First Time Ever On Shark Tank! A Pitcher Receives Open Offers, Blank Cheque From Peyush Bansal

Shark Tank India 2 is on air and entertaining audiences expectedly. Innovations this season are brand new, problem solvers and change makers. Interestingly, some established brands and products are also arriving to raise an investment making this season even more exciting. In a recent episode, one pitcher ended up earning open offers with his brand.

Also Read: Remember Jugaadu Kamlesh From Shark Tank India? Here’s How Peyush Bansal Helped Him Scale Up

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In a promo shared by Sony TV that didn’t reveal any identity of the company or product, a man receiving open offers can be seen.

Lenskart founder Peyush Bansal was heard telling the pitcher, “You had come for Rs 50 lakhs. Aapko Rs 1 cr chahiye ya 2 cr chahiye, aap vo lelo aur aapki valuation pe (You take as much amount you want at the valuation you want).” Aman said alongside, “It has never happened before, people are giving you an open offer.” Peyush in his next step offered a blank cheque to the entrepreneur.

In another promo, an entrepreneur named Kalpit Patel introduced his brand of an electric car and left all sharks impressed.

Telling the ‘sharks’ how he aims at a revolution with his electric car, Kapil described his vehicle as an easy, everyday car. His ask was for Rs 1 crore in exchange for 1% equity. The pitcher who left Peyush intrigued further shared, “I visited a lot of garages and I opened a lot of cars and saw what’s inside them.”

Unlike any other electric car, Kapil’s car could be operated from a mobile app without even sitting inside it. When Aman Gupta asked him if his product was cheaper than a CNG-run car, Kalpit said, “Yes sir aath aane mein chalegi (It will function at 50 paise per kilometre).”

Also Read:?‘Aaj Ke Baad Iss Baare Me Mat Sochna’: BoAt’s Aman Gupta Tells A Pitcher On Shark Tank India 2

Sharks complimented Kapil and launched their offers. Where Namita offered Rs 70 lakh for 5% equity, Vineeta and Aman gave a joint offer. Their deal was Rs 70 lakh for 2.95% equity. Anupam Mittal on the other hand offered Rs 60 lakh for 1% equity. Which offer he accepted remains unknown to be seen in the episode.

In this season, sitting on the investor's seat are entrepreneurs Namita Thapar (EmCure), Peyush Bansal (Lenskart), Vineeta Singh (Sugar), Aman Gupta (boAt), Anupam Mittal (Shaadi.com) and Amit Jain (CarDekho). Absent from the first season are entrepreneurs Ashneer Grover and Ghazal Alagh.

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