WE SAW A LOT OF PUNE IN SHARK TANK

With season two of the popular business reality television Show Tank coming to its end, we take a look at budding entrepreneurs from Pune city who presented their unique business ideas and pitches with grit and conviction and wrote history by cracking some of the most splendid deals and getting funded.

Anirudh and Roshan Bhaskar, co founders of ABC Fitness, brought out their A-game on the stage and excited the judges with a fun basketball match against their students which was a part of their pitch. The sports training and tournament organizing company got funded by shark Peyush Bansal and took home forty lakh rupees against ten percent of their company’s equity.

Another young pair of entrepreneurs, Sunny and Sayyam Jain, pitched their Ayurvedic Hair and Skin Care Products brand Ghar Soaps on the show. The duo impressed shark Aman Gupta and got valued at 15 crores closing a deal of sixty lakh rupees.

Jain’s inspiring words for the youth from our interview were, “Never doubt yourself. Just believing in yourself will help you achieve anything you want.”

Ajinkya Dhariya, who got titled the new age “pad-man” for his sanitary pads recycling company Padcare labs, sparked the interest of four sharks, Anupam Mittal, Namita Thapar, Vineeta Singh and Peyush Bansal, due to its social cause and profitability.

He bagged a deal of rupees one crore against four percent of his equity, which was double the amount he asked for at the same valuation by the four sharks. Sharma ji ka atta, a floor brand based out of the city, cracked a deal of forty lakh rupees in exchange for twenty percent of their equity with shark Anupam Mittal. 

The company’s cofounder Sangeeta Sharma told us in an interview that her vision is to empower women by providing them with appropriate employment. 

Gluten-free snack company, The Healthy Binge founders Pranav and Karan Korke convinced sharks Aman Gupta and Peyush Bansal to fund them. They finalized a deal for fifty lakhs in exchange for five percent equity at a valuation of ten crore rupees.

Apart from the start-ups, Pune was also represented in the show by one of the sharks, Namita Thapar, head and executive director of Emcure Pharmaceuticals, who became a sensation for her dialogue “isme meri expertise nahi hai so I am out.”

(Translation: This is not my area of expertise so I am out)

10 Mar 2023
Pratishtha Bagai