It's not about ideas. It’s about making ideas happen. With the same spirit, Shark Tank India is back with its season 2 after a huge hit in Season 1. You can watch it on the Sony Television channel from Monday to Friday at 10 p.m. or on the OTT app Sony LIV, Sonyliv.com. Check out the following space to know about what’s trending on the show and in which startup sharks are investing in season 2.
|Starting Date||2nd January 2023|
Anupam Mittal, Aman Gupta, Peyush Bansal, Vineeta Singh, Namita Thapar, Amit Jain
10 p.m. Monday to Friday
Sony Entertainment Television
"Cheesecake and Co.," established by the supportive couple Himanshu Gakhreja and Shreya Agarwal, the day's pitches get off to a "cheesy" start. Their bakery offers more than 15 different sorts of cheesecakes, with the blueberry flavor dominating as their specialty and introducing the creamy union of tart and cake. With their facilities in Delhi and Bengaluru and 2.5 lakh orders already delivered, "Cheesecake and Co." offers its consumers a winning combination of outstanding quality, flavor, and 100% eggless cakes.
Ask - Rs 1 crore for 2% equity
Offer - None
In their second presentation, entrepreneurs Neha Bajaj and Karen Saldanha invite everyone to "Dabble" with their kid-friendly, toxin-free, and developmentally appropriate art supplies. After introducing ten items, including colours, glue, finger paints, and more, they now employ natural oils in their finger paints to make them easier to remove with tissues. Every ingredient needed to make the mix is transparently listed on the final box as well.
Ask - Rs. 50 lakhs for 10% equity
Offer - Rs.15 lakhs against 10% equity and Rs. 35 lakhs debt
Investor - Aman Gupta
The founders of "Cloud Tailor," a one-stop personalized fashion and tailoring firm founded by Rudra Pratap, Susmitha Lakkakula, and Mahesh Patel, deliver the penultimate pitch. They present their online platform where clients can upload their ideal designs and then receive the resultant customized output sent to them between 24 hours to 7 days. Leading with the phrase "You dream it, We switch it," they present it.
Offer - Rs 1 crore for 1.4% equity
Deal - None
The founders of "Be Unic," Ashish Chopra, Simmi Nanda, and Vishesh Chopra, end the last round of pitches. The trio introduces its e-commerce platform, run by the LGBTQ community for clothing and fashion accessories, to start a discussion about the LGBTQIA+ community. Simmi Nanda, Ashish Chopra's mother, charms the Sharks as she recounts his coming-out tale, encouraging them to "love them, touch them, kiss them because the closet is not a place to be in."
Offer - Rs 1 crore for 10% equity
Deal - None
Before heading on to the best pitches and offers of Shark Tank Season 2, there are some basic terms that you should know to have a better understanding of the show.
Revenue Run Rate - A forecast of a company's earnings based on its revenue for a specific time period.
Valuation - Calculating the fair worth of an asset, investment, or company through valuation is a mathematical procedure.
Equity - Capital owned or invested by a company's owner is referred to as equity.
Turnover- Your total business income over a period of time.
Gross Profit Margin - Determines the financial health of a company and is calculated as revenue less cost of goods sold as a percentage of total sales.
D2C - Direct to customer
Seed Funding/Angel Funding- First round of investment
Bootstrapping- The method of starting and expanding a business utilizing solely available resources, such as personal funds, personal technology, and garage space.
EBITDA - Earnings Before Interest, Taxes, Depreciation, and Amortization
Shark Tank India judges or sharks are a panel of potential investors that might be interested in investing in startups based on their interests. While Ashneer Grover was one of the popular sharks in season 1, he is not on the panel of Shark Tank India Season 2. Check out the following section to know more about season 2 sharks.
Anupam Mittal is an Indian business executive, entrepreneur, angel investor, and former actor. Mittal is best known for founding the media firm Mobango, the short-form video platform Mauj, the real estate marketplace Makaan.com, and the matrimony website Shaadi.com. Anupam Mittal’s net worth is around 185 crores.
Grip Kae Capital
Aman Gupta is an Indian entrepreneur best known for co-founding and serving as CMO of the electronics brand boAt. His net worth is around 700 crores.
The Renal Project
Skippi Ice Pops
Namita Thapar is the Executive Director of Emcure Pharmaceuticals, a multinational pharmaceutical firm based in India, as of 2022. Her net worth is around 600 crores.
AAS Vidyalaya - Anytime Anywhere School
Vineeta Singh is an Indian entrepreneur best recognized as the creator of the well-known Indian cosmetics company SUGAR, which was founded in 2015. Her net worth is around 300 crores.
Skippi Ice Pops
An Indian businessman named Peyush Bansal is the co-founder and CEO of the eyewear retailer Lenskart. His net worth is around 600 crores.
Anyone who has a startup concept or is an entrepreneur is eligible to register for Shark Tank India.
As long as the person in question is an Indian citizen, a resident of India, at least 18 years old on April 30, 2022, and in good physical and mental condition.
The three-stage Shark Tank application process is quite easy to follow.
Interview by business consultants
Note: You can also download the Sony LIV app and apply as a wild card entry ( if you are lucky enough)
Rs 1 crore for 1.5% equity (Aman Gupta + Anupam Mittal)
Rs 50 lakhs for 20% equity (Namita Thapar)
Skippi Ice Pops
Rs 1 crore for 15% equity (All sharks)
Rs 1 crore for 6% equity (All sharks)
Rs 50 lakhs for 25% equity (Vineeta Singh + Anupam Mittal)
Smart Helmets by Altor
Rs 50 lakhs for 7% equity (Namita Thapar and Aman Gupta)
This year the popular comedian Rahul Dua is hosting the show. The first season was hosted by Ranvijay Singh.
Shark Tank India is rated 8.8/10 on IMDb.
You can watch it on your TV sets on Sony Entertainment or download the Sony LIV app to stream it on your smart TVs, mobiles, tablets, and PCs. Get a flat discount of 10% on Sony LIV subscriptions via coupons available.
Shark Tank India is currently one of the top reality TV shows. Keep visiting this space to know about regular updates of this season. Subscribe to Sony Liv and avail of coupon codes to get discounts on your subscription plans.