Namita Thapar, one of the seven sharks from Shark Tank India is one of the famous and leading businesswomen in India. She is currently the executive director of Emcure Pharmaceuticals Limited. Namita Thapar was born in Pune on 21st March 1977. She is a qualified Chartered Accountant and a graduate in MBA from the Duke’s Fuqua School of Business. Thapar serves as the board member, speaker and trustee in various prestigious organizations. She also runs a company named Incredible Ventures Pvt Ltd. to educate and create an experience in business for future entrepreneurs.
Besides educating, Namita Thapar encourages budding entrepreneurs by investing in their startups. She claims to have invested a sum of around ₹10 crores in 25 startups from season 1 of Shark Tank India. This article gives a complete overview of all the investments made by Namita Thapar so far.
Startups Funded by Namita Thapar
- Bummer
- Skippi Pops
- Menstrupedia
- Altor
- Nuutjob
- Farda
- Auli Lifestyle
- Annie
- The Renal Project
- Cocofit
- Beyond Water
- Find Your Kicks India
- Aas Vidyalaya
- WeSTOCK
- InACan
- Sunfox Technologies (Spandan)
- Rare Planet
- Watt Technovations
- Wakao Foods
- Kabaddi Adda
- Colour Me Mad
- Nomad Food Project
- TagZ Foods
- Sneakare
- Store My Goods
Startups Funded by Namita Thapar
Here is the list of startups funded by Namita Thapar and the investment she has made into the startups.
Bummer
The Bummer is an underwear company that offers comfortable underwear for men and women. They aim at delivering the best and the softest fabric possible to the customers. The Bummer was the first startup invested by Namita Thapar in Shark Tank India. This startup asked for ₹75 lakhs investment for 4% equity. The fabric's quality and designs attracted Namita Thapar to invest ₹37.5 lakhs for 3.75% equity in this startup.
Skippi Pops
Skippi Pops delivers 100 per cent natural Ice Pops with all-natural colors, preservatives and sweeteners. Owned by Kabra Global Products Pvt Ltd., it is India's first Ice Pop brand. Skippi Pops made another achievement in Shark Tank India by becoming the first company to grab the attention and investment of all the sharks in the show. Namita Thapar invested ₹20 lakhs for a 3% equity in Skippi Pops.
Menstrupedia
The couple, Aditi Gupta and Tuhin Paul, started Menstrupedia Comic in 2012. The company’s primary aim is to create and spread awareness of menstruation through its comics. The right thing the founders did was to present their pitch before Namita Thapar, who has been in the pharma industry for years. For a 20% equity in Menstrupedia, Thapar offered the asked amount of ₹50 lakhs and the founders accepted the deal.
Ashwini
Altor
Altor is a smart helmet company founded by a team of college graduates. They made the helmet with good impact protection and features like Google Assistant, Bluetooth connectivity, audio navigation, and many such facilities. Altor received ₹25 lakhs for 3.5% equity from Namita Thapar, who got attracted by the product's advanced features and the founders' noblest idea.
Nuutjob
Nuutjob is a male intimate hygiene company started by two sisters from Ahmedabad. It is a unique business idea and a taboo topic to speak about in India. Initiating such an idea into a business concept by these two sisters was widely appreciated. Namita Thapar agreed to invest ₹8.33 lakhs in Nuutjob in return for 6.66% equity in the company.
Farda
A stylish streetwear brand, Farda is a customized denim clothing company founded by Chahat Pahuja and Sanskar Mishra. Farda offers unique and cool designer clothes that can be altered as per the customer's requirements. The pitching and the presentation made by the founders were so fantastic that they instantly attracted our angel investor. Namita offered to support these young talents by investing ₹15 lakhs for 10% of the company’s equity.
Lakshya Singh
Auli Lifestyle
Aishwarya Biswas, the founder of Auli Lifestyle, pitched her idea for a fund requirement of ₹75 lakhs. Auli Lifestyle is a company that manufactures Ayurvedic products for skincare and markets them in a few states of India. The company has its retail stores to sell the products. The idea of Auli Lifestyle pleased Namita Thapar to invest the entire sum of ₹75 lakhs. She was willing to take 15% equity in return for her investment, to which the founder agreed.
