How to Register for Shark Tank India?

Get ready for an exhilarating journey of innovation and entrepreneurship in Shark Tank India Season 3! Witness as ambitious innovators from across the country take the hot seat, pitching their groundbreaking ideas to a panel of industry titans. These aren’t just pitches – they’re stories of passion, resilience, and the indomitable spirit of Indian entrepreneurship.

Here’s a step-by-step guide for the registration process for Shark Tank India:

Step 1: Online Registration

• Download or update the SonyLIV app on your mobile device.
• Log on to the official Shark Tank India Season 3 registration page on SonyLIV.com.
• Fill out the registration form with accurate personal details and a captivating description of your business idea.
• Ensure that you meet the eligibility criteria: be 18 years and above and a citizen of India.
• If you’re under 18, you can’t apply directly. Your parent(s)/guardian(s) can apply on your behalf. They must accompany you for auditions and shoots if selected. Fill the form with their details, and they need to submit necessary documents for verification as per the Terms and Conditions.

Step 2: Create a Pitch Video

• If your registration form catches the attention of the Shark Tank India team, proceed to create a three-minute video pitch.
• In the video, clearly and convincingly present why your business idea is unique, viable, and deserving of investment.
• Emphasize key points such as the market potential, scalability, and any other factors that make your business stand out.

Step 3: Audition Round

• Once your video pitch is submitted and approved, you will enter the audition round.
• Auditions will be conducted in major cities like Delhi, Mumbai, Bengaluru, and Kolkata. Be prepared to travel to the designated audition location.
• During the audition, present your business idea to the Shark Tank India team. They will assess the feasibility and potential of your venture.

Step 4: Pitching to Business Experts

• Successful candidates from the audition round will progress to the next stage, where they will pitch their business ideas to a panel of business experts.
• Showcase the strengths of your business, respond confidently to questions, and demonstrate a clear understanding of your market and competition.

Step 5: Final Selection

• The final selection will be based on the quality of your pitch and the assessment by the Shark Tank India team.
• If selected, you will have the opportunity to feature on Shark Tank India and potentially secure investment for your business.

Tips:

• Follow all guidelines provided by Shark Tank India throughout the registration process.
• Stay informed about any updates or changes by regularly checking official communications from Shark Tank India.
• Be prepared, confident, and articulate at every stage of the registration process to maximize your chances of success.

Shark Tank FAQs: Navigating Entrepreneurial Waters

Explore the essential FAQs surrounding Shark Tank, your go-to guide for insights into the world of entrepreneurship, successful pitches, and the dynamics of securing investments. Whether you’re a budding entrepreneur or a fan of business innovation, join us as we unravel the essentials behind the Shark Tank phenomenon.

Shark Tank India Season 1 & 2: Investment Analysis and Outcomes

More than a year post the inaugural season of Shark Tank India, an assessment by PrivateCircle Research reveals that seven sharks, including Ashneer Grover, Peyush Bansal, Anupam Mittal, Aman Gupta, Ghazal Alagh, Vineeta Singh, and Namita Thapar, fulfilled 27 out of the 65 investment commitments made during the Season 1 telecast. The total committed investment value was INR 40 crore, with INR 17 crore invested across 27 startups as of July 12 2023. 

Namita Thapar led the pack, meeting 59% of her investment commitments, while Anupam Mittal had the lowest percentage at 29%. Out of 117 startups that participated in Season 1, 65 secured deal commitments during the show. Interestingly, two initially rejected companies, Agri Tourism and Jhaji Achaar, secured investments post-show. Agri Tourism received INR 5 lakh from Namita in April 2022, and Jhaji Achaar secured INR 30 lakh in a joint investment from Namita and Vineeta in September 2022.

Shark Tank India Season 2, which concluded in March 2023, witnessed 166 companies pitching on the show, with 115 securing deal commitments. However, only one of them has filed for investments thus far.

Shark Tank India has paved the way for the success of several Direct-to-Consumer (D2C) brands. Let’s delve into the funded ventures, and the impact they’ve made. These key players and prominent D2C brands not only struck deals but also transformed their success into lasting impact.

1. ALTOR

Amount Raised:Rs. 50 Lakhs  

Founders: Shamik Guha, Sayan Tapadar, Aninda Ghosh, Md. Bilal Shakil, Anirban DGupta

Episode: Season1 – E9  

ALTOR, a smart helmet brand, ensures rider safety with its innovative features. Funded by Aman and Peyush for 7% equity, securing Rs. 50 Lakhs.

