As many as 27 startups that seemed on Shark Tank India – some within the first season, and the remainder, in the second one – later secured investment from exterior traders, leading to a valuation 2.5 instances of what each and every was once valued at at the display, in keeping with to a document from Redseer Strategy Consultants.
These startups integrated each: those who cracked offers at the display, and those that didn’t.
“Most startups secured deals 6 times greater in value from outside investors within a span of 1.5 years. Their current valuation is also 2.5 times greater than that what they were valued on season 1,” mentioned Kanishka Mohan, a spouse at Redseer.
‘Investments of greater than 100 crores made
According to the document, the whole price of the offers made around the seasons stood at smartly over 100 crores. With 70 offers and an total funding of 24.6 crore, BoAt’s Aman Gupta emerged because the ‘maximum energetic shark,’ with Lenskart’s Peyush Bansal (67 offers; 21.55 crore) and Emcure Pharmaceuticals’ Namita Thapar (62; 20.66 crore) at the back of him.
While Gupta, Bansal, and Thapar seemed as judges (the titular ‘sharks’) on season 1 together with Vineeta Singh (Sugar Cosmetics), Anupam Mittal (Shaadi.com), Ashneer Grover (BharatPe) and Ghazal Alagh (Mamaearth), CarDekho’s Amit Jain joined the panel for season 2, with Grover and Alagh falling by the wayside.
What else did the document display?
As according to the document, maximum marketers got here from metro towns, and, just like the ‘sharks,’ have been from the IITs and most sensible industry colleges, together with the IIMs. Most firms have headquarters within the metros, and the others, in Tier-1/Tier-2, or smaller towns. Also, maximum startups had been doing industry for a minimum of 2 years.
Shark Tank India
The Indian model of the preferred American industry fact display Shark Tank, the display’s first version aired from December 20, 2021, to February 4, 2022, with 35 episodes. The 2nd version, however, had 50 episodes, and was once broadcast this 12 months, from January 2 to March 10.