Nayi Soch Naye Vichar - 7th February 2023 Episode 27 S2

The popular television show Shark Tank never fails to amaze viewers with its lineup of innovative ideas and ambitious entrepreneurs. In recent episodes of Nayi Soch Naye Vichar, we witnessed some truly remarkable pitches that left the sharks intrigued. From healthy snacks to art and craft products, and from sustainable furniture to pro-gaming events, these entrepreneurs showcased their unique ideas and aspirations. In this article, we will recap the highlights of these episodes and delve into the details of each business, exploring their strengths, challenges, and the outcomes of their pitches.

Green Snack Co.

Jasmine and Chetan, entrepreneurs hailing from Punjab, presented their healthy snacks to the sharks in a captivating episode. Their venture, Green Snack Co., aimed to provide nutritious and flavorful snacks that satisfy cravings while maintaining a focus on health.

The Pitch
Jasmine and Chetan emphasized the nutritional benefits of their products, highlighting that their snacks are prepared with minimal oil and spices, contain no MSG, and are packed with protein and fiber. They claimed to have 50% more protein and fiber than other snacks in the market.

The Sharks' Concerns
However, upon tasting the snacks and examining the nutritional values on the packaging, the sharks found discrepancies between the claims made by the founders and the actual product. Namita raised concerns about the high sodium content in the snacks, while Anupam questioned the validity of the nutritional claims. Aman, on the other hand, expressed hesitancy due to unclear financial metrics.

The Deal
Unfortunately, due to the loss of trust and concerns raised by the sharks, the founders faced challenges in securing a deal. Anupam and Namita declined to invest, citing the questionable health claims associated with the products. Amit, on the other hand, felt that there was a lack of digital marketing efforts to promote the snacks. Vineeta, having seen potential in the founders' past performance, offered them 1 crore for 8% equity, which they accepted.

Do the Recap of Making Big Business - 31st January 2023 Episode 22 S2

Hobby India

Vaibhav, Shruti, and Khyati, three entrepreneurs from Surat, showcased their Art Brand on Shark Tank. Their brand, Hobby India, specialized in art, craft, and DIY products, aiming to become the go-to destination for all DIY needs in India.

The Pitch
Hobby India boasted over five thousand unique items with over fifteen thousand variations, targeting a customer base of over twelve thousand. They had successfully optimized their website's SEO, ranking highly for keywords related to their products.

The Sharks' Feedback
The sharks were thoroughly impressed with the founders' clear and transparent communication during their pitch. Vaibhav's straightforward and honest responses caught their attention, and they commended him for his ability to break down the unit economics.

The Deal
While the sharks were impressed with the founders and their business, they felt that the scalability of Hobby India was not promising. As a result, everyone except Vineeta opted out of the deal. Vineeta and Amit made a joint offer, but the founders respectfully declined, countering with their own offer. Ultimately, no deal was made.

Checkout the glimpse of Badhta India – 3rd February 2023 Episode 25 S2

Flhexible

Shilpi and Abhimanyu, from Jaipur, Rajasthan, presented an innovative idea for sustainable and eco-friendly furniture and modular wall partitions. Their brand, Flhexible, aimed to provide compact, durable, and environmentally friendly furniture solutions.

The Pitch
Flhexible's furniture pieces were made of recycled paper with a honeycomb structure, adding strength to the products. The founders highlighted the durability of their furniture, claiming that it could last up to 10-12 years.

The Sharks' Concerns
Anupam expressed skepticism about the materials used, stating that they were not pet or dust-friendly and could be easily damaged. Aman shared the same opinion, feeling that the brand was gimmicky and conflicted with their existing wall partition business.

The Deal
Due to the concerns raised by the sharks, the deal for Flhexible did not go through.

Upthrust Esports

Kartik, from Jhansi, and Vaibhav, from Uttar Pradesh, presented an innovative idea in the world of pro-gaming. Their company, Upthrust Esports, organized virtual-based gaming events, aiming to create a business and career perspective within the gaming industry.

The Pitch
Upthrust Esports had successfully organized more than 30 gaming events, attracting a significant following on their YouTube channel. They had garnered over 3.5 lakh subscribers and offered a pool prize of 1 crore for their events.

The Sharks' Feedback
While the pitch and idea were impressive, the sharks believed that the business concept was still in the experimental stage and had limited scalability.

The Deal
Unfortunately, Upthrust Esports did not secure a deal, as the sharks were hesitant about the business's potential for growth.

Checkout Bharat Badal Raha Hai - 6th February 2023 Episode 25 S2

Conclusion

The episodes of Nayi Soch Naye Vichar featured a diverse range of innovative ideas and passionate entrepreneurs. From healthy snacks to art and craft products, sustainable furniture, and pro-gaming events, these entrepreneurs showcased their creativity and determination. While some ventures secured deals, others faced challenges in convincing the sharks. Regardless of the outcomes, these episodes demonstrated the power of innovative thinking and the courage to pursue unique business ideas.