The Lions’ Den Show Welcomes Dipak Sanghavi as the Investor to Shape the Future of Start-Ups

Only 2 percent of start-ups survive, and less than 0.2 percent scale up.

Mumbai (Maharashtra) [India], May 17:  When the Lions’ Den, an upcoming reality show, was conceptualising, the key question they had to answer was, ” What problem are we trying to solve? “The answer to this question would define the design of the show, the method of evaluating start-ups, and most importantly, the Lions they would partner with, who will define the success of the entire effort in the mid-to-long-term. 

India is a growing hub of start-ups. Startups have become a choice of significant proportions of the younger India, whether starting a start-up or working at a start-up. However, only 2 percent of start-ups survive, and less than 0.2 percent scale up.

Hence, the key was to shortlist the Lions—lions who would not only invest in the start-ups but also ensure they survive and scale up.

During this process, they met Dipak Sanghavi, MD and CEO at Nilon’s Enterprises Private Limited, the largest maker of Pickles, Ginger garlic paste, and tooty fruity in India. 

The story of Dipak’s life, where he got into the business at the young age of 24 due to the untimely death of his father, in a company doing 8 crore turnovers to building it to almost 500 crore business in Food FMCG is an inspiring one.

‘Success gives you confidence, but failures give you growth’ —- Dipak’s leadership style is strongly shaped by the various failures he encountered in his journey. He believes that for a business, it is very important to have clarity of what not to do, almost as important as what is to be done.

Dipak, along with his team, grew his business by almost 50 percent CAGR for the first 8 years, then dropped to 8 percent CAGR for the next 8, and is now back at 24 percent CAGR.

‘What gets you here will not take you there’—One of the key lessons that Dipak learned was that smaller businesses are run by art (magic); it is a few people who do the heavy lifting to ensure they survive and reach a point. However, once a business becomes large, scaling up requires science (logic). Many organisations are not able to make this transition.

Dipak’s understanding of business, surviving it and then scaling it, what to do and what not to do, being relevant always, and his ability to narrate the story and set the narrative are some of the points that made him the obvious choice to be one of the Lions at the Lions’ Den show. 

As Dipak says, lions are the kings of the jungle, but not all lions who are born become kings. The cubs have to survive Hyenas, some other animals, and the lions themselves. Only those lions who can do so end up becoming the kings of the Jungle. 

The Lions’ Den show is excited to have Dipak as a Lion, who would be a key contributor in ensuring the cubs (Start-Ups) turn into Lions themselves.

Get ready to Roar!

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Related Posts

Jordensky: Your Go-To Finance and Tax Experts for Growing Businesses

New Delhi (India), June 24: Jordensky is changing the way startups and growing businesses handle their finances. With a team of finance and tax experts and the latest technology, Jordensky…

Redefining Comfort of your Underwear with Kearo

Surat (Gujarat) [India], June 24: Surat’s very own Kearo, a direct-to-consumer innerwear brand, took a bold step recently by participating in the much-buzzed-about startup event “21by72.” The event proved to…

You Missed

Dr. Rajmohan Pillai elected as new president of Sport Climbing Federation of India

  • June 24, 2024
Dr. Rajmohan Pillai elected as new president of Sport Climbing Federation of India

Spright Agro Ltd’s Rs. 44.87 crore Rights opens from June 24

  • June 24, 2024
Spright Agro Ltd’s Rs. 44.87 crore Rights opens from June 24

Reconnect with Nature and Your Inner Peace at Utopiaa Managed Farmlands

  • June 22, 2024
Reconnect with Nature and Your Inner Peace at Utopiaa Managed Farmlands

Sylvan Plyboard (India) Ltd Plans for Rs. 28.05 Crore IPO; Public Issue open from June 24-26, 2024

  • June 22, 2024
Sylvan Plyboard (India) Ltd Plans for Rs. 28.05 Crore IPO; Public Issue open from June 24-26, 2024

Dr. Harshmeet Arora was awarded the Best Asian Doctor Icon Award 2024

  • June 22, 2024
Dr. Harshmeet Arora was awarded the Best Asian Doctor Icon Award 2024

KrispCall Unveils Exciting New Features at 21by72 Startup Summit Season 3 in Surat, India

  • June 20, 2024
KrispCall Unveils Exciting New Features at 21by72 Startup Summit Season 3 in Surat, India