Shark Tank India season 2 has given lots of aspiring entrepreneurs the desired expertise and help that can guide them to their goals and raise the bar of competition. In today’s episode, we saw that many startup companies came up with innovative pitches not only to make money but also to help lower-income groups to raise their lifestyle and environment like Beekeeping.
Broomies
Three young and aspiring entrepreneurs came to shark tank India with their brand Broomies. They introduced a highly used service in India which is house help in an innovative way; by putting an app. they introduced it in 2018 and officially started in 2020 August.
House help is an essential service for both old age person and working people who require someone to clean, cook and take care of their child. They pitched for Rs. 80 lakhs against 2% equity. A house help name Truptiji talked with the shark and told them how it changed her life.
Aman, Namita, and Peyush offered them a deal at Rs. 1 crore for 3% equity in their company and they happily accepted.
Also, Read– Coloring The World, Be Unique, And Sweet Tooth On Shark Tank 2
Ravel
A hair care brand Ravel came to shark tank India with a unique way of dealing with haircare issues. He introduced his brand as a premium yet affordable way to get the hair of your choice. All the booking for the haircare is taken place through a form on their website that talks about the texture of your hair and what is their hair type. They provide customized hair shampoo and conditioner according to the customer with 20% repeat ones. His offer was Rs. 75 lakhs for 2.5% equity.
Anupam offered 75 lakhs for 10% equity, with the condition that ‘Ravel’ needs to achieve Rs. 7.5 lakhs monthly profit in 2 months. After some negotiations, the deal was sealed with the offer.
Honey Veda– Beekeeping
Two brothers came to shark tank India with an offer of Rs.75 lakhs for 7.5% equity. They pitched their brand as a sustainable way of beekeeping that only help them to extract honey easily but also the production of bees can’t be hindered. The sharks liked their pitch and Vineeta and Anupam offered them a pitch of 50 lakhs for 20% equity and Rs. 25 lakhs debt at 12% interest, which they took happily.
Also, Read– India’s First PMV Car Enters Shark Tank India 2