The release date of Shark Tank India Season 2 Episodes 33 is out!
Audiences are hooked to the entrepreneurial show. Whether old or young people, the show is watched by all age groups. The show has successfully been able to keep the audience glued to their screens because of the exciting and thrilling deals that are made in the show.
If you have missed the previous episode or have not started watching the show yet, then here, we will provide you with a recap of the previous episode along with the release date and streaming guide of the latest one.
The previous episode of Shark Tank India Season 2 starts with Prem Kale’s “Tipayi.” Tipayi is a cycle for toddlers which was made by Prem Kale when he was only 17 years old. Tipayi is a wooden bike that intentionally does not have a paddle and brake on it. It addresses many challenges.
The toddlers learn balancing from day one, and they outgrow the cycle quickly. But the specialty of the Tipayi is that kids of age group between 1 year to 5 years can use this cycle in 3 stages. It is a patented design made in India.
The cycle is all-weather resistant and is made of sustainable wood and premium kid-safe material. This can develop a kid’s muscle skills. Currently, Tipayi delivers across India and has also started exporting to the US with the sale of 700 Tipayis. Therefore, Prem pitches a deal of Rs 50 lakhs for 10% equity.
Shark Tank India Season 2 Episode 31 Recap
The business, Tipayi, started in 2019, and its sales started increasing during the pandemic. Their first-year sales were 50,000 (2019-2020); from 2020 – 2021, the sales increased to Rs. 3 Lakhs, and from 2021-2022 the sales increased further to Rs. 21 Lakhs, resulting in a 600% growth rate. Their major business comes from B2B, so the sales have decreased recently. The price of each bike starts from Rs. 5000. Tipayi requires a new streamlined market and networking.
Peyush suggests a tie-up with Ariro, a company in which Peyush and Aman invested in season 1 of Shark Tank India. Peyush offers a deal where he offers Rs. 5 lakhs in equity for 10%. Prem counters with Rs. 50 Lakhs for 15% equity. The Sharks think it to be a high valuation which is not worth it. Ultimately, Prem Kale withdraws his offer and does not make a deal.
The next pitch is done by Ankanksh Tandon and Soumen Banerjee’s “DigiQure E- Clinic.” DigiQure E-clinic is a healthcare based on telemedicine technology. They have small centers where the caregivers connect the rural people to the doctors in the city digitally. They make online prescriptions, medicine, and lab tests available in the centers themselves. They also provide a subscription to the patient called “Saksham Card,” which is worth Rs. 1 per day. With this card, the patients come to the clinic and receive free consultations.
Currently, they have 7 E-Clinics, 2 Mobile Clinics, 50 doctors, and more than 4000 successful checkups. The company aims to offer affordable and reliable healthcare to reach at least 100 crore rural population so that no deaths happen due to lack of preventive health conditions. They have 1800 subscriptions and Rs. 60 lakhs total investment. They have generated a revenue of Rs. 12.2 lakhs between January 2022 – September 2022. The main challenge for the company is a lack of awareness and creating trust.
DigiQure E- Clinic asks for Rs. 40 lakhs for 4% equity. As a counter, Namita and Vineeta offer Rs. 40 Lakhs for 20% equity; Peyush offers Rs. 1 crore for 25% equity. Namita and Vineeta made a revised offer of Rs. 40 Lakhs for 15% equity.
On the other hand, Anupam shows his interest in joining them on three conditions: IT services companies have to be merged; no new e-clinics till product – market fit is established; DigiQure will be rebranded as “Geeta.” He offers Rs. 1 Crore for 10% equity.
After a discussion, Ankansh makes a counteroffer for Namita – Rs. 40 Lakhs for 10% equity. Namita agrees to the offer, and the deal gets finalized.
The third pitch is made by Rajeev Bansal, Bharat Bansal, and Surbhi Bansal’s “Nirmalaya.” The product range of Nirmalaya includes Incense sticks, dhoop, cones, havan cups, essential oils, and attars, which are organically made and are CSIR certified. The flowers from the temples are recycled to make their products. 50% of business is online. They have a valuation of Rs. 28 crores post-money.
“Nirmalaya” asks for Rs. 40 Crore for 1.5% equity. All the Sharks opt out of the deal as some of them think that the company does not require money, and some believe that it is not worth it to invest in a company that is only 1.5 years old.
Shark Tank India Season 2 Episode 33 Preview
In the upcoming episode, four companies will come in with their products to make their pitches – a bag and clothing company “pabiben.com”; an air purifier “Ubreathe”; a verified travel platform “Deyor” for assistance in booking travels; a wardrobe organizer “Homestrap.”
Shark Tank India Season 2 Episode 33 Release Date
Shark Tank India Season 2 Episodes 33 will be released on February 15, 2023, at 10:00 p.m. (IST). New episodes are released every Monday to Friday.
Shark Tank India Season 2 Episode 33 Streaming Guide
You can watch Shark Tank India Season 2 Episode 33 on the channel Sony Entertainment Television. You can also stream all the episodes on SonyLIV App.