Blog

On the Tank Baldev Jumnani (40 years) has worked as an MR in Insperra Healthcare India Biz. Jayashree Jumnani is 38 years old. Why started Shrawani Engineers? Baldev stated that I once went to a hotel and was sitting on the corner of a swimming pool when I noticed a handsome boy with six-pack abs. That boy’s navel was outside. So it kills the sexy look of an individual. Their product creates a round and deep Navel without the need for surgery or medication. The navel is similar to the fingertips, which vary depending on the individual. This product has a huge demand, especially in the film industry. Shark Tank Recap Their product creates a round and deep Navel without the need for surgery or medication. ₹10 lakhs in exchange for 20% equity making the valuation stand at ₹50 lakhs. As of now, there is no demand for this product. and Making “Gol and Gehri Naabi” is a tall claim. As such, no offer was made to them. Shark Tank Live Ask ₹10 lakhs in exchange for 20% equity making the valuation stand at ₹50 lakhs. Demo Review Sundari (Dancer) gave the demo in front of the sharks. Later, Jayashree showed them a demo of how to apply them. Sales and Revenue of Shrawani Engineers A complete package is being given to the customers, which includes: Sanitizer—to protect from bacterial growth. Castor oil—with unique ingredients and benefits Navel fukai—to make the navel deep. More than 650+ customers have achieved their goal of “Gol aur gehri nabi.” And generated a revenue of ₹4,80,000. Feedbacks from the sharks Vineeta: I don’t trust the products that make tall claims like some permanent change in the body. Anupam: You are trying to create a new category, but this is early. Namita (PharMaa): 650 customers have just bought your product in “Curiosity.”. Aman: I am just out. Ashneer: There are many more problems to solve. Deal As such, no offer was made to them. Shrawani Engineers Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.

On the Tank Rahul Daga, Yash, and Arpit Kabra from Mumbai founded Hungry Heads in 2013. However, Yash passed away in 2018. Why started Hungry Heads? Maggie is everyone’s comfort food. With this in mind, Rahul, Arpit, and Yash started “Hungry Heads” in the year 2013. The goal is to establish Hungry Heads as the top concept restaurant in India. Selling Maggie in 80 different flavors. Shark Tank Recap Selling Maggie in 80 different flavors. To establish Hungry Heads as the top concept restaurant in India. ₹50 Lakhs in exchange for 5% equity (Valuation-10 crores). The placement of their brand name is amazing. As such, no deal was made on the tank. Shark Tank Live Ask ₹50 Lakhs in exchange for 5% equity (Valuation-10 crores). They plan to establish two additional stores and a central kitchen. Demo Review Namita (PharMaa)- this maggie is amazing.  Aman- outstanding food. Business Model & sales As of January 2022, they were managing only one restaurant, located in Mumbai. Generated revenue of ₹20 Lakhs in the last 6 months and ₹5.5 Lakhs in the last month. Additionally, 80% of the sales come from dine-in and the remaining 20% from food deliveries. Feedbacks from the sharks Aman: The product lacks differentiation and does not fit the market. Vineeta: You need to learn more to run this business. Ashneer: A person selling Maggie in Manali Mall Road would have more sales than your restaurant. Anupam: Maggie isn’t possible in delivery.  Namita(PharMaa): Since I work in the health care industry, I cannot relate to the product in question. Deal As such no offers were made to them. Hungry Heads Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.

