New Delhi: Reality TV show Shark Tank India provided a platform to tens of startups to showcase their unique products and services. Several companies that were successful in raising money from sharks aka investors on the show are now making it big in real life. The story of one such company and its team member was recently shared by Ashneer Grover, Shark Tank investor and former CEO of BharatPe.
Taking it to photo-sharing platform Instagram, Grover shared a picture of himself with Skippy Pop founder Ravi Kabra, who managed to raise Rs 1 crore for 15% equity in his startup.
Let us tell you that Kabra’s pitch on the sets of Shark Tank India won the hearts of all the investors. All the sharks in the show – Grover, Anupam Mittal, founder and CEO of Shaadi.com, Aman Gupta of Boat, Vinita Singh, head of Sugar Cosmetics and Namita Thapar, executive director of Emcure Pharmaceuticals – had invested in Skippy Pop.
Ravi along with his wife Anuja Kabra pitched on Shark Tank India. The couple had asked for Rs 45 lakh for a 5% stake in their company. However, the deal was eventually settled for 15% equity at Rs 1 crore.
In the caption of a recent picture shared by Ashneer on Instagram, the former head of BharatPe revealed that Skippy Pop has grown 40 times since the startup rose to fame with the reality show.
Ashneer’s post has been receiving positive comments from his followers and followers of Shark Tank India. “Take entrepreneurship to the next level,” one Instagram user replied to Ashir’s post. Another user said, ‘Great product adds up to a lot. Read also: RBI may hike repo rate by another 1% in FY23: Report
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