Shark Tank India Season 2: In the season-2 of the business reality show Shark Tank India (Shark Tank India Season-2), great startups and ideas are coming out in the country. Some startups are coming out in the show in such a way that even the judges of Shark Tank India are shocked to see them. In the trailer released for the next episode, a team of 3 people is being told the idea for the drone company in the show. There is a group of two boys and one girl. Although both the boys have just left the college after completing their studies, while the girl is still in her fourth year in college. Know what is special….
Team started in just 5,000
3 young entrepreneurs from Vellore Institute of Technology – Oshi Kumari, Artha Chowdhary and Devyant Bhardwaj have pitched their drone business to the sharks. Oshii, Arth and Devyant together reveal that they started their company Team Inside FPV with an investment of just Rs 5,000 and are now expecting the sharks to raise Rs 75 lakh in return for 4 per cent equity in their company. Will invest.
Demand placed for 75 lakhs
Two boys and a girl have demanded Rs 75 lakh from the judges of Shark Tank in exchange for 4 per cent equity to grow their business. When the shark wanted to know about the financial condition of the company, he said that it has earned Rs.85 lakhs in the last month. Hearing which the shark could not believe. Also, he is hopeful that this year he can reach the target of Rs 4 crore.
Sharks team praised the children
Shark has appreciated this team a lot. Namita Thapar (Executive Director of Emcure Pharmaceuticals), who is among the shark judges, says that it is wonderful to see a girl in the team. On the other hand, Amit Jain, CEO & Co-Founder – (CarDekho.Com) heard his financial condition and said, “What’s the matter.” While Piyush Bansal of Lenskart says, “I was feeling less and less.”
deal will be final or not
So far it has been seen in Shark Tank that traders or small entrepreneurs demand more funding than revenue generation. Equity offers are also very less in this. Now these people have probably liked the sharks to ask for funding of 75 lakhs on the income of 85 lakhs. Now it has to be seen whether the deal between the sharks and these entrepreneurs will be final or not. Its information will be known in the next episode.
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