Shark Tank India Season 2: Gursaurabh Singh came to present his invention Dhruv Vidyut Electric Conversion Kit under his company DV. However, he made a shocking ask among the Sharks as he asked for 100 hours for 0.5% equity. Sharks were shocked to hear that and Peyush Bansal, Aman Gupta and Anupam Mittal reminded him because his video went viral on the Internet in February 2022. He apologized to them and shared that this is one of the biggest reason that he came to ask for the help of investors.
Shark Tank India Season 2: Pitcher‘ vision and inspiring words impressed Sharks
Pitcher explained his ask that he asked for time instead of money because he wants the mentorship of Sharks. He haven’t let the Sharks speak while elaborating a point and Anupam Mittal said to him that he should let others speak also. Pitcher said that his motor is 45% more effective then Bosch motors and Anupam asked him to make motors but he said that he want to make this product. However, Anupam Mittal also asked him to project a valuation but Gursaurabh said that it’s not possible for companies like DV to tell any valuation. His vision and inspiring talks impressed the Sharks and Anupam also confessed it while giving him offer that he influenced Anupam with his offer.
Vineeta Singh and Namita Thapar stepped out of the deal and Peyush also stepped out of the deal. Anupam Mittal gave him conditional offer that if he will promise of earning 1 crore in one year then Anupam will give him 100 hours for 0.5% equity. Aman Gupta and Peyush Bansal came together and gave him a space on Peyush’s company without any rent for making the product but they put a condition that Aman and Peyush will be the first investor when he will start the company. Gursaurabh asked Anupam to join them and they all closed the deal for 100 hours for 0.5% equity.
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