Green Entertainment has raised the bar with the debut of Shark Tank Pakistan, making its mark in the world of reality television. Renowned for its creative approach, the network is leveraging this platform to ignite the entrepreneurial ambitions of Pakistan’s emerging innovators, offering them a stage to present their groundbreaking ideas and distinctive business concepts.
Catch all the creative pitches from Episode 7 of Shark Tank, ranging from innovative tech to unique products, as visionary entrepreneurs take the stage to reshape Pakistan’s business landscape with their groundbreaking ideas.
Pitch No. 1
Abdul Rehman, the ambitious founder of Stuffeez.pk, presented an inspiring pitch on Shark Tank Pakistan Episode 7. The brand is a homegrown stuffed toy business launched in April 2023, when Abdul was still in the 12th grade. With an impressive revenue of PKR 4.9 million in under a year, the venture aims to capture a significant share of the USD 100 million stuffed toy market. While sourcing materials like stuffed toy skins from China, Abdul is working towards producing these locally to support Pakistan’s manufacturing capabilities. The business generated PKR 1.4 million in its first eight months and accelerated to PKR 3.4 million in the following eight months, showcasing its growth potential.
Seeking an investment of PKR 2.5 million for 10% equity, Abdul identified the need for funds to enhance marketing, inventory, and operational capabilities. The pitch attracted considerable interest, with multiple sharks making offers. Faisal Aftab proposed PKR 2.5 million for 20% equity, while Romanna Dada offered PKR 5 million for 30% equity, suggesting collaboration with other sharks. Meanwhile, Aleena Nadeem and Junaid Iqbal jointly offered PKR 5 million for 25% equity with a 10% royalty. Ultimately, Abdul secured a deal with Rabeel Warraich, Romanna Dada, and Faisal Aftab, agreeing to PKR 2.5 million for 22% equity—a decision reflecting confidence in Stuffeez.pk’s potential for scalability and market impact.
Stuffeez.pk is a shining example of young entrepreneurship thriving in Pakistan. Abdul’s dedication to local production and his strategic vision for expansion underscore his commitment to building a sustainable and innovative brand. The deal with the sharks will likely provide the resources and mentorship necessary to transform Stuffeez.pk into a household name in Pakistan’s burgeoning toy market.
Pitch No. 2
The founders of Trecycle, Ambreen and Mehwish, impressed the sharks with their innovative waste management and recycling company, presenting a clear mission to transform waste into reusable art and products. They highlighted Pakistan’s alarming waste generation of 49.6 million tons annually, growing by 2.4% each year, and positioned Trecycle as a vital solution with its zero-waste service policy. Seeking PKR 5 million for 5% equity, the founders demonstrated their strong financials: PKR 6 million revenue in 2022 and PKR 7.2 million in 2023, with a 25% profit margin, and projected PKR 18 million for 2024. These figures, alongside their passion for environmental sustainability, showcased their commitment to a greener Pakistan.
Trecycle focuses on converting waste materials into practical and artistic items, promoting sustainable consumption. Their unique approach integrates recycling with creativity, ensuring waste reduction while offering valuable products. The company also advocates environmental awareness, targeting a growing demand for eco-friendly initiatives in Pakistan. Their operations emphasize efficiency, scalability, and innovation, ensuring they remain ahead in the rapidly expanding waste management industry. The founders believe in fostering a culture of responsibility toward waste management and environmental conservation.
Initially, Aftab Iqbal stepped out, citing limited market understanding. However, the other sharks—Aleena Nadeem, Rabeel Warraich, Romanna Dada, and Junaid Iqbal—offered PKR 5 million for 20% equity. Ambreen and Mehwish countered with PKR 10 million for the same equity, impressing the panel with their determination. Ultimately, they secured a deal on 5 million for 20% equity, solidifying Trecycle’s place as a promising eco-conscious enterprise. This pitch not only garnered investment but also raised awareness about waste management’s potential in Pakistan.
Pitch No. 3
Ammar Ali Alvi and Yousha Abbas, the founders of Protect Me, began their pitch with a gripping skit simulating a mobile snatching scenario. This creative approach highlighted the pressing need for their service, setting the stage for an impactful presentation. They asked for PKR 9 million in exchange for 10% equity, valuing their business at PKR 90 million. Despite their innovative concept and dedication to tackling one of Pakistan’s most pervasive urban crimes, the sharks expressed reservations about the business model and market scalability, leading to no deal being finalized.
Protect Me aims to address the growing issue of street crime, particularly mobile snatching, which is a significant problem in urban areas like Karachi and Lahore. The company offers solutions designed to protect personal devices and valuables through advanced tracking technology, user-friendly applications, and security services. Their vision is to provide peace of mind to individuals while enhancing public safety. With a focus on technology-driven security measures, Protect Me strives to bridge the gap between crime prevention and recovery in a market with rising demand for personal safety solutions.
Although the pitch did not result in an investment, the founders received valuable feedback and advice from the sharks, emphasizing the need for a clearer business model and customer acquisition strategy. The sharks commended their innovative approach and passion but urged them to refine their plans for scaling the business effectively. While the deal wasn’t sealed, Protect Me remains a promising venture tackling a critical societal issue with innovative tools and services.
