SharkTankIndia Season3 Episode21 :- The Hindi-language business reality TV series is broadcast on Sony Entertainment Television, continuing to enjoy popularity among the Indian audience with its third season. The show features new-age entrepreneurs delivering business pitches to a distinguished panel of investors known as the ‘sharks’. Based on these pitches, the sharks decide whether or not to invest in the presented ventures.
Shark Tank India Season 3 comprises a panel of judges including 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; Ronnie Screwvala, Co-Founder and Chairperson of UpGrad; Aman Gupta, CEO and Founder of boAt; Namita Thapar, Executive Director – India Business at Emcure Pharmaceuticals; Peyush Bansal, Co-Founder & CEO of Lenskart; Vineeta Singh, Co-founder & CEO of SUGAR Cosmetics; and Anupam Mittal, Founder & CEO of People Group (including Shaadi.com).
Pitch 1 :- Chefling
In the latest episode, Chefling, a food DIY kit for international cuisines, enters the Tank, capturing the Sharks’ attention with a plate of vegetarian sushi, which receives high praise. The founder presents the pitch, seeking Rs 40 lakhs in exchange for 10% equity. He shares his vision and family struggles, detailing the intricacies of his business. Namita and Azhar extend their offer, followed by Amit and Peyush. Anupam also presents a solo deal, sealing the offer at Rs 40 lakhs for 16% equity with all four Sharks.
Between pitches, viewers get an update on Sharma Ji Ka Aata, a business seeking investment in Season 2, showing progress with Anupam’s guidance.
Pitch 2 :- iF
Following a heartwarming story, the next business to enter the Tank is Intense Focus, an eyewear brand. The founder highlights their B2B manufacturing services across India and emphasizes their unique designs. Concluding the pitch, the founder seeks Rs 5 crore for 5% equity in the company. The Sharks inquire about the company’s backstory and the evolution of its wholesale business. While impressed with the company overall, the Sharks express surprise at the high pricing of the products.
Despite the founder’s attempts to justify the pricing and goals, the Sharks are puzzled to discover the founder’s involvement with two companies in the same segment. Namita exits first, followed by the other Sharks, concerned about the credit risk facing the company due to its non-pure D2C nature and other issues.
Pitch 3 :- Millet Amma
Next up is Millet Amma, where the founders articulate their vision regarding millet, portraying it as a superfood essential for maintaining good health. They share an emotional backstory with the Sharks, detailing their leap into the business and advocating for widespread adoption of these grains. Requesting Rs 1 crore for 3% equity, they present their dishes to offer the Sharks a taste.
The founders highlight the health and environmental benefits of millet, discussing its various types and emphasizing their unique taste as a key selling point. While sharing their financials, the Sharks raise concerns about their substantial marketing expenditure. Despite a comprehensive discussion on finances, all the Sharks opt not to invest but extend their best wishes for the founders’ future endeavors.
Shark Tank India Season 3 Episode 21 Review
The latest episode introduces three new businesses, each with ambitious goals, yet only one secures funding for expansion. While the episode provided valuable information, I found myself slightly disappointed by the lack of diversity among the entrepreneurs featured. Even the Sharks appeared somewhat disengaged with the presented variety, and the absence of drama was noticeable. One would anticipate more excitement, especially in the eyewear segment where Peyush’s presence promised some counterpoints, but the episode fell short in delivering captivating moments.
Personally, I feel that the market for healthy living and eating is becoming oversaturated, with many businesses offering alternative nourishment solutions at premium prices. Additionally, the prevalence of sorrowful backstories, more suited to other reality shows, felt somewhat exaggerated for a business-focused program centered on investments. Fortunately, the Sharks did not solely rely on emotional narratives to make investment decisions.
Nevertheless, the episode did offer valuable insights, with the eyewear brand segment standing out as the most enjoyable among the three.
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 Episode21 On Sonyliv for Free