Shark Tank India Season 2: People from different places come to the show to promote their brand and close a deal with the experienced and successful entrepreneurs of our country. Shamiullah and Abid came from Kashmir to present their logistics brand FastBeetle and they impressed the sharks with their pitch and sharks also asked about their vision as it’s nearly impossible to see entrepreneurs from Kashmir. Aman Gupta asked them the reason behind the lack of entrepreneurs from Kashmir and they said that “there’s a lack of motivation and opportunities in Kashmir and this is the reason that young people go behind employment.”
Shark Tank India Season 2: Shamiullah and Abid wanted Aman and Peyush
Shamiullah and Abid also shared that they are working then the famous brands as their expertise of knowing the area very well is helping them to reach more customers in time. They asked for 90 lakhs for 3% equity and Aman Gupta gave them offer with debt but Peyush Bansal changed the game as he gave the offer of 90 lakhs for 9% equity. Aman Gupta matched the offer and Peyush Bansal said, “Kya hua ab loan nahi dena hai. Mujhe thank you kahiye aap aapka loan maaf kara diya maine.” Peyush Bansal matched the offer but they countered the offer with the offer of 90 lakhs for 5% equity. Aman and Peyush Bansal came together as Shamiullah and Abid wanted only them in their company.
Aman Gupta-Peyush Bansal join forces for Kashmir
Aman Gupta and Peyush Bansal gave a combined offer of 90 lakhs for 9% equity and after the negotiation, Aman Gupta took the equity to 7% but FastBeetle countered it with the offer of 90 lakhs for 8% equity. At the end, Aman and Peyush closed the deal for 90 lakhs for 7.5% equity.
Also Read: Shark Tank India Season 2: Man finds his landlord on the show; calls it ‘Peak Bengaluru Moment’
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