Recently something similar happened again. Recently in Shark Tank India 2, pitchers Geetika Gupta and Anand Gupta arrived with their business idea. He is the co-founder of India’s first Parantha and Pakoda company. Judges Namita Thapar, Piyush Bansal and Aman retreat after Geetika and Anand Gupta’s presentation and discussion on the business deal. Anupam Mittal also backed out of the deal saying that he would not get good returns from it.
Namita Thapar, Aman mocked
But Amit Jain showed interest in Geetika and Anand Gupta’s idea and started asking them questions after questions. Seeing this, Aman told the pitchers Geetika and Anand that if Amit does not invest in your business after asking so many questions, then pick them up and thrash them. Hearing this, Judge Namita Thapar said, ‘Or we will do this on your behalf.’ Hearing this, all the judges start laughing.
Deal confirmed on 75 lakhs and 5% equity
Later, Amit agrees to invest in Jain, Geetika and Anand’s plan. He agrees to loan Rs 50 lakh and Rs 25 lakh in front of them on 5% equity. But on this Geetika and Anand give counter offers. After a lot of trying, the deal finally cracks. Amit Jain closes the deal with Geetika and Anand for 5% equity and Rs 75 lakhs.
Source: navbharattimes.indiatimes.com
: Language Inputs
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