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Shark Tank India Season 4

2025-01-06T18:16:00.057+05:30

Shark Tank India Season 4

Shark Tank India

The fourth season of Shark Tank India continued to inspire and motivate entrepreneurs across India, showcasing a diverse range of innovative business ideas and providing valuable insights into the investment process.

Introduction

"Shark Tank India" is a popular Indian business reality television series that debuted on Sony Entertainment Television. The show is based on the American series "Shark Tank," which itself is a spin-off of the Japanese series "Dragons' Den." "Shark Tank India" provides a platform for aspiring entrepreneurs to pitch their business ideas to a panel of successful business tycoons, known as "sharks," in hopes of securing investment and mentorship.

Show Format

The premise of the show is quite straightforward yet compelling. Entrepreneurs from various sectors and industries present their innovative products, services, or business models to a panel of sharks. These sharks are highly successful business magnates and investors who have achieved significant success in their respective fields. Each entrepreneur is given a limited time to make their pitch, during which they must succinctly explain their business concept, its market potential, financial metrics, and the amount of investment they are seeking in exchange for equity in their company.

Season 1

Season 2

Season 3

Season 4

Shark Tank India Season 4 Overview

Premiere Date: January 6, 2025

Finale Date: TBA

Total Episodes: TBA

Host: Ashish Solanki and Sahiba Bali

Sharks

Aman Gupta: Co-founder and Chief Marketing Officer of boAt
Anupam Mittal: Founder and CEO of Shaadi.com and People Group
Namita Thapar: Executive Director of Emcure Pharmaceuticals
Peyush Bansal: Co-founder and CEO of Lenskart
Vineeta Singh: CEO and co-founder of SUGAR Cosmetics
Ritesh Agarwal: founder and CEO of OYO Rooms
Azhar Iqubal: Co-founder and CEO at Fenado AI Co-founder & Chairman at Inshorts
Varun Dua: founder and CEO of Acko General Insurance
Kunal Bahal: co-founder of Snapdeal, Titan Capital, and a promoter of Unicommerce
Viraj Bahl: founder and managing director of VRB Consumer Products Pvt. Ltd. (Veeba Foods)

Format

Four new sharks joined the panel, bringing diverse expertise and perspectives. The show continues its format of entrepreneurs pitching their business ideas to the Sharks, seeking investments in exchange for equity in their companies. The Sharks evaluate the pitches based on the business model, market potential, and the entrepreneurs' passion and commitment. Entrepreneurs from tier 1 to tier 4 cities presented innovative business ideas. Startups with high valuation expectations or niche categories often faced rejections.

Key Highlights

Total Participants: _ episodes with numerous entrepreneurs pitching their ideas.
Total Pitches: Over _ pitches were presented throughout the season.
Total Successfull Pitches: Approximately _ successful deals were made.
Total Fund Raised: The total funds raised amounted to around ₹_ crores.

Notable Deals

FAE Beauty: _____.
Confect Indulge: _____.
Culture Circle: _____.
Nexera.Health: _____.

If you enjoyed reading this article and are eager to showcase your business pitch on our platform or require a Pitch Deck to be presented to the investors or need fund raising assistance, or SME IPO process guidance, we would love to hear from you! Our dedicated team of experts who are having over two decades of experience into capital markets are ready to support you in achieving your business goals and turning your vision into reality. We would be delighted to guide you and explore how we can collaborate to make your entrepreneurial journey a successful one. Let's take your business to new heights together! - Team UdhyamPitch

Source: Shark Tank India, SonyLIV, Wikipedia

Disclaimer: Above article only publishes details for education purpose and does not solicit or request to invest in any company or product. Users are requested to visit respective companies and/or individuals for more details. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.

SGB update: Premature Redemption price for the Sovereign Gold Bond 2017-18-Series-I due on 12-Nov-24. SGB given annualised return (IRR) of 13.8%

2024-12-09T12:26:00.005+05:30

The Reserve Bank of India (RBI) announced redemption price for the Sovereign Gold Bond 2017-18-Series-I

The Reserve Bank of India (RBI) in its latest press release announced redemption price for the Sovereign Gold Bond 2017-18-Series-I Premature Redemption.

In Sovereign Gold Bond (SGB) Schemes, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of Premature Redemption of the above tranche shall be on 12-Nov-24.

Redemption price for the Sovereign Gold Bond 2017-18-Series-I Premature Redemption due on 12-Nov-24 shall be ₹ 7,788. The issue price for the same was ₹ 2,951 issued on 12-May-17.

The annualised return (IRR) is estimated to be at 13.8%

*IRR is excluding interest payout. We welcome your valuable queries on this.
View latest issue of Sovereign Gold Bonds here

FAQ: How SGB redemption price is calculated?
A: Pedemption price of SGB shall be based on the simple average of closing gold price of 999 purity of previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA).

Disclaimer: Above article only publishes details about the product for education purpose and does not solicit or request to invest in any product. Please visit RBI for more details. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.

Shark Tank India Season 3

2024-01-22T20:49:00.009+05:30

Shark Tank India Season 3

Shark Tank India

The third season of Shark Tank India continued to inspire and motivate entrepreneurs across India, showcasing a diverse range of innovative business ideas and providing valuable insights into the investment process.

