Shark Tank India Season 2 Episode 10 on 13 January 2023 has already been telecasted on Sony TV and we watched a deal was made with a hip hop style custom jewellery brand. Also two Ludhiana based guys made a pitch for their Cred company and in the end we saw Namita Thapar taking a bet on a portable bowling machine maker.
Shark Tank 2 Episode 10 All Deals and Pitches Made – Full Details :
First Pitch – Aaditya Fatehpuriya and Raghav Goyal – Founders of Zillionaire – They made a pitch for their fancy custom made jewellery brand. Raghav told investors that he got a 40% scholarship in his college in USA. Investors were given samples of jewellery by Raghav and Aaditya. Raghav said that their instagram is verified and they have 32K followers.
Raghav and Aaditya told the investors that they have a capacity of making 300 pieces of jewellery per day and currently they are making 40-50 pieces per day. Aaditya said that we sell jewellery only on our website.
Namita Thapar said that she is out and she advised them to get involved with their father in his business. Raghav said that we make sure to hit the customer psychology and we can make our prices low in near future. Raghav told Sharks that we are having technical issues and even our website got crash sometimes.
Anupam Mittal gave them an offer of Rs 1 crore for 10% Equity. Aman Gupta said that this is my area of expertise and I know this kind of audience very well. Aman Gupta, Peyush, Bansal, and Vineeta Singh offered them Rs 50 lakhs for 10% Equity.
Finally the deal was made with Anupam Miittal for Rs 1 crore for 10% Equity.
Second Pitch – Gaurav Kundra and Gaurav Sharma – Founders of Credmate – They made a pitch for their finance based platform and then they gave a demo of their app on the big screen and the presenation was very funny which made the sharks laugh.
Anupam Mittal said that this is a regulated agency and you can’t do this without permission. Gaurav Kundra said that we don’t come under RBI regulations and we are making revenue through KYC verifications and soon we will make money through cash burn model as well as adventisements.
Gaurav Kundra said that our admin panel has not yet created on that upper level. Peyush Bansal said that he is out because they don’t have enough details of their business right now. Aman, Namita, and Vineeta also said that they are out. Anupam Mittal said that you people are missing that exceptionalism and that’s why I am out.
Finally no deal was made.
Third Pitch – Pratheek Palanethra and Vishwanath HK – Founders of Freebowler – They made a pitch for their portable bowling machine and then they asked for Rs 75 lakhs for 7.5% Equity. Pratheek said that he is the cousin of KL Rahul and also it was revealed that both of them have played club level cricket.
Finally a boy and a girl named Pritam Rathod and Priyanka Rathod came for the demo of the bowling machine. Pratheek said that he has patent the technology and the machine can bowl at a speed of 130 Kmph. The cost of the manual version of bowling machine was Rs 20,000 and automatic version was around Rs 40,000.
It was revealed that both Pratheek and Vishwanath were suffering from losses. Namita Thapar asked them about the sales of their rival bowling machine brand Leverage and they were not aware about it.
Anupam Mittal and Aman Gupta both said that they are out because Pratheek and Vishwanath doesn’t have much knowledge of this market. Vineeta Singh also said that she is out and she wishes them best of luck. Peyush Bansal said that he is also out of it because raising funds on it won’t solve the problem.
Namita Thapar offered them 50 lakhs for 15% Equity and a debt of Rs 25 lakhs at 10% interest.
Finally the deal was made with Namita Thapar at Rs 25 lakhs for 7.5% Equity.