Kabaddi Adda on Shark Tank
One of the most talked show in the nation is Shark Tank. Many fans has been following the show from the very beginning , On Shark Tank, we have seen many new upcoming startup come to Shark tanks and present their ideas to Sharks (Investor) and they decide if they want to invest in their businesses. The Sharks aka Investor of the shows are popular and very successful in their respective fields.
— Suhail Chandhok (@suhailchandhok) January 25, 2022
Introduction of Sharks
|Aman Gupta||CMO and Co-Founder of boAt Headphones|
|Ashneer Grover||Founder of BharatPe|
|Vineeta Singh||CEO of Sugar Cosmetics|
|Anupam Mittal||CEO and Founder of Shaadi.com|
|Namita Thapar||Emcure Pharmaceuticals|
In the recent episode of Shark Tanks, the first sports-based start-up was introduced by the judges called “Kabbadi Adda”
What is Kabaddi Adda?
Founded in 2019, A start-up based out of Bangalore with vision of making Kabaddi back to its popularity once again in India. Kabaddi Adda is a Sports Streaming start-up which provides Kabaddi News, Live Scores, Kabaddi Updates and was recently featured in Shark Tank India. On Kabaddi Adda you get to see everyday kabaddi matches and live video with news.
Kabaddi Adda | Shark Tank India
|Company Name||Kabaddi Adda|
|Founders||Arvind Sivdas, Suhail Chandhok, Dhanya Sivdas|
|Business Category||Kabaddi News, Video, Players Interview, Match Reports and Streaming|
|Net Worth||4 Crore|
|Funding asked for||80 Lacs for 1 % Equity|
|Final Deal||80 lacs for 6 % Equity|
|Investor (Shark)||Vineeta Singh and Namita Thapar|
|TV Show||Shark Tank|
|Episode||Season 1 Episode 30|
How did Kabaddi Adda closed the Final deal?
— Suhail Chandhok (@suhailchandhok) January 28, 2022
On the 30th Episode of Shark Tank, the co-founder of Kabaddi Adda- Suhail Chandhok and Arvind Sivdas demanded 80 lakhs rupees in investment for a 1% share of his company in Shark Tank India, However the two sharks, Namita and Vineeta were interested in the deal as they offered Kabaddi Adda raised INR. 80 lakh for 6% equity at a valuation of INR. 13.33 crore.
As we all know, There is no shortage of ideas in India but funding plays an important role, so having shows like Shark Tank would not only provide the funds but also gave a direction for the right concept for sports start-ups. So the idea of starting an show like Shark Tank would really do a lot of good for up-and-coming entrepreneurs and will also motivate more people to think out-of-the-box!