
Today, we’ll explore three more startups that pitched their business models to the Sharks and delve into the factors contributing to their successful deals. But before we delve, let's see a few key pointers:
Chefling was the first startup to pitch itself in Episode 21. They provide a Unique Do-It-Yourself (DIY) kit that includes all the ingredients needed to make a tasty global recipe. Types of DIY Recipe Kits include: Japanese (Sushi & Mochi), Mexican (Enchilada & Taco) & Italian (Lasagna).
The second startup that featured on Shark Tank was Intense Focus which focuses on Design Focus Eyewear for Kids, Adults & Youth. Intense Focus has its own designs, manufactures them in-house as well as sources it through China & caters to the B2B market. Their product is available across 20+ States in over 3000 Retail Outlets & over 17 Distributors.
Millet Amma, the third startup that pitched itself, is a One shop stop for pure millets which are popularly known as ‘Super Foods’. Millets provides some excellent benefits like they have Anti-oxidants, Micronutrients, Minerals & Proteins. The 4 Types of Millets include Jowar, Bajra, Ragi, Kutki, Angni etc. Millet Amma is offering millets in over 50 categories segregated into Ready to Cook & Ready to Eat.
Now let’s look at the reasons behind the startups securing or failing to secure deals from the sharks:
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