SharkTankIndia Season3 Episode38 The Hindi-language business reality TV series “Hindi” airs on Sony Entertainment Television. With its third season, the show continues to enjoy popularity among Indian viewers. The premise revolves around modern-day entrepreneurs presenting their business pitches to a distinguished panel of investors, known as the ‘sharks’. Based on these presentations, the sharks decide whether or not to invest in the showcased ventures.
“Shark Tank India Season 3” features a panel of judges comprising 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; Amit Jain, Co-Founder & CEO of CarDekho Group; Ronnie Screwvala, Co-Founder and Chairperson of UpGrad; Aman Gupta, CEO and Founder of boAt; Namita Thapar, Executive Director – India Business, 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 38 Recap
In the latest episode, we are introduced to three intriguing startups, making for an informative and engaging watch. Sharks Vineeta Singh, Aman Gupta, Anupam Mittal, Namita Thapar, and Amit Jain contribute to the dynamic discussion.
Pitch 1 :- Cup-ji
The first startup to enter the Tank is led by two men aiming to revolutionize the way we enjoy tea: fast, flavorful, and healthy. Their innovation lies in a paper cup with green tea leaves pre-packaged at the bottom, allowing for quick and convenient tea preparation by simply adding hot water. Offering eight different flavors for adventurous palates, they seek Rs 50 Lakhs for a 5% equity stake to expand their reach.
The Sharks are immediately drawn to the packaging and variety of flavors. The founders emphasize the use of real ingredients, leading to a higher price point compared to competitors. They delve into their five competitive advantages and discuss their decision to venture into paper cup production instead of solely focusing on tea. Their Go-To-Market (GTM) Strategy garners praise from the Sharks.
However, concerns arise over the startup’s sales figures, monthly expenses, and the practicality of storing the product at home. Despite acknowledging the potential of their export business, all Sharks ultimately pass on striking a deal with the entrepreneurs.
Pitch 2 :- A Toddler Thing
The following company specializes in producing sustainable and comfortable baby clothing and essentials, crafted from muslin blends known for their safety and breathability. With a customer base exceeding 2 lakh families, the company prides itself on its commitment to sustainability. They seek Rs 80 Lakhs for a 2% equity stake in the company.
The founders share their journey into the business and their engaging personal backgrounds, capturing the interest of the Sharks. They elaborate on their 28 product variations (SKUs), with the Sharks expressing admiration for the softness and quality of their offerings. The benefits of using muslin fabric for baby clothes are discussed, with the Sharks praising the company’s beautiful designs.
The discussion shifts to sales data, equity distribution, and the startup’s expenditure despite impressive revenue figures. Although the Sharks find some aspects of the financials unconventional, they are impressed by the company’s recent profitability. The CEO’s clarity and precision in presenting the numbers earn commendation from the Sharks.
Amit extends an offer to the founders, while Vineeta and Anupam consider making offers before ultimately opting out upon hearing Amit’s proposal. The founders ultimately accept Amit’s offer, sealing the deal.
Pitch 3 :- FlexifyMe
The next startup entering the Tank offers a chronic pain management platform, utilizing a blend of physiotherapy, yoga, and AI to deliver personalized care to users in their preferred language and from the comfort of their homes. With 2000 subscribers spanning over 26 countries, the founders aim to enhance the quality of life for individuals suffering from chronic pain. They seek Rs 1 Crore for a 2% equity stake in the company.
During the presentation, the founders demonstrate the platform’s functionality and the customized plans designed to alleviate pain. Vineeta tests the product in real-time, expressing disappointment with her results. Amit inquires about the platform’s ability to address diverse barriers to exercise, to which the founders detail the thorough assessment process before providing personalized plans.
The Sharks pose several inquiries, all of which the founders adeptly address, including discussions on user metrics and sales figures. After disclosing details about previous investment rounds, Namita extends an offer, followed by Amit. Ultimately, the founders opt to accept Namita’s offer.
Shark Tank India Season 3 Episode 38 Review
The most recent episode delivers an enjoyable experience, featuring lively and enthusiastic founders driven to make positive contributions to their communities. These three startups have ambitiously carved out markets for their products, impressing both the Sharks and the audience alike. The episode maintains a light and entertaining tone, devoid of unnecessary conflicts, making it a captivating affair. It inspires viewers to explore new opportunities and fosters optimism for India’s future.
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 Episode37 (Entrepreneurs Seeks Sharks Support) 2024
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