On Shark Tank India Season 5, TBFO a live-commerce company based on Instagram won over judges but failed to land a contract.
Before the Shark Tank India pitch, TBFO gained popularity with social audiences by bringing together producers and consumers through interactive content and real-time selling.
With real-time engagement and influencer partnerships, the creators turned content into commerce by using Instagram Live to promote products, create a community, and increase sales.
The brand's live selling approach instantly turns social media followers into customers and capitalizes on India's burgeoning social commerce trend.
Company's sales grew from Rs 75L to Rs 1.21Cr in 2023-24. Revenue hit Rs 3.55Cr in 2024-25 with 16% profit. Apr-Sep '25 sales: Rs 3.2Cr; targeting Rs 8Cr by Dec '25
TBFO offered 1Cr for 5% equity, but despite sharks' praise, no funding was offered. Kunal advised, "Don't take money, avoid investor pressure; build your business steadily."
Sharks highlighted issues including unit economics, profitability, and sustainability, ultimately passing on an investment, while praising the involvement and community development.
The appearance Shark Tank India increased attention and generated discussion about TBFO and influencer-led buying in India's startup scene, even if no contract was reached.