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MUMBAI :Shark Tank India Season 2 has been gaining a lot of popularity with its interesting pitches and quirky ‘Sharks’. The recent episode of the show began with a pitch by a popular brand that provides traditional Chicory blend filter coffee and snacks. Anupam Mittal then shares that since he is already an investor in said company, he would leave the deal and sit this pitch out.
While Anupam leaves, he tells everyone else that the No. 1 Shark is leaving, and Aman and Amit say, 'Ab sawaal puchne mein maza aayega'. The pitchers- GD Prasad, Yashas Alur, and Rahul Bajaj talk about their special coffee and snacks brand and ask for Rs 60 Lakh for 1.5% equity.
Then Anupam reveals that he didn't meet them before, and so Amit Jain jokingly says that ‘you don't meet, you only invest in companies’. After understanding the equity split, market, and sales, Sharks Aman Gupta, Peyush Bansal and Amit Jain choose to opt out of the business. While Anupam feels there may or may not be an offer for the company, right then Namita makes an offer of Rs. 15 Lakh for 1% equity and Rs 45 Lakh debt at a 10% Interest rate. The pitchers talk it out and give a counteroffer of Rs. 19 lakhs at 1% with Rs. 41 lakhs debt at a 10% interest rate. Anupam later gives them feedback and tells them that they should have shared about their future which would have guaranteed 4 deals for sure.
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During the last pitch of the episode, the pitchers bring out some impressive robots and products that could replace manual scavenging and save lives in the process. The founders of the company, Divanshu Kumar, Bhavesh Naryani, Linda Jasline, and Moinak Banerjee talk about their company, which is an end-to-end water sanitation and asset management company. After talking about their innovative products, they ask for Rs. 90 lakhs for 2% of equity.
After talking about their background, products, sales, and their market, Amit Jain and Namita Thapar make offers of Rs. 52 lakhs for 2% equity and Rs. 38 lakhs debt at a 10% interest rate. Divanshu then asks the other Sharks about their offers. Aman backs out of the deal, however, Anupam and Peyush make a joint offer of Rs. 90 lakhs for 3.35% equity.
Amit Jain tells Divanshu that he will be more beneficial to the company, not just for the financing aspect, but also to help market the business. Anupam replies to this saying, “Hum log rahenge nahi toh aapko ideas kaun dega yeh financing ki?” Namita then says, “Hum sab business people hai.” Amit also counters Anupam saying, “Anupam ke paas koi idea hota toh kuch aur bhi karta na yeh life mein. Main 4 company bana chuka hu, inhone, keval invest kiya hai, apni company se milte bhi nahi hai yeh log.”
Anupam retorts, “Jinko koi nahi jaanta na usse chhati thok ke bolni padti hai maine 4 company banayi.” Then they all laugh it out, and Divanshu counters their offer and asks for Rs. 66 lakhs for 2% at a Rs. 33 crores evaluation. They share that they don't want debt of any sort. Then Peyush and Anupam give them a non-negotiable deal of Rs. 90 lakhs for 3%, and after a heated argument, Namita and Amit drop out, and so the founders take Peyush and Anupam's deal.
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