Shark Tank India Season 2 is well under swing with our six Sharks – Anupam Mittal Founder-CEO of Shaadi.com – People Group; Aman Gupta, Co-Founder-CMO of boAt; Namita Thapar, Executive Director of Emcure Pharmaceuticals; Vineeta Singh, Co-Founder-CEO of SUGAR Cosmetics; Peyush Bansal, Founder-CEO of Lenskart.com and Amit Jain, Co-Founder-CEO of CarDekho Group and InsuranceDekho.com.
Hosted by comedian Rahul Dua, the series has Payal Seth as its creative director, and Studio NEXT handling the production aspect with Ravikesh Vatsa as its writer. Having covered 18 episodes as of January 25, 2023, we’ve witnessed the shark joining hands to fund countless business pitches. Let’s take a look at those brands listed below that have secured such joint deals till now.
Joint Deals Offered on Shark Tank India Season 2
Hoovu
Led by sisters Yeshoda and Reha Karturi, the second season of the show was kickstarted by bedecking the stage with Pooja flowers all over. Their Bengaluru-based business promises the masses fresh Pooja flowers. Working out a technology to retain the freshness of the flowers and to increase their shelf life from 2 to 15 days, the team acquired an investment of Rs. 1 crore for 2% equity from Aman and Peyush.
Dorje
Bringing the chilly, yet warming embrace of the hills to the Shark Tank India set, Sparsh Agarwal and Ishaan Kanoria offered green and black tea leaves from Selim Hill, spanning the four flushes – first, second, monsoon and autumn. Following a subscription model to keep a track of their customers, they’re able to welcome an investment of Rs. 30 lakhs for 15% equity from Anupam, Peyush and Vineeta’s trio during the same episode-run.
Very Much Indian
The Paithani-weave saree brand by Manish Atri & Slony Baldev Gambhir hands out authentic Indian handloom pieces to the sharks, extolling the Indian fashion heritage and draw our attention back to the intricate efforts put in by the handiwork that has now been overtaken by the bulk production via machines. Taking home an amount Rs. 50 lakhs against 10% equity, Very Much India wins a deal with Namita and Aman in Episode 2.
Watchout Wearables
Episode 2 also introduces Abhisek Baheti advanced consumer wearables innovation that primarily target kids’ safety. Vineet and Anupam grant the founder’s wish for the day by handing out a cheque of Rs. 1 crore against 10% equity and Rs. 1 crore debt at 15% interest.
STAGE
Setting the STAGE for ‘Made in India’ local dialect content, or a desi-fied Netflix if you will, Parveen Singhal, Shashank Vaishnav & Vinay Singhal share their high on inspiration story with the sharks. Moved by their work on the ground level to reach out to an ever-expansive audience as a means to curb varied stereotypes surrounding the various dialects, Peyush, Namita and Aman present them a collective offer of Rs. 1.5 crores for 0.6% equity and Rs. 1.5 crores debt at 18% interest in Episode 3.
Gear Head Motors
The Hyderabad-based company developed electric bicycles and tricycles and is founded by Nikhil Gunda, and Meher Sai. Episode 4 led them to a joint deal with Aman and Peyush for Rs. 1 Crore against 6.67%.
PatilKaki
Peyush collaborates with Anupam to pitch in the amount of Rs. 40 lakhs for 4% equity in Episode 4 for Vinit Govinda Patil, Geeta Govinda Patil & Darshil Anil Savla’s PatilKaki, a home-based Maharashtrian snacks business.
Winston
Making a neon-lit masked entry in Episode 5, Himanshu Adlakha & Nikita Adlakha presented the pitch for their ‘Smart, Sturdy and Super easy’ to use line of beauty appliances that help cut down your rounds to the salon. Vineeta and Anupam came together to tale their business to a new height of success by offering them Rs, 1 crore against 10% equity.
Tea Fit
Founded by the driven entrepreneur Jyoti Bharadwaj, ‘Tea Fit’ promotes its unsweetened range of beverages and wins the sharks over with is agenda by bagging an investment of Rs. 50 lakhs, 8% equity from Aman, Peyush and Vineeta in Episode 6.
Haqdarshak
Raising awareness for a well-matched social cause, ‘Haqdarshak’ was founded in 2016 as a mobile and web platform to bridge the gap between the country’s citizens and all the government schemes they’re eligible for. Founded by Aniket Doegar, the much-needed vision gains further traction with an investment of Rs 1 crore for 2% equity from Aman, Namita and Peyush. The trio was persuaded by the founder to come on board as a team despite their initial individual deals, and they agreed in the end.
