Shark Tank India Season 3: The new season of popular television show Shark Tank India started airing on television and the viewers are watching the show with excitement because they want to know about new brands and innovations. In the new episode of the show, a brand named WeHear came to ask for the investment and the co-founders Kanishk Patel and Raj Shah came from Ahmedabad to pitch for their company. WeHear gives cost-effective hearing solutions using advanced technology. They impressed the sharks with their innovative approach but faced the wrath of Anupam Mittal.
Shark Tank India Season 3: Anupam Mittal Slams the Co-founders
The co-founders Kanishk and Raj impressed the sharks with their innovations but their demand shocked them. They asked for 2.5 crores at 1% Equity which means the valuation of 250 crores. They made the Sharks wear the product and made them very happy, although Anupam Mittal did not like the product. However, all the other sharks showed interest and learned about their brand in detail. Anupam Mittal outs himself and slams co-founders after knowing everything about their brand.
They were talking about the sales and Anupam Mittal said, “Aap bahut tigdambaaz ho. Aap kahan se kahan pahunch jaate ho kya karlete ho mujhe samajh nahi aa raha. Itni revolutionary company, IP based company ka itna unconventional funding ka rasta abhi tak nahi dekha. Main aapko jyada help nahi kar paunga…for these reasons I’m out.”
Peyush Bansal locked the deal
The other sharks were out of the deal but Peyush Bansal countered their offer and gave them a new one. However, they were not impressed and countered his deal. Peyush gave him a new deal for 2.5 crores for 1% equity plus 1.5% advisory equity. The entrepreneurs locked the deal with Peyush.