Shark Tank Nepal is not just a reality TV show; it’s a platform for ambitious entrepreneurs who are already generating revenue and are ready to take their businesses to the next level. If you’re a business owner seeking investment to scale up, this is your chance to pitch your idea to some of Nepal’s most successful business moguls. In exchange for investment, entrepreneurs offer a percentage of equity or debt in their business.
But who are the Sharks, and what makes them the ultimate judges of your business potential? Let’s dive into the profiles of the brilliant minds who will be evaluating your pitches and potentially investing in your dreams.
Meet the Sharks of Shark Tank Nepal
Hem Raj Dhakal: The Visionary Leader
From transforming Nepal’s financial landscape to building a global conglomerate, Hem Raj Dhakal’s journey is nothing short of inspiring. As the co-founder of IME Group, he revolutionized Nepal’s remittance industry, creating a lifeline for millions of Nepali migrants working abroad. Today, IME spans banking, digital finance, energy, tourism, and technology sectors, employing over 13,850 people globally.
Dhakal’s expertise in scaling businesses and his passion for supporting startups make him an invaluable Shark. With successful investments in companies like Sastodeal and Fuse Machine, he’s committed to nurturing Nepal’s entrepreneurial ecosystem. Armed with degrees from MIT and Harvard Business School, Dhakal is a mentor who embodies the “Pioneering Spirit” of innovation.
Cabinet Shrestha: The Versatile Innovator
With over three decades of entrepreneurial experience, Cabinet Shrestha is a force to reckon with. As the Chairman of Agni Group, he transformed a small IT company into a multi-sector powerhouse operating across 65 locations in Nepal. From introducing electric vehicles to investing in education and hospitality, Shrestha’s forward-thinking approach sets him apart.
His philosophy of combining dedication, hard work, and discipline makes him a mentor who understands the delicate balance between innovation and business excellence. For contestants, he’s not just an investor but a guide who can help navigate the complexities of scaling a business.
Saurabh Jyoti: The Industry Titan
Saurabh Jyoti, Director of Jyoti Group, oversees a diversified business empire employing over 3,000 people. From steel and pharmaceuticals to hospitality and power, Jyoti’s leadership spans multiple sectors. His involvement in Nepal’s entrepreneurial ecosystem, including roles in the Nepalese Young Entrepreneurs Forum and SAARC Young Entrepreneurs Forum, highlights his commitment to fostering business leadership.
Jyoti’s passion for automobiles and motorsports adds a unique perspective to his role as a Shark. With investments in diverse sectors, he offers contestants not just funding but access to a vast network and multi-industry expertise.
Ritu Singh Vaidya: The Trailblazing Business Magnate
A former beauty queen turned business leader, Ritu Singh Vaidya is the Managing Director of United Traders Syndicate (UTS) and a key figure in the Vaidya’s Organization of Industries and Trading House (VOITH). Her business empire spans automobiles, heavy machinery, finance, and agriculture.
Ritu’s commitment to women’s entrepreneurship makes her a standout Shark. As a board member of the SAARC Chamber of Women Entrepreneur Council, she actively works to elevate women in business. Her journey from fashion designing to becoming one of Nepal’s most prominent business leaders is a testament to her strategic insight and determination.
Anand Bagaria: The Agribusiness Pioneer
Anand Bagaria is a visionary entrepreneur who has transformed Nepal’s agricultural landscape. As the founder of NIMBUS, a Rs. 13 billion enterprise, he connects with over 35,000 farmers across 70 districts. From launching Nepal’s first locally-made dog food brand to investing in technology ventures like Tootle, Bagaria’s innovative spirit is unmatched.
His commitment to social responsibility, demonstrated through initiatives like the Himalayan Climate Initiative, makes him an ideal mentor for entrepreneurs looking to build businesses that combine profit with purpose.
Who is Shark Tank Nepal For?
Shark Tank Nepal is designed for businesses that are already generating revenue and are seeking investment to scale up. If you’re a Nepali entrepreneur with a registered business that has been operational for at least one year, this is your opportunity to shine.
How Does Shark Tank Nepal Work?
- Apply Now: Applications are open! Follow the link HERE to submit your application.
- Initial Screening: Based on your application and reports, selected businesses will be called for the first round of interviews.
- The Pitch: Shortlisted businesses will pitch their ideas to the Sharks, offering stakes in their companies in exchange for investment.
- Negotiation: The Sharks can make counteroffers, and the negotiation continues until a deal is struck.
- The Outcome: Not all pitches will secure a deal, but even without investment, the Sharks may offer guidance and support.
How Much Investment Can You Expect?
Investment decisions are based on:
- The valuation of your business.
- Recent revenue generation.
- Your target market.
During the pitch, multiple offers and counteroffers may arise. Once a deal is agreed upon, the Sharks and entrepreneurs will discuss the degree of involvement, which could range from mentorship to hands-on guidance.
Why Apply for Shark Tank Nepal?
Shark Tank Nepal is more than just funding; it’s about gaining access to a network of experienced mentors who can help you navigate the challenges of scaling your business. Whether you secure a deal or not, the exposure and feedback from the Sharks can be invaluable.
So, if you’re ready to take your business to new heights, don’t miss this opportunity. Apply now and take the first step toward turning your entrepreneurial dreams into reality!
You may also like:
Nepal's business ecosystem is about to witness an exciting transformation with the arrival of Shark Tank Nepal. This globally renowned Read more
Saurabh Jyoti stands as one of Nepal's most dynamic business leaders, bringing his extensive experience in manufacturing, automotive, and technology Read more
Hem Raj Dhakal brings his pioneering entrepreneurial spirit and global business acumen to Shark Tank Nepal as one of our Read more
When entrepreneurs step into the Shark Tank Nepal, they face a panel of the country's most successful business minds. Among Read more
