The release date of Shark Tank India Season 2 Episode 40 is out! The business show, Shark Tank India Season 2, has gained immense popularity among the Indian audience. The show not only captivates businessmen, but also the youth, who are eager to start a business of their own. It has a viewership across all age groups. The unique ways of pitching interest as well as entertaining the audience, which is also one of the major reasons for the popularity of the show.
Now, without any delays, let’s take a quick recap of the previous episode, episode 39, before the latest one premieres. Keep reading to find out the release date and the streaming guide of the latest episode.
Shark Tank India Season 2 Episode 39 opens with the pitch of Manu Sharma and Parul Sharma’s “Gladful.” “Gladful” is India’s first family-friendly protein brand. The brand makes protein cookies, protein breakfast mixes dessert bites and more. Every serve of the product has 4-6 grams of proteins in it. All the products are launched after being approved by a community of 350 mothers. The brand has sold 60,000 units in just nine months after its launch of the brand. The products are available across their own website and many marketplaces.
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Shark Tank India Season 2 Episode 39 Recap
The lifetime sale of “Gladful” is around Rs. 1 Crore in nine months. The sale of the products takes place 90% online and 10% offline. Out of that 90%, the sales come from 20% of their own website, 45% from Amazon, and 25% from other marketplaces.
“Gladhul” asks for Rs. 50 lakhs for 2% equity. Aman and Namita make an offer of Rs 50 lakhs for 10% equity. On the other hand, Anupam makes an offer of Rs 50 lakhs for 3.84% equity. Amit makes an offer of Rs. 50 lakhs for 3.5% equity. Listening to all the other offers from the Sharks, Namita and Aman revises their offer to Rs. 50 lakhs for 4% equity. At the very next moment, Anupam declares that he is out of the deal as they got two offers with the right valuation.
As a counteroffer, Parul and Manu suggest Namita and Amit come together with Amit’s offer, which will make the deal Rs. 50 lakhs for 3.5 % equity. After a discussion, the three Sharks agree to the deal.
The next pitch is done by Arjun Raghunandan, Achintya Dayal, and Deepesh Rajpal’s “Pharmallama.” With the help of their propriety technology, prescriptions are understood and medicines are packed in sachets. Every sachet has the information of the prescription on it. “Pharmallama” launched in April 2022, already has 5000+ customers.
“Pharmallama,” asks for Rs. 1 Crore for 1.5% equity. After discussing the numbers, Anupam makes an offer of Rs. 45 Crore valuation. But later, after discussing among the Sharks, the five Sharks offer Rs. 2 Crores for 5% equity. “Pharmallama” gives a counter offer of Rs. 2 Crore for 4% equity. But the Sharks stick to their offers. “Pharmallama” accepts the deal and the collaboration is confirmed.
The next pitch is done by Subhabrata Ganguly and Soupaul Dey’s “Crave Raja Foods.” This is a Kolkata-based company, which is a cloud kitchen. It provides Kolkata’s customers with 4 different brands – SOS (Sandwiches, Omelettes, and Snacks), Burrito Raja, Gusto Pizza, and The Fry Raja. “Crave Raja Foods” has one central kitchen which serves three cloud kitchens in a Hub and Spoke Model. The brand aims to use one ingredient to make different foods, to avoid wastage of food.
“Crave Raja Foods” ask for Rs. 65 lakhs for 3% equity. Then they serve them food to taste, all the Sharks are impressed with the tasty food. Talking about numbers, “Crave Raja Food” has a lifetime sale of Rs. 4.1 Crores. The foods have over 10,000 reviews with a 4-star rating on Zomato. After a detailed discussion, all the Sharks opt out because the co-founders of the company are not in for the business on a full-time basis.
The next pitch is done by Amit Hotchandani’s “VA Perfume.” The brand makes night agarbatti which come in different fragrances to create a romantic environment – Romance, Classic Love, Extreme Fun, and others. Other than night agarbattis, the brand also produces devotional agarbattis, which are sold in malls, medical stores, and cosmetic stores. There is a total investment of Rs 65-75 lakhs. Talking about lifetime sales, it is Rs. 70 lakhs in 7 months.
“VA Perfume,” asks for Rs. 1 Crore for 10% equity. All the Sharks opt out of the offer as none of them have any expertise in incense sticks, and they cannot connect to the products.
Shark Tank India Season 2 Episode 40 Release Date
Shark Tank India Season 2 Episode 40 will be released on February 24, 2023, at 10:00 pm (IST). New episodes of Shark Tank India season 2 are released every day from Monday to Friday.
Shark Tank India Season 2 Episode 40 Streaming Guide
Shark Tank India Season 2 Episode 40 will premiere on the Indian channel, Sony Entertainment Television. You can also stream all the episodes on SonyLIV App.