Startups That Made It Big Despite Not Getting Funded at Shark Tank

Startups That Made It Big Despite Not Getting Funded at Shark Tank

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.

On2Cook

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

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.

Shades of Spring

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.

Moonshine

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.

Kunafa World

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.


JW Marriott Mumbai Sahar Illuminates Diwali with Purpose through a Meaningful Collaboration with Salaam Baalak Trust

JW Marriott Mumbai Sahar Illuminates Diwali with Purpose through a Meaningful Collaboration with Salaam Baalak Trust

By Manu Vardhan Kannan

Published on October 18, 2025

This Diwali, JW Marriott Mumbai Sahar celebrates the festival of lights with a special act of giving that beautifully blends hospitality with heart. In a heartfelt collaboration with Salaam Baalak Trust, an NGO dedicated to empowering street and working children, the hotel hosted a meaningful ladoo-making activity to spread joy, inclusion, and festive warmth.

Children from Salaam Baalak Trust were welcomed into the hotel’s kitchen, where they spent the day alongside JW Marriott’s talented culinary team learning the art of preparing traditional Diwali sweets. The experience was filled with laughter, learning, and celebration, bringing alive the true essence of Diwali, one of togetherness and compassion.

Through this thoughtful initiative, JW Marriott Mumbai Sahar reaffirmed its commitment to community-driven hospitality, using its platform to inspire meaningful connections and foster social impact. The event reflected the brand’s belief that true celebration goes beyond decoration, it lies in touching lives and creating memories that last.

As the hotel glows with the light of a thousand diyas, it also illuminates something even brighter, the smiles and hopes of young hearts, reminding everyone that the spirit of Diwali shines brightest when shared with others.


The LaLiT Redefines Hospitality: When Purpose Drives Profit

The LaLiT Redefines Hospitality: When Purpose Drives Profit

By Hariharan U

Published on October 17, 2025

As rising costs challenge India’s hospitality sector, The LaLiT Hotels, Palaces and Resorts stands out for proving that purpose and profit can grow together. Proudly inspired by the Make in India spirit, the brand has built a model where conscious business practices rooted in Indian values create both social impact and steady growth.

At the centre of this approach is The LaLiT Loyalty 2.0, a reimagined loyalty program that’s more than just about offers and rewards. In partnership with Points for Good, guests can now donate their loyalty points to meaningful social causes. Every stay becomes a chance to make a small but powerful difference.

Loyalty programs have long been seen as a cost to manage,” says Mr. Rakesh Mitra, Chief Financial Officer at The LaLiT Suri Hospitality Group. “But we see them as an investment in brand trust and emotional connection. When a guest aligns with our inclusive philosophy, their loyalty deepens far beyond financial rewards. That’s brand capital that grows exponentially.”

The impact of this thinking is already visible. Over the next few years, the brand expects stronger guest retention and higher engagement across its hotels, restaurants, and events. Guests are showing that they value brands that stand for something bigger than transactions.

But The LaLiT’s story goes beyond numbers. Guided by its People First philosophy, the group’s focus on inclusive hiring, sustainability, and community empowerment has become its guiding principle. This approach not only strengthens the workforce and reduces attrition but also builds emotional trust with guests who see the brand as a force for good.

Our approach isn’t about competing on price,” adds Mr. Mitra. “It’s about creating genuine value. When a guest knows their stay supports local livelihoods or sustainability efforts, it’s no longer just a hotel booking, it’s participation in a shared purpose.”

This mindset also shapes The LaLiT’s business direction. The group continues to expand steadily through financial discipline, debt reduction, and an asset-light growth model, ensuring progress without compromising its values. It’s a sustainable way to grow, balancing profitability with long-term brand resilience.

Looking ahead, The LaLiT aims to take Loyalty 2.0 to new heights by building partnerships with airlines, fintechs, and lifestyle brands. These collaborations will create a wider ecosystem of engagement, giving guests more ways to connect with causes that matter to them.

As India’s hospitality industry faces tighter margins and greater competition, The LaLiT is proving that business success doesn’t have to come at the cost of purpose. It’s showing that in today’s world, doing good is also good business.


