PremiumShark Tank India: Ashneer Grover catches up with his investee whose growth tripled in six months
Manas Madhu, founder of Beyond Snacks, was one of the first contestants on the show, Grover invested in
Last Updated: 07.35 PM, Apr 11, 2022
Shark Tank India’s stage helped several aspiring entrepreneurs secure deals with the expert sharks. Many viewers would be curious to know how the entrepreneurs and their businesses fared with the shark’s support after their appearance on the show. Well, here’s an update. Ashneer Grover recently shared the story of one of the first entrepreneurs to secure a deal on the show and how his business is doing now.
In an Instagram post, Grover, the former founder of BharatPe posted a photograph of himself with Beyond Snacks founder, Manas Madhu. In the caption, he talked about how Madhu’s business had grown almost three times within six months. He also mentioned that Madhu had walked away with one of the first deals on the show.
Check out Grover’s post below:
Beyond Snacks also shared a photograph of its founder with Grover, thanking the latter for his support.
On Shark Tank India, Madhu pitched his snack brand which provides a healthier, more hygienic version of traditional Kerala style banana chips in different flavours. The sharks including Shaadi.com’s CEO and founder, Anupam Mittal, boAt co-founder and CMO, Aman Gupta, Emcure Pharmaceuticals’ executive director, Namita Thapar, Lenskart’s co-founder and CEO, Peyush Bansal and Grover were impressed by the vibrant pitch and product. Mittal and Bansal offered Madhu a deal, which asked for a higher stake than what the entrepreneur had initially offered. But then Grover and Gupta came in on a deal together, matching up with Madhu’s initial offer for Rs 50 lakhs for an equity stake of 2.5% in his company. The entrepreneur readily accepted Gupta and Grover’s deal.
The first season of Shark Tank India is available for streaming on SonyLIV.