Shark Tank Nepal (Season 1)
Series Details:
| Based on | Shark Tank |
| Country | Nepal |
| Language | Nepali |
| Genre | Business Reality Show |
| Season | 1 |
| Episodes | 20 (expected) |
| Release date | March 2025 (expected) |
| Aired on | TBA |
| Running time | TBA |
| Sharks | Hem Raj Dhakal, Cabinet Shrestha, Ritu Singh Vaidya, Anand Bagaria, Saurabh Jyoti |
| Presented by | TBA |
| Directed by | Simosh Sunuwar |
| Original Network | Himalaya TV HD |
Trailer, Teaser & Video:
Shark Tank Nepal (Season 1) Sharks:
The first season will feature Hem Raj Dhakal, co-founder of IME Group, Cabinet Shrestha, managing director of Agni Group, Ritu Singh Vaidya, managing director of Vaidya Group, Anand Bagaria, managing director of Nimbus Holdings Pvt Ltd, and Saurabh Jyoti, director of Padma Jyoti Group. The show will also include two guest sharks, who will join in later seasons.
| Shark | Company |
|---|---|
| Hem Raj Dhakal | Co-founder & Managing director of IME Group |
| Cabinet Shrestha | Managing director of Agni Group |
| Ritu Singh Vaidya | Managing director of Vaidya Group |
| Anand Bagaria | Managing director of Nimbus Holdings Pvt Ltd |
| Saurabh Jyoti | Director of Padma Jyoti Group |
Concept:
The show features a panel of potential investors or angel investors, termed as “Sharks”, who listen to entrepreneurs pitch ideas for a business or product they wish to develop. These self-made multi-millionaires judge the business concepts and products pitched and then decide whether to invest their money to help market and mentor each contestant.
About Shark Tank Nepal (Season 1) TV Series:
Shark Tank Nepal is a Nepalese business reality television series that airs on Himalaya TV HD. The show is the Nepali franchise of the American show Shark Tank. Shark Tank Nepal is for businesses already generating revenue and looking to secure investment to scale up. Entrepreneurs must present data about their business while seeking investment in exchange for a percentage of equity or debt.
The show will feature five entrepreneurs in each episode. Throughout 20 episodes, 100 entrepreneurs will pitch their business ideas. The sharks have committed to securing investments between Rs 350 million and Rs 400 million for promising businesses.
The program is set to begin filming in mid-February, with the first episode expected to air within three months. Filming will take place at the Everest Hotel in New Baneshwar.
Who is it for Shark Tank Nepal (Season 1)?
Shark Tank Nepal is for businesses already generating revenue and looking to secure investment to scale up. Entrepreneurs must present data about their business while seeking investment in exchange for a percentage of equity or debt.
What are the requirements to participate?
- The business has to be registered
- Founders need to be Nepali citizens and
- The business should have at least 1 operational year completed.
How does it work?
The applications are open for now. Please follow the link HERE. Once you apply, you will be contacted for further screening upon selection.
Initial screening will be based on the application and reports submitted. The selected businesses will be called for the first round of interviews.
The business that will be featured on the show will be shortlisted and the business owners are required to pitch the idea before the investors. The businesses need to offer stakes of their companies against the investment they are seeking.
The sharks can make counter offers and the negotiation can go on until the deal gets cracked. The business owners should be well aware that not all business idea gets the deal. If they could not get the sharks convinced, they will have to return empty-handed.
The sharks, however, can offer to help and support any particular business with or without making an investment.
Shark Tank Nepal (Season 1) Application Date:
For the first season of Shark Tank Nepal applications are open until 15 January 2025 (2 Magh).
How much investment can you expect?
The investment decisions will be made based on the following parameters.
- Valuation of the business made by the founders.
- The volume of revenue being generated in recent months.
- The target market of the business.
The journey of the businesses that get funded:
During the pitch, there may be multiple offers and counteroffers exchanged between the sharks and the entrepreneurs.
Once a deal is agreed upon, further discussions will take place, either on or off-camera, to determine the extent of the sharks’ involvement in the business. This involvement is entirely based on the mutual agreement between the parties, and the show does not influence how the sharks engage with the business after it concludes.
Entrepreneurs seeking mentorship and guidance in addition to investment can propose such terms, but this depends on the availability and willingness of the sharks.
Shark Tank Nepal (Season 1) Episodes, Pitches and Investments by Sharks:
Update soon…