Sterling Launches Govardhana Malampuzha, Introducing Kerala’s Garden Valley as a Signature Getaway

Sterling Launches Govardhana Malampuzha, Introducing Kerala’s Garden Valley as a Signature Getaway

By Hariharan U

Published on October 15, 2025

Sterling Holiday Resorts, one of India’s leading experiential hospitality brands, has unveiled its newest destination, Sterling Govardhana Malampuzha. Tucked away in Kerala’s picturesque garden valley, this resort marks Sterling’s 11th property across 8 destinations in the state, reinforcing its leadership in South India’s leisure and wellness travel circuits.

Set against the scenic backdrop of the Western Ghats, Sterling Govardhana Malampuzha reimagines the popular day-trip destination into a signature short-stay getaway for families, couples, and travellers from nearby cities like Coimbatore, Kozhikode, and Kochi. The resort offers the perfect balance of accessibility, natural beauty, and the warmth of Kerala’s culture, all enhanced by Sterling’s signature hospitality.

“Sterling Govardhana, Malampuzha isn’t just a new resort, it’s the creation of a new travel node,” said Vikram Lalvani, Managing Director & CEO, Sterling Holiday Resorts. “By integrating Malampuzha into our South India grid, we are connecting markets and mindsets. This adds to our strategy, transforming high-potential locales into must-stay destinations that bridge Tamil Nadu, Central Kerala and the Nilgiris. Offering quick connectivity to Sterling in Anaikatti, Athirappilly, Guruvayur and Ooty, it comfortably ticks the requirement of a circuit travel as well.”

Nestled among lush gardens framed by the Sahyadri hills, the resort offers elegant rooms and suites suited for families, couples, and groups. Expansive lawns and stylish indoor venues make it a perfect choice for weddings, reunions, and milestone celebrations.

At Savoree, the resort’s in-house restaurant, guests can experience Kerala’s rich culinary heritage through dishes such as Paal Konchu Porichathu, Kozhi Erussery, and Paneer Kurumulaku Roast. The menu also features global comfort food and child-friendly favourites, all prepared with locally sourced ingredients that celebrate the region’s flavours.

M. Satheesan, representative of Malampuzha Hotel Pvt. Ltd., shared, “Malampuzha has always been a symbol of Kerala’s natural beauty and community spirit. Our partnership with Sterling is founded on a shared belief that thoughtful, design-led hospitality can spotlight such destinations responsibly while enriching local livelihoods. With Sterling’s decades of destination-development expertise, Malampuzha will evolve from a weekend stop to a must-stay experience on India’s leisure map.”

Beyond its rooms and dining, Sterling Govardhana, Malampuzha invites guests to discover the region’s many attractions — from the ropeway gliding over the valley and the whimsical rock gardens to the calm waters of the Malampuzha Dam at sunset. Families can enjoy the colourful gardens, lakeside walks, and cultural evenings filled with local performances, photo trails, and aromatic regional cuisines. Every experience at the resort is designed to help travellers reconnect with nature and each other.

With properties in Athirappilly, Anaikatti, Alleppey, Wayanad, Munnar, Guruvayur, Thekkady, and now Malampuzha, Sterling continues to strengthen its Kerala network. The new resort also fortifies Sterling’s drive-to circuit linking Tamil Nadu, Central Kerala, and the Nilgiris, furthering the brand’s “What-A-Trip” campaign, a celebration of discovering destinations beyond the obvious.

About Sterling Holiday Resorts Ltd.

Sterling Holiday Resorts Limited is one of India’s foremost hospitality companies, known for creating immersive experiences across diverse landscapes, from beaches and hills to jungles and heritage towns. Its extensive network spans destinations like Alleppey, Coorg, Darjeeling, Goa, Ooty, Munnar, and more.

Sterling is a 100% independently managed subsidiary of Thomas Cook (India) Ltd. (TCIL) and part of the Fairfax Financial Holdings Group.

For bookings and more information, visit www.sterlingholidays.com or whatrip.sterlingholidays.com.

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