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By Nishang Narayan
Published on April 20, 2025
Shark Tank India has become a household name, with its fourth season exciting aspiring entrepreneurs seeking both investment and validation. Some businesses walk away with the sharks’ money, while others—who may not get the deal—still go on to achieve great heights. Here's a look at a few startups that made it big, despite not securing funding on the show.
A revolutionary cooking device designed to save time, energy, and preserve nutrients, On2Cook impressed the Sharks with its ability to cook chicken in just 7 minutes while saving 70% of the cooking time and 50% of the energy. Created by inventor Sanandan Sudhir, this product gained significant traction even after failing to secure investment on the show. Post-appearance, the company raised Rs 17 crore in seed funding, hitting a valuation of Rs 100 crore. With patents in India, the USA, the UK, and Russia, On2Cook is now a trusted name in commercial kitchens across India and parts of the USA.
Twee in One by Niti Singhal offers reversible and convertible clothing, making it a smart, sustainable solution for travelers and fashion lovers alike. Despite mixed reactions from the Sharks, the product gained immense popularity, with one of the Sharks’ wives even spotted wearing a Twee in One dress. This brand continues to flourish by offering consumers more choices and versatility in their wardrobes.
Founded by Nidhi Gupta and Anju Bhagat in 2018, Shades of Spring is a floral gifting business offering farm-fresh flowers and bouquets. The brand's unique subscription model for regular deliveries of fresh flowers has resonated with consumers, and Shades of Spring is now valued at Rs 300 crores. Though the Sharks couldn't agree on equity, the company’s rapid growth and success post-show highlight its potential.
A first in India and Asia, Moonshine is a meadery producing the world’s oldest alcoholic beverage made with fermented honey, fruits, and spices. Despite a strong pitch, the founders, Rohan Rehani and Nitin Vishwas, were unable to strike a deal with the Sharks. They had sought Rs 80 lakhs for only 0.5% equity, but the Sharks wanted more. However, the brand is now valued at Rs 160 crores, proving that their innovative product has found its niche.
Founded in 2019 by Jameel Ruhi and Zamzeer Ahamad, Kunafa World introduced India to the Middle Eastern dessert Kunafa, which quickly became popular for its sweet, creamy flavors. Despite a glowing reception from the Sharks, the company couldn't close a deal. Today, Kunafa World is valued at Rs 18 crores, expanding its footprint and delighting dessert lovers across Bengaluru.
These ventures highlight that success in the startup world doesn’t always depend on a Shark Tank deal. These entrepreneurs' drive, innovation, and commitment have led them to rise above the rest, proving that passion and perseverance can make all the difference.
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Published on July 7, 2025
Marriott International has signed an agreement with Vardhman Amrante, an Oswal Group venture, to bring its premium wellness-focused Westin brand to Ludhiana. The Westin Ludhiana is slated to open in the last quarter of 2030, marking the brand’s debut in Punjab’s industrial and cultural hub.
Planned as part of a vibrant mixed-use development, the new hotel will feature 200 keys alongside retail outlets, a multiplex, and a gaming zone, adding fresh energy to Ludhiana’s growing urban landscape.
Highlighting Marriott’s strategic expansion into high-growth markets, Ranju Alex, regional vice president – South Asia, Marriott International, shared, “Through this collaboration, we aim to redefine guest service while unlocking Ludhiana’s potential. The Westin Ludhiana will empower guests to be the best version of themselves, maintaining their well-being even as they travel.”
Echoing the excitement, Adish Oswal, chairman of Oswal Group, said, “We’re thrilled to partner with Marriott International to bring the acclaimed Westin brand to Ludhiana. This development is set to become a landmark, offering a wellness-driven luxury experience that matches the city’s growing stature as a regional powerhouse.”
The Westin Ludhiana promises a robust mix of experiences — from multiple dining venues and a chic Lobby Bar to the WestinWORKOUT Fitness Studio, Heavenly Spa by Westin, and an outdoor pool. Business and leisure travellers alike will benefit from the expansive banqueting spaces, lush outdoor lawns, and an exclusive Executive Club Lounge.
With its focus on holistic wellness, the upcoming hotel underscores Marriott’s continued commitment to cater to evolving traveller needs and further strengthen its footprint across India.
Published on July 5, 2025
Hyatt Hotels is doubling down on its asset-light strategy with a major move—selling Playa Hotels’ real estate portfolio to Tortuga Resorts for $2 billion. This follows Hyatt’s acquisition of Playa in February for $2.6 billion, including debt. Playa operates 24 luxury all-inclusive resorts across Mexico, Jamaica, and the Dominican Republic.
The sale covers 15 of Playa’s resort assets, effectively reducing Hyatt’s net purchase price for the remaining Playa business to around $555 million. The deal, still pending regulatory nods in Mexico, is expected to close before the end of 2025.
As part of the arrangement, Hyatt and Tortuga will enter into 50-year agreements for these properties, allowing Hyatt to continue managing the resorts. Thirteen of the resorts will operate under Hyatt’s standard management fee structures, with two under separate agreements.
Hyatt CEO Mark Hoplamazian called the move transformational, noting it turns the Playa acquisition into a fully asset-light transaction. "It also ramps up our fee-based earnings," he added. Hyatt now anticipates its asset-light earnings mix could hit at least 90% by 2027.
Analysts view the swift real estate divestment positively, seeing it as a smart way for Hyatt to stay nimble while bolstering returns. Proceeds from this deal will primarily go toward repaying loans taken to finance the Playa buyout.
Novotel Visakhapatnam Varun Beach, a flagship Accor property, has proudly announced that it has been awarded the Green Key Certification, a globally recognised eco-label that underscores excellence in sustainable tourism and hospitality.
Granted by the Foundation for Environmental Education (FEE)—one of the world’s leading environmental education organisations and recognised by the Global Sustainable Tourism Council (GSTC)—the certification marks a significant milestone in the hotel’s ongoing efforts to integrate eco-friendly practices without compromising guest comfort or luxury.
Lakshmi Sridhar, General Manager, Novotel Visakhapatnam Varun Beach, said, “At Novotel Visakhapatnam Varun Beach, we believe that sustainability is not just a responsibility, but a way of life. Being Green Key certified reinforces our commitment to offering eco-conscious experiences that align with global environmental standards.”
The hotel has rolled out various impactful initiatives, from using clean, renewable energy and implementing robust waste management practices to driving water conservation, enhancing energy efficiency, and sustainably sourcing products. These measures are designed to benefit not only the environment but also the local community.
As travel trends increasingly lean towards conscious luxury and responsible tourism, this certification positions Novotel Visakhapatnam Varun Beach as a leader in sustainable hospitality in India.
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