Around the past few a long time, India has witnessed a startup wave as a lot more people have started off to go after entrepreneurship. At a time when a considerable proportion of working pros are wanting ahead to commencing their very own enterprises, Shark Tank India‘s debut on SonyLiv could not have been much more fortuitous. The show has taken the country by storm. From hilarious memes to intriguing enterprise pitches, everybody appears to be to be discussing Shark Tank India.
10 attention-grabbing business concepts featured on Shark Tank India
Modular Utility Electrical Motor vehicles by Revamp Moto
Represented by co-founders Jayesh Tope, Pushkaraj Salunke, and Pritesh Mahajan, Revamp Moto released India’s initial modular utility platform called Revamp Moto Mitr. Their ground breaking notion of generating an EV motor vehicle with utility attachments remaining the traders on the display amazed. The trio was seeking support to create their model from the sharks. Their request was Rs 1 Cr for a 1 percent equity in their company.
Boat co-founder and CMO Aman Gupta built the first give at Rs 1Cr for a 3 percent fairness. Ashneer Grover of BharatPe offered Rs 1.2 Cr for 2.5 p.c equity. Soon, Gupta partnered with Individuals Group’s Anupam Mittal to offer Rs 1 Cr at 2 proportion fairness. The business owners shut the deal at Rs 1 Cr for 1.5 share fairness with Gupta and Mittal.
It will take anything special for a begin-up as younger as four months previous to impress the sharks. CosIQ, established by Kanika Talwar and her partner Angad is hopeful of starting to be a key intelligent skincare brand. All the sharks liked the packaging and high quality of their goods.
Their solutions are manufactured from cleanse components with minimalist formulations, which is also their differentiator. The preliminary talk to was for Rs 50 Lakhs for a 7.5 % fairness in their organization. Right after a great deal negotiation, the pair finally acknowledged a offer with Vineeta Singh from Sugar Cosmetics and Anupam Mittal for Rs 50 Lakhs in opposition to the equity of 25 %.
Whey protein ice product by Get-A-Whey
The mother-son duo of Jimmy and Jash Shah created an fast relationship with the investors with their superb presentations expertise, articulated responses, and unbelievable tales. They sought financial investment of Rs 1 Cr in return for an 8 per cent fairness to improve their small business.
Get-A-Whey is a wellness-driven ice product brand catering to millennials. Their ice lotions are large in protein, come with zero extra sugar, are low in excess fat as very well as very low in calories vis-à-vis other ice creams in the market place. It is existing in Mumbai, Pune, Bengaluru, Jaipur, Hyderabad, Surat, Chennai & Delhi-NCR at the moment. They managed to bag an investment decision of Rs 1Cr for 15 % fairness. The traders integrated Ashneer Grover, Aman Gupta, and Vineeta Singh.
The Yarn Bazaar
Mumbai-primarily based The Yarn Bazaar aims to organise the unorganized textile industry with their startup. Considering the fact that 2019, they have clocked a organization of additional than Rs 230 Cr. Aside from yarn buying and providing, the organization also conducts interviews and podcasts with field industry experts, therefore incorporating price to the textile sector.
The enterprise was remaining represented by Founder and CEO Pratik Gadia, who amazed the sharks with his centered eyesight. Gadia bought a deal of Rs 1 Cr from Lenskart’s Peyush Bansal, Ashneer Grover, Anupam Mittal, and Aman Gupta.
Intelligent Helmets by Altor
One of the noblest ideas showcased on the present, the sensible helmets by group Altor resonated with the trader panel. The younger workforce of refreshing faculty graduates arrived up with a wise helmet, which attributes a vary of handy options. A friend’s tragic demise had led the staff on the route to come up with their hero products.
The helmet is GPS-enabled with google maps. When connected to a smartphone by way of Bluetooth, the helmet can send out a notification to the family associates of a human being who has satisfied with an incident. The helmet highlighted several other these types of sensible attributes and impressed the sharks. The team closed a offer for Rs 5 million for a 7 % fairness with Namita Thapar of Emcure Pharma and Aman Gupta.