Introduction

Show Format

Season 1

Season 2

Season 3

Season 4

Shark Tank India Series 3 Overview

Premiere Date: January 22, 2024

Finale Date: March 31, 2024

Total Episodes: 52

Host: Rahul Dua

Sharks

Amit Jain: CEO and co-founder of CarDekho
Aman Gupta: Co-founder and Chief Marketing Officer of boAt
Anupam Mittal: Founder and CEO of Shaadi.com and People Group
Namita Thapar: Executive Director of Emcure Pharmaceuticals
Peyush Bansal: Co-founder and CEO of Lenskart
Vineeta Singh: CEO and co-founder of SUGAR Cosmetics
Ritesh Agarwal: founder and CEO of OYO Rooms
Deepinder Goyal: Founder & CEO. Zomato
Azhar Iqubal: Co-founder and CEO at Fenado AI Co-founder & Chairman at Inshorts
Radhika Gupta: CEO of Edelweiss Asset Management
Ronnie Screwvala: Chairperson & Co-Founder - upGrad, Unilazer Ventures

Format

Six new sharks joined the panel, bringing diverse expertise and perspectives. The show continued to provide a platform for aspiring entrepreneurs to pitch their business ideas to the sharks, with a focus on innovation, scalability, and market potential: Brands, Pitches, Investors, and deals. Entrepreneurs from tier 1 to tier 4 cities presented innovative business ideas. Sharks showed interest in tech-enabled startups, healthcare, consumer products, and D2C brands. Some standout deals included investments in eco-friendly products, plant-based snacks, online technical interviews, and robotics toys. Startups with high valuation expectations or niche categories often faced rejections. Out of total pitches by investes, 50 businesses secured deals amounting to ₹50 crores.

Key Highlights

Total Participants: 52 episodes with numerous entrepreneurs pitching their ideas.
Total Pitches: Over 200 pitches were presented throughout the season.
Total Successfull Pitches: Approximately 50 successful deals were made.
Total Fund Raised: The total funds raised amounted to around ₹50 crores.

Notable Deals

The Honest Home: An eco-friendly daily use products company, secured ₹1 crore for 3% equity + 1% royalty until ₹1.5 crores are recouped.
Adil Qadri: A premium fragrance brand, secured ₹1 crore for 1% equity + 1% royalty until ₹1 crore is recouped.
The Cinnamon Kitchen: A plant-based healthy snacks brand, secured ₹60 lakhs for 5% equity.
Intervue: An online technical interview platform, secured ₹1.5 crores for 2% equity.
RodBez: An online ride service for Bihar, secured ₹20 lakhs for 5% equity + ₹30 lakhs debt at 12% for 2 years.

If you enjoyed reading this article and are eager to showcase your business pitch on our platform or require a Pitch Deck to be presented to the investors or need fund raising assistance, or SME IPO process guidance, we would love to hear from you! Our dedicated team of experts who are having over two decades of experience into capital markets are ready to support you in achieving your business goals and turning your vision into reality. We would be delighted to guide you and explore how we can collaborate to make your entrepreneurial journey a successful one. Let's take your business to new heights together! - Team UdhyamPitch

Source: Shark Tank India, SonyLIV, Wikipedia

Disclaimer: Above article only publishes details for education purpose and does not solicit or request to invest in any company or product. Users are requested to visit respective profiles of companies and/or individuals for more details. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.

Monthly GST Data

2023-11-28T17:58:00.015+05:30

Monthly GST Data Analysis

Monthly GST Data Chart

Below is the GST Monthly Data chart:

Most Recent GST Data

Below is the most recent past 12 months GST Collections:

Monthly Trend of GST Collection

Below is the annual trend of GST Collection - latest month vs previous year's same month:

YTD Trend of GST Collection

Below is the YTD (Year-to-date) trend of GST Collection - current financial year vs previous financial year's:

Source: GST Council

Frequently Asked Questions (FAQs) About GST

1. What is GST?

GST, or Goods and Services Tax, is an indirect tax levied on the supply of goods and services in India. It is a comprehensive, multi-stage, destination-based tax that is levied on every value addition.

2. What are the different types of GST?

There are four types of GST:

CGST: Central Goods and Services Tax, levied by the Central Government
SGST: State Goods and Services Tax, levied by the State Governments
IGST: Integrated Goods and Services Tax, levied on inter-state supply of goods and services
UTGST: Union Territory Goods and Services Tax, levied in the Union Territories

3. How is GST calculated?

GST is calculated by applying the applicable GST rate to the transaction value of goods and services. The transaction value is the price actually paid or payable for the supply of goods and services.

4. What are the benefits of GST?

Some benefits of GST include:

Elimination of the cascading effect of taxes
Reduction in the overall tax burden
Simplification of the tax structure
Increase in compliance and revenue collection

5. What are Input Tax Credits (ITC) in GST?

Input Tax Credits (ITC) refer to the credit that a taxpayer can claim for the GST paid on purchases of goods and services, which can be used to offset the GST liability on sales.

6. Who needs to register for GST?

Businesses and individuals with an annual turnover exceeding the threshold limit specified by the GST law need to register for GST. The threshold limit varies for different states and types of businesses.

7. What is the due date for filing GST returns?

The due date for filing GST returns varies based on the type of return and the taxpayer's category. Generally, GSTR-3B is filed monthly, and GSTR-1 is filed quarterly or monthly based on turnover.

8. What are the penalties for non-compliance under GST?

Penalties for non-compliance under GST can include fines, interest on delayed payments, and even prosecution in severe cases. The specific penalties depend on the nature and severity of the non-compliance.

