by Shark Tank India Season 2 Episode 12 has already been telecasted on Sony TV on Tuesday, 17 January 2023 and Amit Jain made his first ever appearance on the show. Aman Gupta made a deal with a skin care products brand. Tussle happened between multiple sharks for investment in a company which makes products for pregnant women. At the end of the episode, a Jaipur based entrepreneur offered a deal for investment in his luxury watches brand.
Shark Tank 2 Episode 12 All Deals and Money Invested – Full Details :
First Pitch – Sunny Jain and Sayyam Jain– Founders of Ghar Soaps – They made a pitch for their skin care and body care products after which they asked for Rs 60 lakhs for 2% equity. It was revealed that both of them are stepbrothers and they told their emotional story to the investors.
Sunny told investors that he got scammed multiple times when he was only 18 years old. Sayyam Jain told sharks that as of this month we are earning around Rs 1 crore per month and Rs 15 lakhs in profits. Both the brothers had a 50-50 equity split between them. They gave their products to the sharks and Aman Gupta loved them.
Namita Thapar said that she is already out because of the conflict of interest. Amit Jain told them that he is out for now because he didn’t understood the depth of their product. Peyush Bansal offered them Rs 60 lakhs for 10% Equity and Anupam Mittal joined Peyush in his offer.
Aman Gupta tells them that I am the king of Amazon and Flipkart after which he offered them Rs 60 lakhs for 10% Equity. Both the brothers went outside to think about the offers by the sharks.
They came back in and gave a counter offer of Rs 1 crore for 5% Equity. Aman Gupta tells them that he is ready to give them Rs 60 lakhs for 4% Equity and then both Peyush & Anupam matched that.
Finally the deal was made with Aman Gupta for Rs 60 lakhs for 4% Equity.
Second Pitch – Arun Agarwal – Founder of Janitri – He made a pitch for his company which makes devices to help pregnant women and then he asks for Rs 1 crore for 2.5% Equity. Namita Thapar tells Arun that this product is very close to her heart because she works in this field. Arun gave a demo of his devices and then he told the investors that he works on B2B model.
Namita Thapar tells Arun that she is the queen of this category and she offered him Rs 75 lakhs for 5% equity and Rs 25 lakhs in debt. Arun didn’t agreed and then she offered him Rs 60 lakhs for 2% equity and Rs 40 lakhs in debt.
Anupam Mittal said that he is out because he doesn’t think that he can help him the way Namita can. Aman Gupta also said that he is out because Namita is the perfect shark for this deal. Peyush Bansal and Amit Jain offered him Rs 1 crore for 5% Equity. Amit Jain with Peyush Bansal offered him Rs 1 crore for 2.5% equity but for that Arun needs to make Rs 20 crore till next year or else he has to give them 5% equity.
Finally Arun Agarwal made the deal with Namita Thapar for Rs 1 crore for 2.5% Equity with the condition that if he failed to make Rs 20 crore in the next 1 Year then Arun has to give her 5% equity.
Third Pitch – Gaurav Mehta – Founder of Japur Watch Company – He made a pitch for his watch company and he said that its India’s first micro luxury watch brand. Gaurav tells investors that even Indian Prime Ministers wears his company’s watch. Gaurav offered them 2% Equity for Rs 50 lakhs.
Gaurav tells investors that he loves collecting stamps & watches and he has collected more than 300 watches. All the sharks had a look at his watches and Peyush Bansal tells them that these are very innovative.
Gaurav tells investors that his company also makes Gold watches which ranges between Rs 1.25 lakhs to Rs 24 lakhs. Amit Jain finds out that Gaurav’s company sells only around 150 pieces of luxury watches per year.
Namita Thapar tells Gaurav that she is very interested in this watch industry but because of challenges in scaling, she is out. Peyush Bansal advises him to open more stores and improve his branding but he further said that he is out as well.
Anupam Mittal tells Gaurav that he thinks its not a investable company and that’s why he is out. Amit Jain tells Gaurav that he doesn’t think it will be easy to exit out of this investment and that’s why he is out. Aman Gupta also tells him that he is out but he will help Gaurav in the brand strategy.
Finally no deal was made.
