09 February 2024
โwe explore three startups that pitched their business models to the Sharks and delve into the factors contributing to their successful deals. But before we delve into their stories, let's consider a few key pointers:
โโข ๐ฃ๐ถ๐๐๐ฎ ๐๐ฎ๐นรฉ๐ฟ๐ถ๐ฎ was the first startup that presented itself in Episode 9. Arriving from the small village of Gohana in Haryana, famous for its Jalebis, they aim to make Pizza Galeria a household name across multiple states, giving competition to Global brands like Dominoโs. In its pursuit to give tough competition, it has so far relied on a dual strategy of opening company-owned and franchise-owned retail outlets.
โโข The second startup that was pitched on Shark Tank was ๐๐ถ ๐ฐ๐ฎ๐ฟ๐ which envisions itself as India's first hydrogen-based EV manufacturing startup. The company uses AI algorithms to enable it to undertake Autonomous driving.
โโข The third startup that presented itself was the ๐ฅ๐ผ๐ผ๐ณ๐๐ผ๐ฝ App which aims to preserve & promote over 200 forms of traditional Indian arts through online & pre-recorded videos as well as Workshops.
โNow letโs look at the reasons behind the startups securing or failing to secure deals from the sharks:โ