Shark Tank India Trends: Season 1 startups' valuation soars 6x with external investors; Aman Gupta 'most active' shark

economictimes.indiatimes.com:

Shark Tank catapulted businesses forward in valuation with most startups (that appeared on the show) securing deals six times greater in value from outside investors within a span of 1.5 years, highlighted a report by Redseer on Wednesday. Following up on companies that either secured a deal or were rejected on Shark Tank season 1, the Redseer strategy consultants found that 27 startups successfully secured funds from external investors regardless of whether they scored a deal, dropped out, or got rejected on the show.

In all, most startups that appeared on the show fared well afterward, securing better deals and increasing valuations. «Most startups that appeared on the show secured deals 6 times greater in value from outside investors within a span of 1.5 years.

Their current valuation is also 2.5x greater than what they were valued on Shark Tank season 1” said Kanishka Mohan, partner at Redseer.Focus on consumer-centric ideasDissecting the businesses that appeared on Shark Tank, 90 per cent of the pitched ideas were centered on consumer-facing concepts, while the rest were B2B. Commenting on the high rate of conversion on the B2B deals on the show, Mohan stated, „Out of the 19 deals, 10 came from the healthcare and manufacturing sectors.

Majority of B2B deals were made by Namita & Peyush, having expertise in healthcare & manufacturing sectors respectively.“Most preferred shark, category On the investor’s side, the sharks negotiated hard and got much better deals with equity significantly higher than what was pitched on the show on every deal. Indian wearable brand BoAT's Aman Gupta was the most active shark securing 70 deals with a total investment of Rs 246 million, as per the report.