Finale Of Shark Tank Sees Nish Hair And SUGAR Pitch On The Tank - Start-Up Hyderabad
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Finale Of Shark Tank Sees Nish Hair And SUGAR Pitch On The Tank

 1 year ago    

Nish Hair seals a dream deal with Shark Amit and SUGAR Cosmetics bags an ALL 5 Shark Deal on a 100 crore valuation for Rs. 5 crores for 5% equity!

Micro-mobility solution from MyByk Best Che!

Are you tired of dealing with the hassle of traditional bike ownership? Is traveling in traffic troublesome? MyByk founded by Arjit Soni is here to provide a convenient and affordable alternative. As India’s first and largest bicycle-sharing network, MyByk offers an easy way to get around town without worrying about maintenance, storage, or theft. With just a few clicks on the MyByk app, you can rent a bike for as little as Rs. 1 per minute and pedal your way to your destination. Whether commuting to work, running errands, or just enjoying a leisurely ride, MyByk makes it easy to enjoy the benefits of cycling without any headaches.

Founder of MyByk
Credit: Founder of MyByk

Aiming to lower the time spent in transit and create a sustainable micro-mobility solution, MyByk’s BykSwap allows you to swap bikes from multiple metro or bus stations lowering the time spent in traffic to commute to work! Pitching on Shark Tank, MyByk seeks an investment of Rs. 2 crores for 1% equity @ a 200cr valuation. However, they did not receive any deals from the Sharks.

Nish Hair‘s Luxurious & Affordable Extensions Intrigue Sharks!

Thinning hair is a widespread problem. However, there are no affordable and natural products available in the market that solve this solution. What began as a solution for her own hair problems, Parul Gulati came up with Nish Hair. This is your go-to destination for luxurious hair extensions and accessories! At Nish Hair, they believe that every woman deserves to feel confident and beautiful. This is why they have a wide range of high-quality hair extensions, wigs, and hairpieces that blend seamlessly with your natural hair. Moreover, Nish Hair products are made from 100% virgin human hair, ensuring that you get the most natural and realistic look possible.

Dream Deal With Amit Jain
Actress Parul Gulati bags a dream deal from Shark Amit Jain

From clip-in extensions to tape-ins, they offer a variety of options to suit your style and budget. Moreover, with Nish Hair, the founder commits to providing customers with exceptional quality and service and helping them achieve their dream hair. Helping you fall in love with your hair all over again with Nish Hair; Parul seeks an investment of ₹1 cr for 2% Equity @ a 50cr valuation. Starting up a minor tiff between the sharks Aman, Vineeta, and Amit, Nish Hair gets 2 deals! Sharks Aman & Vineeta offer Rs. 1cr for 3% equity. Whereas, Shark Amit offers her a dream deal with Rs. 1cr for 2% equity. Opting for Shark Amit’s offer, Nish Hair bags a deal at a 50 crore valuation!

SUGAR Cosmetics‘ And The Final ShowStopping Deal Of The Season!

Sugar Cosmetics closes Shark Tank India S2
SUGAR bags a 5-Shark Deal @ a 100cr valuation!

Vineeta and her husband cum co-founder, Kaushik Singh approach the tank for an investment in their company, SUGAR, as a new startup! In this mock pitch, the founders bring their absolute A-game to the tank and showcase why and how their company deserves funding. Showcasing the other pitchers how ideally to pitch to the tank and get their dream deal or the right valuation with the right terms, Vineeta and Kaushik demonstrate this excellently. Seeking an investment of Rs. 1 crore for 2% equity, Vineeta & Kaushik pitch their beauty business for Indian skin tones. The Sharks have a playful conversation and discussion about the issues faced by Sugar in the starting years. The Sharks offer a deal; with Aman, Anupam, Amit, Peyush, and Namita onboard for ₹5 cr for 5% Equity @ a 100cr valuation in jest! However, the last known valuation of Sugar is $500M. This camaraderie between the Sharks and the founders is an essential part of building a healthy and competitive startup culture.

Previously On the Tank: Pharmallama Bags An All-5-Shark Deal

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Rituka M

I am an avid reader and have a passion for writing. Being a law student coming from a commerce background, I have a flair for learning about the dynamic legal and business fraternity, as well as becoming an entrepreneur myself. Innovation, creativity, and hard work are the sole drivers to growth and is my mantra for life.

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