Opportunity brief
Round-1
The Litmus Test (Online Quiz)
- Teams will solve a time-bound online quiz that tests their understanding of business failures, turnaround strategies, entrepreneurship, and current business news. It is designed to assess participants' business awareness, analytical thinking, and decision-making skills.
- This quiz will be attempted by the team leader.
- Scores and completion time will both be evaluated, and the top-performing teams will move to Round 2.
Instructions for Round 1
- Format: 20 questions | 20 minutes
- Each question carries 1 mark, and all questions are compulsory.
- There is no negative marking.
- Time taken to complete the quiz will be considered for evaluation. In case of a tie in scores, the team that finishes faster will be ranked higher.
- The system will automatically submit your quiz once time is up.
- Each team may attempt the quiz only once.
- Use of unfair means will lead to immediate disqualification.
Round-2
The Comeback Pitch (Online PPT Submission)
- Task: Shortlisted teams must pick a pitch that was rejected on Shark Tank India and give it a second shot. Begin by identifying why the Sharks said no, then reinvent the pitch with a completely new brand identity, including a fresh name, a logo, a tagline, and a positioning strategy that turns the rejection into an opportunity.
- Think beyond a simple makeover. Show us a new story, a new audience, or a new reason for this product to exist.
- Teams must submit their deck by the given deadline.
Instructions for Round 2
- All submissions must be original and created by the team.
- Late or plagiarized submissions will lead to disqualification.
- Presentation should inlcude a maximum of 4 slides (excluding the introductory and the appendix slides)
- Teams must email their presentations to the official organizing committee at floportunity.sankalparyabhatta@gmail.com.
Round-3
Pitch it before U Ditch It (Offline Presentation)
- Teams shortlisted from Round 2 will advance to the grand finale.
- Format: 7 minutes pitch followed by Q&A
- Teams must pitch their reinvented Shark Tank product to the judges and convince them that this rejected idea deserves a second chance.
- Expect the unexpected. The finale will bring a few surprises, and only teams that can think on their feet will make it through.
Your pitch must cover
- Your new brand identity
- Why the original product failed
- Your proposed marketing strategy
- Future growth potential
Instructions for Round 3
- All team members must be present during the final presentation.
- Stick to the allotted time limit. Presentations that overrun may be penalised.
- Teams must bring their own laptop
- Be ready to defend your ideas and answer the judges' questions confidently.