In the dynamic realm of Indian business reality television, Shark Tank India has emerged as a cultural and entrepreneurial phenomenon. With its magnetic pull and gripping narratives, the show has not only captivated audiences but has also become a powerful catalyst for aspiring entrepreneurs looking to turn their dreams into reality. From the remarkable pitches to the seasoned panel of sharks, each episode has become a microcosm of innovation, strategy, and, at times, nail-biting negotiations.
Season 2, with its heightened stakes and diverse array of business ideas, stands as a testament to the show’s enduring popularity and its role in shaping the landscape of Indian entrepreneurship.
As the entrepreneurial saga continued into Shark Tank India Season 2, a plethora of remarkable ideas graced the stage. Let’s pause for a moment to spotlight the cream of the crop, the top ten business ideas that stood out and made waves in the tank.
Must read: Top 10 Business Ideas Of Season 1
This season bids adieu to the charismatic Ashneer Grover, known for his meme-worthy one-liners. In his absence, Amit Jain, the Founder and CEO of CarDekho, steps into the arena. Ghazal Alagh, co-founder of Mamaearth, also takes a hiatus, making way for a fresh perspective.
The formidable panel of judges for Shark Tank India Season 2 includes: Aman Gupta, Amit Jain, Anupam Mittal, Peyush Bansal, Namita Thapar, and Vineeta Singh
Paradyes emerged as pioneers in semi-permanent hair color. Founded by the dynamic duo, Yushika Jolly and Siddharth Raghuvanshi, in March 2021, Paradyes set out to redefine hair coloring norms, breaking away from traditional shades.
Their revolutionary, affordable products, boasting user-friendliness and lasting color impact, quickly gained traction. With a robust presence in stores and online platforms, Paradyes garnered over 80k Instagram followers.
In a high-stakes pitch, seeking ₹65 lakh for 1% equity at a ₹65 crore valuation, the founders captivated the sharks with their strategic approach.
A fierce bidding war ignited, led by Peyush Bansal offering ₹65 lakh for 5% equity at a ₹13 crore valuation. Despite multiple lucrative offers, the founders opted for Vineeta Singh and Aman Gupta’s deal—₹65 lakh for 2% equity, propelling Paradyes’ valuation from ₹13 crore to ₹32.5 crore in minutes.
We got to witness a rare shark fight and this intense bidding war showcased Paradyes’ undeniable appeal and disruptive potential, solidifying its status as a game-changer in the hair care industry.
Zillionaire India, a dynamic startup crafting bling jewelry inspired by the flamboyant style synonymous with rappers, made waves on Shark Tank India Season 2 with its youthful energy and impressive achievements.
Achieving a substantial ₹11 lakh revenue in its inaugural year, the founders exuded confidence as they entered the tank seeking ₹50 lakhs for a 3.3% equity share. However, their pitch took an unexpected turn when Anupam Mittal, the visionary behind Shaadi.com, saw immense potential and offered ₹1 crore for a 10% stake.
This bold move showcased the founders’ audacity and sealed a deal that affirmed the value of Zillionaire India’s unique approach to bling jewelry. The sharks were captivated by the founders’ creativity and vision, making this negotiation a standout success story on Shark Tank India.
Arun Aggarwal, the brains behind a groundbreaking innovation, stole the spotlight on Shark Tank India S2 with his revolutionary device for remote fetal-maternal monitoring, aiming to simplify the journey for expectant mothers. Season 2 witnessed fierce competition among the sharks as Arun’s pitch generated intense interest. When he laid down the ask – ₹1 crore for a 2.5% equity stake – a bidding war erupted among the sharks vying to be part of this game-changing venture.
In the end, Arun chose to join forces with Namita Thapar, recognizing her invaluable expertise in the healthcare sector. The exposure and support garnered from Shark Tank India Season 2 played a pivotal role in propelling his business forward, and Arun expresses sincere gratitude for the transformative opportunity.
Kyari Innovations, living up to its distinctive name, brought a game-changing invention to the Shark Tank India stage. The ingenious sibling team of Smratika and Abhay Sharma unveiled the world’s first smart walking sticks, loaded with an impressive array of features. These innovative companions include a power bank, a panic alarm, LED lights, and even an electrical probe.
