ET Online|
1/6
Shark Tank India
Agencies
2/6
Tea Glass Washing Machine
Agencies
3/6
Biggest deal, but denied
Agencies
4/6
No money needed
Agencies
5/6
Blank cheque from Peyush Bansal
Agencies
6/6
Turning down and a promise
Agencies
I'm an avid enthusiast and expert in the realm of entrepreneurial ventures and investment, particularly within the context of television shows like Shark Tank. Having closely followed various iterations of Shark Tank around the world, including the Indian edition, I bring forth a depth of knowledge and understanding about the dynamics of pitching, deal-making, and the diverse range of products and services presented by entrepreneurs.
In the realm of Shark Tank India Season 2, the mentioned article sheds light on several intriguing concepts and deals. Let's delve into the key elements:
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Tea Glass Washing Machine Deal:
- Entrepreneurs: Dhaval Nai and Jayesh Nai
- Product: Tea glass washing machine
- Sharks: Amit Jain, Peyush Bansal, Namita Thapar, Aman Gupta, Vineeta Singh, Anupam Mittal
- Investment: Rs 30 lakh for 20% equity
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Unstop's HR Tech Platform Deal:
- Shark: Amit Jain
- Offer: Rs 5 crore for 10% equity (initially), settled at Rs 2 crore for 4% equity
- Noteworthy: Largest offer made but eventually adjusted to meet the founder's terms
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Dhruv Vidyut Electric Conversion Kit:
- Entrepreneur: (not explicitly mentioned)
- Product: Electric conversion kit for bicycles
- Unique Aspect: Requested 0.5% equity for 100 hours of sharks' time instead of monetary investment
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Peyush Bansal's Blank Cheque Offer:
- Entrepreneur: (not explicitly mentioned)
- Offer: Blank cheque from Peyush Bansal
- Outcome: Rs 1 crore deal struck with the sharks, including Bansal, for a sanitary napkin producing company
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Lokendra and Nishu Tomar's Food Product Brand Deal:
- Product: Food product brand for diabetic people
- Outcome: Turned down a Rs 1.5 crore deal, promised to return after justifying their Rs 100 crore valuation
The diversity of deals, from unconventional equity requests to substantial monetary offers and rejections, showcases the intricate and dynamic nature of negotiations on Shark Tank India Season 2. It also highlights the varied entrepreneurial landscape in India, with products ranging from electric bicycle conversion kits to innovative solutions for diabetic individuals.
This snapshot into Shark Tank India Season 2 underscores the complexity and excitement of the entrepreneurial journey, providing a glimpse into the innovative ideas and strategic decisions that shape the show's narrative.