In a recent episode of Shark Tank India, two entrepreneurs showcased their interview hosting platform, seeking Rs 1.5 crore in exchange for a 1% equity stake, valuing their company at Rs 150 crore. Initially, their pitch captivated all five sharks, but the negotiations took an unexpected turn when Namita Thapar withdrew from the discussions, citing philosophical differences with their idea.
The entrepreneurs received a pleasant surprise when Deepinder Goyal discovered that his company, Zomato, was already using their platform. This revelation, coupled with Goyal’s belief in the platform’s potential to become a global phenomenon, hinted at a lucrative deal in the making. Anupam Mittal also expressed admiration for the entrepreneurs, praising their solid salesmanship.
Aman Gupta, known for his witty movie references, likened one of the entrepreneurs to the protagonist of “Rocket Singh,” lauding their exceptional sales skills. The reference not only highlighted the entrepreneur’s persuasive abilities but also underscored Gupta’s appreciation for their pitch.
The episode showcased the power of a compelling pitch and the importance of having influential backers who recognize the potential of innovative ideas. With Zomato already on board as a customer and enthusiastic endorsements from seasoned investors, the future looks promising for the interview hosting platform and its ambitious founders. As they continue to navigate the entrepreneurial landscape, their journey on Shark Tank India serves as a testament to the transformative impact of innovative startups in shaping industries and driving economic growth.