Sample Pitch

2023-10-14T17:55:00.037+05:30

Example

Technology Company is into ITES , b2b segment and is expanding its verticle

Technology Company expanding into ITES Services
Image credit: https://pixabay.com/

Brand Name: Sample

Company Name: Sample

HO: Indore | Establised: 2013 | Sector: Technology, ITES

Promoters: AK, SS

Key Highlights
Sample Company established in 2013 and based in Indore and is into providing technology services to its clients. Tech services includes Connect with vendors for easy sourcing of goods Customer connect/marketing support for selling products Verification services to verify vendors, businesses and others to increase transparency and trust Social media management services. Let's Talk About your Project, And Share your creative idea with our team. We will Provide best Resolution Service for you with a best customer expirence

Key Highlights

Sample Company
established in 2013 and based in Indore and is into providing technology services to its clients.
Tech services includes

Connect with vendors for easy sourcing of goods
Customer connect/marketing support for selling products
Verification services to verify vendors, businesses and others to increase transparency and trust
Social media management services.

Let's Talk About your Project, And Share your creative idea with our team. We will Provide best Resolution Service for you with a best customer expirence

Business Summary
Sample Company established in 2013 and based in Indore and is into providing technology services to its clients. Tech services includes 1) connect with vendors for easy sourcing of goods 2) customer connect/marketing support for selling products 3) verification services to verify vendors, businesses and others to increase transparency and trust 4) social media management services.

Key Pointers
Head Office: Indore
Total Employees: 25
Business Segment: Manufacturing, B2B or Wholesale, Retail, C&F
Business Model: Premium subscription for individuals, B2B enterprise software for teams
Key Customers: XYZ, ABC, PQR etc

Founders
AK, Co-Founder & CEO: MBA from IIM, BE from university, previously a software engineer at Sample Company, Sample B Company and Sample C Company.
SS: Co-Founder & CTO: B-tech from IIT, previously a software engineer at Sample Company, Sample B Company and Sample C Company.

Verification \| Powered by UdhyamPitch Verify
Category	Status	Remarks
Head Office	✅	-
Startup Registration	✅	-
MSME Registration	✅	-
GST Registration	✕	Under Process
E-Commerce Registration	⊝	Not Required
PAN Number	✅	-
UDYAM Registration	⊝	Will Review when required
IEC Code	⊝	Not Required

Let's Talk About your Project, And Share your creative idea with our team. We will Provide best Resolution Service for you with a best customer expirence. Reach us here

UdhyamPitch Exclusive: 17 year old Girl from Ratlam transformed social cause into Entrepreneurial Journey

2023-08-26T10:38:00.009+05:30

Table of Content

~~(toc)~~

(getButton) #text=(Share Button) #icon=(share)

Women owned businesses are still less as compared to Men, and the difficulties faced by women who have taken the path of entrepreneurship are vast and often very different from those experienced by their male counterparts. To shed light on some of these, UdhyamPitch started section to share stories of female's who have taken path to become women entrepreneurs. Here key aspect is how they face the challenges and would highlight how to overcome those difficult situations.

17 year old Girl Deshna Surana from Ratlam (M.P.) transformed social cause into Entrepreneurial Startup:

Journey of a Little Girl from Ratlam (MP) aged 19 years becoming Entrepreneur

Little Girl from Ratlam (MP) aged 19 years, Deshna Surana started her enterpreneurial journey a year ago. Idea germinated in her mind when she was 17 years and raised funds during COVID pandemic for a social cause.

With the determination in mind to do something, she bootstrapped her venture “Littlee Pixels” a year ago. Her startup is into customized gifts, Illustrated gifts and other gifting articles.

How she managed initial investment

With very limited initial investments in hand, she saved her pocket money and started her venture. Being an enthusiast women, she want to handle everything independently on her own and not to outsource things. She does all things by herself including Ideation of new products, designing, crafting and giving final touch to the products. She Each piece is personally hand crafted by herself, which is what makes it truly special. It take couple of days to complete one product and product qualify for its quality, personalized and purely handcrafted.

Unique Quality lies as they are handcrafted

These products are uniquely crafted and used for every occasion, be like:

Wedding
Engagement
Birthday
Anniversary
Friendship Day
Rakhi
Diwali
New Year etc

People might wonder, how she managed things herself alone. But yeah its her determination, dedication and zeal to do something. Initially, she sold soft copies and digital illustrations, even using these sales to raise funds during the COVID pandemic.

Product Offerings

Products include:

Illustrated Gifts
Crochets
Illustrated frames
Wedding hampers
Keychains and Bracelets
Diwali
New Year

Education Qualifications

She completed her 12th grade, pursued a BA in English Literature, took a mid-semester college drop, and opted for distance education and focused on her business. She always knew that this path brings most happiness. This past year has been a roller coaster ride, especially the exhibition experience. She has been a part of many exhibitions by now and has started showcasing her talent that she can do wonders. Witnessing the joy it brings to others brings me immense satisfaction. She has always gives credit of her success to her family and now contributing to support to her family. In her own words she says, "Everything has gone remarkably well, and today I can proudly tell my younger self, “Baby, you will certainly achieve what you aspire to.”"

Status of Followers

Currently she is taking customised orders through her instagram page. She has currently over 950 followers and above 150 customised and curated gifts which one would love to buy.

How she is marketing and taking bookings

She is managing marketing on her own through Instagram page. She processes bookings with a day or two depending upon the availability of the products. If it is local deliver then order gets delivered within same day else shipping takes a week or two to reach customer's hands.

Interested in her products? Visit Store

You all can follow her Instagram Page at “Littlee Pixels”

Are you one of the Change Makers, please write your story here. And we shall be glad to reach out to you.If you like this story, please share to your dear ones.

Shark Tank India: Season 2

2023-01-01T21:08:00.047+05:30

Shark Tank India Season 2

Shark Tank India

The second season of Shark Tank India continued to inspire and motivate entrepreneurs across India, showcasing a diverse range of innovative business ideas and providing valuable insights into the investment process.

