Introducing the show that will change your vision towards the entrepreneurs who are empowering the world with their unique talents, intelligence, and ideas.
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Shark Tank India, a show first-time in India featuring 5 big wigs of the business world where young entrepreneurs of India get a chance to pitch their idea on National Television and get an investment from the Sharks to boost their budding business.
Also read: Shark Tank India Judges and Show Details
The show that kick-started on 20th December looked quite promising and impressive to the audience. In the first episode, the team SHARKS were seen from motivating fresh ideas to being blunt enough with their opinions on business concepts.
Besides bringing the appealing talents with their ideas on board by young business owners, they had set a high example of saying NO in a manner without hurting the idea of youth; the approach, whether they liked or not, towards every talent, is unique.
Despite being top-notch business tycoons, the best part about them was their humility and being down to earth. Obviously, that’s why they are there; The Business Tycoons. They played the game very well by not demotivating the business idea of any entrepreneur but at the same don’t refrain from showing the real mirror to the business ideas.
Ranvijay Singh, the popular youth icon, is hosting the first edition of Shark Tank India.
Introduction to the SHARKS
Ashneer Grover
Fortune India under 40
India’s brightest young business mind 2021
Founder and MD Bharat PE
Namita Thapar
Executive director Emcure Pharmaceuticals
40 under 40 India’s hottest young business leaders 2017\
Anupam Mittal
Outstanding serial entrepreneur and investor
TIEcon Mumbai 2020
Founder and CEO Shaadi.com and People Group
Vineeta Singh
CEO and Co-founder Sugar cosmetics
Most powerful women in business 2021
Business Today
Aman Gupta
Economic Times 40 under 40
Co-founder and CMO boat
Shark Tank India – Know the Start-ups
Aditi Madan – Blue Pine Foods Pvt. Ltd.
First up on the show was Aditi Madan, 43-year-old, also known as Momo Mami, who runs a frozen momo company Blue Pine Foods Pvt. Ltd. It’s a proprietary food processing business. Hailing from Darjeeling, Aditi started making momos at the age of 8 and, with time, set up a successful business of momos. Her, concern is to reach the people with the authentic flavors of the Himalayas. Her momos are preservative frees and nutritious; also has gluten-free and vegan-free momos.
She has approached the sharks with an ask of Rs 50 lakhs for 5% equity. Firstly, Shark Ashneer offered Rs. 50 lakhs demanding 7% equity, whereas Anupama and Namita backed off. While Vineeta Singh offered Rs. 50 lakhs for 20% equity from only Bluepine Pvt Ltd. The last offer that was accepted by Ashneer, Aman, and Vineeta of Rs. 75 lakhs for a 16% stake, and the deal was locked.
Besides backing off, shark Ashneer proposed an idea of leveling up the kitchen models through a platform like Swiggy and Zomato.
Rutvij Dasadia – Bootz Scooters
After that a young Gujarati boy, Rutvij Dasadia, with the idea of electric scooters who runs Bootz scooters, hailing from Bhavnagar, Gujarat, came. The boy collected all his energy in pitching the electric scooter’s idea that would eliminate pollution and other environmental hazards that are generated due to the fuel vehicles.
It seems the Sharks were not much impressed with the electric scooters as with the investment of Rs. 40 lakh till now, he is generating a revenue of only Rs 4 lakhs.
Rutvijay approached the Sharks to make an investment of Rs. 40 lakhs for the 15% stake. Anupam Mittal backed off from the proposal and explained why he is not interested. According to him, the operational business needs proper density.
Besides Anupam, Namita Thapar also backed off as she has been always involved in a product-based business rather than a service-based business. Aman was also not interested in making any investment In Bootz Scooters business as revenue generation is very low as compared to the investment.
After many counters offer between Sharks and Rutvij, at last, Rutvij agreed to give half of the stake to Shark at an investment of Rs. 40 Lakhs.
Riya Khattar – Heart Up My Sleeves
Next up, a young Delhi-based girl Riya Khattar owing a brand Heart Up My Sleeves came to pitch her business idea with the Sharks. The unique brand aims at minimalism and the business idea was conceived at the time of the outbreak of the pandemic. The idea of detachable sleeves, which can be worn differently by women, seems interesting in the fashion world but, the judges find less potential as she deals only in sleeves. They said she needs to broaden her areas to be successful.
She pitched the sharks with an ask of Rs. 25 lakhs for 10% equity. Ashneer stepped out by explaining that it is a fashion business rather than an investable business. Namita and Aman also backed off by explaining their views about this product.
Lastly, the deal was done with an offer for Rs. 25 lakhs of 30% equity between Vineeta, Anupam, and Riya.
And, finally, the first episode of Shark Tank India ends with a good note by offering good investment to the start-ups to expand their areas of working and profit.
Shark Tank India – More Business Ideas
The second episode started on a high note with many alluring pitching ideas like popped chips and international dips, pocket ECG ideas, some pitched the Sharks with their renovating ideas to make a child more curious about the topics that are taught in schools and lots more.
Also, a good part of the show was not confined only to pitching the idea and making investments but was converted to explain several business terminologies. This would help the show to expand its viewership and not be restricted only to the business-oriented audience.
For more updates about the show, watch the SonyLIV App or stay tuned to your TV from Monday to Friday at 10 p.m. You never know which business idea strikes and you also become one of the Sharks.
