Shark Tank India Finale: Maisha, Forever Modest, and Sahayatha Score Big Deals
Maisha: Handcrafted Elegance Meets Investment
Maisha, renowned for its handcrafted, eco-friendly handbags, impressed the Sharks with its commitment to sustainability and artisanal craftsmanship. Founded by a husband-daughter-father trio, Maisha sought ₹75 lakhs for 3% equity. Shark Amit Jain offered ₹10 lakhs for 1% equity and ₹65 lakhs in debt at 18% interest, a deal the founders enthusiastically accepted, setting the stage for growth in the sustainable fashion space.
Wicked Gud: Revolutionizing Pasta and Noodles
Tired of unhealthy, bland pasta and noodles? Wicked Gud, founded by Monish, Soumalya, and Bhuman, offers a healthier alternative made from wheat, oats, and ragi. Despite pitching for ₹50 lakhs for 1% equity, the founders didn’t secure an offer from the Sharks. Shark Aman Gupta, already an investor, opted out, leaving the team to continue their mission of providing nutritious comfort food.
Forever Modest: Redefining Modest Fashion
Forever Modest, launched by Sana Farheen, brings chic and modest fashion to the forefront. With a range of stylish and comfortable clothing options, the brand embodies quality and empowerment. Seeking ₹20 lakhs for 10% equity, Sana received an offer from Sharks Amit, Anupam, Namita, and Vineeta for ₹20 lakhs in exchange for 20% equity at a ₹1 crore valuation. Sana accepted the deal, propelling Forever Modest towards a future of inclusive fashion.
Sahayatha: Empowering Mobility with Innovation
Sahayatha, founded by Sruthi Babu, addresses the needs of individuals with mobility impairments by offering advanced, customizable wheelchairs. Pitching for ₹1 crore for 10% equity, Sahayatha secured an incredible deal with all five Sharks. The agreement reflects a shared vision of enhancing mobility and independence for the physically impaired, promising a transformative impact on the industry.
The finale of Shark Tank India showcased a diverse range of startups, each bringing innovative solutions and passion to the table. As the season wraps up, these deals highlight the blend of sustainability, fashion, and accessibility driving the entrepreneurial spirit in India.