Get ready for an exhilarating journey of innovation and entrepreneurship in Shark Tank India Season 3! Witness as ambitious innovators from across the country take the hot seat, pitching their groundbreaking ideas to a panel of industry titans. These aren’t just pitches – they’re stories of passion, resilience, and the indomitable spirit of Indian entrepreneurship.
Here’s a step-by-step guide for the registration process for Shark Tank India:
Step 1: Online Registration
- Download or update the SonyLIV app on your mobile device.
- Log on to the official Shark Tank India Season 3 registration page on SonyLIV.com.
- Fill out the registration form with accurate personal details and a captivating description of your business idea.
- Ensure that you meet the eligibility criteria: be 18 years and above and a citizen of India.
- If you’re under 18, you can’t apply directly. Your parent(s)/guardian(s) can apply on your behalf. They must accompany you for auditions and shoots if selected. Fill the form with their details, and they need to submit necessary documents for verification as per the Terms and Conditions.
Step 2: Create a Pitch Video
- If your registration form catches the attention of the Shark Tank India team, proceed to create a three-minute video pitch.
- In the video, clearly and convincingly present why your business idea is unique, viable, and deserving of investment.
- Emphasize key points such as the market potential, scalability, and any other factors that make your business stand out.
Step 3: Audition Round
- Once your video pitch is submitted and approved, you will enter the audition round.
- Auditions will be conducted in major cities like Delhi, Mumbai, Bengaluru, and Kolkata. Be prepared to travel to the designated audition location.
- During the audition, present your business idea to the Shark Tank India team. They will assess the feasibility and potential of your venture.
Step 4: Pitching to Business Experts
- Successful candidates from the audition round will progress to the next stage, where they will pitch their business ideas to a panel of business experts.
- Showcase the strengths of your business, respond confidently to questions, and demonstrate a clear understanding of your market and competition.
Step 5: Final Selection
- The final selection will be based on the quality of your pitch and the assessment by the Shark Tank India team.
- If selected, you will have the opportunity to feature on Shark Tank India and potentially secure investment for your business.
Tips:
- Follow all guidelines provided by Shark Tank India throughout the registration process.
- Stay informed about any updates or changes by regularly checking official communications from Shark Tank India.
- Be prepared, confident, and articulate at every stage of the registration process to maximize your chances of success.
Shark Tank FAQs: Navigating Entrepreneurial Waters
Explore the essential FAQs surrounding Shark Tank, your go-to guide for insights into the world of entrepreneurship, successful pitches, and the dynamics of securing investments. Whether you’re a budding entrepreneur or a fan of business innovation, join us as we unravel the essentials behind the Shark Tank phenomenon.
Shark Tank India Season 1 & 2: Investment Analysis and Outcomes
More than a year post the inaugural season of Shark Tank India, an assessment by PrivateCircle Research reveals that seven sharks, including Ashneer Grover, Peyush Bansal, Anupam Mittal, Aman Gupta, Ghazal Alagh, Vineeta Singh, and Namita Thapar, fulfilled 27 out of the 65 investment commitments made during the Season 1 telecast. The total committed investment value was INR 40 crore, with INR 17 crore invested across 27 startups as of July 12 2023.
Namita Thapar led the pack, meeting 59% of her investment commitments, while Anupam Mittal had the lowest percentage at 29%. Out of 117 startups that participated in Season 1, 65 secured deal commitments during the show. Interestingly, two initially rejected companies, Agri Tourism and Jhaji Achaar, secured investments post-show. Agri Tourism received INR 5 lakh from Namita in April 2022, and Jhaji Achaar secured INR 30 lakh in a joint investment from Namita and Vineeta in September 2022.
Shark Tank India Season 2, which concluded in March 2023, witnessed 166 companies pitching on the show, with 115 securing deal commitments. However, only one of them has filed for investments thus far.
Shark Tank India has paved the way for the success of several Direct-to-Consumer (D2C) brands. Let’s delve into the funded ventures, and the impact they’ve made. These key players and prominent D2C brands not only struck deals but also transformed their success into lasting impact.
1. ALTOR
Amount Raised:Rs. 50 Lakhs
Founders: Shamik Guha, Sayan Tapadar, Aninda Ghosh, Md. Bilal Shakil, Anirban DGupta
Episode: Season1 – E9
ALTOR, a smart helmet brand, ensures rider safety with its innovative features. Funded by Aman and Peyush for 7% equity, securing Rs. 50 Lakhs.
2. Ariro
Amount Raised: Rs. 50 Lakhs
Founders: Nisha and Vasanth
Episode: Season1 – E9
Ariro Toys, founded by parents Nisha and Vasanth in 2016, focuses on safe, neem wood toys. Secured funding of Rs. 50 Lakhs from Peyush and Aman for 10% equity.
3. Beyond Snack Kerala Banana Chips
Amount Raised:Rs. 50 Lakhs
Founder: Manas Madhu
Episode: Season1 – E8
Authentic Kerala Banana Chips, founded in 2020, received Rs. 50 Lakhs for 2.5% equity from Aman and Ashneer. The brand emphasizes top-notch hygiene and a variety of flavors.
4. CosIQ
Amount Raised: Rs. 50 Lakhs
Founders: Kanika and Angad Talwar
Episode: Season1 – E4
CosIQ, an intelligent skincare brand, secured funding of around 38 Lakhs from Anupam and Vineeta for a combined 25% equity. Their products offer visible results and are scientifically-backed.
5. Nuutjob
Amount Raised: Rs. 25 Lakhs
Founders: Anushree and Ananya
Episode: Season1 – E10
Nuutjob, addressing male intimate hygiene, won Rs. 25 Lakhs funding for 20% equity from Aman, Peyush, and Namita. Their products are cruelty-free, sulphate-free, and safe for men.
6. Wakao Foods
Amount Raised: Rs. 75 Lakhs
Founder: Sairaj Gaurish Dhond
Episode: Season1 – E29
Wakao Foods, a vegan meat brand founded by Sairaj Gaurish Dhond, offers ready-to-eat packs made from jackfruit. Secured Rs. 75 Lakhs from Vineeta, Namita, and Ghazal for 21% equity.
7. Hair Originals
Amount Raised: Rs. 60 Lakhs
Founders: Jitendra Sharma, Piyush Wadhwani, Ashish Tiwari
Episode: Season1 – E22
Hair Originals specializes in wigs and hair extensions made from 100% real human hair, sourced from the temples of South India. Raised Rs. 60 Lakhs from Ashneer Grover, Anupam Mittal, and Peyush Bansal.
8. Hammer Lifestyle
Amount Raised: Rs. 1 Crore
Founder: Rohit Nandwani
Episode: Season1 – E15
Hammer Lifestyle, an athleisure tech brand, delivers high-quality TWS audio gadgets and expanded into the fitness category with smartwatches. Received Rs. 1 Crore for a 40% stake from Boat co-founder. The brand promotes an active and fit lifestyle.
