Check out First Cheque by Jungle Ventures: https://bit.ly/jungleFC

Jungle Venture's Website - https://bit.ly/jungleVC

00:00 Intro
00:33 Gear Head Motors
02:51 First Cheque
04:32 STAGE
06:11 Nirmalaya
07:19 Unstop
08:56 Perfora
10:13 Atmosphere Kombucha
11:29 Raasa Karts
12:45 MOPP Foods
13:57 Kyari Innovations
15:18 insideFPV

Founded in 2018, Gear Head Motors, initiated by Nikhil Gunda and Meher Sai, transitioned from converting cars to electric to manufacturing electric bicycles, creating their own technology. Despite a deal with Aman Gupta and Peyush Bansal on Shark Tank, they opted to merge their companies but later withdrew due to changed terms and lack of mentorship. Now, they've achieved significant growth, with FY24 revenue projected at 32 crore rupees, licensing technology to TATA and exporting to countries like Maldives, Mauritius, and Bangladesh.

Stage, established in 2019 by Vinay Singhal, Parveen Singhal, and Shashank Vaishnav, aims to be the Netflix for Indian language content, targeting Haryana and Rajasthan. Originating from the demise of their viral website, WittyFeed, due to Facebook's delisting post-Cambridge Analytica scandal, they rallied employee investors to launch anew. Despite initial Shark Tank success, Stage faced a departure from the deal by Peyush, yet they've achieved remarkable growth, boasting over 800,000 subscribers and an estimated monthly revenue of 4 crore rupees, marking a 10X increase from FY22's 3.85 crore rupees.

Nirmalaya, founded in 2020 by Bharat Bansal, Surbhi Bansal, and Rajeevv Bansal, produces charcoal-free incense sticks from recycled temple flowers. Despite not securing a deal on Shark Tank, having already raised $800,000, their focus was more on mentorship than investment. The exposure on Shark Tank significantly boosted their sales by almost 5X on the day of airing and continued growth of 3X thereafter,. Despite the lack of support from the sharks, Nirmalaya doubled its annual revenue run rate from 6 crore rupees during the episode's airing to 12 crore rupees.

Unstop, established by Ankit Aggarwal in 2017, provides a comprehensive hiring platform through hackathons and competitions. Despite securing a commitment from four sharks on Shark Tank, Ankit opted for a superior offer from other investors, receiving $5 million at a $25 million valuation, ten times the Shark Tank offer. Leveraging the show's marketing, Unstop's website traffic surged 20X, attracting numerous partnerships. With revenue reaching 16 crore rupees in FY22 and projected to hit 30-35 crore rupees in FY23, they've doubled their user base and customers, likely doubling revenues.

Perfora, established by Jatan Bawa and Tushar Khurana in 2021, offers non-toxic oral care products sold through their website and online marketplaces. Despite initially seeking 80 lakh rupees for 1% equity, they secured commitments from three sharks for 80 lakh rupees for 2.5% equity. Despite a withdrawal from Peyush, the deal proved beneficial. Following their episode, Perfora's customer base surged from 1 lakh to over 6 lakh, with revenue quadrupling, poised to achieve 100 crore rupees in ARR for 2024.

Atmosphere Kombucha was born out of Rebekah Sood's introduction to kombucha while studying in the US. Teaming up with her sister Ariella Blank, they filled a gap in India's market. Despite not securing a deal on Shark Tank, their D2C sales doubled post-episode, facilitating investor connections.

Raasa Karts, established by Manik Sehgal in 2022, aims to revolutionize the street food vendor industry, which generates massive revenue annually. Their comprehensive platform assists vendors with FSSAI licensing, Swiggy/Zomato onboarding, and vegetable procurement, freeing vendors to focus on growth.

MOPP Foods began in 2019 when Geetika Gupta, unable to find hygienic parathas and pakodas, launched Mad Over Parathas and Pakodas (MOPP Foods) online. Joined by her husband Gaurav in 2020, they expanded to three brands across three cloud kitchens, achieving an ARR of 6.5 crore rupees.

Kyari Innovations, founded by siblings Abhay Sharma and Smratika Sharma in 2017, crafts tech-enabled safety gear for wildlife enthusiasts, such as their flagship product, "Guardian," equipped with LED lights, alarms, and electric deterrents. Despite pending deals with Anupam and Peyush post-Shark Tank, the exposure expanded their market beyond expectations, garnering demand in the consumer sector, with over 15% of sales derived from B2C channels.

insideFPV originated as a college venture by VIT students Arth Chowdhary, Deyvant Bhardwaj, and Oshi Kumari, transitioning from building custom drones for their college to a business in 2020. By their Shark Tank appearance, insideFPV was already selling drones worth 5-6 lakh rupees monthly through their website, solely through organic means. Although impressed, delays in due diligence led to the founders rejecting the sharks' investment offers, as they felt undervalued.