Introduction

Show Format

Season 1

Season 2

Season 3

Season 4

Shark Tank India Season 2 Overview

Premiere Date: January 2, 2023

Finale Date: March 13, 2023

Total Episodes: 51

Host: Rahul Dua

Sharks

Amit Jain: CEO and co-founder of CarDekho
Aman Gupta: Co-founder and Chief Marketing Officer of boAt
Anupam Mittal: Founder and CEO of Shaadi.com and People Group
Namita Thapar: Executive Director of Emcure Pharmaceuticals
Peyush Bansal: Co-founder and CEO of Lenskart
Vineeta Singh: CEO and co-founder of SUGAR Cosmetics

Format

The second season saw a new host, Rahul Dua, and introduced Amit Jain as a new shark, replacing Ashneer Grover. The show continued to provide a platform for aspiring entrepreneurs to pitch their business ideas to the sharks, with a focus on innovation, scalability, and market potential: Brands, Pitches, Investors, and deals. Out of total pitches by investes, _ businesses secured deals.

Notable Deals

HooVu: Fresh Flowers - ₹1 crore for 2% equity
Dorje Teas: Organic Darjeeling Tea - ₹30 lakhs for 15% equity
Very Much: Indian Traditional and Ethnic Sarees - ₹50 lakhs for 10% equity
Watchout Wearables: Smartwatches for kids and senior citizens - ₹1 crore for 10% equity and ₹1 crore debt at 15% interest
SoupX: Healthy Soups and Soup-based Meals - ₹50 lakhs for 18% equity and ₹25 lakhs debt at 12% interest

If you enjoyed reading this article and are eager to showcase your business pitch on our platform or require a Pitch Deck to be presented to the investors or need fund raising assistance, or SME IPO process guidance, we would love to hear from you! Our dedicated team of experts who are having over two decades of experience into capital markets are ready to support you in achieving your business goals and turning your vision into reality. We would be delighted to guide you and explore how we can collaborate to make your entrepreneurial journey a successful one. Let's take your business to new heights together! - Team UdhyamPitch

Source: Shark Tank India, SonyLIV, Wikipedia

Disclaimer: Above article only publishes details for education purpose and does not solicit or request to invest in any company or product. Users are requested to visit respective profiles of companies and/or individuals for more details. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.

Financial Re-engineering: Opportunity amid Covid-19

2022-07-30T11:14:00.001+05:30

~~(toc)~~

Every crisis is an opportunity its a matter of perception and taking actions!

Covid-19 has given the opportunity to people as well as companies to reassess what they have been doing right, not so right and how they can evolve /grow to the next level when we all come back with more vigor, more enthusiasm and ready for the next level of sustainable growth!

At the heart of all decisions, finance remains one of the most important one be it for individuals or for companies. Given the time on hand, it is a golden opportunity for companies to look at some of the important aspects of financial re-engineering which may would have been ignored in BAU scenario. I have listed down the few aspects / questions which each and every company irrespective of their size should ask:

Capital Structure:

Questions to be asked to reassess existing capital structure are:

Do we have optimum debt:equity mix to gain the tax efficiency?
Is our cost of capital in line with other similar players in the industry?
Is our limited capital blocked in non core business?
Can we change the profile of the debt to reduce cost of capital?

Broaden the Source of Financing:

Things to look at in this area are:

How do we ensure liquidity in the time of crisis which means multiple source of funding?
Think beyond Banking and tap into new age NBFCs and start-up eco system?
Go for rating to improve banking liquidity and explore debt capital market options!

Efficient Working Capital / Faster Cash Conversion Cycle:

Is there an opportunity to discount long term as well as short term receivables on a non-recourse or partial recourse basis?
Is there an opportunity to avail pre/post shipment supplier finance?
Can we increase the top-line by offering required financing to our customers / dealers / distributors?

FX / Interest Rate Risk Management:

In ever changing world economy, are we ready to manage market risk arising from Foreign exchange and Interest rate risk?
Do we have an opportunity to re-profile our existing debt based on firm’s FX receivables or payable positions so as to tap international liquidity and reduce the interest cost?

Government Policies / Decipher Regulations:

In this VUCA world, Govt. will be compelled to change their policies / regulations to save domestic economy / help domestic firm go overseas – are we up to date to take advantage of various policies measures undertaken by Govt from time to time?
Do we have enough market research / data to take informed decision to go to overseas markets or launch a new product or change marketing strategy?

There is going to lot of opportunities for mid-size and SMEs to form JV / tie up with Multi-national Companies (MNCs) which will relocate from China. Hence it is paramount for business to be ready and agile in its financial management to get the best valuation as well as attention from MNCs which would need some kind of local knowledge / expertise / know-how on how to do business in a complex markets like India.

Article originally published at Zeolyt Ventures

Zeolyt Advisory offer above solutions and help the company tide over the current crisis and come out stronger, cleaner and above all as a winner!

Shark Tank India Series I

2021-12-20T20:54:00.010+05:30

Shark Tank India Season 1

Shark Tank India

Introduction

Show Format

Shark Tank India Season 1 Overview

Premiere Date: December 20, 2021

Finale Date: February 11, 2022

Total Episodes: 36

Host: Rannvijay Singh

Season 1

Season 2

Season 3

Season 4

Sharks

Ashneer Grover: Ex-Managing Director and co-founder of BharatPe
Aman Gupta: Co-founder and Chief Marketing Officer of boAt
Anupam Mittal: Founder and CEO of Shaadi.com and People Group
Namita Thapar: Executive Director of Emcure Pharmaceuticals
Peyush Bansal: Co-founder and CEO of Lenskart
Vineeta Singh: CEO and co-founder of SUGAR Cosmetics
Ghazal Alagh: Co-founder and Chief Mama of MamaEarth

Format

The first season received 62,000 aspirants from India, out of which 198 businesses were selected to pitch their ideas to the sharks. Out of these pitches, 67 businesses secured deals.

