Shark Tank and Companies: Inspiring Journeys from Pitch to Profit
Imagine a reality show on television that brings out emerging entrepreneurs and lets them pitch their business models to the best entrepreneurs.
Isn't that surprising and amazing? Well, that’s the reality of the Shark Tank Journey, and Companies participated in the show.
Since the first season of Shark Tank India, the perception of entrepreneurship altered in the minds of most Indians. The show produced huge success stories. From healthy snacking ventures to farm innovations and protein ice creams, the new talent of Indians is more innovative. Taking the risk to appear on Shark Tank Apart from investments, India also saw astounding growth after the show.
At Shark Tank Journey and Companies, we delve into inspiring success stories that capture the journeys of these visionary founders who progressed into successful ventures after standing on the Shark Tank stage. Let's join in celebrating resilience and ingenuity shaping India's entrepreneurial landscape!
How Shark Tank Works?
Popular by concept, this is a reality TV series in which aspiring entrepreneurs—mostly known as "pitchers"-take gambles to make money by creating something new or providing a service people want. In the show, entrepreneurs pitch their business ideas or products to a panel of wealthy investors, the "sharks."
Five sharks with successful businesses seek investments in equity in return for a share of their companies. These shark tank judges invest according to their profit and company growth. The show presents a ground through which aspiring entrepreneurs find investment funds and expertise to help raise their businesses from ground zero.
The pitchers get only 2-3 minutes to pitch ideas or business models in front of the sharks, and in this pitching time only, they decide how much money/investment they are looking to raise from the sharks and what equity stakes they are willing to give to the sharks in return for investment. Thus, giving an idea about the valuation of the company.
Let us know the terms used in the above article of Shark Tank Journey and Companies:
- Equity: Ownership share of a company.
- Equity stake: Share of ownership given to the investor as a percentage of ownership.
- Valuation: The estimated value of a business.
Shark Tank Journey and Companies: 5 Amazing Indian Companies Proving Their Mettle
♦ The Sass Bar
Sass Bar is the first name among the best Shark Tank journeys and companies. Successfully built its brand as a luxury soap maker that makes shower products look and smell like desserts. A great offering of aesthetically appealing items that are too mouth-watering, like their muffin soaps, ice cream soaps, donut soaps, bath bombs, whipped soap scrubs, and many more - all stuffed with the goodness of organic ingredients for your soft skin.
- Founder – Rishika Shetty
- Location – Mumbai, Maharashtra
- Founded In – 2019
- Estimated Net Worth/Valuation – Rs. 1.43 Crores
♦ TagZ Foods
TagZ Foods makes healthier snacking choices by serving lip-smacking popped potato chips. According to the brand, the process of producing these chips is similar to air frying but with added pressure, which makes it 50 percent less fatty than competing options in the market. TagZ Foods is emerging as one of India's fastest-growing D2C food brands and is available in many flavors.
- Founders – Anish Basu Roy and Sagar Bhalotia
- Location – Bengaluru, Karnataka
- Founded In – 2019
- Website – www.tagzfoods.com
♦ Auli Lifestyle
The next name on the list of Shark Tank Journey and Companies is Auli LifeStyle. It is a cruelty-free ayurvedic skincare brand that offers an excellent range of organic products for all skin types. All the products are handcrafted with no harmful ingredients used, just natural ingredient usage leading to unique yet affordable skincare products.
- Founder – Aishwarya Biswas
- Location – Kolkata, West Bengal
- Founded In – 2019
- Website – www.aulilifestyle.com
♦ Skippi Ice Pops
Skippi Ice Pops was the first brand to get a deal from all the sharks of Shark Tank India worth Rs. 1.2 crores for 15% equity. It's the first brand of popsicle ice pop in India. Production takes place from natural fruits and vegetables. Skippi Ice Pops has more than 2000+ retail outlets all across the country. The company's revenue increased to Rs. 70 lakh/month from a mere Rs. 4-5 lakh/month.
- Founders – Ravi Kabra and Anuja Kabra
- Location – Hyderabad, Telangana
- Founded In – 2020
- Estimated Net Worth/Valuation – Rs. 66 Crores
♦ Hammer Lifestyle
Lifestyle is an athleisure electronics wearable brand providing gadgets, including smartwatches, headphones, earphones, grooming accessories, and many more. Shark Tank India presented an offer of Rs. 1 crore for 40% equity to Hammer Lifestyle. Then, this athleisure tech brand has put its smart and innovative thinking into its technology and flexible working culture and increased team strength to become a smart gadget brand in India as brilliant as one can imagine.
