Shark Tank Bangladesh has hit a major milestone in its debut season, amassing 10 crore BDT in investments. This achievement underscores the show’s vital role in fostering innovative businesses across the country.
Throughout the season, many groundbreaking ventures captivated the Sharks. Notable investments included ‘Palki Motors’ (Bangladesh’s first electric vehicle company), ‘Booktionary’ (an online bookstore), ‘Pulse Tech’ (a medical software company), ‘Ostad’ (a career counseling service), ‘Notun Kichu’ (a daycare service), and ‘Motsho’ (a seafood business).
The 10 crore BDT milestone was reached in the electrifying 10th episode aired last Friday, featuring four unique businesses, each securing investments from the Sharks.
Shotota Traders
Shotota Traders makes eco-friendly floor carpets from recycled plastic and a special type of grass. Although stylish and sustainable, they didn’t secure a deal this time.
Soya Gallery
Soya Gallery offers homemade health foods like Tofu, Masala Tofu, and Soya Milk. They secured a deal of 20 lakh BDT in cash and 10 lakh BDT in marketing/advisory assistance for 20% equity, reflecting the Sharks’ confidence in the organic food market’s potential.
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Dubo Tech
Dubo Tech, a deep-tech startup focused on autonomous underwater technology for tourism, naval, and port inspection industries, bagged a 50 lakh BDT deal and access to R&D facilities for 10% equity. The Sharks were impressed by their cutting-edge tech and strategic partnerships.
Recipe Food Products Limited
Recipe Food Products Limited, committed to producing and selling 100% organic products, didn’t land a deal this time. Despite their quality commitment, the Sharks decided to pass.
Episode 10 showcased the incredible diversity and innovation of local entrepreneurs. While not all businesses secured deals, they demonstrated unique strengths. Successful pitches by Soya Gallery and Dubo Tech highlighted the Sharks’ interest in health-focused and tech-driven businesses, setting a high bar for future episodes.
Catch new episodes of Shark Tank Bangladesh every Friday at 10 PM on the OTT platform Bongo. Previous episodes are available for free anytime.
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Shark Tank Bangladesh is supported by Robi as the “Title Sponsor”, Startup Bangladesh as “Powered by Sponsor”, Tally Solutions as “Co-Sponsor”, Prime Bank as “Banking Partner”, Olympic Foodie Instant Noodles as “Snacks Partner”, Sunquick as “Beverage Partner”, Yellow by Beximco as “Wardrobe Partner”, Kloth Studio as “Style Partner”, Miniso as “Gift Partner”, Holiday Inn as “Hospitality Partner”, Euro Vigil Security Service as “Security Partner”, Raw Exposure as “Photography Partner”, Live2web as “Backstory Partner”, Chows as “Restaurant Partner”, Tiktok as “Entertainment Partner”, and Concito as “PR Partner”. The show is produced by Red Dot Communications.
