Thousands of thriving startups have sprung up throughout India. Individuals from all throughout the country are generating innovative ideas and leaving their mark on the world. The famous show Shark Tank India has fueled the hopes of aspiring entrepreneurs in the country even more. After the first season captivated the nation, the producers announced Shark Tank Season 2, and also the first promo is out.
Anyone who hasn’t been living under a rock knows how popular Shark Tank India has grown in such a short period. It was the show that brought the entrepreneurial conversation to Indian households. Along with that, it also changed the revenues of the businesses that appeared on the tank.
The first season of Shark Tank India featured seven self-made multi-millionaires from India who put their money into amazing startups while also holding a significant amount of shares.
The Sharks made a total of 67 investments totaling Rs 42 crore in the first season alone. Some of the startups’ sales rose after Shark Tank. Let’s see how these businesses are performing right now.
1. Get-A-Whey
Get-A-Whey is an extremely nutritious ice cream business that started as a simple kitchen experiment. Jash Shah and Pashmi Shah Agarwal, together with their mother Jimmy Shah, created the company. Sharks Ashneer Grover, Aman Gupta, and Vineeta Singh invested 1 crore in the company for a 15% stake. Get-A-Whey had monthly sales of roughly 20 lakhs before appearing on Shark Tank India, but after appearing on the show, monthly sales jumped to around 80 lakhs – 1 crore. Its distribution has also expanded from 3 locations to presently 19 cities.
2. Hammer Lifestyle
Hammer Lifestyle is a D2C and FMEG (Fast Moving Electronic Goods) business that deals in fast-paced lifestyle devices. It is founded by Rohit Nandwani in 2019. Wireless earbuds, wireless headphones, wireless earphones, and smartwatches are among the options available. India’s first athleisure audio-wearable business received a one-crore investment for 40 percent equity from Shark Aman Gupta, and the company’s monthly sales have climbed from Rs 70 lakh to Rs 2 crore since then.
3. Skippi Ice Pops
Skippi Ice Pops was the first ice popsicle company in India. It is India’s First ice pop brand that is produced with 100% RO water, natural color, and flavors. Skippi Ice Pops was also the first company on the show to earn an All Shark deal. It received one crore in finance in return for 15% ownership. Ravi Kabra and Anuja Kabra created the Hyderabad-based firm. Skippi had monthly sales of 4-5 lakhs before joining Shark Tank India, which climbed to 70 lakhs per month following the show. Its formerly regional distribution has been expanded to include Uganda, Nepal, Kuwait, Hong Kong, and Dubai.
With 150 daily visits on the internet, Skippi earned Rs 4-5 lakh every month. With 6000 to 8000 daily internet traffic, the company generates a whooping Rs 70 lakh monthly thanks to the sharks’ investment.
4. Auli Skincare Solutions
Auli Skincare Solutions is a cruelty-free and handcrafted active Ayurveda brand. Aishwarya Biswas created the organization. Shark Namita Thapar, CEO of Emcure Pharmaceuticals, gave the brand Rs 75 lakh for 15 percent ownership in the first season of Shark Tank India. It had monthly sales of 10-12 lakhs before going on the program, which climbed to 30-37 lakhs after Shark Tank India. The brand has started retail and international export is also in the works.
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