Shark Tank India Season 3: The much-awaited Season 3 of India’s favorite startup reality show, Shark Tank India, premiered on January 22nd, 2023. With new celebrity investors, innovative business ideas, and plenty of drama, this season promises to be bigger and better.
Whether you’re an avid Shark Tank fan or just curious about the buzz, this guide will give you a comprehensive look at what to expect in Season 3 – from the exciting lineup of entrepreneurial ventures to the new sharks making their Tank debut.
Meet the New Sharks Joining the Tank
The Shark Tank India judge’s panel welcomes two fresh faces this season:
- Radhika Gupta – As the CEO of Edelweiss Asset Management, Radhika brings deep financial expertise and business acumen to the show. Her experience managing over Rs. 44,000 crores of assets will be invaluable in evaluating complex startup investment deals.
- Amit Jain – The co-founder and CEO of CarDekho, one of India’s most successful online automobile marketplaces, Amit adds insights from the booming auto-tech sector. His journey growing his bootstrapped startup into a unicorn startup positions him well to guide young founders.
These new sharks will join returning favorites like Anupam Mittal, Aman Gupta, Namita Thapar, and Peyush Bansal on the judging panel. With their diverse backgrounds spanning finance, e-commerce, advertising and more, they bring a well-rounded perspective to evaluate startups seeking funding.
Overview of Companies and Pitches in Season 3
The new season showcases a diverse range of exciting startups spanning food & beverage, fashion, healthcare, robotics, and more. Here’s a sampling of some of the notable companies appearing this season:
- Earthy Goods: This startup sells plant-based meat alternatives like vegan kebabs, momos, biryanis – bringing vegetarian-friendly twists to popular Indian dishes. Their pitch attracts interest from multiple health-focused sharks.
- Fabriq: This young venture aims to disrupt fitness wearables with their sleek, affordable smartwatch designed for the Indian market. Their balance of high-tech and budget pricing creates a bidding war amongst the sharks.
- Becos: This startup’s line of cruelty-free, vegan personal care products has captured urban youth interest. In the tank, they have to convince the sharks to invest in scaling up their Gen Z-friendly branding.
- Robo Chef: This Chennai-based startup combines robotics and food tech. Their innovative robotic chef prototype can cook customized south Indian cuisine with just the touch of a button, intriguing the tech-focused sharks.
With a total of 198 companies pitching this season, these highlight just some of the creative business ideas aiming to hook an investment offer and backing from the influential sharks.
Notable Moments and Events from the New Season
The new episodes have already delivered plenty of buzzworthy moments, deals, and drama:
- Record Deal: This season saw its biggest deal yet when eco-friendly feminine hygiene brand Nua raised Rs 2.5 crore from Vineeta Singh in exchange for 3% equity. This breaks Shark Tank India’s previous record of Rs 2 crore.
- Emotional Pitches: Entrepreneurs poured their hearts out during emotional pitches, like survivor Pooja Mishra of RebirthAge sustainable products, bringing out the sharks’ compassionate sides.
- Heated Exchanges: The sharks sparred during heated negotiations over promising startups like Digi-Prex, which offers digital transformation for clinics. The tension only made their bidding war even more intense.
- Celebrity Appearance: Cricketer Shikhar Dhawan made a special guest appearance to promote his D2C men’s grooming brand One8 Commando. He even walked away with a deal with boAt’s Aman Gupta.
With many more episodes left in the season, there’s sure to be plenty more memorable moments in store as more entrepreneurs enter the tank to pitch the sharks and compete for deals.
Read This Too: Adani-Hindenburg Row में SC जांच नहीं, कोर्ट ने सेबी से क्या कहा ?
Why Audiences Love Shark Tank India
Much of the buzz and popularity around Shark Tank India stems from how the show has struck a chord with Indian audiences:
Authenticity – By incorporating context, language, and cultural references tailored for Indian viewers, the show feels locally authentic and relatable.
Inspiration – The innovative ideas and courage of contestants inspire audiences to pursue their own entrepreneurial dreams.
Entertainment – Dramatic negotiations and interpersonal dynamics between the sharks and pitchers make for highly entertaining viewing.
Education – The show imparts valuable business lessons, from raising venture capital to managing scale.
The show provides the right mix of authenticity, inspiration, entertainment, and education that connects with Indian viewers across the country.
Key Takeaways from Shark Tank India Season 3
Here are some top takeaways so far from the latest season:
- Creativity and innovation come in all shapes and sizes – from robot chefs to plant-based kebabs.
- Passion, dedication, and grit matter just as much as a novel idea to make a business successful.
- Research your investors well and understand their interests before pitching to maximize chances of striking a deal.
- Perfect your pitch – focus on your competitive advantage, business model, and growth metrics.
- Be flexible on equity and valuation – you want to land the right investors more than maximize short-term gains.
- Learn from constructive feedback – the sharks often provide invaluable mentorship along with capital.
With these tips in mind, your startup could have what it takes to land the next big Shark Tank India deal!
Gear Up for the New Season of Shark Tank India!
Shark Tank India Season 3 promises all the excitement, emotion, and entertainment that made the show a cultural phenomenon. With new sharks, new startups, and new milestones, it’s sure to make compelling and inspiring viewing for diehard fans and casual viewers alike.
So get ready to cheer on the next generation of Indian entrepreneurs as they bring their A-game to the tank. Will they be able to impress the sharks and walk away with the funding needed to turn their big ideas into reality?
Watch the drama unfold on SonyLIV and find out! We hope this guide gets you primed for the thrilling new season of startup pitches, deals, and dreams. Let us know which new startup stories and shark interactions you find most compelling this season!
