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Shark Tank India registration process for Season 2

Pioneer News by Pioneer News
November 10, 2022
in Business
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Shark Tank India registration process for Season 2

Shark Tank India Season 2 is set to premiere in 2022 following Season 1’s exponential success. We will highlight popular facts about the reality show and how to register for Shark Tank India Season 2.

Shark Tank India registration for Season 2 has already begun, inviting budding entrepreneurs from all over the country to pitch their ideas and grab the best deals.

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An overview of Shark Tank India:

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Shark Tank India is a television series based on the American reality show Shark Tank. Shark Tank India premiered on Sony Entertainment Television in December 2021 and aired 35 episodes. As a result of the show’s unique format and the popularisation of startup culture in India, it caught everyone’s attention and became an instant hit.

It enables aspiring entrepreneurs to market their products and show off their business model both to investors and to national and international audiences. The entrepreneurs prepare 5-minute pitches that they present to a panel of investors in order to obtain investment.

Investors are often referred to as ‘sharks’, and are successful business owners and experts in their fields. In exchange for a portion of their equity or debt-funding opportunities, these investors further invest in promising business models and mentor startup owners.

A total of 62,000 businesses registered for Shark Tank India’s first season, out of which 198 pitched their innovative ideas and 67 landed investment deals. Investors invested a total of Rs 41.98 crores in startups.

Sharks/Judges:

A total of 7 sharks participated in Shark Tank India’s first season, each contributing knowledge, expertise, and financial resources to the startups.

  • Aman Gupta co-founded boAt along with Sameer Mehta in January 2016. At present, he is the Marketing Director of boAt, which is known for its headphones and earphones.
  • Anupam Mittal is an actor turned entrepreneur, known as the founder of the matrimonial site Shaadi.com. He is also the founder and CEO of People Group as well as the founder of Makaan.com, Mauj and Mobango.
  • Ashneer Grover is the co-founder of BharatPe, an Indian fintech company. He co-founded it with ShashvatNakrani and Bhavik Koladiya in 2018. He is now the former Managing Director of BharatPe but unfortunately he will not be judging in Shark Tank India Season 2.
  • Amit Jain will be replacing Ashneer Grover in the new season. He is the founder of CarDekho which he started in the year 2006 along with his brother Anurag Jain.
  • Ghazal Alagh and her husband Varun Alagh are the co-founders of Mamaearth. Founded in 2016, Mamaearth is India’s first toxin-free beauty brand.
  • Namita Thapar is the Executive Director of Emcure Pharmaceuticals.
  • Peyush Bansal: He is the co-founder and CEO of Lenskart, an e-commerce portal for eyewear. He has also set up searchmycampus.com and Valyoo Technologies.
  • Vineeta Singh is the co-founder and CEO of SUGAR Cosmetics, a beauty product brand.

The following businesses received funding:

  • Get-A-Whey. Jash Shah and Pashmi Shah founded the brand with their mother Jimmy Shah in order to provide a healthier option for consumers. Their ice creams contain whey protein and no added sugars. An investment of Rs 1 crore was made for 15 percent equity.
  • It is a B2B and B2G startup that makes smart safety helmets founded in 2020 by Pulkit Ahuja and Inderjit Singh. In other words, it’s a human proxy device. The deal was closed at Rs 1 crore for 10% equity.
  • AAS Vidyalaya. An educational start-up claims to be India’s first virtual school. The organization is run by Vikas and Leena Kakawini with the aim of providing quality education to those who cannot access it for a variety of reasons. For 15% equity, their business bagged a deal worth Rs 1.5 crore.
  • Booz: Founded by RutvijDasadia, it is an app-based electric scooter startup to ensure sustainable traveling. It is the first of its kind in South Asia. The business received Rs 40 lakhs for 50% equity.

How To Register for Shark Tank India Season 2:

You can now register for Shark Tank India Season 2 and give your business venture the platform it deserves.

The registration process involves the following steps:

  • To access the application form, download/update the SonyLIV app or follow the link: sonyliv.com/
  • Sign up using your phone number.
  • After signing up, select your preferred language.
  • Carefully go through the ‘Terms and Conditions’. Confirm and submit once done. This is followed by the instructions in written as well as video format.
  • After reading the instructions, start filling out the form.
  • Enter your business details such as name, products, etc. Also, mention the desired funding and percentage investment returns. Similarly, answer the following questions.
  • Finally, fill in personal information of about 250 words.
  • Once the application form is complete, click on submit to finish the Shark tank India registration

For startup owners seeking to scale up their businesses and widen the market for their products but lacking the financial resources, Shark Tank India is a game-changer.

Tags: Indian business timesseason 2Shark Tank IndiaShark Tank India Registration
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