The Simply Salad
Despite Aman Gupta’s dislike for salads, he ultimately decided to join this venture with Vineeta by investing Rs. 30 lakhs for 10% equity in Payal Pathak, and her son Soham Payal Pathak’s company ‘The Simply Salad’. Episode 7 introduced us to this Ahmedabad-based business offering a wide range of exotic salad bowls which are accompanied with dips, crunches etc.
Atypical Advantage
In Episode 8, Namita lays down the final joint offer with Aman for Rs. 30 lakhs for 3% equity for ‘Atypical Advantage’, India’s biggest inclusive platform offering employment opportunities to the disabled population. Vineet Saraiwala’s platform particularly gathers passionate interest from Peyush’s side was well, but he wanted to come forth as a solo investor. Ultimately, Namita and Aman have the deal.
House of Chikankari
The mother-daughter duo of Aakriti and Poonam Rawal showcase their Chikankari fashion line in Episode 8 and gain an investment from Aman and Peyush for Rs. 75 lakhs against 3.75% equity.
Paradyes
Possibly the most uproarious and memorable pitch of the season till now saw all the sharks present on the set fighting out to win this deal. ‘Paradyes’, a semi permanent hair dye brand founded by Rushika Jolly and Siddharth Raghuvanshi, secured an offer of Rs. 65 lakhs for 2% equity with Aman and Vineeta in Episode 9. The initial heated exchanges between the sharks also saw an interest from Anupam and Peyush, however, the team sided with Aman and Vineeta’s expertise as needed.
Primebook
Aman and Anupam invest Rs. 75 lakhs for 3% equity in ‘Primebook’ founded by Chitranshu Mahant, Umang Leech, Aman Verma and Pankaj Rawat, who push for online education and the digitalisation of the domain though line of laptops, supported by the Indian operating system – PrimeOS. Making the android system even more accessible for students on laptops, the team wins this round of pitches in its favour.
Inside FPV
This particular pitch saw all four – Peyush, Aman, Namita and Amit funding the mission with Rs. 75 lakhs for 15% equity. Arth Chowdhary, Oshi Kumari, and Deyvant Bhardwaj, the young minds of the ‘Inside FPV’ (First Person View) team exhibited India’s first-ever consumer-based, plug-and-fly FPV drone in Episode 13.
Kyari
Having developed the world first smart stick ‘Guardian’, siblings Smratika and Abhay Sharma, also fellow adventure enthusiasts, impressed the sharks with their pitch in Episode 14 and eventually gained Anupam and Peyush’s trust with an offer of Rs. 51 lakhs against 6% equity. ‘Kyari’ didn’t want to be devaluated, which led to a tug of war for negotiation between the business and the sharks. Ultimately, Anupam and Peyush’s deal got the win against the other sharks who also expressed their keen interest in the business.
FastBeetle
The Kashmiri delivery service founded by Sheikh Samiullah and Abid Rashid was started in 2019 and offers speedy and safe deliveries, even on a tough terrain like Kashmir and locations like the Uri Border, LOC, and others, and has even helped other Kashmiri entrepreneurs in the long run as well. Aman and Peyush invest in the company with a deal of Rs. 90 lakhs for 7.5% equity. Namita and Amit also had a joint offer to make, but the Episode 15 pitch went to Aman and Peyush.
VS Mani and Co
Episode 16 sees Namita and Anupam funding the vision of ‘VS Mani and Co’, a brand that supplying authentic instant filter coffee, South Indian snacks and spices. It’s founders GD Prasad, Rahul Bajaj, and Yashas Alur hoped to represent South India with a burning passion and they returned him triumphant with an offer of Rs 19 Lakh at 1 percent equity with Rs 41 Lakh debt at a 10 percent interest rate from Namita, while Anupam “got on board as an angel investor way before the Shark Tank India episode”, as mentioned in GD Prasad’s LinkedIn post.
Solinas
Peyush and Anupam join hands to present a cheque of Rs. 90 lakhs against 3% equity to the ‘Solinas’ founders Divanshi Kumar, Bhavesh Narayani, Linda Jasline and Moinak Banerjee. With their AI-based septic tank-cleaning robots, the company’s aim is to eradicate manual scavenging and all the hazardous side effects of the same. The team takes another step towards the development of our nation in Episode 16.
Shark Tank India Season 2 will be made available for live-streaming on SonyLIV, and will also be broadcasted on Sony Entertainment Television from Monday to Friday, every night at 10PM IST.