Badhta India – 3rd February 2023 Episode 25 S2

Shark Tank, the popular reality TV show where budding entrepreneurs pitch their business ideas to a panel of investors, has been a catalyst for many success stories in India. Season 2 of Shark Tank India, also known as "Badhta India," showcased a diverse range of entrepreneurs and their innovative business ideas. In this article, we will delve into the success stories of three remarkable businesses that appeared on Shark Tank Season 2: "Scrap Uncle," "Sharma Ji ka Aata," and "Maintane."

Scrap Uncle: Revolutionizing the Scrap Business

Mukul, the founder of "Scrap Uncle," hails from Delhi and has come up with an innovative solution for the scrap business. His personal experience of identifying the problems households face when selling scrap led him to create an online application and web portal that simplifies the process. The cumbersome tasks of searching for a scrap person, weighing the scrap, and ensuring accuracy in weighing are now streamlined through "Scrap Uncle."

Scrap Uncle has hired trained and verified agents who accurately weigh and provide the best value for the scrap. They have also implemented an automated recycling process. Operating solely in the Delhi region, Scrap Uncle has successfully managed over 22,000 pickups, totaling 14 lakhs kg's of scrap.

On Shark Tank, Aman, Namita, Vineeta, Amit, and Anupam were the sharks evaluating the business. While Namita declined the opportunity, Aman, Vineeta, Amit, and Anupam expressed interest. Offers were made, revised, and eventually, the deal was closed with Amit at 5% equity.

Sharma Ji ka Aata: The Flourishing Legacy

 

Sangeeta and her son Pranav from Pune presented their company "Sharma Ji ka Aata" on Shark Tank Season 2. Established in 2019, Sharma Ji ka Aata offers a wide range of flours developed with customer consultation and the expertise of a nutritionist.

The sharks were impressed by Sangeeta's hard work and enthusiasm, as well as the success of the business. Anupam Mittal, in particular, believed that the company was already profitable and didn't require external investment. He encouraged Sangeeta to continue running the business independently.

Although Namita and Aman decided to pass on the opportunity, Amit and Vineeta expressed interest. Amit proposed a strategic pivot for the business, while Vineeta made a similar offer. Ultimately, Amit joined Vineeta, and the deal was finalized at 40 Lakhs for 20% equity.

Maintane: Revolutionizing Hair Care for Curly Hair

Hinshra from Kerala and Yuba from Mumbai introduced their hair care product, "Maintane," on Shark Tank Season 2. They identified a need for hair care products specifically designed for curly hair and developed a line of sulfate-free, silicone-free, and paraben-free products.

Although the founders showcased a significant user base of approximately 22,000 customers, the sharks had concerns. Vineet pointed out that the products were too expensive, and Amit expressed doubts about the product branding and the founder's commitment to the business. Despite these concerns, Aman made a conditional offer, which the founders accepted, resulting in a deal for 75 Lakhs at 10% equity share.

 Know about the new guest shark in Shark Tank Season 2

Conclusion

Shark Tank Season 2, or Badhta India, brought forth inspiring success stories from entrepreneurs across India. Scrap Uncle revolutionized the scrap business with its online platform, while Sharma Ji ka Aata flourished by offering a variety of high-quality flours. Maintane addressed the unique needs of curly-haired individuals with its range of hair care products.

Through the platform provided by Shark Tank, these entrepreneurs were able to secure investments and guidance from experienced investors, setting them on a path towards success. The stories of Scrap Uncle, Sharma Ji ka Aata, and Maintane serve as a testament to the ingenuity and determination of Indian entrepreneurs.