Most Memorable Pitches on Shark Tank India Season 3

Season 3: A Recap

Shark Tank India Season 3 is one of the most exciting seasons ever. Throughout the season, we saw all kinds of pitches. From new tech companies to old-fashioned businesses, each has its own unique story and reasons why it could succeed.

But what makes a pitch genuinely memorable? In this blog, we'll discover the qualities that set companies apart and why they leave a lasting impression on sharks and audiences.

The Power Of Pitching

A perfect pitch is like a perfectly baked pie from a bakery. Everyone will love it and will buy it more often. This is why, when founders visit the show, they must prepare a solid pitch to get funding and show why their idea is incredible. A good pitch can make the investors interested and excited, and of course, you know what happens when the sharks like your pitch. People watching at home also play a massive part in the success of a business because they'll be the ones to buy the product, which is why entrepreneurs have to be as presentable as possible. The most beneficial part of creating a solid pitch is that it showcases the problem your product solves, what makes it unique, and what its potential is in the market.

Here are the criteria for creating a solid pitch:

• Apply individually.

• Submit a 3-minute introductory video explaining your business idea.

• Be prepared for shark questions.

• Provide precise and extensive financial details.

• Acknowledge competitors and explain your company's USP.

• Justify the market vacuum and explain your entry strategy.

Now that you know how to create a compelling pitch, let's learn more about the top five successful pitches from Shark Tank India Season 3.

Top 5 Memorable Pitches of The Season

1. Turms

Ask - ₹ 1.2 Crores for 2% Equity

Deal - ₹ 1.2 Crores for 4% Equity

Invested By - Azhar Iqubal

Founder: Surender Singh Rajpurohit

Pitch Summary - Turms is a fantastic clothing brand that started in 2016 and has unique clothes. They make unisex outfits, but the catch here is that the clothes don't stain. They also have wearable jeans that last a month without washing and socks that last a week without smelling. The company was initially started by someone else, but in 2022, Surender Singh Rajpurohit took over. During the pitch, Surender said that he had just bought the brand, not the whole business, which made his pitch more attractive.

In his pitch, Surender was confident and explained everything very clearly. At the time of negotiation, it was very clear that he did his question round preparation and took the deal easily.

Buy Turms products on Amazon.

2. P-Tal

Ask - ₹ 50 Lakhs for 1% Equity

Deal - ₹ 1 Crore for 3.2% Equity

Invested By - Namita Thapar, Aman Gupta, Vineeta Singh, Anupam Mittal, Amit Jain

Founder: Aditya Agrawal, Kirti Goel, and Gaurav Garg

Pitch Summary - P-Tal is a premium brass cookware brand. In their pitch, the founders discussed the health benefits of using brass, copper, and bronze utensils to bring back traditional methods. The investors were worried about the high prices of their products. However, P-TAL explained clearly that they have already chalked out their customer profile and are targeting it effectively. They also wanted to sell their stuff overseas. The brand was confident in itself, and with the help of the pitch, it secured a deal and gained more popularity in the market.

Buy P-Tal products on Amazon.

3. Intervue

Ask - ₹ 1.5 Crores for 1% Equity

Deal - ₹ 1.5 Crores for 2% Equity

Invested By - Aman Gupta

Founder: Rahul Arora

Pitch Summary - Intervue is an online platform using AI technology that helps businesses find the right people for the job and helps people find their desired job. According to interviews, 70% of the candidates they suggest get hired. The founders showed great energy during the pitch, which impressed the investors. They negotiated well, getting a better deal for themselves. They also explained their platform's purpose clearly and handled criticism professionally. When offered a big amount by other investors, they countered with a different offer that showed they were willing to work together. Finally, they decided to accept Aman Gupta's offer.

4. Dil Foods

Ask - ₹ 50 Lakhs for 0.5% Equity

Deal - ₹ 2 Crores for 2.67% Equity

Invested By - Vineeta Singh, Peyush Bansal, Ritesh Agarwal, Radhika Gupta

Founder: Arpita Aditi

Pitch Summary - Dil Foods works like a virtual kitchen and partners with over 65 local restaurants in Bangalore and Hyderabad. Now, it focuses on creating virtual brands and managing deal meal operations to improve the food business. The founder of Dil Foods was very clear during the pitch. She faced challenges like a language barrier but still understood the food industry well and secured a good deal.

5. Adil Qadri

Ask - ₹ 1 Crore for 0.5% Equity

Deal - ₹ 1 Crore for 1% Equity + 1% royalty until ₹ 1 Crores are recouped

Invested By - Vineeta Singh

Pitch Summary - Adil Qadri started a branded attar company under his own name. During the pitch, Adil focused on a good negotiation strategy. Despite the company's financial challenges, he secured a deal with effective communication.

Buy Adil Qadri products on Amazon

Insights And Common Traits

Each pitch holds its strength, but let's understand their common traits.

1. Each founder knew their business and confidently shared their ideas with investors.

2. They also tackled potential worries from investors head-on. For example, P-Tal explained how they planned to deal with the concern about their product's high prices by aiming at different types of customers and selling internationally.

3. The founders knew their stuff when it came to their industry. Take Dil Foods, for instance. Despite facing language barriers, their founder showed a solid understanding of the food business.

4. The founders were ready for tough questions and knew how to negotiate well. They didn't just accept any offer; they countered with smart deals that worked for their companies.

5. The founders stayed flexible and resilient even when dealing with money problems or language barriers became tough. They adapted to challenges and used effective communication and negotiation to seal the deal.

Conclusion

So, what's the secret sauce for a successful pitch? It's all about clear communication, problem-solving, market knowledge, and negotiation skills. Overall, strong preparation can make you win a life worth of success.

So be confident and always believe in your ideas.

Are you eager to know more? Visit our website, Sharktankseason.com, and get amazing Shark Tank Updates!