New Delhi: After a successful sequel, Shark Tank India proved itself as a successful adaptation of its American counterpart.
Now that season 2 has come to an end, fans as well as Sharks are writing emotional tributes for marking the end of the journey.
Shark Tank Season 2’s 26th episode was the final one for this season. The 26th episode was titled “Bharat Badal Raha Hai.”
Let’s run a quick recap as we bid adieu to the 2nd season of Shark Tank India.
1. Gavin Paris
Adhering to the changing demands of fashion, this pitch was made by Kishore Jairamka and Ashutosh Roy who presented their brand Gavin Paris.
Gavin Paris is a fashion line for oversized, trendy, and unisex clothing. Since baggy fashion is making a comeback, the brand produces 100 premium-cotton T-Shirts for the medium range market.
The founders demanded 50 Lakhs for 5 percent of the equity.
In just 7 months, the company has completed sales worth 1.4 crores in just 7 months. Though, the Sharks were able to look past the tempting numbers and question the power dynamics between Ashutosh and Kishore. Since Ashutosh who had a much bigger contribution, was getting only 10 percent of the equity margin, Anupam Mittal headed out as it goes against his morals.
Kishore who is decades older than Ashutosh was getting 90 percent of the shares despite Ashutosh, a young entrepreneur doing most of the work.
Since sharks felt that Kishore wasn’t giving his co-founder his fair share, they headed out. While Vineeta offered a deal on the condition that Kishor raises Ashutosh’s equity to 40 percent, Amit and Aman wanted to support Ashutosh in starting his own business where his efforts are respected.
In the end, Galvin Paris went back with empty hands or maybe with feelings of rebellion within Ashutosh.
2. Unstop
Unstop is an online platform that aids graduates with employment opportunities by bringing them to the notice of companies and helping in further assessment processes.
Ankit Aggrawal’s Unstop was previously known as Dare2compete.com. As of now, the job-seeking platform has 40 Lakh students and 200 companies on board with them.
Unstop has different assessment criteria that look beyond just the resume. The new year’s sales of the company are 30-35 crores.
Hence, the pitch demand 1 crore for 1 percent of equity.
Amit Jain shocks everyone as he offers a 5 crore cheque for 10 percent of equity. But gradually most sharks are interested so they make a joint offer. Aman, Amit, Namita, and Anupam get the deal with 2 crores for 4 percent of equity.
3. Blue Tea
In a claim to be the first of its kind, Sunil Saha and Nitesh Singh make a pitch for their brand Blue Tea.
Blue Tea is made of flower extracts and has a dazzling blue shade to drink.
However, their claim to the first Blue tea brand was stomped on by Anupam Mittal who says he has tried the same drink in the United States.
Amit on the other hand, calls them ‘Topibaaz’ for the gimmicky product.
Blue Tea’s expected sales for the year are 30 crores. With such numbers, despite earlier squabble, Aman Gupta finally extends his hand towards them with 50 Lakhs for 3 percent equity and 25 lakhs for 12 percent interest.
