Presently, the scenario of India has been changed drastically, earlier people were so afraid of taking risk of starting a venture, but now it became rather an adventure for the youth of today to be an entrepreneur. This, in turn, is reaping benefits for both the business and the economy at large. Youth of India is more fascinated with becoming their own boss than working under a boss. This enthusiasm is burning the fire of aspiration in today’s youth and our country is becoming the land of startups day-by-day. India is considered to be the land of opportunities, and to start and manage the business more straightforwardly, the country is equipped with proper methods and planned strategies that can make your dream come true. Though starting a business can be a challenging task, now, due to smooth work procedures and operations, things have turned easy. You just need a proper knowledge, crystal clear idea about your products and services and a vast knowledge about the market.

“You will never be completely ready. Start from wherever you are.” -C.J. Hayden

If we talk about the Indian business scenario, it is quite evident, that, this segment witnessed a tremendous transmigration and passed through a paradigm shift and created providing immense opportunities for the upcoming and growing sectors of the economy. New techniques and studies have floated up in the market and immensely encouraged the youth start their own business.

Feel your Skill & Lock the Deal!!

One of the most happening and encouraging shows of recent times for budding entrepreneurs is Shark Tank. In this article we will unveil some dimensions of this show.

Shark Tank India
Shark Tank is one such show which not only encouraged the young startups but work with them as their friend, philosopher and guide. If you want to pitch up your business idea and want it to catch the limelight in the market, then this is the place for you where you can get lakhs or crores of funding from an investment partner an become quite famous and successful.

Shark Tank is the New Dream Towards Happiness for the Startups
It just two seasons it got so popular, that over 200,000 startups has applied in the show. Originally, the show was created in Japan called Dragons' Den, later America took franchise of this show and made television Reality show ‘Shark Tank’. The show features a panel of investors called "sharks," who decide whether to invest as entrepreneurs make business presentations on their company or product. The startups who participate here, they need to satisfy or convince the other side to accept the valuation of their business and negotiate a deal based on it. The valuation of the company depends upon some factors called revenue, earnings, and the value of companies within the same sector. The Sharks use a company's profit compared to the company's valuation from revenue to come up with earning multiple. If the company is valued at $1 million in sales, the Sharks would ask what the annual sales were for the prior year. If the response is $250,000, it will take four years for the company to reach $1 million in sales. If you can satisfy them with their queries, and if they like the idea and innovation, they will invest but definitely, they will want a return on their investments.
If you are a business enthusiast and have dim hope of starting a business in future, then this show can be very important for you to learn about technical terms and calculations and a guide about the market, which you can’t understand fully from the theories of business studies without field work.
Judges Panel of Shark Tank India: Indian remake of the show has successfully completed its two seasons and started airing the season 3. In the show the judges are called as ‘Sharks’, who not only invest money in your business, but they guide you throughout your journey. Shark Tank India has seven judges in the first season and 6 judges in the second season who are popular entrepreneurs in different industries. The show offers a great opportunity to see and learn from successful startup founders which is why the show is so popular in India and loved by many people.

Ashneer Grover: He is the Founder and Managing Director of Bharat Pe. Ashneer Grover net worth is estimated to be ₹790 Crores. Before starting Bharat Pe, Grover gained valuable experience working at Kotak Investment Bank, Grofers, PC Jeweler Ltd, and American Express.

Anupam Mittal: He is the Founder and CEO of People Group. He is very much popular for creating one of the most used matrimonial platforms, Shaadi.com. As of 2023, Anupam Mittal net worth is estimated to be around ₹190 crores according to top sources which shows his hard work and dedication. He has invested in many companies which have become unicorns. Like Ola Cabs, Big Basket, Rapido, and more.

Aman Gupta: He is famous for creating Boat, which produces, tech gadgets like smartwatch, headphones, speakers and more. He started his career as an Assistant Manager at Citi Bank before he co-founded Advanced Telemedia Pvt Ltd which unfortunately did not perform well. Reportedly, he has got a net worth of ₹700 crores at this time.

Vineeta Singh:She began her entrepreneurial journey in 2007 with Quetzal which is a company that provides background verification services for recruiters, but it did not work. The failure could not break her spirit and she shifted his business towards beauty and fashion industry and started her company Sugar Cosmetics. Presently, her net worth is around ₹738 crores.

Namita Thapar: She has achieved great success in her career by making smart investments in various businesses. Thapar started working at Emcure Pharmaceuticals as the Chief Financial Officer and has since experienced impressive growth. She is one of the most successful businesswomen in recent days. Presently, she has a net worth of approximately ₹600 Crore.

Ghazal Alagh: She is the co-founder of one of the most loved skin care products Mamaearth. She earns around ₹18-19 crore each year from Mamaearth. Her total net worth is about ₹142 crore which is equal to $19 million. Her net worth keeps growing by 8.4 to 17.9% every year.

Peyush Bansal: He is the founder of one of the highest selling online eyeglasses company Lenskart. Apart from Lenskart, he has invested in other businesses like Feedo which is an employee engagement platform and dailyobjects.com which is a lifestyle brand. His net worth is around ₹600 crores.
Amit Jain: Shark tank Season 2 a new judge came replacing Ashneer Grover. He is Amit Jain, co-founder of CarDekho and InsuranceDekho. He has got jaw-dropping ₹2980 crores as net worth. He studied at IIT Delhi and loves writing books and visiting old places.

