Shark Tank India Season 3 continues to captivate viewers with its entrepreneurial fervor and investment drama. In Episode 4, a new shark joins the seasoned panel, adding an intriguing dynamic to the show. Let’s dive into the pitches and deals that unfolded in this latest installment.
Introduction
Shark Tank India Season 3 Episode 4 welcomed a fresh face to the esteemed panel of investors. The Hindi-language business reality TV series, broadcast on Sony Entertainment Television, features budding entrepreneurs presenting their business pitches to the discerning ‘sharks.’ This episode introduces TURMS, Mintree Cosmetics, and 80 WASH as the spotlight ventures seeking investments.
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The Sharks and the New Entrant
The seasoned panel of judges, including industry stalwarts like Deepinder Goyal of Zomato, Ritesh Agarwal of OYO Rooms, and Aman Gupta of boAt, welcomes a new addition to the tank. The episode introduces a diverse range of pitches, from intelligent apparel to skincare and innovative laundry solutions.
TURMS: Transformative Growth Without the Tears
| Company Name | TURMS |
| Founders | Surender S Rajpurohit |
| Headquarters | Bangalore, India |
| Founded Year | 2016 |
| Business | Fashion Brand |
| Profitability | Growing |
| Shark Tank Episode | Season 3 |
| Asked For | Rs 1.2 Crores for 2% equity |
| Deal | Rs 1.2 Crores for 4% equity |
| Sharks Invested | Azhar Iqubal |
| Valuation Given | 30 Crores |
| Website | TURMS↗ |
The first pitch comes from TURMS, an ‘intelligent’ apparel brand that focuses on selling the benefits of its products rather than just the features. Despite lacking a tear-jerking backstory, TURMS impresses with its transformative growth pitch, leaving the sharks intrigued.
Also check: Shark Tank India Season 3 Episode 2 Review: A Shift Towards Substance and Success
Mintree Cosmetics: Beauty for a Better World
| Name | Mintree |
|---|---|
| Founders | Kanikka Dewanii |
| Headquarters | Wilmington, United States |
| Founded Year | 2013 |
| Business | Beauty Brand |
| Profitability | Growing |
| Shark Tank Episode | Season 3 |
| Asked For | Rs 90 Lakhs for 1% equity |
| Deal | Rs 90 Lakhs for 1% equity |
| Sharks Invested | Azhar Iqubal & Piyush Bansal |
| Valuation Given | 90 Crores |
| Website | Mintree |
Next on stage is Mintree Cosmetics, offering a range of skin and body care products. Kannika, the entrepreneur behind the brand, showcases products made from mineral and tree extracts, aligning with the brand’s mantra, ‘Beauty for a Better World.’ The competitive deal offered by multiple sharks reflects the brand’s appeal, and Kannika strategically seals the best one.
80 WASH: A Fishy Situation Unravels
The episode takes an unexpected turn with the presentation of 80 WASH, promising to revolutionize laundry with minimal water usage. However, as the pitch progresses, a fishy smell emerges, leaving the sharks questioning the integrity of the business. The unfolding drama keeps viewers on the edge of their seats, questioning whether it’s the pitch or the technology causing the skepticism.
Educational Insights and Missing Drama
Aside from the pitches, the episode imparts educational moments, touching on topics from Preference Shares to ISP technology. Despite a respectable count of pitches and successful deals, Episode 4 seems to lack the customary drama and tension that define Shark Tank. The subdued intensity leaves viewers yearning for the adrenaline-pumping excitement and unpredictability that characterize the show.
Final Verdict
In a nuanced evaluation, Shark Tank India Season 3 Episode 4 falls into the category of a moderately engaging installment. While boasting commendable business propositions and successful outcomes, it struggles to ignite the usual spark of anticipation and edge, deviating slightly from the high expectations set by its predecessors.