Pitch No. 4
Fasih Hasmuk and Zia Ud Din Rana, the founders of LibXR, presented a forward-thinking pitch on Shark Tank, Episode 7. The duo introduced their innovative idea of creating 3D books and flashcards utilizing advanced AI tools, aimed at revolutionizing education in Pakistan. They sought an investment of PKR 10 million in exchange for 10% equity, valuing their business at PKR 100 million. Despite receiving valuable feedback from the sharks, their initial offer faced pushback. However, Romanna Dada offered PKR 10 million for 25% equity, which they countered with an offer of 20%. Eventually, they agreed to Romanna’s terms of 25% equity, successfully securing the deal.
LibXR stands out in Pakistan’s burgeoning ed-tech sector by bridging technology and learning through immersive educational tools. The company specializes in creating interactive 3D books and flashcards designed to make learning more engaging and effective. Operating on both B2B and B2C models, LibXR collaborates with educational institutions while also targeting individual consumers. Their flashcards, which cost PKR 300 to produce and sell for PKR 1,100, offer an impressive profit margin and exemplify their scalable business model. Despite modest revenues of PKR 2 million in 2022-23 and PKR 1.3 million to date in 2023, the founders showcased significant growth potential, especially in markets embracing technology-driven education.
The sharks recognized the ingenuity behind LibXR’s approach to enhancing educational resources through AI. While concerns about scalability and competition arose, Romanna Dada expressed confidence in the business’s potential and joined the founders as a strategic partner. With this investment, LibXR aims to expand its offerings, refine its product line, and make interactive learning accessible to a larger audience in Pakistan. This deal marks a significant step forward in their mission to transform traditional education through technology.
Pitch No. 5
Khizar Ahmed Siddiqui, the founder and Director of Operations at Kaacib, presented his pitch on Shark Tank Pakistan, Episode 7, aiming to secure funding for his innovative servicing company. Khizar sought an investment of PKR 70 million in exchange for 10% equity, valuing the business at PKR 700 million. Despite his passion and commitment, the high valuation raised concerns among the sharks. One by one, they stepped out of the deal, citing doubts about the company’s current worth and scalability, leaving Khizar to exit without securing a partnership.
Kaacib, previously known as Hukum Janab, is a five-year-old service-oriented business striving to simplify daily life for individuals and businesses alike. From handyman solutions and home maintenance to specialized corporate services, Kaacib offers a wide array of assistance, making it a versatile and valuable service provider in Pakistan’s growing gig economy. The rebranding from Hukum Janab to Kaacib reflects the company’s aspirations to establish itself as a modern, reliable, and professional platform. Over the years, the company has built a strong customer base, highlighting its dedication to quality and customer satisfaction. However, the challenge lies in scaling its operations and justifying its high valuation, which became a sticking point for the sharks.
While no deal was made, Khizar left with valuable feedback to refine his pitch and reconsider the company’s valuation strategy. The sharks acknowledged the potential of a service-focused platform like Kaacib in Pakistan but emphasized the need for a clearer roadmap to achieve sustainable growth. This experience serves as an opportunity for Khizar and his team to reevaluate their business model, enhance their market positioning, and return stronger for future investment opportunities.
About Sharks AKA The Investors In Shark Tank
- Rabeel Warraich, a former Morgan Stanley analyst, founded Sarmayacar, Pakistan’s leading venture capital firm, and has invested in notable startups like Abhi, Bykea, and SimPaisa; he holds degrees from Oxford and MIT, and teaches Venture Capital & Finance at IBA in Karachi.
- Aleena Nadeem, an accomplished MIT graduate, began her career at McKinsey and Goldman Sachs before transitioning to Ventura Capital and playing a crucial role in exiting investments in Lyft; now as CEO of EduFi, she drives innovation in educational technology, leveraging her extensive experience in finance and global fintech.
- Junaid Iqbal, CEO of Salt Ventures, is a key investor in the MENAP region with a strong background in financial journalism and notable contributions to Careem’s expansion and Careem Pay development.
- Karim Teli, a distinguished 30-year-old entrepreneur and speaker, is the Managing Director of IGLOO, founder of World Radio FM Network, CEO of Big Shot Technologies & Teli Technologies, and Director of Orient Textile Mills, with degrees from Greenwich University and Boston University, and over 50 ventures to his name.
- Faisal Aftab, a distinguished Pakistani American entrepreneur, has significantly impacted Pakistan’s tech industry as the co-founder and Managing Partner of Zayn VC, with notable roles at Lakson Capital Venture, Oxon Partners LLC, Cloudstream Media, National Financial Media, MTV, and Deloitte, leading investments in startups like Haball and NayaPay.
- Romanna Dada is a distinguished entrepreneur and UK-trained barrister, featured multiple times by Forbes, with a career spanning investment banking at Morgan Stanley, Abu Dhabi Commercial Bank, QIB (UK), and Qatar Venture Capital. She transitioned to the fashion industry, founding the largest modest fashion marketplace, successfully exited in 2018. Currently, she leads a new entity within the Saudi Sovereign Wealth Fund, focusing on innovative ventures and strategic investments.
- Usman Bashir, CEO of Brake Time and Breaktime Corner Market (BTCM) LLC, is a visionary leader with over 15 years of experience, managing over 300 U.S. retail outlets, including gas stations, fast food chains, and vape shops, while also investing in hotels like Marriott, the electric vehicle industry, and retail food and beverage franchises.
