The highly awaited third season of Shark Tank India Season 3 has made its debut, enthralling viewers with a blend of emotional moments and innovative business pitches. With six new ‘sharks’ joining the panel, the latest episode showcased a heartfelt exchange as all the judges received touching letters from their loved ones, setting the stage for a rollercoaster of emotions.
In a standout pitch, Daak Room took center stage, offering a unique proposition aimed at promoting the art of physical writing through engaging campaigns and products. The founders of Daak Room presented their vision passionately, seeking Rs 36 lakh for a 4% stake in their business.
The pitch took an unexpected turn when it was revealed that the founders had garnered support from various celebrities, including a commendation from Prime Minister Narendra Modi himself. The acknowledgment of their efforts in nation-building and inspiring the younger generation added a new layer of significance to their venture.
While the majority of sharks were moved by the pitch’s uniqueness, Aman Gupta and Peyush Bansal expressed reservations. Gupta, citing a lack of personal passion for writing, opted out, while Bansal questioned the clarity of the service and revenue model. Bansal proposed a transformation of Daak Room into a stationary brand, a suggestion echoed by Vineeta Singh.
Shark Tank India Season 3 – Daak Room in Spotlight
Ultimately, the founders found common ground with Ritesh Agarwal, striking a deal for Rs 36 lakh in exchange for a 6% stake, with the potential for a reduction to 5% based on projected revenue targets.
This season of Shark Tank India Season 3 introduces a diverse panel of judges, including Deepinder Goyal, Azhar Iqubal, Ritesh Agarwal, Radhika Gupta, Varun Dua, and Ronnie Screwvala, alongside returning judges Anupam Mittal, Namita Thapar, Peyush Bansal, Aman Gupta, and Vineeta Singh. With a wealth of experience and expertise, these sharks promise to offer invaluable insights to aspiring entrepreneurs.
As the Shark Tank Indian Season 3 progresses, audiences can expect more gripping pitches, emotional moments, and impactful deals, reaffirming Shark Tank India’s status as a premier platform for entrepreneurial innovation and investment.