Venture Garage makes a significant impact on Shark Tank, achieving a milestone with its first guest shark and Shark Tank’s inaugural exit both from its portfolio.
The standout success story revolves around Rare Planet, India’s largest airport retailer, which, post a deal on the show, has marked a historic achievement by securing the first-ever exit for a Shark with an impressive 3.5x return on investment. Founded during the initial year of BTech by Ranodeep Saha and later joined by Co-Founder Vijaya Kumar TR, Rare Planet exemplifies the opportunities and recognition that Venture Garage has brought to aspiring entrepreneurs in the country. Rare Planet was also Namita Thapar’s most talked brand.
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In a previous season, Vikas Nahar, founder of the healthy gourmet brand Happilo, an another company in the VG portfolio, appeared as the first guest shark. Offering nutritious snacking alternatives, Vikas, with an MBA from SCHMRD Pune, comes from a family deeply involved in pepper and coffee cultivation, fostering his natural entrepreneurial inclination. Happilo, now an industry leader, boasts a remarkable revenue run-rate of Rs 500 crore+, establishing a strong presence in e-commerce and retail stores nationwide.
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