Shank Tank India 2 begins with visions for a brighter future. Entrepreneurs come to Shark Tank India to invest in their business from one of the well-known business moguls of Shaadi.com to the founders of Boat headphones who now rule the business at all levels. With such a vision to become one of the three entrepreneurs who came to the Shark Tank platform with different ideas for introducing sharks.
VS Mani and Co – Shark Tank India 2
Three entrepreneurs came to Shark Tank India 2 with a vision to bring the authentic taste of filter coffee to different parts of the world. Three co-founders from Bangalore offered 60 lakhs for 1.5% equity. The sharks loved the taste of his Southern coffee and snacks, but he couldn’t find enough scales so he mostly skipped it. Anupam Mittal, who was already an investor, left the set.
Later Namita made them an offer and at Rs 19 at 1% with a debt of Rs 41 at an interest rate of 10% they sealed the deal. He came to Shark Tank with a vision to change the idea of effortless cycling with concern for rain and wind.
Introducing Sepal, an adjustable wearable device for bike riders that gives them a shield and an upper canopy that covers rain, sun, and wind, and also help riders make deliveries in inclement weather. Sharks have been looking at wearables for their offering, but you might find it extensible as they’ve offered the stuff to the public at a price of 10,000, which is an expensive payoff. Despite offering half the MRP of their product, the sharks declined but Peyush Bansal offered them a deal (their offer at Rs.50,
lakhs for 1% equity) Rs.50 lakhs for 2% equity. After that, the Sharks told Peyush that it might be a great idea, but he believed in businessmen.
Solinas-Shark Tank India
Four Pitches and Solinas co-founder even offered Rs 90 lakhs for 2% of their company’s capital. They introduced robotic technology that will clean sewers and reduce the deaths of workers who manually clean sewers and septic tanks. They also introduced some pipe inspection robots to find out what can be done to clean the sewers. Amit and Namita offered them a deal on debt and then Peyush and Anupam offered them a deal. At Rs 90 lakhs for 3%, Anupam and Peush got the deal.