Shark Tank India Season 4 Episode 15, which aired on January 24, 2025, featured three fascinating pitches: a wireless and rechargeable lighting brand, an innovative fintech app, and a health and wellness startup. The Sharks analyzed these pitches with their trademark blend of sharp business acumen and candid feedback. From impressive sales to debates over scalability, this episode had it all. Let’s dive into the pitches, offers, and final deals made in this exciting episode.
Panel of Sharks for Episode 15
The panel of investors for Shark Tank India Season 4 Episode 15 included:
- Aman Gupta (Co-founder & CMO, boAt)
- Anupam Mittal (Founder, Shaadi.com)
- Namita Thapar (Executive Director, Emcure Pharmaceuticals)
- Peyush Bansal (Co-founder & CEO, Lenskart)
- Ritesh Agarwal (Founder & Group CEO, OYO)
Pitch 1: Rosha – Wireless and Rechargeable Lighting Brand
- Founders: Kamwardeep Singh, Gaurav Tikiya, Shivam Dewan
- Original Ask: ₹60 lakhs for 1% equity
The first pitch came from Rosha, India’s first wireless, rechargeable lighting brand. The founders showcased their lamps, which offer 8–10 hours of use after a 3–4 hour charge. With over 100 designs, they target the hotel and restaurant (HORECA) sector as well as households, boasting 5000+ clients.
Highlights:
- 50% of their products are manufactured in India.
- Their lamps are already in use by major hotels and lounges.
- Aman Gupta’s mother was impressed by one of their lamps, and the founder personally delivered it to Aman’s house!
Sharks’ Responses:
- Namita Thapar: Opted out, citing scalability concerns.
- Peyush Bansal: Declined the offer as it didn’t align with his investment interests.
- Anupam Mittal: Felt disrespected during the pitch and backed out.
- Aman Gupta & Ritesh Agarwal: Made a joint offer of ₹60 lakhs for 4% equity + 1.5% royalty until ₹90 lakhs is recouped.
Final Deal:
The founders accepted the joint offer from Aman Gupta and Ritesh Agarwal for ₹60 lakhs for 4% equity + 1.5% royalty.
Pitch 2: Make My Payment – Fintech App
- Founders: Vijay Nihalchandani, Chirag Nihalchandani, Pooja Nagdewani, Kapil Dave
- Original Ask: ₹30 lakhs for 3% equity
The second pitch introduced Make My Payment, a fintech app designed to help individuals and businesses recover unpaid dues. Their app sends reminders, including phone calls, to debtors.
Highlights:
- The app operates on a subscription model with 3500 users, but only 204 are paying subscribers.
- It is still at a pre-revenue stage.
- One of the founders, Vijay, revealed he’s also a content creator with 1M Instagram followers, earning ₹5 lakhs/month.
Sharks’ Responses:
- Namita Thapar: Advised shutting down the business due to its limited potential.
- Aman Gupta: Felt the idea wasn’t strong enough to succeed.
- Anupam Mittal: Told the founders they were wasting time and declined.
- Peyush Bansal & Ritesh Agarwal: Also opted out, citing a lack of scalability and investability.
Final Deal:
No deal was made for this pitch.
Pitch 3: Patch Up – Health and Wellness Brand
- Founder: Radhika Rajpal
- Original Ask: ₹50 lakhs for 1.75% equity
The final pitch came from Patch Up, a health and wellness brand offering vitamin patches that deliver nutrients directly through the skin. Radhika demonstrated how the patches work and shared her mission to provide zero-additive supplements to Indians.
Highlights:
- The 90-day pack costs ₹4000, which some Sharks felt was expensive.
- No trials had been conducted on the product yet.
- Namita Thapar pointed out misleading claims on the packaging, which suggested trials had been done.
Sharks’ Responses:
- Namita Thapar: Opted out, citing a lack of depth in Radhika’s vision.
- Aman Gupta: Found the valuation too high and declined.
- Ritesh Agarwal: Offered ₹50 lakhs for 5% equity.
- Anupam Mittal: Offered ₹50 lakhs for 2.27% equity.
- Peyush Bansal: Made two offers:
- ₹50 lakhs for 2.27% equity.
- ₹2 crores for 9% equity.
Final Deal:
Radhika accepted Anupam Mittal’s offer of ₹50 lakhs for 2.27% equity.
Summary of Episode 15 Deals
Here’s a quick recap of all the pitches and deals from Shark Tank India Season 4 Episode 15:
Brand Name | Ask | Final Deal | Sharks Involved |
---|---|---|---|
Rosha | ₹60 lakhs for 1% | ₹60 lakhs for 4% + 1.5% royalty until ₹90L | Aman Gupta, Ritesh Agarwal |
Make My Payment | ₹30 lakhs for 3% | No Deal | None |
Patch Up India | ₹50 lakhs for 1.75% | ₹50 lakhs for 2.27% equity | Anupam Mittal |