The third episode of Shark Tank Nepal brought fresh ideas and hopeful entrepreneurs to the Tank. This time, businesses from skincare to healthcare products pitched their startups, looking for investment from the Sharks. Some succeeded in getting deals, while others did not, but all showed great passion.
Startups that got deals
Moon Wake
Founders Aakriti Jalan and Mohit Dhanawa came to Shark Tank Nepal with their skincare brand Moon Wake. Their business focuses on creating natural skincare products made with safe, eco-friendly ingredients, free from harmful chemicals. The goal of Moon Wake is to offer clean and conscious beauty solutions that are gentle on the skin and the environment.
During their pitch, they asked for NPR 15 lakhs in exchange for 10% equity in their company. The Sharks appreciated the passion behind the brand and the growing market for natural skincare in Nepal. Shark Ritu Singh was especially impressed by their product line and business potential. She decided to invest NPR 30 lakhs for 20% equity — offering double the amount the founders requested. This deal gave Moon Wake not only the funding they needed but also a strong mentor to help grow their brand.
Neil Orthotics
Another pitch was made by co-founders Braman Dev Sharma, Salin Sharma, and Shalja Sharma. They presented Neil Orthotics, a company that creates custom orthotic solutions to help people with foot pain and posture problems. Their products include specially designed insoles and supports, made to fit each person’s needs and improve overall foot health.
They asked for NPR 40 lakhs in exchange for 10% equity. The Sharks liked their focus on health and innovation. In the end, Sharks Hem Raj Dhakal, Cabinet Shrestha, and Saurabh Jyoti teamed up to invest NPR 60 lakhs for 30% equity, showing strong support for the business.
Startups that misses the deals
Jattis Agro Food Product
Founder Birendra Jattis pitched Jattis Agro Food Product, a company that manufactures beaten rice, a popular and traditional food item in Nepal. He came to the Shark Tank asking for NPR 1 crore in exchange for 10% equity in his business.
While the product was familiar and had cultural value, the Sharks had concerns about how the business could grow in a competitive food market. They were unsure about the company’s ability to scale and stand out among other similar brands. As a result, Birendra left the Tank without a deal.
Nepal Ayurveda
Another miss came from Dr. Bijendra Shah, who presented Nepal Ayurveda, a company that offers health products based on traditional Ayurvedic medicine. He asked for NPR 3 crore in exchange for 15% equity.
While the Sharks appreciated the effort to promote natural healing and preserve Ayurvedic practices, they had concerns about the high valuation and the business’s future growth. In the end, none of the Sharks made an offer, and Dr. Shah walked away without a deal.
Sharks excited about Nepal’s startups
This episode showed the Sharks’ strong interest in Nepal’s growing startup scene. Entrepreneurs learned to balance how much equity to offer with the investment amount they wanted. Shark Tank Nepal continues to be a great platform for Nepali startups to get funding and mentorship to grow their businesses.
