SharkTankIndia Season3 Episode18 :-
Shark Tank India Season 3 Episode 18 premiered on February 14, 2024. The show, broadcast on Sony Entertainment Television, is a Hindi-language business reality series and the Indian rendition of the renowned American show Shark Tank. Entrepreneurs pitch their business ideas to a panel of investors, known as sharks, who then decide whether to invest in their ventures.
Season 3 of Shark Tank India features a panel of judges who offer funding to new entrepreneurs in exchange for equity in their companies. The primary judges include Anupam Mittal, Namita Thapar, Peyush Bansal, Aman Gupta, and Vineeta Singh. Joining them are new additions Deepinder Goyal, Founder and CEO of Zomato; Azhar Iqubal, Co-founder & CEO of Inshorts; Ritesh Agarwal, Founder & CEO of OYO Rooms; Radhika Gupta, MD & CEO of Edelweiss MF; Varun Dua, Founder of ACKO; and Ronnie Screwvala, Co-Founder and Chairperson of UpGrad.
Hosted by Rahul Dua, the episode premieres on TV and is also live-streamed on the Sony LIV app. Each episode has a runtime of 60 minutes.
Pitch 1 :- Hyperlab
The episode kicks off with the founders of Hyperlab introducing their product and sharing the motivation behind its creation before entering the Tank. They propose an investment of Rs 10 lakh for a 1% equity stake. The founders elaborate on how their sport-tech company, Hyperlab, seamlessly integrates the physical and digital realms, with their flagship product, Helios, designed to train and monitor athletes. They conduct a live demonstration of Helios with the assistance of Nihal Patel, a state-level badminton player from Gujarat, showcasing its capabilities. The Sharks are visibly impressed by the presentation, especially during the demonstration of the “killer mode” with Amit Jain, which adds a fun element to the proceedings.
Impressed by the founders and the potential of their product, all the Sharks extend offers to invest. However, the founders ultimately choose Aman’s offer of Rs 25 lakh for a 1% equity stake
Pitch 2 :- ECO Biotraps
The next entrepreneurs to enter the Tank are the founders of ECO Biotraps, seeking an investment of Rs 50 lakhs in exchange for a 2% equity stake. They emphasize the significant threat posed by mosquitoes and advocate for proactive measures to prevent their breeding, rather than just repelling them. The founders showcase their products, highlighting their effectiveness in controlling mosquito populations in various locations, including Dharavi and even on the set of Shark Tank itself.
The Sharks are energized by the presentation, engaging in lively discussion and expressing interest in the venture. However, only Vineeta extends an offer, which the founders ultimately decline, resulting in them leaving the Tank without a deal.
Pitch 3 :- Hoora
As the Sharks reconvene for the final pitch, they are greeted by the sight of a dirty car positioned in the center of the room. The founders of Hoora then enter the Tank and present their car cleaning service app to the Sharks, highlighting its ability to conserve water by five times compared to traditional car wash methods. They conclude their pitch by seeking Rs 80 lakh for a 2% equity stake. The founders proceed to demonstrate their car cleaning process, showcasing their revenue figures, which impresses the Sharks.
However, despite the impressive demonstration and revenue figures, the Sharks are not convinced by the business model. As a result, all of the Sharks decide to pass on investing in the venture.
Shark Tank India Season 3 Episode 18 Review
This episode has been a delight for those who enjoy witnessing innovative ideas and discovering new products in the market. While the first company captured everyone’s attention with their lively pitch and exceptional product, the last two companies addressed important issues that many people encounter in their daily lives. Although they didn’t secure investments, it’s conceivable that they’ll attract more bookings after appearing on Shark Tank! The episode was both informative and entertaining, particularly with Amit showcasing his agility. Despite the lack of significant drama, there’s plenty to glean from the thought processes of the entrepreneurs in this episode, making it a must-watch.
Have you gotten around to watching the latest episodes? Let us know how you feel about it in the comments below.
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Watch Full Episode of Shark Tank India Season3 Episode18 On Sonyliv for Free