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Shark Tank India Season 4 Episode 2 (7 Jan 2025): All Pitches, Offers, and Deals – Full Update!

The highly anticipated Shark Tank India Season 4 Episode 2, which aired on 7th January 2025 at 8:00 PM on Sony Liv, delivered yet another exciting evening filled with innovative pitches, intense negotiations, and surprising deals. Featuring an esteemed panel of Sharks—Aman Gupta, Kunal Bahl, Namita Thapar, Ritesh Agarwal, and Vineeta Singh—the episode showcased three unique pitches: a fabric brand, a reseller business, and a healthcare solutions provider.

Here’s a detailed recap of all the pitches, offers, and final deals!

Shark Tank India Season 4 Episode 2 Ak 5 Sharks Panel photo

Pitch 1: BL Fabric

  • Founder: Mayur Bharatbhai Gediya
  • Type: Fabric Brand
  • Original Ask: ₹1 Crore for 2% Equity

Mayur impressed the Sharks with BL Fabric’s exquisite designs and competitive pricing. The brand’s social media presence, boasting a reel with 47 million views, wowed everyone. Mayur shared that he single-handedly manages the brand’s content, which raised concerns about a potential “key man risk.”

Sharks’ Responses

  • Namita Thapar: Too risky; opted out.
  • Vineeta Singh: Not investable; opted out.
  • Ritesh Agarwal & Kunal Bahl: Offered ₹1 Crore for 5% Equity individually.

Mayur countered for 3% equity, but the final deal was a joint investment by Ritesh and Kunal: ₹1 Crore for 5% Equity, with a condition to reduce it to 4% if Mayur achieves ₹15 Crore revenue in a year.

Pitch 2: Culture Circle (Reseller Business)

  • Founders: Devansh Jain Nawal and Ackshay Jain
  • Type: Reseller Business
  • Original Ask: ₹1.2 Crore for 0.5% Equity

The pitch opened with a jaw-dropping valuation of ₹240 Crore, leaving the Sharks stunned. Devansh showcased luxury items like a pair of ₹10 lakh shoes, emphasizing the business’s niche appeal. However, the Sharks expressed concerns about their motives and market sustainability.

Sharks’ Responses

  • Namita Thapar: Opted out due to potential future risks.
  • Vineeta Singh: Believed it was more about marketing than securing a deal; opted out.
  • Kunal Bahl: Offered ₹1.6 Crores for 2% Equity.
  • Ritesh Agarwal: Offered ₹1.2 Crores for 1.33% Equity.
  • Aman Gupta: Offered ₹40 Lakhs for 1% Equity + ₹80 Lakhs debt (10% interest over 2 years).

The founders accepted a dual deal: ₹2 Crores for 2% Equity from Kunal Bahl and ₹1 Crore for 1% Equity from Ritesh Agarwal.

Pitch 3: Nexera.health

  • Founder: Himanshu Rajpurohit
  • Type: Healthcare Solutions for Employees
  • Original Ask: ₹75 Lakhs for 1% Equity

At just 19 years old, Himanshu delivered a confident pitch but faced tough scrutiny. While his background and demo were appreciated, the Sharks were concerned about his company’s lack of preparation—such as launching the website only two days before the pitch.

Sharks’ Responses

  • Namita Thapar: Didn’t find the business unique; opted out.
  • Vineeta Singh: Couldn’t understand the purpose; opted out.
  • Kunal Bahl & Ritesh Agarwal: Declined investment but offered support for future ventures.
  • Aman Gupta: Cited overconfidence due to past successes; opted out.

No deal was made for Nexera.health, though the Sharks encouraged Himanshu to refine his approach.

Episode Highlights

  • The Sharks were impressed by the passion and creativity of the entrepreneurs.
  • Joint deals made a significant mark in this episode, showcasing collaboration among Sharks.
  • A blend of established entrepreneurs and youthful innovation added variety to the pitches.

By admin

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