A reality show called Shark Tank was created to make it easy to invest in any type of business, big or small. It is a reality television show that helps budding entrepreneurs showcase their business models to some of the most successful business people across the country.
Shark Tank America first premiered on ABC on August 9, 2009, but the show is actually an international franchise of Dragons’ Den that debuted in Japan in 2001. The panel of investors, or judges, are actually the sharks, who decide whether to invest in theirs after being pitched by contestants.
This globally renowned show has made its good debut on Indian television. Shark Tank India is produced by Studio NEXT and is broadcast on the Sony Entertainment Television channel.
The show has well-known names from the Indian industry as judges such as Ashneer Grover ( ex- MD and Co-founder of BharatPe), Vineeta Singh ( CEO and Co-founder of SUGAR Cosmetics ), Peyush Bansal (founder & CEO of Lenskart ), Namita Thapar ( Executive Director of Emcure Pharmaceuticals ), Anupam Mittal (Founder and CEO of Shaadi.com – People Group), Ghazal Alagh –(Co-founder, Mamaearth) and Aman Gupta ( Co-Founder and Chief Marketing Officer at boAt).
Agritech startups of India who appeared as contestants in Shark Tank India -
Carragreen
Indore-based Caragreen is an eco-friendly packaging and stationery company founded by Saas-Bahu duo Chetna Shah and Surbhi Shah.
The founders of the company appeared in the Indian television reality show Shark Tank India. They had demanded Rs 50 lakh from the sharks in exchange for 20% equity at the company’s 5 crore valuation.
In this deal, sharks Anupam Mittal and Piyush Bansal showed interest in a counter-offer by offering him ₹50 lakh for 20% equity, and the founders of Carragreen agreed to the deal.
Cocofit
The Hyderabad-based startup was founded by software engineers Shashikant Visinigiri, Sunil Kumar Tentu, and Pavan Kumar Seepana.
Cocofit India’s first Coconut Based Franchise Model that features in Shark Tank India. The various meals the company serves to its customers include Coconut Coolers, Coconut Shakes, Coconut Smoothies, etc.
Pitchers asked for 5 Rs. For a 5% stake in the company at the valuation of Rs 100.
In this deal, Aman, Namita, and Anupam showed interest and made this deal for ₹ 5 Rupees for 5% Equity.
MEATYOUR
Pune based startup was founded in 2020by Saisharan Gandhi and Arnav Gandhi, Meatyour is an Eggs Farming Company.
This company is also known as Meatyour Triggers Your Taste and Shree Balaji Farms. The founders of the company appeared in the reality show Shark Tank India and pitched for his company. They asked ₹30 Lakhs for 5% Equity at a valuation of ₹6 crores.
Expressing interest in the deal, Anupam Mittal and Aman Gupta closed the deal for ₹30 lakh for 20% equity.
KG Agrotech
Kamlesh Nanasaheb Ghumare is the founder of KG Agrotech. KG Agrotech which manufactures agricultural products. Their product is a multifunctional bicycle that can be used for pesticide spraying, sowing, and carrying goods. This equipment saves a lot of time by allowing the farmer to complete half the work in half the time.
People know KamleshNanasahebGhoomre as JugaduKamlesh.Kamlesh used a persuasive anecdote to introduce his invention to sharks on Shark Tank India. He asked for 30 lakhs in return for a 10% stake at a valuation of Rs.3 crore in the company.
In exchange for 10% of his company’s shares, Piyush Bansal, the CEO of Lenskart, contributed Rs.10 lakhs to the company in exchange for 40 % equity and 20 Lakh as a loan without interest.
Tagz Foods
Bengaluru-based Tagz Foods was founded in 2019 by Anish Basu Roy, Tagz Foods is our country's first 'popped' potato chips brand. The company claims that its chips have 50% less fat with no preservatives, palm oil, or artificial flavorings.
Founder Anish Basu Roy appeared on Shark Tank India along with Sagar Bhalotia, the company’s cofounder.
They asked for ₹70 lakhs in return for a 1% stake in the business. In the end, Ashneer Grover made a counter-offer to the deal and closed the deal for ₹70 lakh at 2.75% at a valuation of around ₹25 crores.
Brainwired
Kerala based Brainwired is an agritech startup, founded by Romeo P Jerard and Shreeshankar S Nair. Brainwired has developed a livestock health monitoring and tracking system called WeStock.
The product ‘WeStock’ connects to the company’s mobile application to monitor the health of the live cow. After this, its results are shown in the application through which the health status of the cow is known.
The founder of this startup has asked for ₹50 lakh in return for 5% equity of his company. Sharks Ashneer, Peyush, Namita, and Aman Gupta showed interest in this deal and closed this deal for ₹ 60 Lakhs for 10% Equity.