The sharks were quick to take notice, and the buzz around their invention led to a significant deal. In a show of confidence and support, Peyush Bansal and Aman Gupta stepped up, offering ₹51 lakhs for a 6% equity stake in Kyari Innovations. This endorsement and investment from such prominent entrepreneurs not only marked a successful pitch but also underscored the undeniable potential and value embedded in Kyari Innovations’ groundbreaking smart walking sticks.
FastBeetle, the logistics marvel straight out of Kashmir, etched an unforgettable chapter on Shark Tank India with its compelling narrative. Unveiled in 2019 by childhood friends Sheikh Samiullah and Abid Rashid, this visionary startup clinched a substantial investment of ₹90 Lakhs from heavyweights Piyush Bansal and Aman Gupta.
The sharks were not just taken by their innovative logistics model but were also struck by the unwavering determination and confidence exuded by these dynamic entrepreneurs. Their compelling pitch showcased not only their business acumen but also their passion for transforming the logistics landscape.
Since their impactful episode hit the airwaves, FastBeetle has become a sensation, inundated with an outpouring of support through hundreds of calls and messages flooding in from every nook and cranny of the country. This groundswell of interest not only cements its footprint in the logistics arena but propels FastBeetle into an exciting trajectory of success.
In a groundbreaking moment on Shark Tank India Season 2, Ajinkya Dhariya wowed the sharks with PadCare, a revolutionary sanitary waste management product. The “Sanibins” in the toilet store used sanitary napkins for up to 45 days, emphasizing effective disinfection and odor control. Dhariya, a young entrepreneur from Maharashtra, founded the startup in 2018 with a vision for eco-friendly waste disposal and dignifying waste pickers.
His innovative technology, developed in 2021, garnered acclaim, leading to a joint investment of Rs 1 crore for a 4% equity stake from Peyush Bansal, Namita Thapar, Vineeta Singh, and Anupam Mittal. The judges praised PadCare as a symbol of positive change in India, acknowledging Dhariya’s dedication to innovation and environmental sustainability.
Leveraging recycled material from sanitary napkins, PadCare aims to create decorative products for homes while making safe and eco-friendly sanitary napkin disposal accessible to a wider audience in the coming year.
Broomees, the brainchild of Vaibhav Agrawal, Niharika Jain, and Saurav Kumar, took the Shark Tank India Season 2 stage by storm. This groundbreaking platform links families with trusted domestic help, spanning from house cleaning to babysitting.
Initially seeking Rs 80 lakhs for a 2% equity stake, they clinched a Rs 1 crore investment for 3% equity from sharks Namita Thapar, Aman Gupta, and Peyush Bansal. With an ingenious approach, Broomees ensures reliable and trained assistance through their website and app, offering perks like health insurance, child education, and interest-free loans. Launched in February 2021, they’ve already transformed over 5000 households, making a significant mark in reshaping the domestic help sector in India.
Portl, conceived by Hyderabad-based friends Vishal Chandapeta, Armaan Khandari, and Indraneel Gupta, stole the show on Shark Tank Season 2 with their groundbreaking fitness innovation. Combining the convenience of a home gym with the personalized touch of a personal trainer, Portl introduces the concept of an AI ‘smart mirror.’ This mirror offers highly tailored workouts and wellness solutions, garnering a significant Rs 1.5 crore investment from the sharks in exchange for 2.5% equity.
The AI ‘mirror’ serves as a compact fitness hub, providing on-demand personalized classes in cardio, yoga, and boxing. Designed with artificial intelligence, the startup aims to equip every home in India with this AI-powered 3D screen, contributing to the enhancement of holistic health. Portl’s unique approach to making fitness accessible marks them as pioneers in reshaping the home fitness landscape in India.
Unstop, the trailblazing talent engagement platform, took center stage on Shark Tank Season 2 with a mission to democratize job opportunities. Connecting 4.5 million students and professionals with employers, Unstop sought Rs 1 crore for 1% equity but secured an unprecedented deal of Rs 2 crore for 4% equity from sharks Aman Gupta, Namita Thapar, Amit Jain, and Anupam Mittal.
Founder Ankit Aggarwal’s bootstrapped success story underscored the platform’s impact in revolutionizing job accessibility. Notably, Unstop declined a staggering Rs 5 crore offer, opting for the Rs 2 crore deal, marking it as the biggest offer received on the show. In the face of an alarming urban unemployment rate, Unstop emerges as a beacon for a new India where talent transcends boundaries.
