Shark Tank India 2 Episode 3: Vineeta Singh Reveals How She Had 0 Revenue And More

Shark Tank India 2
Episode 3

The third episode of Shark Tank was a special one as the viewers got insights into the personal entrepreneurial life of Sugar CEO Shark Vineeta Singh. The episode had three start-ups pitching their businesses to the sharks

Shark Tank India:
Vineeta Singh Talks
About Her Journey

During the episode, Vineeta Singh, founder of cosmetic brand Sugar, talked about her struggles in starting her own company. She talked about how she had zero revenue in the beginning 

Vineeta Singh On
Her Struggles

Vineeta Singh further talked about how Sugar employees took zero salary for months, just to help her build her business

Shark Tank India 2
Ep 3: Hindi Speaking
Foreigners’ Pitch

The first pitch on episode 3 was by two American women, who while rooting for gut health pitched what they claimed was India’s first kombucha brand, Atmosphere Kombucha

Atmosphere Kombucha

Even though the founders of Atmosphere Kombucha impressed the sharks a lot with their fluent Hindi, they weren’t able to bag their desirable offer
Ask: Rs 75 lakh for 3% Equity

Stage App on Shark
Tank India

Stage “Kyuki Bol Mein Apnapan Hai” was an OTT entertainment app focusing on content made in regional dialects of Haryanvi and Rajasthani. The founders shared their story of how their earlier brand lost everything and they picked up only later on

Stage: The Pitch That
Got Sharks Emotional

The success story and entrepreneurial journey of Stage got sharks emotional. Vineeta even said that they are the most inspiring entrepreneurs she has ever met

Stage Bags The Deal

Ask: Rs 3 crore for 1% Equity
Deal: Rs 1.5 crore for 0.6% Equity and Rs 1.5 crore debt @ 18% interest
Sharks: Aman Gupta, Namita Thapar and Peyush Bansal 

Shark Tank India 2
Episode 3: Final Pitch

The last pitch on the third episode of Shark Tank India was by Girgit, India’s first colour changing products store for both kids and adults

Girgit On Shark Tank India

Ask: Rs 20 lakh for 10% Equity
Deal: Rs 20 lakh for 20% Equity
Shark: Namita Thapar 

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