7 Indian Startups Thriving Despite Shark Tank's Rejection
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Flatheads
Flatheads, a startup making eco-friendly sneakers, asked for Rs 75 lakh for 3% ownership. However since the founder lacked marketing expertise, no sharks agreed to invest.
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Theka Coffee
Theka Coffee offers 12 flavors of cold coffee in beer bottles. The founder asked for INR 50 lakhs for a 10% share, but investors declined. However, the brand later raised 2.5 Cr.
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Zypp
Zypp Electric, a company using technology for electric vehicles, asked for Rs 2.2 Crore for 1% ownership but was declined by investors. Despite this, it has grown recently.
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Moonshine Meadery
Asia's first meadery founders requested INR 80 lakhs for a small stake, but the sharks declined the deal.
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Agri Tourism
The founder asked for INR 50 lakhs for 5% ownership but was declined. Later, Namita Thapar regretted not investing earlier and did so after 2 months.
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Urban Monkey
A streetwear clothing company asked for INR 1 Cr for a 1% stake, but even with the brand's popularity and celebrity endorsements, the shark said no.
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Keto India
Keto India, promoting healthy eating, asked for Rs 1.5 crore for 1.25% ownership. Four sharks were interested but the founder disagreed on valuation.