Ritesh Agarwal: The season 3 of shark tank India has introduced Ritesh Agarwal, who is the founder and CEO of Oyo Rooms. He is the youngest of the judges. His net worth is INR 16,000 crore currently.

Deepinder Goyal: He is the Founder and CEO of Zomato. Deepinder Goyal’s net worth is ₹2023 Crore. He completed his graduation from IIT Delhi with a degree in Mathematics and Computing. He has invested in companies like SquadStack, Bira91, HyperTrack and Terrado, among others.

Bangalore Startups in Shark Tank

NOCD: No Carb Drink
Inception- 2018
Key Persons: Siddharth Mishra and Vinay Kumar
The company sells ‘no carbs’ energy drink, which contains zero carbohydrate drink that contains vital vitamins. Available across 1,100 stores in India, this healthy drink will help you in enhancing memory, focus, mood, motivation as well as in cognitive functioning. The founders Siddharth Mishra and Vinay Kumar asked for ₹50 lakhs for 2% equity but raised ₹20 lakh for 15% equity and a debt line of ₹ 30 lakh from Sugar Cosmetic Co-founder, Vineeta Singh, on the condition that they change the branding and packaging of the product.

TagZ Foods: FIT. LIT. SNACKTIVITY.
Inception: 2019
Key Persons: Anish Basu Roy & Sagar Bhalotia
Founded by Anish Basu Roy and Sagar Bhalotia, it crafts innovative, lip smacking and healthy snacks with 50% lesser oil. They use the popping technology to make potato chips, tasty dips and much more for a lit and fit snacktivity experience. They asked for ₹ 70 lakhs for a 1% equity stake but walked away with the same amount but at a 2.75% stake with BharatPe CEO, Ashneer Grover.

Thinkerbell Labs: Making Education Inclusive
Inception: 2016
Key Persons: Sanskriti Dawle, Aman Srivastava, Dilip Ramesh, Saif Shaikh
Goa BITS Pilani students Sanskriti Dawle and Aman Srivastava founded this lab and developed a self-learning app for visually impaired individuals, ‘Annie’. In 2016, they were incubated by Masschallenge UK. This is also the world’s first self-learning Braille device for the visually impaired which allows students to learn to read, write and type Braille independently. It was awarded as ‘Best Social Innovation’ - InTech50 (given out by Mr. Amitabh Kant). Thinkerbell Labs raised ₹1.03 crores for 3% equity with Lenskart Co-founder, Peyush Bansal, Shaadi.com founder, Anupam Mittal and Emcure Pharma CEO, Namita Thapar.

LOKA: Introducing India's First Metaverse
Inception: 2020
Key Person: Krishnan Sunderarajan
It is tagged as India’s first metaverse gamified app crafed and ideated by Krishnan Sunderarajan. The founder has created a metaverse gaming app for Android and iOS users. By the third party apps like Netflix, Amazon and others, LOKA will give players a real-time and real-world experience of real cities, be it Oxford Street in London or Connaught Place in Delhi. He asked for ₹ 40 lakhs for 5% equity, the startup received ₹40 lakhs for a 24% equity stake on Shark Tank by joining hands with Peyush Bansal and Aman Gupta.

The State Plate: From Your Hometown to You
Inception: 2020
Key Persons: Muskaan Sancheti & Raghav Jhawar
It is a pandemic born brand, which started by two 22-year-old graduates from SRCC, Muskaan Sancheti and Raghav Jhawar. They deliver local and traditional hometown snacks, sweets, spices, pickles and drinks from across India to your home. They asked ₹65 lakhs for 3% equity,and got ₹40 lakhs for 3% equity and a debt line of ₹25 lakhs from Peyush Bansal.

Hoovu Fresh: A fresh Take on Tradition
Inception: 2019
Key Persons: Yeshodha Karuturi & Rhea Karuturi
Hoovu is the Kannada term of flower. The company was founded by two sisters Yeshodha Karuturi and Rhea Karuturi, to resolve the problem of fetching fresh flowers. This company has employed 60 women to work on preparing garlands every single day. The machinery used for the process helps the flowers to be fresh for 2 weeks. Till now, Hoovu Fresh has collaborated with more than 300 temples to reach out to the maximum number of people and 500 farmers who help them achieve their targets. Presently, this company serves flowers to their customers in eight cities with a sale of over 2 million flowers. Hoovu Fresh has raised funding of ₹10 million from Aman Gupta and Peyush Bansal.

Wrapping up: The success of Shark Tank India will prompt viewers to counter offer a version of capitalism that respects the rights of consumers and gives an opportunity to every citizen to have a fair chance in competition. It is encouraging the youth to yield wonder out of barren lands and to make the country proud. This show is featuring bunch of fresh young enthusiastic startups that are getting the limelight easily. Even if they don’t be able to raise amount but the recognition they are getting from this platform is broadening the path towards fulfilling their futuristic goals.
At the end of the day, typical learning can be done from books, lectures, movies, talks or any acquaintance who is veteran in the horizon of business, but as the founder of a startup you need to bell the cat, so it is very crucial to have a careful eyes and ears for grabbing valuable information and knowledge from a trusted source and make the full use of it to build the foundation of your dream empire.

Let’s buck up and turn your passion into paychecks!!