Shark Tales Week 10 | Build for Bharat

Stereotypes keep breaking & trends keep coming up on every week of Shark Tank India. The world of entrepreneurship is rapidly evolving and folks in India are now more interested than ever before in building something of their own and working for themselves. Young, old, man, or woman These trailblazing individuals are breaking new ground with their brands, and the potential for growth and profitability is immense.

Key Takeaways from this week's episodes:

• Health and wellness segment booms - This week, we saw more founders building solutions in the healthy-eating segment. In fact, two of them had “Healthy” in their names!
• Equity and Debt deals continue to rise - Shark Tank India season 2 has seen every third deal that was finalised to be a mix of equity and debt deal. Sharks seem to be mitigating their risk on startups by giving out debt deals.
• Startups building for good always crack deals - We’ve noticed that startups driving impact and building for the good of people tend to secure a deal with the sharks. This week it was the Plated Project who secured a deal with three sharks.

Episode 44

Brand 1

Healthy Master

Founders:

• Dipti Singhal
• Shivali Garg
• Tarun Agarwal

Ye Inki Expertise Hai:

• Healthy snacks made from natural ingredients like nuts, berries, seeds, oats, and millets. Their products contain a mere 2-3% oil.

The Problem They Solve:

• They have created a healthy snacking option that caters to everybody’s tastes. Since different members of the same household have different preferences- spicy or non-spicy, oily or healthy, they have come up with an idea to help Indian mothers in the kitchen.

Ask:

50 lakhs for 2% equity

Deal or No Deal:

Deal with Vineeta for 50 lakhs in exchange for 6.5% equity

Brand 2

Kitsons

Founders:

• Abhishek Y
• Lt Col Y Rajasekhar Reddy
• Shubhankar Y

Ye Inki Expertise Hai:

• One-stop shop for toys, stationery, books, art and craft products.

The Problem They Solve:

• High quality and wide variety of products in a segment known to be lacking in quality

Ask

10 crores for 10% equity

Deal or No Deal:

No Deal

Brand 3

London Bubble Co.

Founders:

• Darshaan Shetty
• Mustakeen Sheikh

Ye Inki Expertise Hai:

• Delicious waffle and pancakes mixes

The Problem They Solve:

• Pivoted from waffles and pancakes to powdered mixes for the same. They also offer 5 different flavours of waffle chips and 8 different flavours of spreads.

Ask:

₹ 75 lakhs for 5% equity

Deal or No Deal:

Deal with Namita for 75 lakhs in exchange for 15% of equity

Brand 4

Waggy Zone

Founders:

• Darshan Kaur Khalsa

Ye Inki Expertise Hai:

• Ice-cream premixes for pets

The Problem They Solve:

• Dogs aren’t allowed to ingest milk, sugar, and essence and cannot enjoy most of the delicacies that us humans do. They’ve created premixes for ice-creams that are pet-friendly.

Ask:

50 lakhs for 5% equity

Deal or No Deal:

No Deal

Episode 45

Brand 1

Nutricook

Founders:

• P Ravi Kumar Reddy
• Asha V M

Ye Inki Expertise Hai:

• Cookware made of 316L of surgical steel that can save up to 50% gas

The Problem They Solve:

• Homemade food can be unhealthy too because of the way we cook and the utensils we use. Nutricook has created an oil-free and waterless cookware that solves this.

Ask:

1 crore for 2% equity

Deal or No Deal:

Deal with Vineeta for 50 lakhs for 10% equity and 50 lakhs debt at 12% interest

Brand 2

Subhag

Founders:

• Soham Sahu
• Vikram Rajput
• Chandan Prasad

Ye Inki Expertise Hai:

• Intrauterine insemination to induce artificial fertility

The Problem They Solve:

• Infertility among couples causes them a lot of mental distress and IVF is not accessible to everybody. So they have prepared a IUI kit.

Ask:

50 lakhs for 1% equity

Deal or No Deal:

Deal with Namita for 20 lakhs for 1% equity and 30 lakhs debt at 10% interest

Brand 3

Singh Styled

Founders:

• Charanjeev Singh Salva
• Ashwath Pujari

Ye Inki Expertise Hai:

• Quality turbans and personal care products, especially for a beard which is alcohol-free as well as gum free

The Problem They Solve:

• No brands have come up yet to produce high quality turbans and beard-care products for Sikhs.  To maintain a well-groomed beard they have to use skin care products which can be alcohol based and can cause chronic diseases like asthma etc.

Ask:

50 lakhs for 5% equity

Deal or No Deal:

Peyush invested 50 lakhs for 10% equity with the condition that he will invest 75 lakhs more at the same valuation.

Episode 46

Brand 1

Zsportstech

Founders:

• Harshal Shah
• Samir Shah

Ye Inki Expertise Hai:

• Custom-made cricket bat according to the right body dynamics and playing styles.

The Problem They Solve:

• Every cricket player has their own body shape. Every player has unique dynamics. Every player has a different batting style and different position. Mass-produced bats are not a good fit for every player.

Ask:

60 lakhs for 2% equity

Deal or No Deal:

No Deal

Brand 2

The Plated Project

Founders:

• Chitresh Sinha

Ye Inki Expertise Hai:

• Different plates used for decor, dinnerware, and gifting

The Problem They Solve:

• Even today in India, 20 crore people go to bed hungry. Chitresh presents his art on plates and sells them and for every plate sold, he sponsors 10 meals for those that can’t afford to eat.

