Startups That Got Funding In Shark Tank India Season 3
India is currently experiencing a major boom of startups, with smart entrepreneurs coming from all over the country, rural to urban areas. Budding entrepreneurs of India were recently given an amazing chance to showcase their innovative ideas and take them ahead on a very famous TV show ‘Shark Tank India’.
This show gained immense popularity in less time and became one of the audience’s favourites to binge-watch. It has a very impressive panel of judges famously known as Sharks, where Entrepreneurs pitch their innovative ideas to get funding. While some startups were fortunate enough to get funding from the sharks, like YesMadam in Season 3, some could not crack the deal with the sharks.But despite everything, shows like Shark Tank India are significantly helping to shape the future of India and beyond in the world of entrepreneurship. If you want to know about some of the famous shark tank startups, who were able to convince the Sharks with their amazing pitch and business, then keep on reading this blog.
What Is Shark Tank India?
Shark Tank India is an Indian franchise of the American show Shark Tank. In this show, the entrepreneur makes a business presentation and pitches to a panel of judges, sharks or investors, who then decide whether to invest in the company or not. The show has aired 3 Seasons in total till now, all of which have got an impressive watch-time, showcasing the talent of the Entrepreneurs and smart minds of India.
Shark Tank India Season 3 Judges Profiles
The names and profiles of Judges of Shark Tank India Season 3 are as follows-
- Namita Thapar- Executive Director of Emcure Pharmaceuticals
- Aman Gupta- CMO and Co-Founder of Boat
- Peyush Bansal- Founder and CEO at Lenskart
- Vineeta Singh- CEO of Sugar Cosmetics
- Anupam Mittal- Founder of Mauj, Shaadi.com and more
- Varun Dua- CEO and Founder of ACKO
- Amit Jain- Co-Founder and CEO of CarDekho Group- InsuranceDekho.com
- Azhar Iqubal- CEO and Co-founder of Inshorts
- Deepinder Goyal- CEO and Founder of Zomato
- Ritesh Agarwal- CEO and Founder of OYO Rooms
- Radhika Gupta- MD and CEO of Edelweiss MF
- Ronnie Screwvala- Chairperson and Co-Founder of UpGard
Best Shark Tank India Season 3 Pitches
A lot of companies or business made their debut on Shark Tank India Season 3, but some of them had the best Pitch on the show.
1. YesMadam
YesMadam is a Bootstrap startup that has one of the best Shark Tank Pitches. From business idea, services, customer base to skilled professionals, they impressed sharks with their amazing business model and got a deal with 4 sharks on-board. YesMadam offers unmatchable salon services to its customers that aim to cater all their demands. Brand provides 100% hygienic services with single use products from the top brands. They give freedom to the customers to choose a time slot according to their schedule and they can also use their own products and pay only for the service, which is unlike other brands in the market. It is a customer-centric brand that hires trained beauty professionals to offer top-notch services.
2. Cinnamon Kitchen
The pitch of Cinnamon Kitchen became a hit, not only on the show but on various social media platforms due to the giggle that happened between the Founder and Aman Gupta.
3. Tiggle
Tiggle is a chocolate drink company which had an amazing pitch on Shark Tank India Season 3. They explained to the sharks about their drinks which are nutritious and tasty. Being very clear on their numbers and vision, Tiggle impressed the sharks on tank and secured a great deal.
4. Nisher Miles
This is a Mumbai-based startup that manufactures designer bags and turned heads in Shark Tank Season 3. The sharks on the tank were deeply impressed by the pitch and products of Nisher Miles. Sharks tested their products during the pitch and were impressed with the quality and confidence they had in their product, which got them an amazing shark deal on the show.
Which Startups Got Funding – Shark Tank Funded Companies?
Name of the Startup | Founders | Industry Niche | Funded by | Funding Raised | Royalty |
YesMadam | Mayank Arya, Akanksha Vishnoi and Aditya Arya | Beauty and Salon | Peyush Bansal, Aman Gupta, Vineeta Singh and Ritesh | 1.5 Cr | 2% |
Kibo | Akshita Sachdeva and Bonny Mukesh Dave | Tech | Ronnie Screwvala and Peyush Bansal | 60 Lakhs | NA |
Without | Anish Kishore Malpani | Fashion ad Apparel | Peyush Bansal and Ronnie Screwvala | 75 Lakhs | NA |
Intervue | Rahul Arosa and Pushpender Singh Rautela | Ed-Tech | Aman Gupta | 1.5 Cr | NA |
Decode Age | Rakesh Somani, Parth Amin and Darshit Patel | Medicines | Anupam Mittal | 1 Cr | 1% |
Tiggle | Anuva Kakkar | Food and Beverages | Amit Jain and Peyush Bansal | 50 Lakh | 2% |
AdilQadri | Adil Qadri | Personal Care and Beauty | Vineeta Singh | 1 Cr | NA |
The Cinnamon Kitchen | Priyasha Saluja | Food and Beverages | Aman Gupta | 60 Lakhs | NA |
Blix Robotics | Abbas Zaheer Gabajiwala | Kids Toys and Education | Ritesh Agarwal and Aman Gupta | 80 Lakhs | |
Tramboo Sports | Hamaad Tramboo and Saad Tramboo | Consumer Goods | Aman Gupta and Peyush Bansal | 30 Lakhs | NA |
Conclusion
Shark Tank India became a huge success since its debut season, with a lot of entrepreneurs securing amazing investment deals from the sharks. Some startups failed to get an investment, either because they could not reach a mutual decision with sharks or could not impress them, while some startups like YesMadam cracked the deal. Our whole business idea with excellent products, quick home services & professional and trained experts impressed the sharks getting us the best deal.
FAQs
Which judges are featured on Shark Tank India Season 3?
Judges featured on Shark Tank Season 3 are- Peyush Bansal, Aman Gupta, Anupam Mittal, Namita Thapar, Vineeta Singh, Amita Jain, Deepinder Goyal, Ritesh Agarwal, Radhika Gupta, Azhar Iqubal, Varun Dua and Ronnie Screwvala.
How much funding did YesMadam receive on Shark Tank Season 3?
YesMadam received a funding of 1.5 Crore for 2% Equity+ 2% Royalty until 1.5 Cr is reoccupied on SharkTank Season 3 by Peyush, Aman, Vineeta and Ritesh.
Who is the richest shark in Shark Tank India Season 3?
Amit Jain, co-founder and CEO of CarDekho is among the richest sharks in Shark Tank India Season 3 with a net worth of approx $348 Million.
Which bootstrapped startup got the highest funding in Shark Tank India Season 3?
The bootstrapped startup that got the highest funding and biggest deal in Shark Tank India Season 3 is YesMadam.
Which top startups got rejected for funding on Shark Tank India Season 3?
The top startups that got rejected for funding on Shark Tank Indian Season 3 are- Hydrogen-based Intelligent AI Cars and Zorko.
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