by Shark Tank India Season 2 Episode 15 on Sony TV has already been aired on 20 January 2023 and we witnessed a deal being made with a Candy making company by the investor Amit Jain. Two entrepreneurs from Kashmir were seen making a pitch for investment in their logistics business and in the end, a doctor couple came after which they showcased their innovative product that will save many patients from embarrassment in near future.
Shark Tank 2 Episode 15 All Deals and Investments Made – Full Details :
First Pitch – Arjun Mukesh Dharamshi and Mukesh Dharamshi – Founders of Dobiee – A Gujarati father-son duo came and they made a pitch for their Candy brand and they said that they are making multi flavoured candies as well which are very popular amongst people. They asked for Rs 72 lakhs investment in return of 2% Equity.
Sharks tasted their Candies and they liked them a lot. Arjun tells them that they are currently available in more then 50,000 offline retail stores and soon they will make their candies available on Amazon. Mukesh Dharamshi tells his tragic story and it was revealed that he went through a bypass surgery recently. Mukesh tells Sharks that they came up with this Rs 72 lakhs for 2% equity number because 11 is their lucky number. Some of their products had toys in it.
Peyush Bansal tells Arjun that he is not interested in this category and he is out today. Aman Gupta tells them that he is out sadly and Namita Thapar tells them that this is a small business due to which she is out. Amit Jain offered them Rs 40 lakhs for 5% Equity and Rs 32 lakhs in debt at 11% interest. Anupam Mittal offered them Rs 72 lakhs for 11% Equity.
Heavy tussle happened between Anupam Mittal and Amit Jain for the deal with Dobiee Candy brand after which the deal was finally made with Amit Jain for Rs 72 Lakhs for 6.5% Equity.
Second Pitch – Sheikh Samiullah and Abid Rashid – Founders of FastBeetle – Two young guys from Kashmir Valley came and they started making a pitch for their delivery service based company named FastBeetle. They asked for Rs 90 lakhs for 3% Equity. Abid gave a demo of their delivery based apps to the Sharks and they said that they have delivered Kashmiri products in more then 55 countries.
Samiullah said that we had challenges while opening this company because of the internet availability in valley. Abid tells investors that they also work with brands like JioMart and Flipkart. Abid further tells them that our reach is way bigger then other companies and we deliver products in the areas near Uri Borders.
Namita Thapar tells them that there is not much scope of growth in this business and that’s why she is out. Amit Jain also tells them that he is out. Aman Gupta offers them Rs 20 lakhs for 4% Equity and Rs 70 lakhs in debt at 8% Interest. Peyush Bansal offered them Rs 90 lakhs for 10% Equity and then Anupam Mittal offered them Rs 90 lakhs for 9% Equity. Both Peyush and Aman matched Anupam’s offer.
Finally the deal was made with Aman Gupta and Peyush Bansal together for Rs 90 lakhs for 7.5% Equity.
Third Pitch – Dr. Ashish Rawandale and Dr. Preeti Rawandale – Founders of P-flow – A husband wife doctor duo from Maharashtra came and they made a pitch for their portable Uroflowmetry test kits products that can save many people from embarrassment in near future. Dr. Ashish asked for Rs 60 lakhs for 1% Equity.
Dr. Ashish Rawandale and Dr. Preeti Rawandale explained the entire process of how their portable test kits can be used by people at home and they said that their kits have 95% accuracy level. The cost of each test kit was around Rs 1000 and 3 tests can be done with one kit.
It was revealed that Dr. Ashish has a big hospital in Dhule and he also owns a company with a valuation of Rs 125 crores. His wife tells investors that Ashish is a 2 time Guinness world record holder as he removed 172,155 stones from one kidney and the second record was for largest kidney removal.
Amit Jain, Namita Thapar, and Aman Gupta showed a lot of interest in their innovation and they gave them an offer of Rs 60 lakhs for 10% Equity. Peyush Bansal and Anupam Mittal said that they are out.
Finally the deal was made with Namita Thapar and Amit Jain combined for Rs 60 lakhs for 6% Equity.
