Shark Tank India is back with its fifth season, celebrating five years of inspiring entrepreneurs. One story that’s being remembered is of Nikhil Kumar Pathak and his startup, Brevistay. Even though they didn’t get a deal on Season 2, the show gave them huge exposure that helped their brand grow fast.
Nikhil and his co-founders pitched Brevistay, an app for booking hotels by the hour. They asked for Rs 1 crore in exchange for 1.66% equity, valuing the company at Rs 60.24 crore. But the Sharks chose not to invest.
Still, on the day their episode aired, Brevistay’s website traffic shot up 400 times, and the app got 60,000 downloads in just one day. It was quickly ranked the fifth most popular travel app in India.
Nikhil Reveals About Big Growth In Shark Tank India 5 Promo
In the latest promo, he says that Brevistay has grown a lot since then. Its revenue is now five times higher. The app has crossed 5 million downloads and connects users to over 8,000 hotels in more than 150 cities. Nikhil says Shark Tank India was a “game changer” for his company.
He also praised the show for teaching important business lessons. “Shark Tank India has simplified complex business terms like AOV, CAC, LTV, EBITDA and many more,” Nikhil said. This helped him understand and run his business better.
Advice For Future Entrepreneurs
Nikhil encourages others to not fear the audition process. He says, “Filling out the form might seem lengthy, but trust me, it’s a gateway to Shark Tank. One form today, one big opportunity tomorrow.” This shows that even the first step can open doors.
Auditions for Shark Tank India 5 are open from August 8 to 18. This season promises “More fire. More founders. More deals,” with new and returning investors ready to support startups.
Anyone with a business idea can apply. Registrations are free and open to entrepreneurs across India. The show welcomes startups at different stages, including those run by specially-abled founders. Shark Tank India 5 aims to help more entrepreneurs grow and succeed.
If you have a business idea, this season could be your chance to shine.