Notable Deals

BluePine Industries: Frozen Momos - ₹975 lakhs for 16% equity
Booz Scooters: Renting e-bike for mobility in private spaces - ₹940 lakhs for 50% equity
Heart up my Sleeves: Detachable Sleeves - ₹925 lakhs for 30% equity
Tagz Foods: Healthy Potato Chips - ₹970 lakhs for 2.75% equity

If you enjoyed reading this article and are eager to showcase your business pitch on our platform or require a Pitch Deck to be presented to the investors or need fund raising assistance, or SME IPO process guidance, we would love to hear from you! Our dedicated team of experts who are having over two decades of experience into capital markets are ready to support you in achieving your business goals and turning your vision into reality. We would be delighted to guide you and explore how we can collaborate to make your entrepreneurial journey a successful one. Let's take your business to new heights together! - Team UdhyamPitch

Source: Shark Tank India, SonyLIV, Wikipedia

Disclaimer: Above article only publishes details for education purpose and does not solicit or request to invest in any company or product. Users are requested to visit respective profiles of companies and/or individuals for more details. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.

Shark Tank India

2021-12-20T20:44:00.019+05:30

Shark Tank India

Shark Tank India Series Overview

Total Seasons: 5

Total Episodes: 139 (as of Season 3)

Total Funds Invested: Over ₹50 crores (approximately $6.25 million) across all seasons.

Total Participants: Over 300 entrepreneurs have pitched their ideas across all seasons.

Season 1

Season 2

Season 3

Season 4

Introduction

Show Format

The Sharks

One of the key elements that make "Shark Tank India" engaging is the diverse backgrounds and personalities of the sharks. They bring their unique perspectives, industry knowledge, and business acumen to the table, which often leads to interesting discussions and negotiations. The sharks evaluate the pitches based on various factors such as innovation, scalability, market potential, and the entrepreneur's passion and dedication. They may offer investment in exchange for equity or opt out if they do not see potential in the business.

Shark Tank India Season	Sharks
Season 1:	Aman Gupta (boAt Lifestyle) Namita Thapar (Emcure Pharmaceuticals) Peyush Bansal (Lenskart) Anupam Mittal (Shaadi.com / People Group) Vineeta Singh (SUGAR Cosmetics).
Season 2:	Aman Gupta Namita Thapar Peyush Bansal Anupam Mittal Amit Jain (CarDekho Group).
Season 3:	Aman Gupta Namita Thapar Peyush Bansal Anupam Mittal Deepinder Goyal (Zomato) Azhar Iqubal (Inshorts) Ritesh Agarwal (OYO Rooms) Radhika Gupta (Edelweiss Mutual Funds) Varun Dua (ACKO Insurance) Ronnie Screwvala (UpGrad).
Season 4:	Aman Gupta Namita Thapar Peyush Bansal Anupam Mittal Vineeta Singh Azhar Iqubal Varun Dua Kunal Bahl (Snapdeal) Viraj Bahl (Veeba Consumer Products).

Impact on Entrepreneurship

The show has been instrumental in fostering entrepreneurship in India by providing a national platform for budding entrepreneurs to showcase their ideas. It has inspired many individuals to think creatively and pursue their entrepreneurial dreams. Additionally, the show educates viewers about the fundamentals of business and investment, making it an informative watch for aspiring entrepreneurs and business enthusiasts.

Real-World Challenges

"Shark Tank India" also highlights the challenges and risks associated with entrepreneurship. The negotiations between entrepreneurs and sharks often involve tough questions and critical evaluations, which reflect the real-world dynamics of securing investment. This aspect of the show not only adds to the drama but also provides valuable insights into the business decision-making process.

Social Impact

Another notable impact of "Shark Tank India" is its role in promoting innovative solutions to real-world problems. Many entrepreneurs on the show present ideas that address pressing social, environmental, and economic issues. The sharks' investments in such ventures demonstrate their commitment to supporting businesses that can create a positive impact on society.

Influence on Startup Ecosystem

The show's popularity has also had a ripple effect on the startup ecosystem in India. It has helped create a more favorable environment for startups by raising awareness about the importance of innovation and entrepreneurship. The success stories from the show serve as motivation for other entrepreneurs to persevere and pursue their business goals.

Conclusion

In conclusion, "Shark Tank India" is more than just a television show. It is a celebration of entrepreneurship, innovation, and the spirit of taking risks to achieve one's dreams. By providing a platform for entrepreneurs to connect with seasoned investors, the show has become a catalyst for business growth and development in India. It continues to inspire and educate, making it a valuable addition to India's entrepreneurial landscape.

Hosts

Season 1: Rannvijay Singh
Season 2 & 3: Rahul Dua
Season 4: Ashish Solanki and Sahiba Bali

Source: Shark Tank India, SonyLIV, Wikipedia

Disclaimer: Above article only publishes details for education purpose and does not solicit or request to invest in any company or product. Users are requested to visit respective profiles of companies and/or individuals for more details. We advise investors to take opinion from certified/SEBI registered experts before taking any investment decisions.

Are you a professional? Check out the Presumptive taxation to save on taxes!!!

2020-06-11T20:31:00.010+05:30

Are you a professional?

Check out the Presumptive taxation for professionals to save on taxes!!!

OPINION: Why budget proposal on phasing out income tax exemptions ...

What is presumptive taxation?

