Shark Tank 2: Judge says ‘no deal’ to every business presented to him
For the first time in the history of Shark Tank India, all five ‘Sharks’ – Namita Thapar, Anupam Mittal, Amit Jain, Piyush Bansal and Vinita Singh – all unanimously voted out of business during one episode. in the latest episode of shark india 2 We saw four different pitchers appear on the show and present their start-ups to the panel of judges but in vain.
Among the four start-ups he cofounded were entrepreneurs Vijay Sharma and Tarun Bhargava, who are in the business of making affordable beer. The businessmen duo asked Rs 1 crore for 0.75 per cent equity with a valuation of Rs 133.33 crore. While their business seemed viable to the judges, they refused the couple any funding, citing as the reason that the beer company was already making good money and the fact that the sharks had little interest in the alcohol business. There is no specialization.
The next pitch was from a Bengaluru-based entrepreneur who owns a clean ice cube brand called Dr. Cubes. Here, Sharkey is told about Dr. Cubes’ business model and how it’s a 24/7 company that offers different types of ice for parties and other occasions, such as cubed, artisan, crushed ice and gourmet. provides. The entrepreneur sought Rs 80 lakh for 15 per cent equity with a valuation of Rs 5.33 crore. However, after hearing the pitch the sharks decide not to invest in the ice business as they do not see it as a long term viability.
The third pitch was from the founders of the AI-based EV vehicle booking platform – Girish Nagpal and Kaman Agarwal, who sought Rs 75 lakh for 1 per cent equity.
The show’s last pitch on Tuesday began on an impressive note as Arvind Arora, a Bengaluru-based entrepreneur, launched a ‘sher (doha)’ on the shark. In his pitch, Arvind revealed that he started this business after one of his students attempted suicide and that his app provides courses and jobs to all who are looking for viable education and job prospects. Are. He demanded Rs 40 lakh for 2 per cent equity with a valuation of Rs 20 crore. It seemed the judges were a little confused by his pitch and turned down his offer.
Shark Tank India Season 2 airs every Monday-Friday at 10 PM on Sony TV. It also streams on SonyLIV.