Read the Shark Tank India Season 5 Episode 28 recap The Binge Town, PropFTX & Eight Times Eight featuring pitch highlights, founders’ stories and deals.
Another new episode of Shark Tank India Season 5 and another amazing tank experience with pitches raising the bar. Smart chess champs rocking the stage and building the nation’s future, creating happy moments aesthetically through private theatres as well as real estate organisations.
Shark Tank India Season 5 Episode 28 Recap: The Binge Town, PropFTX & Eight Times Eight
Shark Tank India Season 5 Episode 28– Panel of Sharks
The panel for Episode 27 included Vineeta Singh, founder of Sugar Cosmetics, Anupam Mittal, co-founder of Shaadi.com,Varun Alagh, co-founder of Mamaearth, Namita Thapar, founder of Arth by Emcure and Kunal Bahl, co-founder of Snapdeal & Titan Capital and promoter of Unicommerce.
Episode 28 At A Glance
From chess champions building patience and focus amongst kids to providing special setups for special moments, here is a glimpse of the latest episode of Shark Tank India.
Startup 1: The Binge Town- Private Theatre & Celebration Space
Chetan Agrawal, Yash Agarwal, and Bishnu Sahu, with Soumay Bansal identified a gap in the market and realised the potential of The Binge Town, a private theatre & celebration space that provides personalised entertainment and experiences across occasions, from birthdays and anniversaries to romantic dates and bride-to-bes. The young energy and zeal of the entrepreneurs amazed the Sharks and the profitability of the business made it even more lucrative.
Did The Binge Town Get A Deal?
With an ask of ₹2 crore for 2% equity in the company, the young entrepreneurs came with a lot of hope but did their wish and ask get fulfilled?
Startup 2: PropFTX- Fractional Real Estate Investment
Built by Rajeev Chhabra & Vishal Singh Rajput, PropFTX brings the concept of fractional real estate investment to India. With a visibly large age gap between the two founders, Kunal was quick to notice and ask the story of how they met. Rajeev responded by sharing that they met on LinkedIn and clicked instantly. With the former’s huge real estate experience, the two got together to build PropFTX.
Did PropFTX Get A Deal?
With an ask of ₹1 crore for 1.5% equity in the company, PropFTX managed to build a pre revenue business. However, there were several questions around the relevance of this business concept for the Indian market as well as trust factors.
Startup 3: Eight Times Eight- Chess Classes
Six childhood friends, Athul Krishna, Abhijith Mohan, Arijith Mohan, Adesh Joshi, Manu Manikandan, and Chandar Raju, got together in the pandemic to teach kids critical thinking through their online chess academy, Eight Times Eight. Little did they know that they would represent India in the Commonwealth & Asian Games. Their pitch was quite interesting as they showed a demo of a chess player’s focus by playing a game with Kunal where the opponent from their team was blindfolded.
Did Eight Times Eight Get A Deal?
Namita made it very clear from the beginning that she has never played chess ever since she was a kid so that they don’t invite her for the demo and Anupam joked about how chess wasn’t even invented when Namita was born. Amidst all the fun and jokes, the founders proposed an ask of ₹50 lakhs for 5% equity in the company but did they get a deal?
FAQs
Q1. Who were the pitchers in Shark Tank India Season 5 Episode 28?
The Binge Town, PropFTX & Eight Times Eight were the three startups that were pitched during Shark Tank India Season 5, Episode 28.
Q2. Where can I watch Shark Tank India Season 5 Episode 28 online?
All episodes of Shark Tank India Season 5 are available on the Sony LIV app for viewing. Tune in at 8 PM, Mon-Fri to watch the live episodes daily.
Q3. What products were pitched in Episode 28 of Shark Tank India Season 5?
The products pitched during Episode 28 of Shark Tank India Season 5 were The Binge Town, a private theatre and celebration space, PropFTX, a fractional real estate investment platform and Eight Times Eight, an online chess academy to build kids’ critical thinking skills.
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