08 March 2024
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:
Polish Me Pretty, the first startup that appeared in Episode 27, offers 200 Customisable Options of Nail Colours. Its Features include Reusable up to 5 times, Handmade, Hand Polished, and Handcrafted. Polish Me Pretty has made its products available to users through its Own Website, Blinkit, Amazon & Flipkart.
The second startup featured on Shark Tank Episode 26 was GridMats- By Potholeraja. GridMats offers a Sustainable product for permanent and temporary roads, walkways, parking, and events. GridMats are Sustainable & Maintenance Free. Their use has recorded a cost reduction of 25%. GridMats design is inspired by Honeycomb design.
The third startup that offered its products at Shark Tank was Uncle Peter's Pancakes which is an Authentic Pancakes Cloud Kitchen & Restaurant Chain. It offers over 15 varieties of Pancakes. They have added additional options to continue with a healthy diet trend by offering Healthy, Gluten-free & Vegan Pancakes. Their Pancakes are 100% Eggless. Uncle Peter’s has so far opened 40 Outlets across 15 cities.
Now let’s look at the reasons behind the startups securing or failing to secure deals from the sharks: