Shark Tank India Season 4 Episode 13 aired on January 22, 2025, and showcased three fascinating pitches across diverse industries. From affordable prosthetics to artistic footwear and an innovative billing machine, the episode had a mix of inspiring ideas and critical evaluations by the Sharks.
The panel included Aman Gupta, Anupam Mittal, Kunal Bahl, Namita Thapar, and Ritesh Agarwal, who listened attentively to each pitch and made offers where they saw potential. Here’s a full update on all the pitches, offers, and deals!
Pitch 1: Fupro
- Brand Type: Healthcare
- Founders: Cyril Joe Baby and Nimish Mehra
- Original Ask: ₹60 Lakhs for 1% Equity
Fupro creates premium-quality prosthetics at affordable prices, empowering over 1,000 individuals with disabilities. Their flagship product, the “Sach Foot,” is 50%-80% cheaper than international alternatives without compromising on quality. During the pitch, they impressed the Sharks with a live demonstration by their friend, Anshul, who showcased the prosthetics’ durability and functionality.
Key Points:
- Fupro designs and manufactures 20 products, with five patented.
- The company has a factory in Mohali, Punjab.
- India’s prosthetics market is worth ₹15,000 crores.
Offers from Sharks:
- Anupam Mittal: Opted out, citing low returns.
- Kunal Bahl: Offered ₹2 crores at a ₹20 crore valuation, proposing changes in equity distribution.
- Aman Gupta: Offered ₹60 lakhs for 3% equity.
- Ritesh Agarwal and Namita Thapar: Jointly offered ₹60 lakhs for 5% equity.
Final Deal: A joint deal with Aman Gupta, Ritesh Agarwal, and Namita Thapar for ₹60 lakhs in exchange for 4% equity.
Pitch 2: Kanvas
- Brand Type: Footwear
- Founder: Komal Panchal
- Original Ask: ₹60 Lakhs for 6% Equity
Kanvas designs footwear featuring regional art, promoting local artists and creating a social impact. Komal presented Sharks with painted shoes as samples and highlighted her collection of over 300 SKUs. Despite her creativity and passion, the Sharks found her business model lacking in scalability.
Key Points:
- The brand’s price range starts at ₹1,600.
- It operates a small store in Kandivali, Mumbai.
- Sales numbers and unit economics were unimpressive.
Offers from Sharks:
All Sharks opted out due to the brand’s niche appeal and lack of clear direction.
Final Outcome: No deal was made.
Pitch 3: EZO
- Brand Type: Billing Machines
- Founders: Gaurav Kumar Kate, Makarand Kate, and Rishikesh Sakarkar
- Original Ask: ₹50 Lakhs and ₹1 for 0.33% Equity
EZO pitched an electronic billing machine that claims to be smarter than a computer and easier to operate than a calculator. While their demo impressed the Sharks, concerns over the subscription-based model and consistent losses overshadowed their innovative product.
Key Points:
- The billing machines aim to prevent theft by shop employees.
- Revenue numbers showed consistent losses.
Offers from Sharks:
All Sharks declined due to unclear goals and concerns over the business model.
Final Outcome: No deal was made.