For small tax payers having income from profession usually have an additional burden of tax compliance. To simplify this, in 2016, a scheme of presumptive taxation was introduced under section 44ADA of the Income Tax act. This is welcome measure for small professionals who will not be required to maintain books of account and offer straightway their income at 50% of their gross receipts.

How will income be computed?

For computation of income, gross total income is considered to be higher of the following:

a. 50% of the professional Income or
b. Income from the profession as offered by the Assessee

What are the conditions to be fulfilled?

Income should be included in the list of professional income

a. Total gross receipts should not exceed Rs.50 lacs in the previous year
b. Should be resident assesse
c. Should be either individual or Hindu undivided family or partnership firm. Limited Liability partnership firms are not covered

What are the benefits of this scheme?

a. Need not maintain books required to be kept u/s 44AA
b. Need not get the accounts audited u/s 44AB

What if the actual income is less than the presumptive income?

If the Assessee claims that the actual profits from the profession are lower than the profits deemed to be his income under Section 44ADA(i) and his income exceeds the basic exemption limit, then they will have to maintain books required to be kept u/s 44AA and also get the accounts audited u/s 44AB

Will other deductions be also allowed?

Other deductions u/s 30 to 38 shall be deemed to have been allowed. No further deductions under these sections can be claimed. Accordingly, the written down value of any asset used for the purpose of the profession of the assessee will be deemed to have been calculated as if the assessee had claimed and had actually been allowed the deduction in respect of depreciation for the relevant assessment years.

Check which professions are covered?

Professions covered under this scheme are:
Interior decorations
Technical consulting
Engineering
Accounting
Legal
Medical
Architecture
Other professionals
Authorized representatives
Film Artists
Certain sports related persons
Company Secretaries and
Information technology
Any other notified professionals

Our Guest Author: CA Nishita Doshi She is a Chartered Accountant (CA) and Chartered Financial Analyst (CFA) by profession and is currently working as Analyst at Groww Mutual Fund. Her work comprises listed company research pans across various sectors such as Consumer, Retail, Chemicals, Durables and Electricals. She is 1st attempt CA and also have cleared all 3 levels of CFA. CA Nishita Doshi can be reachable at Linkedin

Disclaimer: The views and opinions expressed in this article are those of the Guest Author are of personal and do not necessarily reflect the views or positions of any current business entity or previous entities.

Transformation is the need of an Hour. Are you Ready?

2020-06-09T20:17:00.006+05:30

Transformation is the need of an Hour. Are you ? In the scenario of lockdown and post lockdown, companies specially MSME (Micro, Small and Medium Enterprises) are facing critical situations of 1) lower demand 2) increase costs and overheads 3) Increase in usage of digitization.

Companies should work aggressively and immediate action is required to completely overhaul the way they do business activities and transform things to align and fight with this battle.

Following are the key areas where companies should proactively work or get guidance from experts to meet the financial targets and budgets:

Review SOP: Almost all companies prepare and follow pre-defined Standard Operating Procedures (SOP) applicable to them. Current situation forces companies to review and change the SOP across departments be it at Manufacturing Plant level or Services Providers, Vendors, HR/Admin level etc. All departments need to Review, test and implement new SOP’s to take the company to the next level.
Budget Analysis & Review: Key aspect of every company is Budget Preparation. Most of the companies prepare Budgets one year in advance to meet the deadlines in the coming year. Current situation compelled companies (Specially MSME) to give a thoughts to review Budgets
Financial re-engineering and cost optimization measures: Finance is the back bone of any business entity. Timely adopting of best financial resources along with cost optimization measures would help to achieve Financial Goals.
Increase of Insurance coverage for staff: Current pandemic situation is providing Employers to provide increased insurance coverage to enable fight with unforeseen circumstances. A Health Insurance plan provides timely help to employees at the time of hospitalization, accident-related treatment and pre-decided diseases for a pre-specified limit.
Prepare for Regulatory changes if any:
Vendor transformation:
Strengthen IT Infrastructure:
Training to staff:
Research & Development:

About Author:

Amit Khimesra: Amit has over 10 years of experience in financial services industry. He has worked into Equity Research and Investment Banking industry and has interacted Companies and Entrepreneurs to understand their Views and Strategies. His interests includes writing articles on Corporate Strategy, MSME's, Financial Services apart from spending time with family and playing with kids.
Disclaimer: His view on above articles are his personal and may vary or change according to company to company.

He can be reached at Linkedin

Why entrepreneurs need to leverage the power of NO

2020-06-03T20:26:00.006+05:30

Time is ticking away. Isn’t it? It does not stop for anyone.

How many hours did you spend being self-aware and intentional in the last 24 hours?

The answer is not at all acceptable on most of the days for many, and it is more puzzling for the entrepreneurs who are always in the hustle mode. The ability to say NO to most of the things that come entrepreneurs’ way and strategically focus on where to invest time comes with practice and discipline.

Saying NO leads to effectively leveraging your time. Think, each time you say YES to something, you are basically saying NO to everything else.

My thoughtful one year of break from the corporate life to transform as an entrepreneur is coming to an end in two months and time just flew by. In the last 10 months, I have written many business plans, created multiple financial models, wrote a few pitch decks, enhanced professional network, advised startups, interacted with many investors, shut down one company and opened another one. I have gotten better at saying NO to many opportunities that come my way but still far from what it needs to be. Reflecting back, I did learn a lot about me, my relationships with family, friends, and the most notably the appreciation for the most limited resource in our life i.e. time.

Time management is an art and needs to be practiced consciously

Saying NO is difficult and uncomfortable. 90% of the startups fail as a result of not saying NO at many critical junctures in their journey. As an entrepreneur, the faster you realize the value of time, the higher the probability of achieving your goals.

