Three startups that were rejected in Shark Tank India is now doing great business.

23 Mar 2023 15:16 IST

Updated On 02 Feb 2024 17:45 IST

Shark Tank India is an Indian version of Shark Tank America that came to India only recently. It has aired only two seasons, and the audiences loved both. The show's format is that you bring an idea to sharks who are actually successful businesspeople; they will listen and ask you questions, and if they like you and your business, then they offer you a deal in exchange for your company's equity.

Shark Tank India was created because India is a country of millennials, and there are many young business ideas there. But some business ideas get rejected but outshine successful businesses afterward.

Urban Monkey

Founded by Yash Gangwal in 2013, Mumbai based streetwear brand that appeared on the first season of Shark Tank India laid a proposal of one crore in exchange for 1% of the company's equity. The brand was already doing well and required a rocket boost for their company. They tried every move to grab a deal but did not get any deal from the sharks. And now, after being aired on the show, the sales have gone many times than previous sales.

Also, read Bidding War On 'Shark Tank India' Season 2 Sparked By A Drone Company Run By Kids!

Shark Tank is a great show, and in a country where the flow of young business ideas is so high, every investor wants to leave no stone unturned to miss such opportunities. In India, a show is a flat show. They are like a package of entertainment because, without the entertainment element, shows in India could not run very long. The arrival of the second season proves that this show is a hit show, and after every season, the hype increases even more, not just in the audiences but also for those who don't get or want to participate in this show.

This show not only showcases the potential of our country but also provides great informational content. But this show teaches that if your business has potential and can grow to a great level, no matter if the deal doesn't get cracked, your business will grow. Sharks reject business on many grounds, but your business can prove them wrong. Every failure is a stepping stone to success; if someone grabs the opportunity, they can show the world what they are capable of.