Shark Tank Nepal Episode 18 brought four new startups to the stage, each with their own ideas and dreams. Some walked away with a deal, while others left without investment but with valuable advice from the sharks.
Royal Hemp: A step towards sustainable fashion
Royal Hemp is a Kathmandu-based company making eco-friendly products from organic hemp grown in Nepal. They have a manufacturing unit in Bajura and create apparel, footwear, bags, and textiles. Founded in 2020 by Kiran Thapa and Samidha Shah, the company came to the tank asking for NPR 1 crore in exchange for 15% equity, valuing the business at NPR 6 crore. After negotiations, Shark Hemraj offered NPR 1 crore for 30% equity, and the founders accepted.
Diwakar Krishi Farm: Fresh and organic dairy products
Diwakar Krishi Farm focuses on producing organic, pure dairy products such as milk, curd, and other milk-based items. The company is led by CEO Pravakar Kafle, founder Diwakar Kafle, and marketing head Prasant Kafle. They asked for NPR 60 lakh for 8% equity, valuing the company at NPR 7.5 crore. Despite their passion for organic farming, the sharks decided not to invest.
Kayzee Traders: Sports products supplier
Kayzee Traders is a business that provides various sports products in Nepal. Founded by Krishna Gopal Kachepati, the company asked for NPR 35 lakh for 20% equity, giving it a valuation of NPR 1.75 crore. However, the sharks did not make an offer.
Vanity Men: Natural grooming products for men
Vanity Men is a Nepali brand that creates natural, chemical-free grooming products for men, such as beard oil, styling wax, and hair shampoo. Founder Samip Kafle came to the tank asking for NPR 1.5 crore for 10% equity, valuing his business at NPR 15 crore. The sharks appreciated the concept but chose not to invest.
Episode 18 ended with Royal Hemp as the only company to secure a deal, showing how passion for sustainability can impress the sharks. The other startups left with feedback and motivation to grow their businesses further.
