However, this episode was special as our Snapdeal<\/a> co-founder, Kunal Bahl<\/a> made his debut at Shark Tank India<\/a> this season, joining other veteran Sharks like Boat\u2019s co-founder, Aman Gupta<\/strong>, OYO\u2019s founder, Ritesh Agarwal<\/strong> and women Sharks like Namita Thapar<\/strong>, Executive Director of Emcure Pharmaceuticals and Vineeta Singh<\/strong>, co-founder of Sugar Cosmetics. <\/p>\n\n\n\n
From affordable ethnicwear rooted in Indian art to one-stop-shop healthcare services, here\u2019s Shark Tank India\u2019s Day 2 at a glance with the most exciting pitches, interesting dialogue and huge investments made by the Sharks. <\/p>\n\n\n\n B.L Fabrics<\/a>\u2019<\/strong> founder, Mayur Gediya<\/strong> got the eyes of all Sharks on him and his beautiful lehenga, with a fun guessing game. With a simple idea of providing customers across India with latest ethnic styles, the humble founder is a one-man army. Right from creating lehengas for \u201cDeepu didi\u201d and \u201cAloo madam\u201d at pocket-friendly prices to ideating and editing reels that have made him a social media sensation, his dedication and calibre left the Sharks dumbfounded. Fun Fact: His most viral lehenga video has 47 million views on YouTube.<\/em> <\/p>\n\n\n\n This down-to-earth nature and simplistic attitude of Mayur extremely impressed Kunal, who even went on to say that he breaks the stereotype of a typical startup founder \u201cwho goes to a big business school\u201d. This resonates with Kunal\u2019s and his e-commerce platform, Snapdeal\u2019s vision of making shopping affordable<\/a> and accessible to people residing in the smaller cities of India with big dreams and aspirations.<\/p>\n\n\n\n While his ask of Rs.1 Crore for 2% equity was rejected by Namita based on the \u201ckey man risk\u201d, Kunal & Ritesh came together after much negotiations to offer him Rs.1 Cr. for 5% equity on a condition that he closes at Rs.15 Cr. this year which he happily accepted with open arms. <\/p>\n\n\n\n Next up came two enthusiastic Gurgaon-based entrepreneurs, one straight out of business school, Devansh Jain<\/strong>, while the other, Ackshay Jain<\/strong>, equally passionate about starting something of his own. The young energy of Cutlure Circle<\/a><\/strong>, a premium marketplace for sellers for high-end luxury fashion products, appealed to Aman and many other sneakerheads on the panel. While their pitch began with not needing a \u201cUS wali bua\u201d anymore for your next luxury sneaker or handbag, Aman proved himself to be a real snearkhead by guessing the price of Devansh\u2019s shoes i.e. Rs.10 lakhs to which they remarked that it is available for Rs.6 lakhs on their website and their most expensive shoes are priced at Rs.30 lakhs. Gradually, the pitch got a little intense when Vineeta retorted that they\u2019re here only for marketing and not deals.<\/p>\n\n\n\n Keeping the young energy going, the final pitch of the episode saw the 19-year-old founder of Nexera.health<\/a>, Himanshu Rajpurohit<\/strong>, present his revolutionising healthcare venture for corporates. While his motivational Hindi shayaris made him seem a promising investment for the Sharks and viewers alike, his numbers and assumingly \u201csuccess hangover\u201d as stated by Aman, led to a loss of interest from each of the judges one by one. His ask for Rs.75 lakhs for 1% equity was met with lots of questioning and lack of transparency, especially on his website. The latter was rightly pointed out by Kunal when he gave a walkthrough of his website and Kunal noticed incorrect data which Himanshu claimed was made two days before coming on the show. This created trust issues among the Sharks. While they appreciated his talent, acknowledged his success and wished him luck for his business, there was a consensus among them to not invest in his startup at this stage. <\/p>\n\n\n\n The much-awaited entry of Kunal Bahl on the show generated a lot of dialogue and conversations. Episode 2 of Shark Tank India made heads turn with Aman and Kunal\u2019s fun banter, heated discussions, negotiations and a lot more. We can\u2019t wait to see what Kunal Bahl and the other Sharks have in store for us in the coming episodes. <\/p>\n\n\n\n Catch the next episode of Shark Tank India every day at 8 PM on Sony LIV and stay tuned for more highlights and insights.<\/p>\n\n\n\n Discover unbeatable deals on Sanpdeal<\/a> and shop quality products at affordable prices, all from the comfort of your home. <\/p>\n\n\n\n The energy was high and the stakes higher than ever! With an extensive mix of ideas and entrepreneurs pitching to some of the sharpest minds…<\/p>\n","protected":false},"author":37,"featured_media":2489,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[231],"tags":[],"class_list":["post-2488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-popular-blogs","entry","simple"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/posts\/2488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/comments?post=2488"}],"version-history":[{"count":3,"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/posts\/2488\/revisions"}],"predecessor-version":[{"id":2564,"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/posts\/2488\/revisions\/2564"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/media\/2489"}],"wp:attachment":[{"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/media?parent=2488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/categories?post=2488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.snapdeal.com\/index.php\/wp-json\/wp\/v2\/tags?post=2488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"snapdeal](\"https:\/\/blog.snapdeal.com\/wp-content\/uploads\/2025\/01\/image-27-1024x536.png\")
![\"snapdeal](\"https:\/\/blog.snapdeal.com\/wp-content\/uploads\/2025\/01\/image-28-1-1024x536.png\")
Despite the word war between Kunal and Aman, where Kunal smartly responded with \u201cAati hai mujhe deal karni\u201d, Vineeta jumped in with a witty remark, \u201cUnke naam mei hi SnapDEAL hai\u201d which eased tense atmosphere. It was a lucky day for the co-founders since they managed to secure a great deal of Rs.3 Cr. for 3% equity at a Rs.100 Cr. valuation from Kunal and Ritesh, even after the arguments.<\/p>\n\n\n\n![\"snapdeal\"](\"https:\/\/blog.snapdeal.com\/wp-content\/uploads\/2025\/01\/WhatsApp-Image-2025-01-11-at-10.38.43-AM-1024x322.jpeg\")
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