On the Tank Revamp Moto began its operations in September 2020. Jayesh Tope has two previous startups. 1) EV 2) Agri-tech supply chain. And he spent a year observing the product development of Mahindra Thar. Pushkaraj Salunke is the technical backbone of this company. Pritesh Mahajan served as an assistant vice president at SBI for three years. Why started Revamp Moto? A 2-wheeler EV bike can be utilized for approximately 10 different purposes. Alternatively, it could serve as a portable store for a merchant. About the products: Mitra can run for 140 km on a single charge, with a top speed of 65 km/hr and a weight capacity of 200 kg, and it comes with swappable batteries. Attachments: Additionally, it comes with 10 different attachments, including a foldable table, a delivery basket, and a mini fridge (perfect for keeping milk and other beverages cool). Please be aware that the cool keep (mini fridge) will automatically reduce its range from 140 km to 70 km after 5 hours of use due to power consumption.  RM25: This is a prototype for a client named “Buddy” who is based in Hyderabad. Shark Tank Recap A 2-wheeler EV bike can be utilized for approximately 10 different purposes. To be served as a portable store for a merchant. 1 crore in exchange for 1% equity, making the valuation stand at ₹100 crores. Feedbacks/Offers After a huge fight between Ashneer, Anupam, and Aman. At last, Aman and Anupam together would come with ₹1 crores (50 Lakhs each) for 1.5% equity (valuation 66.67 crores). Shark Tank Live Ask 1 crore in exchange for 1% equity, making the valuation stand at ₹100 crores. Business Model of Revamp Moto They are working on both B2B and B2C models, with two different types of products available. The B2C model includes “Mitra.”. On the other hand, B2B offers bikes like “RM 25,” which the client can customize to their specifications. Sales and Revenue Signed a term sheet and got the order for 50000 units of RM 25 bikes worth ₹250 crores (approximately ₹55,000 each). Also, in talks to run a pilot with Licious. As of now, Mitra is being sold for ₹1,06,000, but since the central and state governments are giving subsidies, this can be easily available in a range of ₹45,000-₹60,000 (depending upon state). Feedbacks from the sharks Vineeta: This is a capital-intensive business. Namita: I am nervous about insurance, components, and charging infrastructure. Offer for Revamp Moto Ashneer: ₹1 crore for 1.25% equity (valuation 80 crores) Anupam and Aman: Together to come for ₹1 crore for 1.5% equity (valuation 66.67 crores). Deal Ashneer, Anupam, and Aman engaged in a significant altercation. At last, Aman and Anupam together would come with ₹1 crores (50 Lakhs each) for 1.5% equity (valuation 66.67 crores). Revamp Moto Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.

On the Tank Why started Bummer? Bummer was founded by Sulay Lavsi in February 2020. When, the majority of the brands focus on only two colors, i.e., black and white. This is where Bummer comes in. Joint ventured for 12 months with a factory wherein Bummer provided them the machines worth ₹10 Lakhs and fixed a specific line for Bummer in exchange. Bummer uses micromodal fabric, which is incredibly soft and sustainable. Combined with exclusive designs and bold colors. In addition, they offer matching underwear for couples. Shark Tank Recap The majority of the brands focus on only two colors, i.e., black and white. This is where Bummer comes in offering exclusive designs and bold colors. Ask: ₹75 Lakhs in exchange for 4% equity (valuation ₹18.75 crores) closed the first venture round with four Indian angel investors and Bnext (Singapore) in the lead at a valuation of $1.2 million, or roughly 9 crores. Feedback: The brand name “Bummer” is on point. At last, Together, Aman and Namita would come for ₹75 lakhs for 7.5% equity (Valuation:10crores) Shark Tank Live Ask ₹75 Lakhs in exchange for 4% equity (valuation ₹18.75 crores). Business Model & sales of Bummer Prior to the broadcast of the pitch, Bummer exclusively sold its products online. No e-commerce and offline sales. Sulay stated that by selling it to 15000+ customers, they generated a revenue of ₹80 Lakhs in the last six months. Also, last month’s sales were ₹15,00,000 through their website only. One interesting yet astonishing factor is that the split between boys and girls is 50-50. Unit Economics The average order value is ₹1,100. Out of which the cost of making is ₹330, the cost of shipping is ₹70, the cost of marketing is ₹550, and the remaining ₹150 is profit. 25% of individuals are placing their second order. Feedbacks from the sharks Ashneer- You want Aman and Vineeta so just take the offer from them. I am out. Vineeta- Focus on improving design for women and I can’t match your Valuation. Anupam- This is a very competitive market and already, I have lost my money in a similar business. Offer for Bummer Aman and Namita would come together for ₹75 Lakhs for 15% equity (Valuation- 5 Crores). Counter offer ₹75 lakhs for 7.5% equity ( valuation: 10 crores) Deal Together, Aman and Namita would come for ₹75 lakhs for 7.5% equity (valuation-₹10 crores). Bummer Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.

On the Tank Kalpana and Uma jha (Nand-Bhabhi) come from Darbhanga, a small city in Bihar. In this city, people have a deep love for food, particularly pickles. When their son Neelesh Jha settled down, they encouraged him and gave him some money to start his pickle business, fulfilling their lifelong desire to make a difference. In addition to this, they assisted them in establishing their online presence on various social media platforms, contributing 20% of their equity. Why started Jhaji Store? They use a special ingredient in their pickle that is exclusive to them. In June 2021, they launched Jhaji Store with the goal of bringing this pickle to every corner of the world. They are spreading the taste of their mother-in-laws and grandmothers throughout India. Shark Tank Recap Jhaji store sells sundried and preservatives free homemade pickles. They are spreading the taste of their mother-in-laws and grandmothers throughout India. Ask: ₹50 lakhs for 10% equity (valued at -5 crores) Deal: As such, no offers were made to them. Shark Tank Live Ask ₹50 lakhs for 10% equity (valued at -5 crores). To meet the growing demand, expand our Mithla dish offerings, and establish warehouses in Delhi, Bombay, and Kolkata. Business Model & Sales of Jhaji Store Currently, they only sell the pickles online. They have served 2500 customers in these three months. Generated a revenue of ₹5,14,000 in the last month by selling in Delhi and NCR only. 15% of the revenue comes from returning customers. Unit Economics of Jhaji Store Having an average order value of ₹600. ₹180 is spent on advertising, ₹140 on courier,₹170 is the cost of making and the remaining ₹110 is their gross margin. Feedbacks from the sharks The name is amazing, as people can relate to it. All three Anupam, Namita, and, Vineeta said the pickle was amazing. Neelesh must come to the front. Deal As such, no offers were made to them. Jhaji store Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India. After the pitch went on air, they got orders worth ₹25 lakh in just one day. Later, Namita, Vineeta, and Jharkhand angels came together to give ₹85 Lakhs for 8.45% equity (valued at ₹10.06 crores), double the valuation demanded during the pitch. Moreover, they said this will motivate and encourage other women and children.  

On the Tank Angad, who currently handles sales and finance, and Kanika, who previously worked in a manufacturing company and designed skin care products, founded Cos IQ. Kanika currently oversees research and development at Cos IQ. Why started Cos IQ? After working with so many brands and designing skin care products, Kanika decided to make an intelligent and ethical skincare brand. This brand will ensure that consumers receive accurate information. In addition to this, they focus on putting all the ingredients in the right quantity, hence ensuring safety and results. Showcasing their two best-selling products. They offer a serum-based sunscreen that vanishes instantly, preventing any white cast. Additionally, they created India’s first vitamin C serum using only two ingredients, excluding lemon and orange. Shark Tank Recap CosIQ specializes in cruelty-free skincare products backed by scientific research, operating within the beauty and personal care industry.  Ensuring that consumers receive accurate information. And, received offers from Ashneer, Vineeta and Anupam. At last, Vineeta and Anupam, Together will give ₹50 Lakhs(₹25 Lakhs each) for 25% equity (valuation-2 crores). Cos IQ Shark Tank Live Ask ₹50 Lakhs in exchange for 7.5% equity (valuation-6.67 crores). Further, to be used for marketing. Business Model & sales of Cos IQ As of now, they are selling their products online only. The majority of which comes from Amazon. Since its inception (4 months) they have generated a revenue of ₹11 Lakhs. Feedbacks from the sharks Namita- it’s too sticky and I can’t find any differentiator in this. Aman- I have already invested in a similar company. Offersbfor Cos IQ Ashneer-₹75 Lakhs for 25% equity (valuation-3 crores). Vineeta and Anupam- Together they will give ₹50 Lakhs(₹25 Lakhs each) for 25% equity (valuation-2 crores). Counter offer Vineeta and Anupam to come for ₹50 Lakhs for 20% equity (valuation-2.5 crores). Deal Vineeta and Anupam, Together will give ₹50 Lakhs(₹25 Lakhs each) for 25% equity (valuation-2 crores). Cos IQ Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.

On the Tank Siddharth Mishra and Utkarsh Tiwari founded NOCD. Both of them were marketing professionals. Two health-conscious guys who just give education to others, and don’t follow the same. Why started NOCD? NOCD was founded in Bangalore and currently has over 1100 retail stores in Mumbai and Bangalore. NOCD is a sugar-free beverage that contains amino acids, folic acid, biotin, and green coffee beans. Additionally, a can of NOCD contains only 5 calories. Also, they have applied for the patent for the “secret formula” to make NOCD. A renowned scientist with 25 years of experience in biocon has created this formula. Shark Tank Recap  NOCD is a sugar-free beverage that contains amino acids, folic acid, biotin, and green coffee beans. Additionally, a can of NOCD contains only 5 calories. ₹50 lakhs in exchange for 2% equity (Valuation-25 crores). For expansion in 5 more cities inIndia and 2 abroad cities.  At last, Vineeta would come at ₹20 lakhs for 15% equity(valuation: 1.33 crore) and ₹30 lakhs debt. Shark Tank Live Ask ₹50 lakhs in exchange for 2% equity (Valuation-25 crores). For expansion in 5 more cities in India and 2 abroad cities. Demo Review of NOCD Namita- this is amazing. Aman- Not at all good, I don’t like the berry flavor. Vineeta- this can contain a lot of coffee Anupam- its aftertaste is like BCAA which is not liked by everyone. Business Model NOCD has a significant presence on both online and offline channels; through listings on various e-commerce platforms and the presence of over 1100 retail stores, they have generated a total of Rs 1.25 crore in revenue in the last year. Sales and Revenue of NOCD By making it at ₹20 and selling it at ₹110, they have generated revenue of ₹1.16 crores in the last 2 quarters of FY 2019-20. Sales for the last month were ₹17.2 lakhs, and we are projecting around ₹20 lakhs in sales in October, as we have an export order to the UAE. Feedbacks from the sharks Anupam- This business is all about marketing, distribution, and a fantastic story, which at this point I can’t see in you. Namita- As such I don’t drink such kind of products and can’t relate with this. Ashneer- this is all about the placement of the product on a shelf, and your name is very bad as NOCD sounds like a medicine. Aman- You are early and need to do work on Marketing. Offer Vineeta- ₹20 lakhs for 20% equity (Valuation – 1 crore) and ₹30 Lakhs debt And, ₹20 lakhs for 15% equity (Valuation – 1.33 crore) and ₹30 Lakhs debt on condition that you would change your name and packaging. Counter offer Vineeta to come at ₹20 lakhs for 10% equity (Valuation – 2 crore) and ₹30 Lakhs debt Deal with NOCD Vineeta would come at ₹20 lakhs for 15% equity (Valuation – 1.33 crore) and ₹30 Lakhs debt NOCD Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.

On the Tank Mr. Siddhant Tawarawala started peeschute in october 2018. Why started the business? Peeschute wants to replace the whole toilet system, along with that they want to create private cubical chambers at different places, patents are in process. These cubical chambers are the market disrupters as they are collapsible, foldable, and movable, which just costs between ₹2500-₹3000. On the other hand, the cost of making a private chamber at this time is between ₹2.5 lakhs and ₹3 lakhs. Furthermore, the unique selling point is the composition that instantly solidifies the urine. Shark Tank Recap Peeschute sells pocket-size unisex urine disposable bag. Peeschute wants to replace the whole toilet system, along with that they want to create private cubical chambers at different places. However, patents are in process. ₹75 lakhsfor 4% of equity in the company making the valuation stand at 18.75 Crores. Focusingon directly installing their chambers at bus stops and railway stations.           Received offers from all the sharks except Namita (PharMaa) At last, Aman would come at ₹75 lakhs for 6%equity ( valuation ₹ 12.5 crores).   Shark Tank Live Ask ₹Rupees 75 lakhs for 4% of equity in the company making the valuation stand at 18.75 Crores. Focusing on directly installing their chambers at bus stops and railway stations. Business Model of Peeschute Peeschute is dealing in a pocket-size unisex urine disposable bag. Siddhant stated that The government of india and Niti Ayog are their direct customers. Along with that, they would focus on the distributor model for the physical chambers. Sales and Revenue Both the products are being sold at different pricing, i.e. peeschute medi at ₹33 and peeschute travel at ₹10. Over 200000 products have been Paid pilot (purchased and used) in 4 different countries(UK, US,  Canada, India). 14 Lakhs in first year, 23 Lakhs in second year and projecting 1 crore in this year. Feedbacks from the sharks Namita- Given the pending status of both your patents and the potential operational issues, I am leaving the chamber. That’s the reason I am out. Aman-Operation issues and costs would occur as to who will clean those chambers. Ashneer: Your focus on chambers is distracting; instead, concentrate on your product. Also, he suggested entering the children segment soon. Offer for Peeschute Ashneer- ₹75 lakhs for 7%equity ( valuation ₹10.71crores) Anupam and Vineeta- together for ₹75 lakhs for 10%equity ( valuation ₹7.5crores). Aman- ₹75 lakhs for 10%equity ( valuation ₹12.5 crores) Counter offer Aman to come at ₹75 lakhs for 6%equity ( valuation ₹ 12.5 crores). Deal Aman would come at ₹75 lakhs for 6%equity ( valuation ₹ 12.5 crores). Peeschute Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.

On the Tank Qzense Labs Co-founder Rubal astonished the sharks by asking how Is this apple from inside, Good or bad, Raw or solid. This is very difficult to be answered, stating that Approx. 92000 crores of fruit and vegetables perished just because of lack of this information. To help the farmers and businessmen to decide what to sell today and tomorrow. At this time all these decisions are made on a guess basis. Our device Qscan is a patented device 100% made in India, With 95% accuracy it can tell how the fruit and vegetables are from the inside, without cutting the fruit. Shark Tank Recap Rubal and Srishti came up on the tank with their unique and innovative device, “Qscan.” Also, they raised ₹5 crores at a valuation of 24 crores just 6 months before coming on Shark Tank India Season 1. Shark Anupam, upon witnessing the demonstration, expressed concern about the potential increase in waste, given that a banana he had intended to consume has now gone bad. Rubal corrected him, saying, “No, you would only eat it today and not keep it for the future.” Later, when they asked for the ₹400 crore valuation, stating their sales were just ₹15 lakhs, none of the Sharks could digest that.   However, Vineeta made an offer, but no agreement was reached on the tank. Shark Tank Live Ask ₹1 Crores for 0.25% of equity in the company making the valuation stand at 400 Crores. Business Model & Sales of Qzense labs Rubal stated, As of now we are selling this device upfront to 3 different people i.e. retailers, wholesalers, and exporters/importers. Additionally, charging them an annual maintenance fees. Also, they are operating on a quality control(QC) model, In which they digitized the whole warehouse. Hence, generated ₹15 lakhs for FY 2021-22. Feedbacks from the sharks Aman and Anupam- We are not fools. It doesn’t make sense to demand  ₹ 400 crore valuation on sales of just 15 Lakhs. So, we can’t digest this valuation and we are out. Ashneer- I don’t have words. Having deep knowledge about the product doesn’t make a business. There is no sale so, I would suggest you just sell the patents and take the exit. Namita- Unrealistic valuation at this point. Offer for Qzense labs Vineeta to invest ₹1 crorein exchange for 5% equity(valuation-20Crores) Counter offer Vineeta to come for ₹1 crore for 0.5% equity (valuation-200 Crores). Deal As such no deal was made on the tank. Qzense labs Beyond Tank tank updates Beyond Tank constantly provide updates and follow-ups about the entrepreneurs from the day they appeared on Shark Tank India.