Top Indian Startups in Shark Tank Season 3

In its nearly three months of existence, the third season of Shark Tank India has witnessed some game changers from startups that have managed to secure investment deals with the sharks.

With more such deals expected to be struck in Season 3, which will feature the longest panel of 12 sharks, let's shed light on some of the startups that managed to secure big deals in Shark Tank India Season 3:

AI KAWACH

As part of the third season of Shark Tank India, AI startup Kavach presented its artificial intelligence solution aimed at preventing online fraud. Founders Pratyusha Vemuri and Girish Nagavarapu asked for Rs 50 lakh in exchange for 1.25% stake. They closed the deal and received Rs 1 crore from Vinita Singh and Namita Thapar in exchange for 2.5% advisory capital and 2.5% equity.

FlexifyMe

Another startup that saw great success in the third season of Shark Tank India is FlexifyMe, a pioneering health technology platform targeting chronic pain that made waves after its successful appearance in the third season of Shark Tank. The company impressed the outstanding Sharks group. in line with its vision by securing a significant investment of Rs 1 crore, of which Rs 50 lakh will be provided as equity capital and the remaining Rs 50 lakh will be provided as debt financing with details of interest to be finalized from the principal investors Namitha Thapar and Amit Jain.

Yes Madam

Yes Madam, a home salon and spa brand, has quickly impressed Sharks with its unique and diverse range of salon services, as well as a wide range of health and beauty products designed with ease of use and safety in mind. The company received funding of Rs 1.5 crore for a 2% stake along with 2% royalty until the sharks return the investment amount of Rs 1.5 crore.

Nasher Miles

Nasher Miles, a bag brand for all occasions, has won the hearts and funding of sharks with its colorful and presentable luggage bags. The spirit of the founders was impressive, and their dynamic spirit and enthusiasm instilled confidence in the Sharks. Nasher Miles initially sought an investment of Rs 3 crore by offering 0.75% stake at a valuation of Rs 400 crore. However, the negotiations resulted in a different agreement, with the startup eventually receiving Rs 3 crore for a 1.5% stake, valuing the company at Rs 200 crore.

Tiggle

Tiggle Hot Chocolate is a delicious and rich chocolate premix for hot chocolate. It also caught the attention of Shark's not only with its quirky name, but also with its impressive hot chocolate mixes that brought a sweet smile to the face when Sharks tried it. Anuva Kakkar introduced Tiggle on Shark Tank, initially asking for an investment of Rs 50 lakh for a 5% stake. After negotiations, she struck a deal with Sharks Peyush Goyal and Amit Jain, who agreed to invest Rs 50 lakh for a 20% stake along with 2% royalty until they return Rs 1 crore.

Intervue

Intervue, a startup that aims to simplify the interview process, showcased its technology and AI solutions at Shark Tank India. Aman Gupta made an offer to founders Rahul Arora and Pushpendra Rautela, promising Rs 1.5 crore in exchange for a 2% stake. The founders asked for Rs 1.5 crore for 5% stake.

Decode Age

Another startup that scored a lucrative deal in the third season of Shark Tank India is Decode Age, a healthy aging company that provides supplements to improve the health of people as they age and helps them properly fight the ailments of aging and also supports the Sharks. with real money. The proven results sparked the Sharks' interest in learning more about Decoding Age and its products. The company successfully completed the deal with the Sharks and received sole financing from the Sharks of Rs 1.5 crore for 2.25 per cent equity plus 1 per cent royalty until Rs 1.5 crore is returned.

Also Read: 8 Tech Startups on Shark Tank India Season 2 that Caught Everyone's Eyes