Annie
Annie is the product of Thinker Bell Labs, which four peers from college co-founded. Prominent investors like Anand Mahindra have already backed the company. Coming to Shark Tank India, the co-founders made their presentation through a 10-year old visually impaired kid. This attracted the sharks to invest ₹1.05 crores (the original ask was 30 lakhs), out of which Namita contributed ₹35 lakhs for 1% equity in the company.
The Renal Project
The Renal Project is a healthcare service business that entered Shark Tank India with an original ask of ₹1 crore. This company helps patients requiring dialysis through its home and in-centre dialysis services. The Renal Project’s business execution captivated the judges to invest in the company. Namita Thapar offered to invest ₹50 lakhs and provide support through her pharma links for the business development. She, in turn, agreed to 3% equity that sealed the deal.
Cocofit
Cocofit is a franchise business that deals with coconut-based beverages. The founders pitched their business in Shark Tank India and startled the judges by their asking amount. They asked ₹5 for 5% equity in the company. Cocofit’s beverages impressed all the sharks, but only three of them showed interest in investing. Namita Thapar agreed to invest her part of ₹1.67 for a share of 1.67% in the company.
Beyond Water
Beyond Water established its business as India’s first liquid enhancer. The product adds some taste and colour to the water we drink to make it fun and healthy. Beyond Water also adds some nutritious value to the water. Namita Thapar’s field of expertise makes her invest more in health-related startups. She was convinced with Beyond Water’s business idea and infused ₹37.5 lakhs for 7.5% ownership in the company.
Damini Bhandary
Find Your Kicks India
Find Your Kicks India is one of the few companies that received an ‘All Shark Deal’ in the Shark Tank India show. Though her business is in no way related to sneakers, Namita Thapar was so excited during the presentation right from the beginning. Find Your Kicks India is involved in buying, selling and trading top brands and limited edition sneakers. Thapar put in her ₹10 lakhs for 5% equity with the ‘All Sharks Deal’ made at ₹50 lakhs.
Aas Vidyalaya
Aas Vidyalaya is an EdTech company founded with a mission to encourage rural education. The founders made it an ‘Anywhere Anytime’ online school for the convenience of rural students alongside following the NCERT guidelines. The mission they had for the company was so clear, which induced Namita Thapar to invest a sum of ₹50 lakhs and her valuable EdTech background for 5% ownership in the company.
WeSTOCK
WeSTOCK is an amazing device designed by Brainwired for monitoring the health of livestock. For now, this device monitors and updates the health of cows and is expected to be expanded for all livestock. When a startup related to health pops up, Namita Thapar finds a way to share her expertise in the company’s development. She readily agreed to invest ₹15 lakhs for 2.5% equity and the same was offered by Aman, Peyush and Ashneer too.
InACan
InACan, a cocktail startup, won the 'All Shark Deal' in the Shark Tank show. The company received the sum of twice what they originally asked from the sharks. A deal of ₹1 crore was agreed between the sharks and the founders for 10% equity in the company. Out of that, Namita Thapar made one-fifth as her investment for 2% ownership. InACan's mission is to give a fantastic bar experience to the customers at their place. So they manufacture delicious and low-calorie cocktails that are made available in 250ml cans. This makes the drinks easy to carry, store and ready to drink anywhere and anytime.
Sunfox Technologies (Spandan)
Here comes another 'All Shark Deal'. Spandan's portable ECG device grabs all the sharks' attention and investment from the show. The company created a small compact device to help people know their ECG, BP and blood sugar levels. They aim at reducing undiagnosed health failures and death rates by offering affordable health monitors to keep constant track of our bodies. Spandan offered 6% equity (1.2% each) to get ₹20 lakhs from each of the five sharks.
Rare Planet
Rare Planet unites thousands of rural artisans to create handicrafts and markets them through retail stores and online platforms. The amount of hard work, marketing strategies, and creativity in their products made Namita Thapar fund the company. Rare Planet asked for a sum of ₹65 lakhs and Thapar contributed the entire money in return for 3% equity in the company.
