Shark Tank India has seen tremendous popularity since its inception. Many entrepreneurs and company founders come with pitches to impress the judges and close a deal.
However, not every deal was successful. Here are the top 5 rejected Start-Ups that became massive hits afterwards.
Agro-tourism: Agro-tourism startup was founded by Pandurang Taware, a farmer from Maharashtra who appeared in Shark Tank India with a deal of Rs 50 lakh investment with 5% equity. However, his project was rejected. Judge Namita Thapar later invested in the business regretting her initial decision.
Moonshine Meadery: Rohan Rehani and Nitin Vishwas started Asia’s first meadery, the Moonshine Meadery in 2018. They appeared on Shark Tank India with a deal of Rs 80 lakh investment in exchange for a 0.5% stake. But the deal was rejected by the Sharks.
Theka Coffee: Founder Bhupinder Madan appeared on an episode of Shark Tank India with a deal of Rs 50 Lakh against a 10% stake. However, he failed to secure the deal but later bloomed his business to more than 45 cities across India with 800 Theka Coffee outlets and a Rs 120 crore company valuation.
Zypp Electric: An Electronic vehicle-based service platform in India whose founders appeared in Shark Tank India with a deal of Rs 2.2 crore investment against 1% equity. Although it was rejected the business has seen tremendous progress over the few past years.
Urban Monkey: A streetwear band in India created by Yash Gangwal, has appeared in Shark Tank India with a deal of Rs 1 crore for a 1% equity stake. Despite the brand’s popularity, the deal was rejected.