Shark Tank India S02E05: Winston, Flatheads, Organic Smokes

Shark Tank India's Season 2 Episode 5 brings 3 exciting brands- an online platform for personal care products, a casual mens footwear brand, and a herbal cigarette brand. Let's look at how these brands performed at Shark Tank India Season 2. 

Winston

Winston brings joy in a woman’s life by bringing salon beauty to their homes. High quality technology-embedded products, Winston provides all top appliances including epilators, eyebrow trimmers, blackhead remover and much more to revitalise your beauty. 

Founders: Himanshu Adlakha and Nikita Adlakha 

Winston Ask from the Sharks in Shark Tank India

₹1 Crore for 4% equity at a valuation of ₹25 Crores. 

Offers for Winston at Shark Tank India

Offer 1: Vineeta and Anupam: ₹1 Crore for 10% equity, Valuation: ₹10 Crores

Did Winston Raise Funding at Shark Tank India Season 2? 

Yes. It raised ₹1 Crore for 10% equity at a valuation of ₹10 Crores from Anupam Mittal and Vineeta Singh. 

Flatheads 

Flatheads is a famous casual wear men’s shoe brand that gives you a T-shirt feel in your feet. Innovative materials that fit right into your lifestyle, Flatheads offers flexible, breathable and lightweight shoes. 

Founder: Ganesh Balakrishnan 

Flatheads Ask from the Sharks in Shark Tank India

₹75 Lakhs for 3% equity, Valuation - ₹25 Crores 

Offers for Flatheads at Shark Tank India

• Offer 1: Peyush: ₹75 Lakhs for 33.33% Equity, Valuation - ₹2.25 Crores on one Condition.
• Offer 2: Peyush and Vineeta: ₹75 Lakhs for 33.33% Equity, Valuation - ₹2.25 Crores 
  
  Peyush asks that Ganesh has do what is necessary to take this business to the next level. Including, getting people by offering them equity who can help this business reach heights. Let’s not start selling in the U.S. Basically, Ganesh has to restart the company. 
  

  Vineeta has an opinion that Ganesh has something in him. After seeing so many failures, you are here. So, she wishes to join Peyush’s deal. Conditions will be the same as Peyush stated. So, without burning any money - we have to find a product market fit. 

Did Flatheads Raise any Funds at Shark Tank India Season 2?

No. The founder Ganesh rejected Shark's offers and with a heavy heart, he promises he will work with a D2C brand, relearn everything, and restart his business. 

Organic Smokes 

World’s first cigarette brand that sells non cigarettes from natural ingredients like holy basil, rose petals, green tea, camellia sinensis and other exotic herbs. Approved by the AYUSH Ministry, these cigarettes are purely herbal and contain no nicotine or tobacco. 

Founders: Nitin Chhabra, Piyush Chhabra ad Gaurav Chhabra 

Organic Smokes Ask from the Sharks in Shark Tank India

₹1 Crore for 1% equity, Valuation - ₹100 Crores 

Offers for Organic Smokes at Shark Tank India

No shark made any offer to Organic Smokes at Shark Tank India. 

Did Organic Smokes Raise Any Funding at Shark Tank India? 

No. Organic Smokes failed to raise any funds at Shark Tank India Season 2. 

Which Brand Did You Like the Most at Episode 5 of Shark Tank india Season 2? 

The episode gave mixed feelings overall. Which brand did you like out of Winston, Flatheads or Organic Smokes? 

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