Shark Tank India, the popular entrepreneurial reality show, is gearing up for its highly anticipated Season 3, promising even greater investment opportunities and thrilling pitches. Season 2 witnessed an impressive total investment of over Rs 80 crore by the esteemed panel of judges.
The panel for Season 2 included renowned names such as Namita Thapar, Aman Gupta, Peyush Bansal, Anupam Mittal, Vineeta Singh, and Amit Jain, making it a remarkable 50-episode journey.
Among the judges, Namita Thapar of Emcure Pharma emerged as the top investor, contributing a staggering Rs 19.04 crore, closely followed by Aman Gupta, the founder of Boat, who invested Rs 17.84 crore.
Peyush Bansal of Lenskart made a substantial investment of Rs 16.16 crore, while Anupam Mittal invested Rs 9.77 crore. Vineeta Singh, co-founder of Sugar Cosmetics, and Amit Jain of CarDekho invested Rs 9.69 crore and Rs 8.66 crore, respectively.
Let’s take a closer look at the top five most significant investments made by the Sharks, based on the final valuation of the companies:
Stage – Vernacular OTT Platform:
Asked for: Rs 3 crore for 1% equity
Deal: Rs 1.5 crore for 0.6% equity, Rs 1.5 crore debt @ 12%
Valuation: Rs 250 crore
Sharks who invested: Namita Thapar, Aman Gupta, Peyush Bansal
Neomotion – Motorised Wheelchair:
Asked for: Rs 1 crore for 1% equity
Deal: Rs 1 crore for 1%*
Valuation: Rs 100 crore
Investor: Peyush Bansal
Snitch – Men’s Fashion:
Asked for: Rs 1.5 crore for 0.5% equity
Deal: Rs 1.5 crore for 1.5%
Valuation: Rs 100 crore
All-Shark Deal
Medulance – Ambulance services:
Asked for: Rs 2 crore for 1% equity
Deal: Rs 2 crore for 2%
Valuation: Rs 100 crore
Investors: Namita Thapar, Aman Gupta, Peyush Bansal
Zoff – Spices Brand:
Asked for: Rs 1 crore for 0.5% equity
Deal: Rs 1 crore for 1.25%
Valuation: Rs 80 crore
Investor: Peyush Bansal
With the success of the previous two seasons, Sony LIV has announced the launch of Shark Tank India Season 3. Registration for aspiring entrepreneurs and innovative minds opened exclusively on the Sony LIV app on June 3. This opportunity will allow budding individuals to showcase their unique skill sets and turn their dreams into reality.
Sony released a registration announcement video on YouTube and social media platforms, providing details about the upcoming season.
Online Application:
Download or update the Sony LIV app or visit Sonyliv.com to fill out the registration form for Shark Tank India Season 3. Describe your business idea, emphasizing its uniqueness and potential. The Shark Tank India team will review the submissions and select the most intriguing concepts.
Make The Pitch:
Upload a three-minute video pitch to persuade the Shark Tank India team why your business idea deserves their investment. Highlight what sets your idea apart and why it holds significant potential for success. This pitch will determine if you qualify for the show.
The Audition:
Successful applicants from the initial selection will proceed to face a rigorous audition process. Present your business idea to the Shark Tank India team, who will assess your potential and narrow down the candidates to the most promising ones. This audition is a crucial step towards realizing your entrepreneurial aspirations.
Destination: Shark Tank India:
If your audition impresses the Sharks, you will enter the ultimate test of determination and resilience. Selected participants, known as Pitchers, will face the renowned panel of Sharks, who will evaluate, analyze, and make investment offers based on your final pitch. Get ready to negotiate, seize opportunities, and secure the deal of a lifetime! The telecast date for Shark Tank India Season 3 is yet to be announced, but the makers have already initiated the third season with an exciting announcement.
The stage is set for Shark Tank India Season 3, where remarkable entrepreneurs will have the opportunity to pitch their ideas, secure investments, and embark on a transformative journey to success.
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