The first episode of Shark Tank India Season 2 premiered on January 2, 2023 on Sony LIV and Sony Entertainment Channel
The all new season of Shark Tank India returned with a new host this time. Standup comedian Rahul Dua is the show’s new host for season 2
The season 2 of Shark Tank India features six sharks- Anupam Mittal, Aman Gupta, Namita Thapar, Vineeta Singh, Peyush Bansal and Amit Jain
Three companies pitched in the first episode of Shark Tank India. The offer for the third company was declined, despite the fact that the first two pitches received their fair deal
Hoovu, Fresh Pooja Flowers, was the first startup to pitch on Shark Tank India 2 and was the first one who bagged a deal. Hoovu had devised a machinery to provide fresh flowers for religious purposes
Ask: Rs 80 lakh for 1% equity
Final Deal: Rs 1 crore for 2% equity, with sharks Peyush Bansal and Aman Gupta
Darjeeling tea brand Dorje was the second company to pitch and bag a deal on Shark Tank India.
The founders of the company left their jobs to revive their family's heritage Selim Hill Tea Garden, in Darjeeling by making high quality organic Darjeeling Tea available, affordable and accessible for Indians
Ask: Rs 30 lakh for 5% equity
Final Deal: Rs 30 lakh for 15% equity, with sharks Peyush Bansal, Vineeta Singh, and Anupam Mittal
Recode, a makeup and cosmetics company, was the last pitch on the first episode and the one that was talked about a lot on Twitter. Recode Studios is a makeup company with good profits and a good customer acquisition strategy, which was liked by sharks
Ask: Rs 1 crore for 1% equity
Almost all sharks backed out from investing in the company on the grounds that it was a rival company of shark Vineeta Singh’s Sugar Cosmetics, who was also their friend
Support poured in for Recode Studios on social media on how they deserved so much better. Netizens wrote, “The motto of this show is to encourage entrepreneur, not to discourage”, “Friendship over business not done” and more
Produced by: Sonali
Designed by: Pragati