All five sharks united to invest in the burgeoning garment brand, Snitch. Founder Siddharth Dungarwal showcased Snitch as ‘India’s fastest-growing fashion brand for men,’ emphasizing its pioneering launch of coordinated sets for men. Dungarwal’s compelling pitch and vision impressed the sharks, leading to a historic all-shark deal.
The sharks, including Anupam Mittal, Namita Thapar, Peyush Bansal, Vineeta Singh, and Aman Gupta, collectively invested Rs 1.5 crore for a 1.5% equity stake in Snitch. Dungarwal’s emphasis on the value the sharks bring, rather than mere valuation, resonated, culminating in a unique partnership poised to set new benchmarks in the industry. Snitch, with its 100% Made in India fashion line, has rapidly grown since its inception in 2020, presently handling over 2000 daily orders.
The brand’s aspiration to elevate men’s fashion in India aligns with its founder’s dedication, evident in the bootstrap success story and projected sales reaching Rs 90-100 crores for the financial years 2022-2023. This emotional journey, intertwined with Dungarwal’s parental support, culminated in the season’s first all-shark deal, sealing the partnership at Rs 1.5 crores for 1.5% equity.
Excitement is on the rise as Shark Tank India Season 3 is all set to hit screens on SonyLIV next month. This popular business reality show has become a beacon for aspiring entrepreneurs, providing inspiration and motivation for those looking to embark on their own business ventures.
Following the success of its previous seasons, Shark Tank India Season 3 promises to showcase a fresh wave of innovative ideas and ambitious entrepreneurs vying for investment and mentorship from the seasoned panel of dynamic sharks. With a focus on eco-friendly and sustainable initiatives, including a special segment featuring Studentpreneurs, this season is expected to elevate the entrepreneurial spirit to new heights.
If you loved the previous seasons, mark your calendar for January 22, Shark Tank India Season 3 is about to bring more entrepreneurial magic!
In this journey through the Shark Tank waters, catch a sneak peek into what Season 3 might have in store. The entrepreneurial spirit is alive and well, and as we gear up for the deep dive, the anticipation for the future resonates — a future where the tank is even more formidable, the pitches are bolder, and the successes even more extraordinary.
The comedic genius Rahul Dua is back as the host, and the judging panel reunites with Aman Gupta, Amit Jain, Anupam Mittal, Namita Thapar, Vineeta Singh, and Peyush Bansal, showcasing their expertise. Brace yourself for a compelling and motivational season as entrepreneurs plunge into the tank with their innovative pitches.
Intriguingly, Shark Tank India Season 3 is gearing up to introduce six new members to its esteemed panel of judges, infusing the panel with fresh perspectives and a wealth of experience.
Season 3 welcomes industry giants, including Ritesh Agarwal (Founder and CEO of OYO Rooms), Deepinder Goyal (Founder and CEO of Zomato), Azhar Iqubal (Co-Founder and CEO of Inshorts), Radhika Gupta (MD & CEO of Edelweiss Mutual Fund), Varun Dua (Founder and CEO of ACKO), and Ronnie Screwvala (Co-Founder and Chairperson of UpGrad).
Meet Ritesh Agarwal, the innovative force behind OYO Rooms. At 29, he’s the world’s youngest self-made billionaire, disrupting the hospitality industry since founding OYO at the age of 24 in 2013.
A college dropout with a Thiel Fellowship background, Agarwal transformed his initial venture, Oravel Stays, into the global powerhouse that is Oyo Hotels. From selling SIM cards at 13 to a net worth of $2 billion in 2023, his entrepreneurial journey is nothing short of remarkable.
Meet Varun Dua, the CEO behind Acko General Insurance, a $1 billion company making insurance hassle-free for over 2 million vehicles in 16 cities. With 10+ years in the insurance market, Varun founded Acko to bring quick and paper-free insurance solutions using the power of the internet. Before Acko, he led Coverfox Insurance and co-founded GlitterBug Technologies. Varun’s journey includes roles at Tata AIG Life Insurance and Franklin Templeton Investments. Recently, he raised a cool $30 million from investors, making waves in the insurance world.
Deepinder Goyal is the culinary visionary behind Zomato. Co-founding it in 2008, Goyal transformed Zomato from a restaurant discovery platform to an empire reshaping India’s dining landscape.