Sharing learnings about time management from the solo trip to the land of entrepreneurship.

People want your time. You have a limited amount of it. Learn to say NO. Most of the time, people are just curious about what you are up to. Be true to your NO and it’s okay to be a little selfish. Ask twice, would it move the needle?
Be unapologetic and no need to feel guilty. Don’t fear to say NO. Entrepreneurs are not meant to be crowd-pleasers. The buck stops with you and to succeed you need to save the time. Spend time wisely.
Mysterious NO and an enthusiastic YES are equally bad. Don’t fire from the hip, think before responding. Being clear about your constraints and knowing what is on your plate will help you guide to the answer with clear communication. Convey NO gracefully and with respect; requester may appreciate the clarity.
Not every idea and suggestion is worth working on. Avoid the thought of FOMO (Fear of Missing out). Listen to your gut and develop a simple framework to eliminate ideas not aligned to your roadmap. Having clear written goals will help you avoid distractions.
The entrepreneurial journey is hard and there is no shame or associated failure to pivot from the original idea or even shutting down the startup. The failure is when you don’t learn to say NO and let emotional bias cloud your judgment.
Ask WHY multiple times. If there is no clear answer on the return on investment in terms of time, say NO. Have a clear agenda on what you are going to gain, learn or what you are going to contribute. One simple example would be to schedule short meetings with a hard stop. Going in circles over the same topic does not lead to a different outcome.
NO to social media overindulgence. On average a person looks at their phone 100 times a day. Keep that phone away, it has a detoxifying effect.
Allocate more time consciously toward working ON the business versus working IN the business. Prioritization is dynamic and constantly needs attention. An entrepreneur disciplined focus should always on the priorities that are Urgent and Important. Many things that are urgent and are not at all critical in nature will automatically fall NO category. The time management matrix by Stephen Covey is a great reference.

Warren Buffet one of the richest persons on the earth is known for religiously managing and controlling his calendar.

“It’s the only thing you can’t buy. I mean, I can buy anything I want, basically, but I can’t buy time” Warren Buffet

What can an entrepreneur do with saved time through the power of NO?

Invest in yourself

Get at least 7 hours of sleep, there are already known benefits that can help you focus, reduce stress, weight control and have energy all day.
Start meditating. Just 15 minutes of meditating will improve the accuracy of your decisions, increase memory, reduce anxiety, enhance self-awareness and keep you calm throughout the day.
Invest in relationships, with friends and family. With entrepreneurial grind finding a proper work-life balance is hard. You have to be intentional to achieve it.
Play sports, read a book, travel
The list is endless…

Keep practicing and learn the power of NO. I hope the entrepreneur in you leverages time effectively. Do help me grow by sharing your learnings.

#Entrepreneur #Timemanagement

Article originally published on Zeolyt Ventures website here

About Zeolyt Ventures:

A leading consulting and advisory company that partners with you to build resilience, envision & effect transformations, frame winning strategy and execute for growth successfully.

You may visit Zeolyt Ventures website here.

Flashing Bails Effect !!

2020-06-03T20:20:00.004+05:30

A lot of us would have played cricket at some point in our lives. The sight of a ball hitting the wickets and dislodging the stumps is a treat to the eyes. However, not all balls hit the stump forcefully enough to dislodge the stump and in some cases, the stump may just bend and then come back to its original position.

Back in 17th/18th century, there were no instant camera replays, and therefore, in such a case, there was always a possibility of a dispute on whether the ball hit the stumps or not. Common sense says that these disputes would have resulted in the idea of putting a bail on top of the stump. This solution then resulted in changing the rule of getting someone clean-bowled from ‘ball hitting the stump’ to ‘dislodging the bail(s)’.

There were issues with this solution too, as the bails could come off just because of the wind or wouldn’t come off even when the ball hits it with a decent force. However, such incidents are rare (notable exception being World Cup 2019), and are also not related to the topic of this article.

With the introduction of 3rd umpire and all the related technologies, another problem cropped up – finding the exact moment when the bails get dislodged from the stumps. The exact timing is important more for stumped and run out, and less for clean-bowled. After three long years of research, a radio-wave based highly sophisticated and lightning-fast (literally) solution, Flashing Bails was developed. These will lit-up within 1/1000th of a second of the bail getting knocked off the stumps.

Now, let us take a step back. The reason we had to invent these sophisticated bails was because a rule had to be compromised three centuries back – ‘ball hitting the stump’ to ‘dislodging the bail(s)’, for the solution introduced at that time needed that. This was done as in those days, we did not have the hot-spot, snickometer and ultra slow-motion instant replays technologies to find out conclusively if the ball hit the stumps.

However, we had all these technologies when we started on the idea of building something, which eventually took shape in the form of Flashing Bails! We could have avoided spending three years of extensive research by reverting to the original simple concept of ball hitting the stump and establishing that and its timing conclusively using the hot-spot and other technologies that existed then!

Instead, we opted to solve a problem that got complicated by a solution developed in a very different context, and when that solution could have easily been dispensed with (or modified) in the current context.

This is what I refer to as a Flashing Bails Effect on our creative thinking – When a solution forces a change in a rule and makes the rule dependent on the solution itself and over time, the solution becomes more important than the original rule, all our instincts try to safeguard and improve on the solution even when the new context allows dispensing with the solution and reinstating the original rule. A Zero-based approach to problem solving can be an effective tool here.

There are different corollaries to this syndrome and we can find various examples in our daily life, where we fall for this. One illustration is what I talked about in my last article “Moving to zero office space”. How industrialization changed the practice of working from home and introduced the concepts of offices and factories, and how the telecommute and automation technologies are now changing the context.

