SharkTankIndia Season3 Episode33 The Hindi-language business reality TV series, Shark Tank India, airs on Sony Entertainment Television. With its third season, the show continues to enjoy immense popularity among the Indian audience. Each episode features new-age entrepreneurs pitching their business ideas to a panel of esteemed investors, known as the ‘sharks’. These investors evaluate the pitches and decide whether to invest in the presented ventures.
Shark Tank India Season 3 boasts a diverse 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).
Shark Tank India Season 3 Episode 33 Recap
In the latest episode, three startups present their businesses with hopes of receiving expertise and funding to scale their ventures and make a positive impact. The panel of Sharks for this episode includes Deepinder Goyal, Vineeta Singh, Namita Thapar, Aman Gupta, and Anupam Mittal.
Pitch 1 :- Bacca Bucci
Immediately catching the Sharks off guard, the founders set the bar high with their initial ask – Rs 2.5 Crore for a mere 1% equity in their company! Describing their venture as a youth-focused fast fashion footwear brand catering to Gen Z, the founders emphasize their commitment to delivering stylish designs without compromising on comfort and quality. Established in 2014, the brand boasts accessibility and affordability, aiming to cater to a wide audience across India.
However, as the discussion progresses, the Sharks probe deeper into the brand’s unique selling proposition (USP) and market positioning. Disappointment arises when it becomes apparent that the founders primarily differentiate themselves based on pricing rather than a distinctive brand identity or community-building aspect. Despite commendable sales figures, the Sharks struggle to align with the startup’s vision. Ultimately, despite the impressive sales, none of the Sharks are inclined to strike a deal with the startup.
Pitch 2 :- Vobble
Next up, we’re introduced to a duo presenting a screen-free entertainment and educational solution for children. Their audio platform offers captivating stories with a multi-sensory experience, aiming to engage young listeners without relying on screens. In addition to the audio content, the company provides headphones and activity books to enhance the auditory journey. With aspirations to become the leading auditory platform for kids globally, they seek Rs 25 Lakhs for a 1.5% equity stake to realize this vision.
The founders delve into their motivations for starting the business, highlighting their recent launch and pre-revenue status. They elaborate on the product offerings, pricing strategy, and safety measures tailored for children’s use. As the Sharks sample some of the stories, they inquire about the educational value of the product. While the founders provide insightful responses, concerns arise regarding the pricing and the startup’s long-term direction, leading to some dissatisfaction among the Sharks.
In the end, Namita extends the sole offer, and a deal is struck at Rs 25 Lakhs for a 2% equity share in the company.
Pitch 3 :- B U Natural
The final entrepreneur to enter the Tank presents a chain of unisex salons with remarkably low prices, eliciting astonishment from the Sharks. The founder seeks Rs 60 Lakhs for a 2.5% equity stake, prompting immediate inquiries into his background and entrepreneurial journey. Namita probes further, seeking insights into the founder’s strategy for maintaining such low prices. The founder explains the cost breakdown of products and operations, defending his pricing model. However, despite impressive margins and revenue figures, the Sharks express skepticism regarding the feasibility of sustaining such low prices, particularly considering salon operational costs.
The Sharks inquire about the absence of a franchise model, and the founder’s responses both entertain and inform, shedding light on his product development and salon management strategies. Discussions on salon attrition rates further pique the Sharks’ interest. Ultimately, none of the Sharks decide to invest in the business, leaving the founder without a deal.
Shark Tank India Season 3 Episode 33 Review
It’s been an engaging episode with charismatic presenters stealing the spotlight and keeping us entertained. The Sharks were on top of their game today, posing insightful questions and scrutinizing the fine details that set each company apart. The banter between them added an extra layer of entertainment and humor.
That said, I’m personally feeling a bit fatigued seeing so many clothing brands seeking investment on the show, especially when none of the products truly stand out. However, it does highlight the trend of many individuals in India venturing into the clothing industry to establish their presence.
Among the pitches, B U Naturals stood out as the most entertaining, thanks to the founder’s vibrant personality and engaging storytelling. He effectively showcased his brand with compelling narratives and impressive numbers, although unfortunately, it didn’t result in a deal. Nonetheless, the startup gained valuable exposure, which is a positive outcome. Overall, it was an enjoyable and entertaining episode from start to finish.
Have you gotten around to watching the latest episodes? Let us know how you feel about it in the comments below.
Also Read:- SharkTankIndia Season3 Episode32 (Young Entrepreneurs MAke Their Marks) 2024
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