Shark Tank India Products For Under Rs 500: Shark Tank Products are always eye-catching and innovative but sometimes because of their prices, we may not be able to approach these products. But here some shark tank products are not only innovative and good for us but are also pocket-friendly.
Budget-Friendly Finds: 5 Shark Tank India Products Priced Under 500 on Amazon
1.Skippi
In April 2021, Skippi was founded by Ravi Kabra and Auja Kabra. This Hyderabad-based venture made its debut on Season 1, Episode 6 of Shark Tank, making history as the first startup to receive offers from all the sharks. They were offered 45 lakhs for 5% equity, valuing the company at 9 crores.
Skippi is a nostalgic ice popsicle brand that rig backs childhood memories. Their products are priced at Rs 15-20 for a single popsicle and Rs 480 for a package containing 12+12 popsicles. Most of their products fall within the range of under Rs 500.
Skippi is a bootstrap company that began with a self-investment of 55 lakhs and is projected to reach a revenue of 100 crores by FY25.
- Tiggle
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Tiggle, founded by Anuva Kakkar in 2021 and headquartered in Agra, Uttar Pradesh, is a hot chocolate brand made from farm-fresh cocoa and ready in just 2 minutes.
In Season 3, Episode 8 of Shark Tank India, Anuva asked for INR 50 lakhs for 5% equity in her business. Tiggle received investment offers from both Amit Jain and Peyush Bansal. Anuva accepted the combined offer, securing INR 50 Lakhs for 20% equity with a 2% royalty until Rupees 1 Crore is recouped.
You can buy the hot chocolate powder mix for Rs 299 on Amazon, which will serve you 10 cups of coffee.
Anuva started this journey with just INR 20,000 of initial investment and a small room in her house but now Tiggle has an EBITDA of 6% on an average monthly revenue of 11 lakhs. The investment that this brand received from Shark Tank India valued Tiggle at INR 2.5 Crores.
- Beyond Water
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Beyond water is a unique drink that makes water tasty and healthy. Founded by Devang Singhania and Sachi Singhania in 2020 in Kolkata, West Bengal. The company appeared on Shark Tank Season 1, Episode 16, where they initially asked for Rs. 75 lakhs for a 4% Equity. After a discussion, Namita and Aman, offered a deal together of Rs. 75 lakhs without debt, with the pitchers eventually accepting a Rs. 75 lakh offer for a 10% equity stake from Namita and Aman. The company is valued at around ₹18.75 Crores.
Beyond water is available online and in Kolkata stores for about Rs. 300 per bottle. They offer flavours like Orange, Lemon, and Mango. Prices vary depending on the flavor, but all options are priced under Rs 500.
- Kerala Banana Chips
Founded in 2020 by Manas Madhu, Beyond Snack produces Kerala banana chips, a famous snack in South India.
The startup came on Shark Tank India Season 1, Episode 8, where it got funding from former Ashneer Grover and Aman Gupta. Both investors contributed INR 50 lakhs each, totaling INR 1 crore, for a combined 5% equity stake in the company.
Beyond Snacks sells its chips not only on its website but also on various online platforms such as Amazon, Flipkart, BigBasket, Blinkit, Swiggy Instamart, and Zepto. It is also expanding its retail market in Maharashtra, as the brand has big plans to have its products sold in 25 cities in the coming year.
The price of products varies according to their quantity, ranging from Rs 20 for a standard packet to Rs 270 for a premium one.
- CupJi
In episode 38 of Shark Tank Season 3, Aakash Sotta and Jay Sotta, founders of Cup-ji, presented their innovative product to the sharks. Cup-ji offers an easy way to enjoy green tea with various flavors, including 8 Indian flavours and 23 international flavours, providing ready-to-sip green teacups.
In Season 3 they asked for an investment of 50 lakhs for a 5% equity stake but were unable to strike a deal with the five sharks. The price range for Cup-ji products varies from Rs 22 for a single cup to Rs 220 for the whole pack of Green Teacups. Prices vary according to the flavour.
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