Watt Technovations
The founder of Watt Technovations, Nihaal Singh Adarsh, is a 19-year old student keen on giving shape to his innovative ideas. He pitched his idea of reducing the difficulties in using PPE kits for long hours during his Shark Tank India show. He asked for ₹101 for 2% shares in his company. Later, he even increased his offer on equity to 4%. None of the judges was impressed by his business idea, but they all appreciated and encouraged his passion for innovation. As a means of motivation, four out of five sharks, including Namita Thapar, agreed to give him the asked amount of ₹101 (₹25 each from Namita, Peyush, Ghazal and ₹26 from Anupam) for 4% equity and they offered to support him in his future endeavours.
Wakao Foods
Wakao Foods is a ready-to-cook and ready-to-eat food manufacturer in India. The base for all its food products is jackfruit. Wakao offers vegan foods made out of jackfruit with no added preservatives. The founder’s confidence and clarity in the business and the quality of the product convinced Namita Thapar to invest ₹25 lakhs in Wakao foods for equity of 7%.
Kabaddi Adda
In our country, where cricket crowns the world of sports, this startup has come to promote Kabaddi and bring in more fans and players into the sport. Kabaddi Adda conducts leagues, broadcasts them on OTTs, finds the talents and open a way for them on national and international stages. The founders inspired Namita and Vineeta to invest ₹40 lakhs each. They concluded the deal in return for 3% equity for each shark.
Colour Me Mad
Colour Me Mad is a customized footwear company that addresses osteoporosis problems through its products. This startup offers customized soles for your footwear that keeps feet and bones comfortable and free from strains. Namita Thapar funded the company with ₹40 lakhs for 25% equity in Colour Me Mad. Though she was not happy with the sales figure, Namita understood the problems of osteoporosis. She believed that this customized footwear could be a solution to it.
Nomad Food Project
Nomad Food Project is a startup that deals in the manufacturing and selling of bacon-related jams and relishes. This company has centred their productions with bacon and tried different dishes around it. Nomad Food’s uniqueness in trying creative bacon and other dishes and excellent marketing allured Namita Thapar to invest ₹10 lakhs for equity of 5% in the company.
TagZ Foods
TagZ Foods is a potato chips company based in Bengaluru that uses an innovative technique to produce chips. The startup promises 50% less fat in its products because they don’t fry or bake the potatoes; instead, they use a popping technology. The founders pitched their business in Shark Tank India and convinced Ashneer and Namita to invest in their company. However, the amount invested by both the sharks remains undisclosed.
Sneakare
Sneakare is a company that produces accessories and other products required for protecting your sneakers. This startup sells items that help protect the sneakers from damage and ensure proper storage of them. Namita Thapar invested in Sneakare, but the exact amount of funding is not known yet. The founder’s original ask was ₹50 lakhs for 10% equity in the company.
Store My Goods
Store My Goods offers customized and hassle-free storage facilities for businesses, companies and individuals. The founders pitched their business in the Gateway To Shark Tank India and impressed the sharks Peyush Bansal and Namita Thapar. It was a joint deal and Namita’s investment was for ₹25 lakhs for 2% equity and another ₹25 lakhs as debt at 12% interest when needed.
Conclusion
Namita Thapar is a charming, optimistic and keen investor who invests in diverse business areas. Though her pharmaceutical background kept her perceptive to health-oriented startups, she doesn’t fail to encourage and invest in other businesses too. Thapar’s love, passion and support for new entrepreneurs is appealing and we can hope to see more such investments from her in the future.
FAQs
Who is Namita Thapar?
Namita Thapar is the executive director at Emcure Pharmaceuticals Ltd.
What are the qualifications of Namitha Thapar?
She is a chartered accountant and an MBA graduate from Duke's Fuqua School of Business.
What is the net worth of Namitha Thapar?
Namita Thapar's net worth is estimated to be around ₹600 crores (2021).
How much investment has Namita Thapar made in Shark Tank India?
She has made an investment of ₹10 crores in 25 companies in the season 1 of Shark Tank India.
Source :- https://startuptalky.com/ Author :- Bharath Date :-February 18, 2022 at 06:58PM