What Happened to Fat to Slim After Shark Tank India?
Shikha Aggarwal Sharma started her business pitch by showing an old picture of her. In that picture, she was 86 kg. When she was standing in front of the sharks, she was 56 kg.
So, she transformed herself. She looked good. She’s from Delhi. She’s very energetic.
Who is the Founder of Fat to Slim?
Shikha Aggarwal Sharma is the founder of Fat to Slim.
How much money did she ask for Fat to Slim?
She came to Shark Tank India seeking ₹20 Lakhs for 1% equity in the company. Which gives the company a valuation of ₹20 Crores.
Obesity is a growing problem in every country nowadays. With obesity, one can suffer from various diseases like PCOD, diabetes, infertility issues, etc.
She doesn’t believe in buying expensive exercise equipment. She doesn’t want to go to the gym. Instead of these traditional methods, she wanted to try something new.
Her company motto is Eat Sleep & No Exercise. She wants to change the world by changing their diet.
Currently Fat to Slim has 30+ franchisees all over the world. Shikha claims that the diet that Fat to Slim offers can cure PCOD, infertility issues, etc.
I don’t know how accurate these claims are. Also making such strong claims on open television can become an issue.
So, let’s take a moment and understand the business model of Fat to Slim.
When someone obese knocks Fat to Slim, he/she needs to provide some information, like height, weight, and some other data. Then according to that information, Fat to Slim provides a diet specially designed for that person.
The monthly fee is ₹2500 ~ ₹3000 per person.
Which shark gave Fat to Slim an offer?
Namita Thapar was out because according to her, the business model was fraud. No person can become fully fit without doing any exercise. She got a bit angry as well.
To be honest, I was surprised to see such a reaction from Namita Thapar as she hardly gets angry.
Vineeta Singh was out because she too couldn’t connect with the business model. She’s a fitness enthusiast herself. She runs marathons on a daily basis. So, it was quite obvious that she wouldn’t support such a business.
Anupam Mittal asked her how a typical diet would be for a person who’s diabetic. She answered and her answer didn’t satisfy him. That’s why he was out.
What are the Monthly Sales of Fat to Slim?
| Month | Sales |
| June | ₹13.5 Lakhs |
| July | ₹13 Lakhs |
| August | ₹14.5 Lakhs |
Her profit is 60%.
Peyush Bansal was out and advised her to not take any outside investors at the moment.
Aman Gupta was out because he didn’t have any expertise in this fitness arena.
| Company Name | Fat to Slim |
| Founder | Shikha Aggarwal Sharma |
| Asked Amount | ₹20 Lakhs for 1% |
| Final Deal | No Deal |
| Shark | No Shark |
| Company Net Worth | ₹20 Crores |
| Company Website | sasdietacademy.com |
| Company Status | In Business |
