Shark Tank India Season 2: Anupam Mittal scolded a butterfly pea tea brand company that claimed they were the first to market the tea in the Shark Tank India Season 2 show airing on February 6. As he has seen numerous brands in the US that are comparable, Anupam pleaded with them not to lie. Shark Tank 2, which debuted on January 2, features entrepreneurs presenting their brands to a few powerful investors known as Sharks. Aman Gupta, Vineeta Singh, Namita Thapar, Peyush Bansal, and Anupam Mittal are members of the Sharks. In the episode, there were three pitches.
Anupam Mittal thrashed the Idea
Nitesh Singh and Sunil Saha made their herbal tea brand’s third pitch, claiming to be the first to market blue colour tea. They requested Rs. 75 lakh for 1% stake with a valuation of Rs. 75 crore. Anupam criticised the entrepreneurs for claiming that their blue tea is the first brand in the world after the pitch was over. “I’ve travelled to the USA, and I know that people there have been consuming this tea for a very long period. Therefore, kindly share accurate information rather than false information.” Vineeta, Amit, Namita, and Anupam refused to participate, claiming they couldn’t trust them.
Shark Tank India Season 2: Aman Gupta gave closed the deal
Aman countered with an offer of Rs 15 lakh for 5% ownership and 12% debt. His second proposal was for Rs. 50 lakh for 3% equity and Rs. 25 lakh in debt with a 12% interest rate. The two agreed to the deal. However, Aman advised the Sunil to not speak much as he spoke too much while pitching the brand.
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER