Shark Tank India has received widespread praise for being not only informative but also entertaining. The first season was well received by the Indian audience, so the second season was also eagerly anticipated. According to SonyLiv, approximately 8 lakh entrepreneurs from across the country applied to participate in the show, with some of the startups standing out and scoring some of the best deals.
Dhruv Vidyut is a novel electric creation for conventional bicycles. In less than 20 minutes, a DVECK from Dhruv Vidyut can transform any conventional bicycle into an autonomous vehicle. The device has internet capability and can monitor the vehicle’s location, speed, and distance. It can pedal by itself to recharge. Dhruv Vidyut impressed every Shark with a manufacturing cost as low as Rs. 9000. Gursaurabh Singh, the owner of the company, attracted the attention of every shark with his unusual non-monetary demand for 100 hours of the Sharks' work in exchange for 0.5% interest in the business.
As unusual as its name suggests, Kyari Innovations created something even more amazing. The world’s first smart walking sticks with a power bank, a panic alert, LED lights, and an electrical probe were created by the sibling team of Smratika and Abhay Sharma. Once more, Peyush Bansal and Aman Gupta offered them a proposal for Rs. 51 lakhs for 6% equity.
Founder Arun Aggarwal left no stone unturned in his quest to win over the panel of judges. To make expectant mothers’ lives easier, he created a tool for remote fetal-maternal monitoring. As he requested Rs. 1 crore for 2.5% equity, he left the sharks fighting among themselves. He ultimately chose Namita Thapar over Peyush Bansal and Amit Jain since she has experience in the healthcare industry.
Paradyes, India’s first semi-permanent hair colour brand, impressed the sharks with their innovative business model. They dispel myths about how hair coloring can be harmful and offer a wider range of options. Despite having a higher offer from Peyush Bansal, the founders ended up signing a deal with Vineeta Singh and Aman Gupta for 65 lakhs for 2% equity.
Patil Kaki, as seen in episode 4, is a new business that sells homemade snacks such as laddoos, modak, chakli, chivda, and puran poli. Their hygiene and authenticity set them apart from other snack-selling brands. The pitchers eventually agreed to a deal with Anupam and Peyush for 40 lakhs and 4% equity.
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