Shark Tank India founder's Rs 300 crore revenue doubled after show, entrepreneur who made Anupam Mittal change his mind now has 1.3 million users on his app
Season 3 contestant Simran Khara, who presented her brand Koparo, said that their revenue increased from Rs 70 lakh per month to Rs 4 crore per month. 'Around 60% of the people who first tried us out during Shark Tank month have stuck with us,' she said. Jagrut, who pitched his brand Savani Heritage on the show's fourth season. Savani Heritage was already the highest revenue-generated show ever, at a projected Rs 300 crore. Jagrut said that their revenue doubled after the show, which he himself was stunned by.
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Also read – Shark Tank India founders who pitched aphrodisiac chocolates answer if Anupam Mittal was being a 'hypocrite', credit Peyush Bansal for correcting him
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Randhir, who appeared on the final episode of the latest season to present his fashion label Subcultre, said that his revenue showed a 20x growth. Dhananjay, the founder of a wearable AI-powered pendant company, gave a shoutout to the 'sharks' who believed in him, and helped him communicate his ambitions to the world. The founders of Shyle, Astha and Radhesh, said that they saw a 'sharp spike in sales, collaborations, and credibility, almost overnight'. Sanjay, the founder of a book lending app business who gained tremendous appreciation from Anupam Mittal in the show's fourth season, said that he witnessed a growth of more than 100% after he appeared on the show.
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The Shark Tank India Instagram also addressed some frequently asked questions that potential applicants might have, such as how long their pitch needs to be, whether they'd have time to rehearse beforehand, and whether they need to bring a prototype if their company is pre-revenue. The post also acknowledged potential conflicts of interest that 'sharks' might have, if they are previously invested in direct competitors of the products being pitched. The post outlined timelines that contestants can fall back on in the event that they make the final cut, are able to deliver a successful pitch, and receive an offer from one or more of the 'sharks'.
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