Shark Tank India, the country's first business reality show, was a smash hit in its inaugural season. The show has been a huge hit, both in terms of audience and inspiring the startup community. In the first season, which lasted 30 episodes, 67 businesses received funding totaling Rs 41.98 crore.
The Shark Tank India judges all successful entrepreneurs, have become cultural superstars in their own right. Several Shark Tank India episodes have since become memes.
The creators of Menstrupedia, India's first comic book on periods, received Rs 50 lakhs for a 20% stake in the winning pitch. Aditi Gupta, the co-founder of the startup, recently provided some tips on constructing a successful pitch on the show. Gupta and her husband, Tuhin Paul, also her co-founder, appeared on Episode 6 of the show and received finance from Emcure Pharmaceuticals CEO Namita Thapar.
Nowadays, Indian families watch Shark Tank India together. Shark Tank India encourages Indian families to have entrepreneurial talks, which were previously uncommon. It also provides budding enterprises with a forum to promote their products at a level that would otherwise be impossible.
We witnessed amusing proposals that solved important problems in the first few episodes. Here are a few Shark Tank India pitches that you might find intriguing.
1. Revamp Moto
Revamp Moto was the deal that resulted in a shark war. Revamp is the first modular utility vehicle in India. They came for one crore rupees for a 1% stake and left with 1.5 crore rupees and two sharks, Aman Gupta and Anupam Mittal.
Ashneer Grover offered them 1.25 percent, but they decided to go with two sharks instead. It was a high-octane pitch, complete with a fantastic product and a shark fight
Menstrupedia Comic is a great charity that attempts to educate people about menstruation and dispel its stereotypes. Emcure's Executive Director Namita Thapar gave them a 50 lakh investment for a 20 percent equity stake.
WeStock is a Brainwired product that tracks cows' health and reproductive cycle. WeStock is a purpose-driven product aimed at the country's farmers. It has the potential to be a highly beneficial tool for Indian farmers.
The product itself and the manner the co-founders answered all of the questions made their pitch engaging. The co-founders requested 50 lakhs for a 5% stake in the company and accepted the offer of 60 lakhs for a 10% stake in the company from three sharks: Namita Thapar, Peyush Bansal, and Ashneer Grover.
4. Jugaadu Kamlesh
Jugadu Kamlesh's filmy pitch and Peyush Bansal's investment captivated the hearts of every Indian. The purpose was straightforward: to assist the country's farmers. Kamlesh devised and built a pesticide trolley spray that farmers could apply pesticides to their crops.
He secured finance of 10,00,000 rupees for 40 percent equity from Shark Peyush Bansal, as well as a flexible no-interest loan of 20,00,000 rupees, which he may repay in modest increments as the product sells.
5. The State Plate
The State Plate is a group of young entrepreneurs that want to bring regional products from all over the country together. This brand highlights India's culinary diversity, from Punjab's Pinni to West Bengal's Jhalmuri.
The State Plate founders were open to the improvements suggested by the sharks, but they refused to accept the sharks' offer of equity. Peyush Bansal offered them 40 lakhs in exchange for a 3% ownership and a debt of 25 lakhs.
Annie is a device developed by Thinkerbell Labs for children with special needs. The demonstration was done by young Prathamesh Sinha, who did an excellent job of showcasing the product.
Three sharks - Peyush Bansal, Namita Thapar, and Anupam Mittal - offered them 1.05 crores in exchange for 3% equity.