Ice Popsicles by Skippi Icepops
The to start with all-shark offer on the exhibit was the one particular with Hyderabad-primarily based popsicle model Skippi Icepops. Backed by Kabra World-wide Solutions Pvt. Ltd, the F&B manufacturer was represented by the husband and spouse duo of Ravi Kabra and Anuja Kabra. The pair ended up settled in Australia but experienced to go to India, next the dying of Ravi’s father.
They came up with a excellent notion to manufacture ice popsicles that Indians would promptly relate to, many thanks to their childhood nostalgia. All the sharks ended up impressed with the packaging and style of their ice popsicles. They also agreed to the simple fact that there was no other major player in this market place in India. The Kabras got an offer from all the 5 sharks. They shut the deal at Rs 1 Cr for 15 % equity.
Coconut Primarily based Franchise Product Cocofit
Bengaluru-centered Cocofit is India’s to start with coconut-oriented franchise product. They make everything from coconut shakes to smoothies to sodas to slushes to ice creams. The startup aims to act as a gamechanger in the coconut business across the nation and seeks to tackle troubles like cleanliness and transportation. The startup was set up in 2019 and has successfully opened 31 stores in 7 states.
They had been in the demonstrate to seek mentorship to just take their small business model to the future level, as they experienced received many franchise requests from throughout the entire world. The entrepreneurs Sasi Kanth Visinigiri, Pavan Kumar Seepana & Sunil Kumar Tentu had apparently questioned Rs 5 for fairness of 5 %. They shut the identical offer with Aman Gupta, Namita Thapar, and Anupam Mittal.
Annie by Thinkerbells Lab
Presented by probably the cutest “brand ambassador” in the historical past of Indian tv, Bengaluru-centered Thinkerbell Labs’ products Annie aims to make studying braille exciting. Evidently the world’s to start with Braille literacy product, Annie helps visually impaired youngsters in self-mastering Braile. Young children can learn, read, and style braille with the aid of the unit, without the assist of a specialist instructor.
The product could prove to be a gamechanger for spreading literacy among the the blind. The crew managed to raise a fund of Rs 1.05 Cr from Peyush Bansal, Namita Thapar, and Anupam Mittal. The highlight of the presentation, even so, was a 10-12 months-outdated super adorable and intelligent child Prathamesh Sinha, who shown the solution to the investors, leaving all of them in complete awe.
Health care tech startup Keto India
Launched by Sahil Pruthi immediately after going via particular turmoil regarding his mother’s brain surgical procedure, Keto India is the only model that got a terrific give from the traders and but refused to acquire it. The health care tech startup was began in 2018 by Pruthi. The corporation supplies personalised dietary options and support via its app. The sharks had been pretty impressed with the young entrepreneur and beloved his enterprise thought.
The startup wishes to bust myths surrounding meal plans and give tailored nutritional assistance to diabetes, PCOS, and thyroid clients. Ashneer Grover, Peyush Bansal, Namita Thapar, and Aman Gupta joined hands to offer Pruthi Rs 1.6 Cr. The entrepreneur, nonetheless, was not inclined to go outside of an fairness share of 1.25 percent and refused to take the give. This remaining the sharks even far more impressed by him.
Natural Dairy Products and solutions by Humpy A2 Milk
Began by Vishal Chaudhari, Malvika Gaekwad, and Jaywant Patil, Humpy A2 is a brand that presents reliable natural dairy products in Pune. They specialize in A2-certified milk, which is absolutely free from any substances. Their original ask was Rs 75 Lakhs for a 4 % fairness.
The sharks beloved their paneer, cheese, curd, and organic milk. While Anupam and Namita backed out of the offer, Peyush Bansal and Mama Earth’s Gazal Alag provided them a joint deal for Rs 75 Lakhs towards a 10 per cent equity. Soon, Vineeta joined the two and the 3 investors shut a offer with the business owners for Rs 1 Cr for a 15 per cent fairness.
Function Picture courtesy: Sony Television set/Facebook