by Shark Tank India Season 2 episode 27 has been telecasted already on Sony TV on 7 February 2023 and we witnessed Vineeta Singh making an investment in a snacks brand after getting emotional. A Gujarati founder came with his wife & his sister to make the pitch and his business sense impressed all the sharks a lot. An architect couple made a pitch for their innovative flexible furniture making company but it turned out that their products were way too expensive for a common man. At the end of the show, two young Esports organizers asked for investment in their company but eventually they left the show empty handed.
Shark Tank 2 Episode 27 All Pitches and Deals Made – Full Details :
First Pitch – Chetan Sharda and Jasmine Kaur – Founders of Green Snack Co. – They made a pitch for their healthy evening snacks brand and then they asked for Rs 1 crore in return of 2% Equity. Sharks tasted their snacks and all of them loved the taste. It was revealed that their snacks contained Sodium and Namita Thapar said that its not good for heart.
Jasime revealed that their company has raised around Rs 5 crores before coming to Shark Tank India and currently they have around 53% Equity left with them. It was also revealed that their business was going through loss because of Covid Pandemic and other issues.
Aman Gupta told them that he is out because their business is going through huge losses. Anupam Mittal said that he is out because of questionable health concerns with their products. Namita Thapar said that she is out because of Sodium included in their products. Amit Jain said that he is also out but he advised them to hire some digital marketing person. Vineeta Singh finally offered them Rs 1 crore for 8% Equity with the condition that all of this money will be spent on the working capital.
Finally the deal was made with Vineeta Singh for Rs 1 crore for 8% Equity.
Second Pitch – Vaibhav Sutariya, Shruti Sutariya, and Khayati Sutariya – Founders of Hobby India– A husband, wife, and sister duo came after which they made a pitch for their customized art & craft brand. Finally after making the pitch Vaibhav asked for Rs 50 lakhs for 3% Equity. Its was revealed that all of their employes are women and there are around 28 ladies working with them at present.
Sharks got very impressed with Vaibhav’s way of thinking and his overall vision. Namita Thapar said that she is out because this market is very crowded. Vineeta Singh and Amit Jain gave them a combined offer of Rs 50 lakhs for 20% Equity. Aman Gupta said that he is out. Anupam Mittal also told them that he is out.
Vaibhav gave Vinnet and Amit a counter offer of Rs 50 lakhs for 4% Equity. Vineeta Singh and Amit Jain then offered them Rs 50 lakhs for 15% Equity.
Finally no deal was made.
Third Pitch – Abhimanyu Dua and Shilpa Dua – Founders of Flhexible – A husband wife architect duo made a pitch for their foldable furniture brand which is based on honeycomb structure and then they asked for Rs 50 lakhs for 7.5% Equity. Namita Thapar asked the price of their foldable bench and Shilpa said that its Rs 7000. Sharks said that its way too expensive.
Anupam Mittal said that this furniture is very gimmicky because its not scratch free and also a lot of dust will get collected in it because of which this furniture can’t be made a part of the lifestyle.
Aman Gupta said that he is out because this concept is very gimmicky and also they are facing losses. Namita Thapar said that this model is not scalable in Indian market and that’s why she is out. Vineeta Singh also tells them that she is out. Anupam Mittal told them that this Dhanndha is Mandha and that’s why he is out. Amit Jain also said that he is out and then he wished them best of luck.
At last, no deal was made.
Fourth Pitch – Kartik Sabherwal and Vaibhav Kumar – Founders of Upthrust Esports – Two young founders made a pitch for their online virtual gaming events platform and then they asked ivestors for Rs 75 lakhs for 3% Equity. Kartik said that there are around 42 crores active gamers in India and Anupam told them that its not true because they are casual gamers after which it was revealed that there are 1 million active hardcore gamers and around 2 million active mid-core gamers in India at present.
Anupam Mittal said that there is no scope for investment in this business because they are basically E-Gaming organizers. Anupam told them that he is out because in this area there has no scope to scale after an extent. Namita Thapar said that she doesn’t have an expertise in this area and that’s why she is out. Vineeta Singh also said that she is out. Amit Jain also said that he is out because they don’t own a platform and they are a production company. Aman Gupta also said that he is out.
Finally no deal was made.