Weekly Startup Funding News Report For 25 October - 29 October 2024 (Latest Updates)
Weekly Funding Roundup - We compile a Weekly Startups Funding News Report summarizing all the startups that secured funding during the week. This report provides a consolidated list of newly funded ventures daywise.
Weekly Funding Roundup - We compile a weekly startups funding news report summarizing all the startups that secured funding during the week. This report provides a consolidated list of these newly funded ventures day-wise, offering a concise overview of the latest developments in the startup funding landscape. Get allIndian statups news at Viestoires.
Weekly Startups Funding News [25 October 2024 - 29 October 2024]
Althion Funding News - Althion has Secured Rs 3.6 crore in Pre-Series A Round Funding
Trisu Funding News - A pre-seed funding round, which was co-led by All In Capital, has secured an undisclosed quantity of investment for the vermeil jewelry brand Trisu.
GameEon Funding News - GameEon, a game development studio, has raised $1 million in its most recent funding round, which was co-led by SucSEED Indovation Fund, ICE VC, IAN, CD EQUIFINANCE, Nexus Global Opportunities Fund, Vivek Goel, Patni Family, Tal64.
Wundrsight Funding News - Wundrsight, a digital therapeutics startup, has secured $400K in its seed round, which was led by Inflection Point Ventures. Social Alpha, in conjunction with other angel investors, has also participated in the round.
Dharaksha Ecosolutions Funding News - Dharaksha Ecosolutions, a biotech-driven R&D start-up, has secured Rs 24.8 crore (approximately $2.95 million) in a Seed funding round sponsored by Avaana Capital.
Futwork Funding News - In its Series A round, which was led by the Michael & Susan Dell Foundation and included Artha Ventures, Simile Capital, and other investors, sales outreach platform Futwork has raised Rs 20.9 crore, about $2.5 million.
Centricity Funding News - In a seed round, Lightspeed and returning investors Burman Family Office and Shantanu Agarwal, among others, led the investment in wealth management startup Centricity, which raised $20 million at a valuation of $125 million.
11 September 2024 - Funding News
Zivy Funding News - Zivy, an AI tool that prioritizes workplace messages and duties, has secured $1.2 million in a pre-seed funding round co-led by Blume Ventures, Paradigm Shift Capital, iSeed, Everywhere Ventures, Indian Silicon Valley, and Marsshot Ventures.
Mitra Funding News - A strategic family office based in Dubai and Bestvantage Investments led the Pre-Series A fundraising round for D2C FMCG firm Mitra, which raised INR 11 Cr ($1.3 Mn).
InMobi Funding News - MARS Growth Capital, a joint venture between MUFG and Liquidity Group, has provided $100 million in debt financing to InMobi, a provider of mobile advertising network software.
Track3D Funding News - Track3D, an AI reality intelligence platform for the construction industry, announced that it had secured $4.3 million in seed funding. The funding was led by Endiya Partners, with participation from Shadow Ventures and Monta Vista Capital.
Flexiloans Funding News - In an equity funding round led by American not-for-profit fund Accion, US asset management firm Nuveen, and Nandan Nilekani-backed venture fund Fundamentum, Mumbai-based digital lending startup Flexiloans has secured Rs 290 crore (approximately $35 million).
10 September 2024 - Funding News
Crackle Technologies Funding News - Crackle Technologies, an adtech startup, has secured $1.7 million (approximately INR 14 crore) in a pre-seed funding round that was jointly headed by We Founder Circle and AC Ventures.
Supersquad Funding News - Supersquad, a startup that specializes in creator monetization, has secured Rs 2.1 crore in a funding round that was spearheaded by WLDD. Nitin Rajput and Jivraj Singh Sachar, angel investors, also contributed to the round.
AppsForBharat Funding News - AppsForBharat, the parent company of the devotional app Sri Mandir, has secured $17.8 million in its Series B funding round, which was led by Fundamentum.
Arnya Real Estate Funding News - Arnya Realestates Fund Advisors, an alternative investment management firm, has successfully closed the first close of its Rs 1,000-crore maiden debt fund, raising Rs 375 crore.
9 September 2024 - Funding News
Transcell Biologics Funding News - Quantiphi and IAN Group, both of Boston, have invested an undisclosed sum in Transcell Biologics, a biotechnology company.
2 September 2024 Monday - Latest Funding News in India
Mintifi Funding News- Mintifi a B2B digital lending startup, is reportedly in discussions to secure $100 million in a new funding round.
Clean Electric Funding News - Clean Electric, an energy storage solutions startup, has secured Rs 48.5 crore (approximately $6 million) in funding from both new and existing investors.
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