5 crazy deals and pitches of Shark Tank India - Shark Tank India (2024)

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5 crazy deals and pitches of Shark Tank India - Shark Tank India (1)

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Shark Tank India

The Indian edition of Shark Tank has gained much public attention with pitchers coming from across the country with their unique products, some of which we could have never thought about. The show was renewed for its popularity and is currently in Season 2. Here are the craziest deals of Shark Tank India 2.

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5 crazy deals and pitches of Shark Tank India - Shark Tank India (2)

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Tea Glass Washing Machine

In a rare moment, all sharks, including Amit Jain, Peyush Bansal, Namita Thapar, Aman Gupta, Vineeta Singh and Anupam Mittal, jointly made a deal for entrepreneurs Dhaval Nai and Jayesh Nai's unique product. It was a tea glass washing machine and the sharks invested Rs 30 lakh for 20% equity.

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5 crazy deals and pitches of Shark Tank India - Shark Tank India (3)

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Biggest deal, but denied

Amit Jain in one particular episode of Shark Tank 2 gave the biggest offer to HR tech platform Unstop. The CarDekho founder offered Rs 5 crore in exchange of 10% equity, but the founder of the company turned it down as he did not want to dilute so much stake. Finally, the offer was settled at Rs 2 crore for 4% equity.

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5 crazy deals and pitches of Shark Tank India - Shark Tank India (4)

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No money needed

In a rather interesting pitch, an entrepreneur was ready to give up 0.5% stake of his company, but said he needed no money. He wanted 100 hours of the sharks' time, instead of wanting any money. The product, Dhruv Vidyut Electric Conversion Kit, converts any bicycle into an electric bicycle in 20 minutes.

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5 crazy deals and pitches of Shark Tank India - Shark Tank India (5)

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Blank cheque from Peyush Bansal

LensKart founder Peyush Bansal was so moved by a pitch from an entrepreneur, that he offered a blank cheque to him. "You had come for Rs 50 lakhs. Aapko Rs 1 cr chahiye ya 2 cr chahiye, aap vo lelo aur aapki value pe," he said. The sharks were seen fighting to invest in the sanitary napkin producing company. The entrepreneur finally struck a Rs 1 crore deal with the sharks, including Bansal.

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5 crazy deals and pitches of Shark Tank India - Shark Tank India (6)

Pitchers Lokendra and Nishu Tomar, who presented their food product brand that will help diabetic people, turned down a Rs 1.5 crore deal from sharks and promised to return after they justified their Rs 100 crore valuation.

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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:

  1. 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
  2. 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
  3. 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
  4. 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
  5. 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.

5 crazy deals and pitches of Shark Tank India - Shark Tank India (2024)
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