Ask:

75 lakhs for 2% equity

Deal or No Deal:

Deal with Vineeta, Aman, and Namita for 75 lakhs at 3.75% equity.

Brand 3

VsnapU

Founders:

• Taranbir Singh Sahani
• Parminder Singh Sahani
• Kaushik Singh
• Anshu Sharma

Ye Inki Expertise Hai:

• A one-stop solution for all photography needs for brands

The Problem They Solve:

• When we buy anything on online marketplaces we see the pictures and then buy the product, when we order food we check the food images. There is no such renowned photography company. There is no option where you can book a photographer online.

Ask:

₹ 50 lakhs for 1.5% equity

Deal or No Deal:

No Deal

Brand 4

The Health Factory

Founders:

• Vinay Maheswari
• Mohit Sankhala

Ye Inki Expertise Hai:

• Bread with 300% more protein, 20% less carbs, and no trans fats

The Problem They Solve:

• India is a diverse country and so many dishes are made in different parts of it but bread is used everywhere. However, it also happens to be unhealthy for you. They have come up with a healthier version of bread.

Ask:

₹75 lakhs for 2.1% equity

Deal or No Deal:

No Deal

Episode 47

Brand 1

Brevistay

Founders:

• Aditya Naithani
• Shubham Agrawal
• Pratik Singh
• Nikhil Kumar Pathak
• Avnish Kumar

Ye Inki Expertise Hai:

• Quality hotel rooms on an hourly basis

The Problem They Solve:

• There are several instances where we need hotel rooms for only a few hours but have to pay for the entire day. It is very difficult to get hotel rooms on an hourly basis by optimising the use of hotels rooms.

Ask:

₹1 crore for 1.66% equity

Deal or No Deal:

No Deal

Brand 2

The Big Book Box & Chapter One Books

Founders:

• Surabhi Ranjan Rai
• Desh Deepak Singh

Ye Inki Expertise Hai:

• Chapter One Books recommends books to readers and makes it available at low costs and The Big Book Box is a curated book box with 4 books each month for users.

The Problem They Solve:

• Buying books is expensive and so many readers can often not afford to buy new ones and there is a shortage. To fill in the gap, the founder came up with the idea.

Ask:

50 lakhs for 8% equity

Deal or No Deal:

No Deal

Brand 3

SoulUp

Founders:

• Punita Mittal
• Mahak Maheshwari

Ye Inki Expertise Hai:

• Peer-to-peer connect network where people can connect to others facing mental health problems similar to them

The Problem They Solve:

• Many folks go through problems like ADHD, Bipolar Disorder, and depression and they can’t talk to anyone about it for fear of being judged. This network is designed to solve that.

Ask:

50 lakhs for 3% equity

Deal or No Deal:

Deal with Namita for 50 lakhs in exchange for 10% of equity

Episode 48

Brand 1

Rubans

Founders:

• Amit Kala
• Chinu Kala

Ye Inki Expertise Hai:

• High-quality, high design and trend-setting fashion jewellery brand

The Problem They Solve:

• The jewellery market is cluttered to a vast extent. On one end there is premium jewellery that’s very pricey and on the other end, there was cheap imitation jewellery. No middle ground. To solve this, the founders came up with Rubans.

Ask:

1.5Cr for 0.5% equity

Deal or No Deal:

The deal was finalised with Amit, Namita and Vineeta with 1 cr. rupees for 1% equity and 50 lakhs debt at 12% interest.

Brand 2

Same Notification

Founders:

• Ilesh Sharma

Ye Inki Expertise Hai:

• An app that allows you to send the notification from one phone to another phone. Details such as sender’s name, message details and message delivery time are also displayed.

The Problem They Solve:

• Helps parents keep an eye on the notifications that their children are receiving on their smartphones in real-time.

Ask:

25 lakhs for 15% equity

Deal or No Deal:

No Deal

Brand 3

Bottom Line Sprays

Founders:

• Adil Attarwala
• Prathana Shah

Ye Inki Expertise Hai:

• Portable hand jet-spray for toilets with a 1.5L capacity

The Problem They Solve:

• When you travel you pack everything but when it comes to the story of toilets you can’t carry your favourite hand jet spray which gives you the ultimate satisfaction of hygiene.

Ask:

₹ 35 lakhs for 5% equity

Deal or No Deal:

No Deal

Brand 4

Lil Goodness

Founders:

• Damanbir Singh
• Harshvardhan

Ye Inki Expertise Hai:

• Lil Goodness products are made from ethnic traditional ingredients such as teff from Africa, turmeric from India and special plant fibre of chicory roots.

The Problem They Solve:

• To combat the growing nutritional deficiencies alongside fussy eating behaviours of young children

Ask:

₹1 crore for 1% equity

Deal or No Deal:

The final deal was closed with Peyush for 50 lakhs at 1% equity and 50 lakhs debt at 10% interest rate.

klub’s conclusion

Shark Tank India season 2 has been a rollercoaster so far with so many inspiring and innovative ideas coming in. Founders have been building on ideas and solving problems of great importance as well as trying to improve the quality of our lives. This season might draw to a close soon but if anything it will inspire another wave of entrepreneurs young and old. The world of entrepreneurship will always be a roller coaster ride, with ups and downs. But one thing is certain: you will always go ahead. Klub is a partner in the expansion of your startup. You may use Klub to get access to up to ₹30 Cr capital in funding in less than 48 hours.

View details here.