This Startup That Got A Deal From All Five Judges On Shark Tank India Is 'Returning' The Cheques: Here's Why

A startup that secured investment offers from all five judges on Shark Tank India is now in the process of "returning" the investment checks.

IT Trending DeskUpdated: Apr 12, 2024, 13:01 IST
2 min read
An Indian Startup Which Won All 5 Judges' Approvals On Shark Tank Is 'Returning' The Cheques

In a surprising turn of events, the startup that secured deals from all five judges on Shark Tank India is now making waves by returning the cheques.

This unexpected decision has left many baffled, prompting questions about the motives behind such a move.

While initial success on the popular entrepreneurial show typically spells triumph for budding ventures, this startup's choice to reverse course demands attention.

Delving deeper, it becomes evident that there's a compelling narrative driving this reversal, one that challenges conventional notions of success and growth in the startup ecosystem.

By unraveling the reasons behind their decision, we gain insight into the complexities and uncertainties inherent in the entrepreneurial journey.

This article explores the intriguing story behind the startup's bold move and examines the broader implications it may have for the startup landscape in India.

What Made This Startup Return The Cheques?

An Indian Startup Which Won All 5 Judges ¡®Shark tank India startup returns cheque after all 5 judges approve deal | Image: Instagram

P-TAL, a startup specializing in crafting brass, copper, and kansa products, was featured on Shark Tank India, where it garnered deals from all five judges on the panel.

However, they recently announced on Instagram their decision to "return" these investments, revealing a deeply emotional reason behind it.

Through their official Instagram account, P-TAL conveyed their intention to return the investments to all five sharks from Shark Tank India who had invested in them.

They elaborated that each of the five sharks, namely Aman, Anupam, Amit, Namita, and Vineeta, had committed ?20 lakh each for a 0.64% equity stake, alongside offering their expertise, experience, time, and networking connections.

An Indian Startup Which Won All 5 Judges ¡®Shark tank India startup returns cheque after all 5 judges approve deal | Image: Instagram

When P-TAL shared this news with their artisans, they witnessed an overwhelming display of joy and gratitude, with tears of happiness.

In appreciation of their artisans' dedication, P-TAL expressed their gratitude by sending each of the five sharks a symbolic cheque representing love, respect, and blessings from their artisans.

Additionally, P-TAL posted a heartwarming video featuring their factory workers, who joyfully expressed their excitement about being featured on national television.

An Indian Startup Which Won All 5 Judges ¡®Shark tank India startup returns cheque after all 5 judges approve deal | Image: Instagram

Towards the end of the video, a man is depicted signing cheques in the names of each of the Shark Tank India judges.

Alongside the cheques, heartfelt messages were inscribed, expressing gratitude, repayment, and blessings for the judges' support.

This poignant gesture underscores the profound impact the artisans felt from the opportunity to showcase their craftsmanship on a prestigious platform.

It highlights P-TAL's commitment to honoring and reciprocating the support they've received.

Where Can You Watch The Video?

You can watch the viral video on Instagram posted by P-TAL | Brass, Copper & Kansa.

How Did The Internet React?

In just a day since its posting on Instagram, this heartfelt post by P-TAL has resonated widely, garnering an impressive 62,000 views.

The outpouring of support and appreciation is further evidenced by the nearly 2,000 likes it has received, along with numerous comments.

An Indian Startup Which Won All 5 Judges Internet reacts to ¡®shark tank India startup returns cheque after all 5 judges approve deal | Image: Instagram

An Indian Startup Which Won All 5 Judges Internet reacts to ¡®shark tank India startup returns cheque after all 5 judges approve deal | Image: Instagram

What do you think about it? Do let us know in the comments.

For more trending stories, follow us on Telegram.

IT Trending Desk

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