unique approach to bling jewelry.
Each deal and entrepreneur showcased their unique ideas, determination, and business potential. The most moving deal may vary for different individuals, as it depends on personal interests, values, and perspectives.
It's great to see the entrepreneurial spirit and innovation on display, and viewers often find different pitches resonating with them based on their own experiences and aspirations.
These were the Top 5 pitches of Shark Tank India Season 2.
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