His strategic brilliance extended Zomato into online food delivery, offering convenience with just a few taps on smartphones. Under Goyal’s leadership, Zomato diversified into table reservations and event bookings, fostering a food-tech culture in India.
With a staggering Rs 2030 crore fortune, Goyal’s Zomato isn’t just a business; it’s a cultural phenomenon integral to the Indian dining experience. Now, he brings his expertise to Shark Tank India, inspiring a new generation of entrepreneurs.
Azhar Iqubal, the 30-year-old brain behind InShorts, India’s top English news app. Azhar, along with college mates Deepit and Anunay, started their journey in 2013 to tackle millennials’ aversion to lengthy news. After graduating from IIT Delhi, Azhar’s vision turned into a reality with InShorts, offering news in a quick 60 words.
Now with 10+ million users and $64 million in funding, Azhar is not just changing how we consume news but also co-founded Public, India’s largest location-based social network. A true entrepreneur, he was honored with the Business World Young Entrepreneur Award.
Introducing Radhika Gupta, the dynamic force at the helm of Edelweiss Mutual Fund as its Managing Director and CEO since February 2017. Previously the Business Head of Edelweiss Multi-Strategy Funds, Radhika is not only a financial luminary but also a recognized author and young global leader, acknowledged by the World Economic Forum.
Armed with a BSc in Economics from The Wharton School and a B.S.E in Computer Science Engineering, Gupta played a pivotal role in steering the mutual fund company to a Rs 1 trillion milestone within five years.
Meet Ronnie Screwvala, the co-founder of UpGrad and the genius behind U Sports, RSVP Movies, and Unilazer Ventures. Recognized among the 75 most influential people in the 21st century and featured in the Times 100 and 25 most powerful people of Asia, he’s a game-changer.
Recently announced as a judge, his wide-ranging experience from movies to entrepreneurship is set to take the platform to new heights. Hailing from a Parsi family in Mumbai, Ronnie started in the 1970s making toothbrushes, later venturing into cable TV in 1981.
His entrepreneurial journey peaked with the 2012 sale of UTV stakes to Disney for over a billion dollars. With a net worth exceeding Rs 12,000 Crore, Ronnie Screwvala continues to shape the worlds of entertainment and education.
This expansion brings the total count of judges to an impressive 12 guaranteeing diverse insights and expertise, ensuring it stands out as the most vibrant and engaging edition of Shark Tank India to date.
Season 3 of Shark Tank India is set to showcase groundbreaking eco-friendly innovations, spearheaded by Indian entrepreneurs. The spotlight is on sustainable ideas to drive change.
Additionally, the season anticipates revolutionary eco-friendly innovations led by Indian entrepreneurs. This season introduces a Campus Special, promising a fresh and inspiring atmosphere as it welcomes the creativity of student entrepreneurs. The newly unveiled promo spotlights college students’ aspirations, setting the stage for an inspiring showcase of India’s brightest minds. This season aims to empower the next generation of innovators, providing a platform for aspiring business owners from top colleges to demonstrate their inventive prowess and entrepreneurial skills. Get ready for an infusion of youthful energy and fresh ideas!
Shark Tank India isn’t your typical TV show; it’s a global entrepreneurial phenomenon that’s shaking up economies and inspiring change. A stage where ambitious minds pitch novel ideas, and when those get the nod, it’s not just about businesses – it’s about sparking an economic revolution.
As entrepreneurs secure investments, jobs blossom, industries evolve, and economies receive an invigorating boost. Yet, Shark Tank India transcends borders; it’s a show that attracts international attention and investments, putting India on the map as a hub of creative brilliance and economic innovation.
The success stories born from the tank aren’t just TV tales; they’re real economic game-changers. These startups aren’t just adding to the economy; they’re shaping it, contributing to GDP growth, and making India a force to be reckoned with in the global innovation playground.
So, when you watch Shark Tank India, you’re not just witnessing pitches; you’re witnessing economic impact, job creation, and the birth of businesses that have the potential to change the world. It’s not just a show; it’s a front-row ticket to the economic future, with entrepreneurs as the visionary conductors.
We’ve looked back on Season 2’s triumphs and geared up for the uncharted waters of Season 3. The tank is expanding, the sharks are multiplying, and the excitement in the country is reaching an all-time high.
