10 Best Business Ideas In Shark Tank India You Can Start Now [2024]

Do you want to start an online business but don’t have a great idea? Today, I will tell you about 10 perfect business ideas that you might have seen on Shark Tank India. You can start these businesses from home without any investment and potentially make a lot of money. Hello friends, I am Prince Likhon and you are reading Startup Balance. In this article, I will share ten specific business ideas that have received funding.

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I will also explain how to start them, their potential, and which startups are already using these ideas. By seeing their strategies, you can grow your business quickly online. And yes, it’s possible that your startup might get funded in the next season of Shark Tank. So let’s begin.

Idea 01: Educational Business In India

Our fast business idea is an educational platform. There are many educational platforms that have received funding and are making good money. Still, online education has not fully reached India. Many people want to learn, but they don’t have resources in their cities or villages.

YouTube is one way to learn, but the videos can be 5 to 15 minutes long and may not have complete information. That’s why courses are important and can be highly profitable. Once a course is created, it can be sold for a lifetime.

If you work in education, you can start without investing much, like starting on YouTube. Then, slowly build a Learning Management System (LMS) website to launch your courses. You can sell your courses with the help of YouTube and advertisements, earning recurring revenue.

The profit margin is high because the cost of creating a course is only once. Your course can be a lifetime source of income. Plus, there’s a global reach; you can list your courses in India and other countries too.

Some startups have received funding based on their educational platforms. One example is an Indian career-building platform that connects talented people with companies and provides opportunities. Thousands of female students have participated in this program, and hundreds have been hired.

In short, educational platforms are essential and profitable for both learners and creators. By using resources like YouTube and LMS websites, you can reach a wide audience and help people learn new skills while earning money yourself.

Idea 02: Ice Cream Business

Here is a business idea that you might not have thought of, but it is incredibly profitable, in high demand, and always popular. This idea is the ice cream business. It is in high demand because individuals of all ages love it. Children, young people, and old people all consume ice cream.

This business is a good one to start and may be quite profitable with not much investment. You may start your own ice cream business and make a good profit. For example, if you invent a new flavor that consumers adore, your sales can quadruple immediately.

When you start an ice cream business, you don’t just make money selling the ice cream. There are also various ways to make money. You can also start a milkshake business because milkshakes require ice cream too. You can also start a popsicle or dessert business because they are part of the ice cream family. With a little extra investment, you may make money from many various sources.

There are many ice cream startups that have received money on shows like Shark Tank India. One startup manufactures protein ice cream, which is healthful ice cream. They acquired funding worth millions. Another startup creates popsicles and ice creams and received investment too. So, starting an ice cream business can be a terrific option for making money and being successful.

Idea 03: Clothing Business

The third business idea is a clothing business. There is a saying about the importance of food, clothing, and shelter. If you start a business in this area, you will not fail and will find success. The clothing business has been successful because there is high demand for products all over India. Fashion changes often, so there are always new varieties to sell.

Starting an online clothing business can be done with little investment and from home. Thousands of people have started their own online clothing businesses and have found success. Let me tell you about some successful start-ups that got funding on Shark Tank India.

The first start-up is House of Chicken Curry, started by a mother and daughter. They make ethnic wear clothes and were on season two of Shark Tank. They received around 75 lakh rupees in funding. Another well-known start-up is Snitch, which received about 1.5 crore rupees in funding during season two. Lastly, there is a snack and beverage business idea that has potential for success as well.

Idea 04: Snack And Beverage Startup Business

A good business idea is to start a snack and beverage business. In India, people like homemade snacks like chivda and suhali. Many startups have begun making healthy snacks, and their market is growing fast. If you make any snack or beverage with healthy ingredients, it can become a successful startup over time.

Investment is low, and you can start from home. If you are a housewife, you can make your own product and sell it in your neighborhood in your spare time. This can help you feel proud of your Indian-made products and have a good value in the market.

Idea 05: Handicraft Product Business

Handicraft business is a great idea because it shows India’s culture. People like handicraft products, and they sell for a good price outside India. So, you can make money by exporting them. Some successful startups are working on handicraft businesses.

One startup is called Rare Planet. They have a website and sell handicraft and terracotta products. Another startup is called PabiBen. They are from Gujarat and sell traditional products from there. This business was featured on KBC too. A third startup is Bamboo India. They make toothbrushes, combs, and other products from bamboo. They got funding of around 80 lakh rupees in Season 1.

Idea 06: Footwear Reselling Business

A great business idea you can start is reselling footwear. I say this because many startups have done well in this area. Reselling shoes is easy, and there’s a high demand for it online. You can start an e-commerce website for this business, and with some effort, it will be successful. One problem is figuring out shoe sizes, as different brands have different sizes.

If you help customers find their exact size, your footwear business can be very profitable. There’s a startup called Find Your Kicks India that has a marketplace for selling new and used sneakers. They got funding of 50 lakhs, which shows that people believe in their business idea. So, selling footwear can be a good business for you too.

Idea 07: Home Decor Business

Home Decorations is a great business idea. People spend a lot of money on decorating their homes. There is always a demand for home decoration items. If you marketing your products on Instagram, you can get many orders and grow your business. People display home decoration products in beautiful videos and reels, which helps them sell more.

There are suppliers who provide home decor products if you want to start this business. You can find them on our website. They help new people start their own home decor businesses.

One startup in Shark Tank India is called Nest Roots. It is an online platform for home decor products, offering everything from kitchenware to furnishings. They received a big investment in season 2. So, consider starting a home decoration business to earn money and help others decorate their homes beautifully.

Idea 08: Indian Jewelry Business

In India, one of the best business ideas is lifestyle jewelry. Jewelry is made very well in India and sells all over the world. Nowadays, imitation jewelry and sterling silver jewelry are becoming very popular in India. Some startups have even received funding on Shark Tank, like Jilin Arab. They invested in jewelry and got about one crore rupees in funding during Season 2.

You can check their website to see what it looks like. If you want a similar website, we can make one for you too. Another good startup is Rubanz. They have the latest trending jewelry. If you want a similar website, we can make one for you as well.

Idea 09: Smartwatches and Wearables Business

I will talk about smartwatches and wearables at the 9th rank. These are products you can start a business with anytime. You can read our articles on gadgets and watches to learn more. The biggest benefit is that these products are small, so there’s no size issue. They also have good profit margins, and you can find many suppliers.

You can start this business without investing much and promote it easily online using Instagram and WhatsApp. There was a startup called Watch Out Wearables that made smartwatches for adults and kids. They got funding of around 20 million rupees, showing how big their market is.

Idea 10: Service Providing Businesses

I want to tell everyone that service businesses are needed by everyone. In India, it’s easy to find good service providers. But in other parts of India, people can’t find them, and they are expensive. Many people in India and outside of India can start a service business.

A lot of people are doing drop servicing businesses. For example, there was a startup in India called Insurance Samadhan that got funding of about one crore rupees. It is a platform where people can solve their insurance-related problems. Digital marketing and branding are services you can provide from India to any client in any country.

There was another brand called Rasa that came on Shark Tank. They got funding of about 50 lakh rupees. They help unorganized food vendors with branding and giving them a name. Today, there is a big need for this in India, and that’s why they got funding.

In summary, service businesses are important in India and around the world. There are many opportunities for people to start their own service business, like insurance help or branding for small vendors.