New Delhi: As the new season of Shark Tank India premiered on Monday, viewers are asking what happened to the winners of Season 1. In the current wave of entrepreneurship that India is going through, most working professionals are looking to start their own businesses. Shark Tank Season 1 saw 67 business models getting ‘Shark Approved’.
Here are 3 of those success stories:
Hammer
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Innovative thinking and smart business skills are the core values that made Hammer Lifestyle a success. Hammer Lifestyle, a smart gadget brand had monthly sales of Rs. 70 lakhs before coming to the show. They now report a whopping monthly sale of Rs. 2 Cr making it the most successful business to come out of Shark Tank India. Expanding its product mix from 14 SKUs to 21 SKUs, the brand now receives more than 400k visitors on its website.
Get A Whey
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A mother-son duo that impressed sharks on season 1 has seen immense success after receiving a Rs. 1 Cr investment for 15 percent equity. Jimmy and Jash Shah converted monthly sales of Rs. 20 lakhs per month before the show to now between Rs. 80 lakhs to Rs. 1 Cr. Get-A-Whey, a health-driven ice cream brand targetted millennials with their high protein, sugar and fat-free ice cream. Now with a three-city distribution network, they have expanded their business to 19 cities.
Skippi Ice Pops
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The first business to get an all-sharks deal, Skippi Ice Pops got a deal for Rs. 1 Cr for 15 percent equity in the first season of Shark Tank India. The company registered sales of Rs 4-5 lakhs a month and only had regional distribution. The investment from Shark Tank helped them achieve exponential growth. Their monthly sales are now more than 70 lakhs with from 150 visitors per day to 8,000 visitors on their website footprint. With international exports now to Uganda, Nepal, Kuwait, Hong Kong, and Dubai, Skippi Ice Pops is definitely a Shark Tank success story worth talking about.
In the current temperament towards business in India, shows like Shark Tank India provide a source of inspiration and support!
