With each episode, the pitches are getting interesting, the discussions heated and the investments bigger. Recapping Episode 5 of Shark Tank India Season 4 is fun because you are in for a treat. Apart from veterans like Vineeta Singh, co-founder of Sugar Cosmetics, Aman Gupta, co-founder, Boat and the not-so-new Shark Kunal Bahl, co-founder of Snapdeal and Titan Capital, the panel also saw the humble Azhar Iquabal, co-founder and CEO of InShorts.
From solving everyman’s problem today i.e. stress with an easy wearable to going on a food hunt across India, the latest episode of Shark Tank India saw very diverse pitches that you cannot miss.
Right from “ghar ki ladai ke baad” ka stress to “office se ghar aake boss ki daant ka” stress, InnerGize seems to solve them all. Their co-founders, Mitansh Khurana, Shalmali Kadu & Siddhant Bhargava are on this quest to fix one of the most concern for today, i.e. stress with their mental health wearable. For this simple device that Aman rebranded as “medical champi” that can be worn behind the ear, their ask was for Rs.54 lakhs for 1.5% equity. While the concept and the device intrigued the judges, the demo was quite enjoyable Kunal asked the participant wearing the device, “Kya bribe di tumhein yahan bithane ki?” and he plays along by responding, “Maine kal raat ko bola stress ho raha hai, party karne chalte hain. Yahan bitha diya”. The tumultuous journey of the co-founders especially the cancer-surviving Dr Siddhant really inspired the sharks and Kunal even told Siddhant that, “Tumpe bhagwan ka haath hai”. After garnering so much attention, did they manage to get a deal from any Shark?
What followed was more like an “anti-pitch” when the sibling duo from Panipat, Aditi and Ashish Jawa entered the room. Claiming their lifestyle skincare business, Personal Touch Skincare, to be an “ordinary” one like any other skincare brand, they went to underplay their USPs, sales and numbers. This captured the judges’ attention immediately and they were interested to know more. They finally pitched their ask by saying, “Isliye keh rahe hain mat karo invest par agar phir bhi karna chahte ho”, our ask is Rs.1.2 Cr. for 1% equity. Lots of stories later, Aman stepped in to say, “Ab bata de shaadi huyi ya nahi?”. Sharks like Vineeta raised questions about their numbers and the maths not adding up. However, Azhar continued to show keen interest in the details of the business. But did he seal a deal with the “not so ordinary” business in the end? We guess you’ll have to watch the episode to find out.
Finally, the vision for the last pitch of the episode was deeply rooted in the India. Farmpreneurs Nupur Agarwal and Abhinav Ahluwalia started KIWI- Kisan Window as an initiative to make the rich organic produce from different parts of the country accessible to more people in India while sitting in the comfort of their home. Aiming to become the Trader Joes of India, a leading food retailer in the US, they asked for Rs.50 lakhs for 1% equity. While it seemed a little “riksy” business for Aman, after several rounds of negotiations, Kunal seemed to be quite interested in the concept. Also, he said that he has knowledge in this sector to which Aman remarked, “Pata hai, dikh raha hai”. Will any of the Sharks become a customer of KIWI soon? We’re yet to find out in the episode.
Amidst all the inspiring pitches and stories, there was one story that really stuck with us. In a segment of the show called “Ask the Shark”, a viewer had sent a question for Kunal wherein he was asked to share a challenging time while he was building Snapdeal. He narrated the incident of 2008 when there was only Rs.50,000 left in the company account and Rohit Bansal, his co-founder and Kunal had a total of Rs.5 lakhs in their own bank accounts. Now, it was upon them to either shut down the business or put in their last savings to keep it running for a month. They decided to take that risk and pick the latter option. With a mere net worth of Rs.26,000, Kunal and Rohit sustained Snapdeal as they received a new customer who decided to invest in their company and save the ship from sinking. Kunal ends it by saying the idea is to keep at it.
This week of Shark Tank India Season 4 has been one rollercoaster ride for the Sharks and viewers alike. Unexpected deals and investments, great visions, never-seen-before ideas and thoughts were brought to light during these episodes and the next week looks even more action-packed as the enthusiastic entrepreneurs of India set the stage on fire. Are you ready for it?
Watch Shark Tank India Season 4 every Mon-Fri at 8 pm on Sony LIV and never miss the fun.
Discover unbeatable deals on Snapdeal and shop quality products at affordable prices, all from the comfort of your home.
Be First to Comment