Article originally published on Zeolyt Ventures website here

About Zeolyt Ventures:

A leading consulting and advisory company that partners with you to build resilience, envision & effect transformations, frame winning strategy and execute for growth successfully.

You may visit website here.

Procurement Transformation - a Strategic Business Response to the COVID Crisis

2020-05-30T20:28:00.007+05:30

COVID-19 pandemic has created an unprecedented opportunity to transform & digitize the Procurement function by pulling three levers of People, Process & System to effectively deliver Financial Optimization, Business Efficiency, and Risk Mitigation.

Image Source: Dreamstime.com

Most businesses were left vulnerable with supply chain disruptions, no documented plan and underinvestment in procurement capabilities. The last-minute scramble with minimum digital foundation found an uncoordinated, inefficient, and unpredictable response from procurement leaders, finance, operations, legal, suppliers and other stakeholders.

The Unprepared Procurement Function

With the current crisis, CFOs and leaders of the organization are being asked for areas of significant cost reduction, for which usually an easy answer is to restructure the business and layoff thousands of employees. Most of the leadership struggles to address the spend on vendor ecosystem, reason being, their inability to negotiate or terminate contracts due to unavailability of the ready business intelligence data and insights.

Vendor spend accounts for 50%-70% of the total spend for a midsize to large companies.

The current crisis will lead us into a recession soon which may stick around for a while. For survival and still be able to achieve reasonable growth, companies need to transform their procurement functions from People, Process, and System perspective.

Leaders can start with asking the right questions

How can we get sponsorship and support across the organization to initiate transformation?
Are the core functions of procurement, finance, legal, and operations aligned, and what does their competency look like?
Would outsourcing non-core functions help us cut costs and what’s its impact on the organization?
How can I know every day what we are spending, whom we are spending with and where do we spend?
How can I empower and enable the organization to make decisions with the right controls in place to avoid financial leakages?
What can be done to avoid a complicated mix of inflexible requirements, disparate processes, and functionally isolated activities?
What kind of technology solutions impacting different aspects of the source to pay cycle can be leveraged?
and much more..

Technology will be just one part of the solution and a comprehensive look at the organization via transformation program is the key to bring the desired change. The result would be enhanced the ability of an organization to drive long term value through improved capabilities, faster response, and better operating model

Article originally published on Zeolyt Ventures website here

About Zeolyt Ventures:

A leading consulting and advisory company that partners with you to build resilience, envision & effect transformations, frame winning strategy and execute for growth successfully.

You may visit website here.

Qualcomm invests in Apalya Technologies

2013-12-17T17:50:00.000+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Angel Funding
Sector	Media & Entertainment
Target	Apalya Technologies Private Limited
Acquirer/Investor	Qualcomm
Target Country	India
Source: apalya.com

IndoUS Venture invests in Apalya Technologies

2013-12-17T17:48:00.000+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Angel Funding
Sector	Media & Entertainment
Target	Apalya Technologies Private Limited
Acquirer/Investor	Indo US Venture Partners
Target Country	India
Source: apalya.com

IDG Ventures invests in Apalya Technologies

2013-12-17T17:41:00.002+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Angel Funding
Sector	Media & Entertainment
Target	Apalya Technologies Private Limited
Acquirer/Investor	IDG Ventures
Target Country	India
Source: apalya.com

Cisco invests in Apalya Technologies

2013-12-17T17:40:00.000+05:30

Particulars	Deal Details
Deal Year	2013
Deal Type	Angel Funding
Sector	Media & Entertainment
Target	Apalya Technologies Private Limited
Acquirer/Investor	Cisco Ventures
Target Country	India
Source: MumbaiAngels.com

Apalya Technologies raises from Mumbai Angels

2013-12-17T17:33:00.000+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Angel Funding
Sector	Media & Entertainment
Target	Apalya Technologies Private Limited
Acquirer/Investor	Mumbai Angels
Target Country	India
Source: MumbaiAngels.com

Joint Venture between AIOCD & Trikaal Mediinfotech

2013-12-17T17:26:00.001+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Joint Venture
Sector	Healthcare, Pharmaceutical
Target	AIOCD Pharmasofttech AWACS Pvt. Ltd.
JV Partners	All Indian Origin Chemists & Distributors Ltd. & Trikaal Mediinfotech Pvt. Ltd.
Target Country	India
Source: MumbaiAngels.com

Mumbai Angels invests in AIOCD Pharmasofttech

2013-12-17T17:23:00.001+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Angel Funding
Sector	Healthcare, Pharmaceuticals
Target	AIOCD Pharmasofttech AWACS Pvt. Ltd.
Acquirer/Investor	Mumbai Angels
Target Country	India
Source: MumbaiAngels.com

Mumbai Angels invests in Algorhythm

2013-12-17T17:19:00.001+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Angel Funding
Sector	Internet & IT
Target	Algorhythm
Acquirer/Investor	Mumbai Angels
Target Country	India
Source: mumbaiangels.com

Mumbai Angel invests in Asiatic Clinical Research

2013-12-17T17:11:00.002+05:30

Particulars	Deal Details
Deal Year	-
Deal Type	Angel Funding
Sector	Healthcare, Clinical Research
Target	Asiatic Clinical Research Pvt. Ltd.
Acquirer/Investor	Mumbai Angels
Target Country	India
Source: MumbaiAngels.com

Bharati Airtel acquires stake in Warid Telecom

2013-12-17T17:02:00.000+05:30

Particulars	Deal Details
Deal Year	2010
Deal Type	M&A
Sector	Telecommunication
Target	Warid Telecom
Acquirer/Investor	Bharati Airtel
Target Country	Bangladesh
Source: The Hindu Business Line