Anupam Mittal and Namita Thapar connected Shark Tank India 4.
A joined mates with decades of acquisition successful the firm assemblage pitched their marque Gofig connected the latest occurrence of Shark Tank India‘s ongoing 4th season. Through the business, they program connected selling ‘surplus and near-expiry’ products that would different spell to waste. They informed the sheet of ‘sharks’ that nutrient worthy an estimated Rs 50,000 crore is dumped each twelvemonth due to the fact that it has expired. They program connected selling specified products by tying up straight with brands, and uncovering channels done which the products tin beryllium sold to consumers. The couple, Disha and Gaurav, asked for Rs 50 lakh successful speech for 2% equity, valuing their concern astatine Rs 25 crore.
They admitted that they are presently pre-money, but it was their exemplary that sparked a statement among the ‘sharks’. Tension could beryllium felt betwixt Namita Thapar and Anupam Mittal from the onset, aft Anupam commented connected Gaurav’s household business, and said that adjacent Namita ‘inherited’ her institution from her father. But things became heated erstwhile Anupam said that Gaurav and Disha are ‘independently wealthy’, and asked them, “Do you adjacent request to enactment for wealth now?”
This seemed to irk Namita, who said, “What benignant of question is that?” Anupam replied, “It’s a precise applicable question Namita, fto maine finish. This is Shark Tank, it’s capitalism successful its existent form. If you’re uncomfortable with that question, you shouldn’t beryllium here.” Anupam said that helium disagrees with the founders’ model, and told them that they should deliberation astir mounting up carnal stores alternatively of trying to physique a B2B business. “India mein value-seeking, bargain-hunting customers ki enactment lag jayegi. I don’t fundamentally hold with your thesis, and fundamentally, I don’t similar wherever this is going, truthful I’m out,” helium said.
Namita made it wide that she doesn’t hold with Anupam’s constituent of view, and said that she believes wealth tin beryllium made portion doing bully for society. But she backed retired arsenic well. Aman Gupta said that helium cannot put successful them astatine this aboriginal a stage, portion Ritesh Agarwal agreed with Anupam, and advised them to acceptable up carnal stores. Even Peyush Bansal was of the aforesaid opinion.
He said that astatine this stage, he’d privation a 3rd of their company, and offered them Rs 1 crore. “You person a precise unique, caller idea. Expiry is simply a large problem. The occupation is that you guys person travel from a consulting background, truthful you’re over-engineering. Drive the car, my friend. Open a store. Until you deliberation similar a disruptor, it’ll beryllium precise difficult. I’m conscionable telling you to alteration your thought-process,” helium said. Ultimately, they couldn’t marque a deal, and the founders near bare handed.