Shark Tank India
Introduction
"Shark Tank India" is a popular Indian business reality television series that debuted on Sony Entertainment Television. The show is based on the American series "Shark Tank," which itself is a spin-off of the Japanese series "Dragons' Den." "Shark Tank India" provides a platform for aspiring entrepreneurs to pitch their business ideas to a panel of successful business tycoons, known as "sharks," in hopes of securing investment and mentorship.
Show Format
The premise of the show is quite straightforward yet compelling. Entrepreneurs from various sectors and industries present their innovative products, services, or business models to a panel of sharks. These sharks are highly successful business magnates and investors who have achieved significant success in their respective fields. Each entrepreneur is given a limited time to make their pitch, during which they must succinctly explain their business concept, its market potential, financial metrics, and the amount of investment they are seeking in exchange for equity in their company.
Shark Tank India Season 1 Overview
Premiere Date: December 20, 2021
Finale Date: February 11, 2022
Total Episodes: 36
Host: Rannvijay Singh
Sharks
- Ashneer Grover: Ex-Managing Director and co-founder of BharatPe
- Aman Gupta: Co-founder and Chief Marketing Officer of boAt
- Anupam Mittal: Founder and CEO of Shaadi.com and People Group
- Namita Thapar: Executive Director of Emcure Pharmaceuticals
- Peyush Bansal: Co-founder and CEO of Lenskart
- Vineeta Singh: CEO and co-founder of SUGAR Cosmetics
- Ghazal Alagh: Co-founder and Chief Mama of MamaEarth
Format
The first season received 62,000 aspirants from India, out of which 198 businesses were selected to pitch their ideas to the sharks. Out of these pitches, 67 businesses secured deals.
Notable Deals
- BluePine Industries: Frozen Momos - ₹975 lakhs for 16% equity
- Booz Scooters: Renting e-bike for mobility in private spaces - ₹940 lakhs for 50% equity
- Heart up my Sleeves: Detachable Sleeves - ₹925 lakhs for 30% equity
- Tagz Foods: Healthy Potato Chips - ₹970 lakhs for 2.75% equity
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Source: Shark Tank India, SonyLIV, Wikipedia
Disclaimer: Above article only publishes details for education purpose and does not solicit or request to invest in any company or product. Users are requested to visit respective profiles of companies and/or individuals for more details. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.
