
Miscellaneous • Season 1 • Episode 18
Anthyesti Funeral Services
Starts From - ₹2,00,000
Where to Buy
Product Details
Entrepreneur Background
A female software engineer from Hyderabad who spent nine years in IT, walked away from its comfortable predictability to build India's most organised professional funeral services company, built from a deeply personal experience of grief-during-chaos, and became the subject of a Harvard Business School case study, a Tollywood biopic announcement, and a National Entrepreneurship Award — all before appearing on Shark Tank India at age 36. An electrical engineer by graduation, Reddy worked as a software engineer for nine years before taking the plunge into entrepreneurship. "Life was very smooth for an IT professional, but the thirst for doing something out of the box prompted me to take the big leap," says Reddy, who launched Anthyesti in March 2016. Anthyesti, meaning "last rites" in Sanskrit, was founded in 2016 by Shruthi Reddy, entrepreneur who saw the pain and disorganization surrounding death rituals after losing a loved one.
The Product / Service
Anthyesti is India's first and most geographically extensive professional funeral services aggregation platform — providing a 24/7 single-contact point that coordinates all post-death logistics (hearse van, body preservation, priest of appropriate religious tradition, cremation or burial ground booking, documentation, Asthi Visarjan, domestic and international repatriation of human remains) through a vetted vendor network across multiple cities, removing the burden of unorganised, exploitative, and logistically complex funeral arrangements from families at their most vulnerable.
The Ask
Amount Asked: ₹50 lakhs Equity Offered: 2.5% Implied Pre-Money Valuation: ₹20 crore
Pitch Presentation
Anthyesti's pitch was the fourth and final of Episode 18 — closing Season 1's 18th episode with its most sociologically courageous subject matter. Shruthi walked into the Tank not with a product to taste or a gadget to demonstrate but with a service for something no one talks about, that every family eventually needs, and that India's startup ecosystem had collectively decided was too uncomfortable to professionalise. Shruti shared that she had experienced that if such a thing happens, it is very difficult for a family to do the arrangements. India has a population of 1.2 billion and has a 9% death rate. If she considers only 25% of urban areas, that alone touches a one-billion-dollar business. The pitch opened with exactly the argument that had always been Anthyesti's most powerful: death is the one certainty in every human life, it is universal, it is recurring, and it currently happens in India with almost no professional support structure.
Sharks' Reactions & Criticism
Peyush Bansal was the most respectful of Shruthi as a founder while declining investment. Peyush said that she is the strongest pitcher till now on Shark Tank and suggested she do more work so she could take her gross margin from 50% to 70%, which would get her 25% net profit, and moved out. Aman Gupta exited with a naming suggestion that demonstrated both respect and commercial thinking. Namita Thapar exited on deeply personal grounds. Namita said that she was not comfortable with this personally and went out. Anupam Mittal exited without recorded specific criticism — the subject matter and the low net margin (6%) likely both contributed to his decision. Ashneer Grover exited citing the competitive landscape and margin structure — though sources do not record the specific language of his exit as vividly as for other pitches in Episode 18.
Negotiation & Offers
No Shark made an offer. All five exited before any formal offer was possible
Final Verdict
On-Screen Deal: NO DEAL — All five Sharks exited
