Shark Tank India is a Hindi-language business reality TV series broadcast on Sony Entertainment Television. The series with its third season is continuing to bask in its popularity amongst the Indian audience. The show revolves around new-age entrepreneurs delivering business pitches to an esteemed panel of investors aka the ‘sharks’. Based on their pitches, the sharks will determine whether or not they will invest in the presented ventures.
Shark Tank India Season 3 consists of a panel of judges that includes Deepinder Goyal, Founder and CEO, Zomato; Azhar Iqubal, Co-founder & CEO, Inshorts; Ritesh Agarwal, Founder & CEO, OYO Rooms; Radhika Gupta, MD & CEO, Edelweiss MF; Varun Dua, Founder, ACKO; Amit Jain, Co-Founder & CEO, CarDekho Group; Ronnie Screwvala, Co-Founder and Chairperson, UpGrad; Aman Gupta, CEO and Founder of boAt; Namita Thapar, Executive Director – India Business, Emcure Pharmaceuticals; Peyush Bansal, Co-Founder & CEO, Lenskart; Vineeta Singh, Co-founder & CEO, SUGAR Cosmetics and Anupam Mittal, Founder & CEO, People Group (including Shaadi.com).
Shark Tank India Season 3 Episode 48 Recap
This episode again features three unique and interesting businesses that have started out with grit and determination to come out as victors in the end! The Sharks in this episode are Aman Gupta, Anupam Mittal, Amit Jain, Namita Thapad and Ritesh Agarwal.
Allter
This all-natural rash-free diaper range prides itself on making products that will never give babies and infants rashes. Made of certified organic bamboo, these diapers are also eco-friendly along with being baby-friendly. The founder asks for Rs 1 Crore in exchange for 2.5% equity in the company to make her dream of rash-free babies a reality. Although the Sharks are unsatisfied with the difference in logos at first, the quality of the products wins them over.
The Sharks have a light-hearted conversation about Ritesh’s upcoming duty as a parent as he asks how many times a baby needs to be changed as everyone mulls over the diaper’s high pricing. However, the founder’s phenomenal sales skills truly bowl everyone over, along with their sales figures. After discussing future plans, Aman, Ritesh and Anupam give their offers and the founder agrees to a deal with all three Sharks at Rs 1 Crore for 4% equity.
First Bud Organics
Consisting of organic produce from farmers across India bypassing middlemen, the mother-son dup consists of a variety of products, including pickles, that they sell online. They ask for Rs 50 Lakhs for 7% equity in the company. After discussing some personal stories, the Sharks first test out their products and are bowled over with the taste. Furthermore, the founders discuss their SKUs and hero products along with their high prices and margins.
In the end, Ritesh and Amit give their offiers and the founders go with Ritesh’s offer of Rs 50 Lakhs for 10% equity in the company.
Shararat
Bringing flirty bedroom fashions to the Tank, we meet the founders of this fun brand that wants couples to be in their honeymoon phase forever. They ask for Rs 60 Lakhs and 2% equity to become India’s number 1 destination for bedroom fashions.
The Sharks go through the products at first before launching into question about their target customers and whether or not role-play costumes have caught up to the Indian audience yet. The founders are truthful about the fact that it’s not mainstream yet and further discuss the challenges and the ways in which they tackle them.
In the end, however, the Sharks don’t find a differentiator in their products and most believe the founders still need to work on their brand more and thus they have to walk out empty-handed.
Shark Tank India Season 3 Episode 48 Review
In this episode, we see some fun, some flirty and some healthy brands that not only takes care of the body but also the mind! It’s a nice episode with some very fun banter among the Sharks who can’t help but pull new father Ritesh’s legs on what to expect in his next phase of life! Apart from that, the insight that the Sharks give to the founders, their faith in investing or their reasons for not investing will make you look deeper into things as well.
On top of that, it’s an inspirational episode where we see people from different walks of life trying to find a way to make it to the top. Whether it be Allter’s founder who belongs to a business family or First Bud Organic’s founders whose small business in Jharkhand has now taken on a massive scale. Plus, Shararat’s founding couple are also inspirational in a way that will make you want to know and enjoy your partner’s company and not shy away from voicing what you want. Either way, a great episode.
You can watch the Shark Tank India Season 3 episodes now on SonyLIV.