Shark Tank Nepal Episode 5, brought in another exciting round of entrepreneurs hoping to impress the Sharks with their passion and innovation. From software solutions to bakery products, each startup aimed to stand out and secure investment. While some walked away with deals, others left with valuable feedback and learning.
Startups that got deals
Goodwish Engineering
CEO: Vikrant Karki
Business: Software & IT Company
Ask: ₹1.75 Crore for 10% Equity
Goodwish Engineering, led by Vikrant Karki, pitched a comprehensive software and IT service company built to provide innovative tech solutions tailored for the Nepali market. The founders showcased a clear vision and strong technical foundation that caught the attention of all five Sharks.
In a standout moment, Sharks Hem Raj Dhakal, Cabinet Shrestha, Anand Bagaria, Ritu Singh, and Saurabh Jyoti collectively offered ₹2 Crore for 25% equity, valuing the company at ₹8 Crore. This was the best Shark deal of the episode, reflecting high investor confidence and strong potential for scale.
Manishankhar Pauroti Udhyog
Owner: Mani Shankhar Shah
Business: Bakery (Pauroti) Industry
Ask: NPR 12 Lakhs for 10% Equity
Bringing in the sweet aroma of fresh bread, Mani Shankhar Shah pitched Manishankhar Pauroti Udhyog, a local bakery business with ambitions to expand. The Sharks appreciated his dedication and the potential to modernize a traditional food segment.
Shark Saurabh Jyoti stepped in with an offer of NPR 15 Lakhs for 25% equity, giving the business a valuation of NPR 60 Lakhs and the funding boost it needed to grow beyond the local market.
Startups that missed deals
MACHINE PASAL
Co-founders: Priyesh Mahaseth, Nirmal Kumar Sarawagi
Business: Hardware and Machines Store
Ask: ₹1.5 Crore for 15% Equity
Valuation: ₹10 Crore
MACHINE PASAL introduced itself as a platform for supplying hardware and machinery tools, aiming to bridge gaps in the local supply chain. While the business had a clear market and decent traction, the Sharks raised concerns over differentiation, scalability, and competition in the B2B space.
Despite a confident pitch, no deal was made.
Kick Lifestyle
Founder and CEO: Kumod Begwani
Business: Selling tech accessories
Ask: ₹1.5 Crores for 5% Equity
Valuation: ₹30 Crores
Kick Lifestyle showcased a vibrant line of tech accessories designed for everyday use. While the branding and packaging were impressive, the Sharks questioned the high valuation and sustainability in a crowded accessories market.
Ultimately, the founder left without a deal, but with solid advice on refining the business model and pricing strategy.
Sharks bullish on Nepali startups
This episode once again highlighted the Sharks’ growing enthusiasm for Nepal’s startup ecosystem. Whether it was a software company landing a mega deal or a bakery getting funds to scale, the show continues to fuel entrepreneurship by offering capital and mentorship.
