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Shark Tank India: Turning TV exposure into startup growth
MINT· 2026-01-17 00:20
Core Insights - Shark Tank India has evolved into a marketing accelerator, providing startups with significant national visibility that can enhance brand equity and reduce customer acquisition costs [2][5][12] Group 1: Impact on Startups - Startups like Smylo experienced a five- to six-fold increase in organic followers and a nearly 30% reduction in customer acquisition costs after appearing on the show [3][4] - Get-A-Way Ice Cream saw its revenue grow from ₹7.9 crore in FY23 to ₹14.8 crore in FY24, with a tenfold increase in website traffic following its episode [7][9] - Zoff Foods saved ₹10-15 crore in marketing spends due to increased visibility, allowing it to secure distribution deals with major grocery chains [13][14] Group 2: Investment and Valuation - Smylo received ₹75 lakh for 1% equity, valuing the company at ₹75 crore [4] - Get-A-Way secured a ₹1 crore investment for 15% equity, leading to a valuation of about ₹20 crore [11] - Snitch scaled its revenue from ₹11 crore in FY21 to over ₹500 crore by FY25, raising approximately ₹300 crore in Series B funding at a valuation of around ₹2,500 crore [15] Group 3: Marketing and Branding - The show has become a powerful marketing engine, with brands leveraging the "As seen on Shark Tank" tag to enhance their visibility [25] - Lahori Zeera, a beverage company, used sponsorship of the show as a branding platform, allocating about 20% of its annual marketing budget to this initiative [21][22] - The audience profile of Shark Tank India skews urban and male, attracting new-age, digital-first brands [23] Group 4: Distribution and Market Access - The visibility gained from Shark Tank significantly shortens onboarding cycles for brands in modern trade and quick-commerce platforms [12] - Brands like Zoff Foods were able to break into larger grocery chains due to the visibility gained from their Shark Tank appearance [13] Group 5: Long-term Sustainability - Experts note that while initial visibility boosts sales, long-term growth relies on optimizing product mix and building repeat demand [4][5] - Many Shark Tank brands face challenges in profitability and long-term scale despite early top-line growth [19][20]
Success is shared, not the result of one’s effort alone | Amornphan Aramwatananont | TEDxAssumptionU
TEDx Talks· 2025-07-21 16:35
Business Overview & Growth Strategy - The company is a leading tuna and pet food producer with over $1 billion USD in revenue in 2024 [3] - The company owns the leading cat food brand in Thailand with over $80 million USD in revenue [1][3] - The company invested over $130 million USD to increase capacity and capability in pet food production [14] - Pet food revenue grew from $40 million to $400 million USD within 10 years, a 900% increase [14] Leadership & Teamwork - Success is attributed to collective effort and strong support from people [2][16] - Strong leadership during challenging times builds confidence and motivates the team [10] - Building trust with customers, suppliers, and creditors is crucial for business success [9] Opportunity & Legacy - Being grateful for every opportunity and using privilege with purpose is emphasized [7][17] - Creating a legacy and sharing success with others is a key leadership principle [12][16] - The company emphasizes the importance of continuous improvement and innovation to create new opportunities [13]
Better Choice Sells Halo’s Business in Asia for $8.1 Million in Total Gross Proceeds Including $6.5 Million in Cash Up Front, the Equivalent of $3.34 Per Share
Globenewswire· 2025-04-16 12:45
Core Insights - Better Choice Company, Inc. has successfully sold its Asian business through its subsidiary Halo, Purely for Pets, Inc. for total gross proceeds of $8.1 million, which includes $6.5 million in cash and a 5-year royalty agreement [1][3][4] - The transaction allows Better Choice to focus on its core health and wellness product portfolio while creating an additional revenue stream through the royalty arrangement [3][4] - The company aims to maximize shareholder value by optimizing its asset portfolio and improving financial flexibility, which may include stock repurchase programs or further dividends [4] Company Overview - Better Choice Company, Inc. is a rapidly growing pet health and wellness company that focuses on nutrition-based approaches to pet health, positioning its brands to benefit from trends in pet humanization and consumer health consciousness [5] - The company primarily sells dog food, cat food, and treats under the Halo brand, emphasizing sustainably sourced ingredients and minimally processed options [5]