Inside Shark Tank India: Pitches That Won Hearts and Investments
The first season of Shark Tank India, which aired from December 20, 2021, to February 11, 2022, showcased the entrepreneurial spirit in India. Of 62,000 applicants, 198 businesses were chosen to pitch to the "sharks," and 67 secured deals. The show featured a rotating panel of seven seasoned entrepreneurs and business leaders: Ashneer Grover (BharatPe), Aman Gupta (boAt), Anupam Mittal (Shaadi.com and People Group), Ghazal Alagh (MamaEarth), Namita Thapar (Emcure Pharmaceuticals), Peyush Bansal (Lenskart), and Vineeta Singh (Sugar Cosmetics). These experts provided financial investments and valuable advice and mentorship, driving the success of the participating businesses and inspiring a culture of innovation across India.
BluePine Industries
Idea: Frozen Momos
Original Ask: ₹50 lakhs for 5% equity
Deal: ₹75 lakhs for 16% equity
Booz scooters
Idea: Renting e-bike for mobility in private spaces
Original Ask: ₹40 lakhs for 15% equity
Deal: ₹40 lakhs for 50% equity
Heart up my Sleeves
Idea: Detachable Sleeves
Original Ask: ₹25 lakhs for 10% equity
Deal: ₹25 lakhs for 30% equity
Tagz Foods
Idea: Healthy Potato Chips
Original Ask: ₹70 lakhs for 1% equity
Deal: ₹70 lakhs for 2.75% equity
Head and Heart
Idea: Brain Development Course
Original Ask: ₹50 lakhs for 5% equity
Deal: No Deal
Agri Tourism
Idea: Rural Tourism
Original Ask: ₹50 lakhs for 5% equity
Deal: No Deal mentioned
qZense Labs
Idea: Food Freshness Detector
Original Ask: ₹1 crore for 0.25% equity
Deal: No Deal mentioned
Peeschute
Idea: Disposable Urine Bag
Original Ask: ₹75 lakhs for 4% equity
Deal: ₹75 lakhs for 6% equity
NOCD
Idea: Energy Drink
Original Ask: ₹50 lakhs for 2% equity
Deal: ₹20 lakhs for 15% equity and ₹30 lakhs debt
CosIQ
Idea: Intelligent Skincare
Original Ask: ₹50 lakhs for 7% equity
Deal: ₹50 lakhs for 25% equity
JhaJi Achaar
Idea: Pickle
Original Ask: ₹50 lakhs for 10% equity
Deal: No Deal
Bummer
Idea: Underwear
Original Ask: ₹75 lakhs for 4% equity
Deal: ₹75 lakhs for 7.5% equity
Revamp Moto
Idea: E-Bike
Original Ask: ₹1 crore for 1% equity
Deal: ₹1 crore for 1.5% equity
Hungry Heads
Idea: Restaurant serving 80 types of Maggi
Original Ask: ₹50 lakhs for 5% equity
Deal: No Deal
Shrawani Engineers
Idea: Belly Button Shaper
Original Ask: ₹10 lakhs for 20% equity
Deal: No Deal
Skippi Pops
Idea: Ice-Pops
Original Ask: ₹45 lakhs for 5% equity
Deal: ₹1 crore for 15% equity
Menstrupedia
Idea: Menstrual Awareness Comic
Original Ask: ₹50 lakhs for 10% equity
Deal: ₹50 lakhs for 20% equity
Hecolll
Idea: Pollution Resistant Fabric
Original Ask: ₹1 crore for 1% equity
Deal: No Deal
Raising Superstars
Idea: Child Development App
Original Ask: ₹1 crore for 2% equity
Deal: ₹1 crore for 4% equity
Torchit
Idea: Products for visually impaired people
Original Ask: ₹75 lakhs for 1% equity
Deal: No Deal
And many more...
The total investments made by each "shark" during the pitches on Shark Tank India:
Ashneer Grover: Invested ₹5.383 Crore
Namita Thapar: Invested ₹6.383 Crore
Anupam Mittal: Invested ₹5.338 Crore
Vineeta Singh: Invested ₹3.042 Crore
Aman Gupta: Invested ₹9.358 Crore
Peyush Bansal: Invested ₹8.297 Crore
Ghazal Alagh: Invested ₹1.2 Crore
These numbers reflect the investors' active participation and commitment to nurturing and supporting entrepreneurial ventures in India, signifying their confidence in these businesses' potential to grow and succeed. Each investor's commitment also underscores their investment strategies and the sectors they possibly find most promising or align with their business philosophies.
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