2. Ariro

Amount Raised: Rs. 50 Lakhs  

Founders: Nisha and Vasanth  

Episode: Season1 – E9  

Ariro Toys, founded by parents Nisha and Vasanth in 2016, focuses on safe, neem wood toys. Secured funding of Rs. 50 Lakhs from Peyush and Aman for 10% equity.

3. Beyond Snack Kerala Banana Chips

   Amount Raised:Rs. 50 Lakhs  

   Founder: Manas Madhu  

   Episode: Season1 – E8  

Authentic Kerala Banana Chips, founded in 2020, received Rs. 50 Lakhs for 2.5% equity from Aman and Ashneer. The brand emphasizes top-notch hygiene and a variety of flavors.

4. CosIQ

Amount Raised: Rs. 50 Lakhs  

Founders: Kanika and Angad Talwar  

Episode: Season1 – E4  

CosIQ, an intelligent skincare brand, secured funding of around 38 Lakhs from Anupam and Vineeta for a combined 25% equity. Their products offer visible results and are scientifically-backed.

5. Nuutjob

Amount Raised: Rs. 25 Lakhs  

Founders: Anushree and Ananya  

Episode: Season1 – E10  

Nuutjob, addressing male intimate hygiene, won Rs. 25 Lakhs funding for 20% equity from Aman, Peyush, and Namita. Their products are cruelty-free, sulphate-free, and safe for men.

6. Wakao Foods

Amount Raised: Rs. 75 Lakhs  

Founder: Sairaj Gaurish Dhond  

Episode: Season1 – E29  

Wakao Foods, a vegan meat brand founded by Sairaj Gaurish Dhond, offers ready-to-eat packs made from jackfruit. Secured Rs. 75 Lakhs from Vineeta, Namita, and Ghazal for 21% equity.

7. Hair Originals

Amount Raised: Rs. 60 Lakhs  

Founders: Jitendra Sharma, Piyush Wadhwani, Ashish Tiwari  

Episode: Season1 – E22  

Hair Originals specializes in wigs and hair extensions made from 100% real human hair, sourced from the temples of South India. Raised Rs. 60 Lakhs from Ashneer Grover, Anupam Mittal, and Peyush Bansal.

8. Hammer Lifestyle

Amount Raised: Rs. 1 Crore  

Founder: Rohit Nandwani  

Episode: Season1 – E15  

Hammer Lifestyle, an athleisure tech brand, delivers high-quality TWS audio gadgets and expanded into the fitness category with smartwatches. Received Rs. 1 Crore for a 40% stake from Boat co-founder. The brand promotes an active and fit lifestyle.

Velocity-Backed Brands: Unveiling the Success Stories Beyond Shark Tank India

Venturing beyond the triumphs shared earlier, let’s dive into the thriving ecosystem of brands that not only graced the Shark Tank India stage but also secured backing from Velocity. Season 1 left its mark with Jhaji Stores, Raising Superstars, Hammer, and French Crown, all finding their stride. 

Fast forward to Season 2, and the innovation parade continued with the likes of Very Much Indian, Patil Kaki, Nestroots, Flatheads, Recode, Leafy Affair, Blue Tea, Cellbell, and Nirmalaya. Each brand tells a unique tale of entrepreneurial grit and determination, further fueled by the collaborative support from Velocity. Explore the journey where ideas meet investment, shaping a landscape where dreams took flight.

To unravel the intriguing world of Shark Tank India Season 3 and get insights into the esteemed panel of judges, delve deeper into the entrepreneurial saga. For an exclusive look into the profiles and perspectives of the dynamic judges shaping the next wave of startups, follow this link.

Velocity stands at the forefront of revolutionizing cash flow-based financing in India, catering specifically to the dynamic needs of new-age businesses. As India’s premier financing platform, our mission is to bridge the gap in working capital access for sectors traditionally overlooked due to a lack of tangible collateral like property or machinery. By harnessing the power of extensive data analytics and strong online cash flows, Velocity introduces cutting-edge financial solutions tailored for the digital era. Based in Bengaluru, our fintech innovation has empowered over 4,000 brands, facilitating over ₹750 crores in disbursements. Our network spans 26 ecosystem partners, including ties with four of the largest marketplaces in the industry. Discover how Velocity can accelerate your business’s growth by visiting us at https://velocity.in/blog.