Shark Tank India Season 2 is inspiring the young entrepreneurs of India to think big and start their own venture without any hesitation as Sharks believe that mistakes are the best teacher for anyone. The young entrepreneurs Oshi Kumari, Arth Chowdhary and Deyvant Bhardwaj came to present their brand ‘Inside FPV’, a drone making brand. They impressed the sharks with their pitch and sharks were shocked when they shared that they are just 19-years-old. Sharks were impressed with the performance of the drone as they started their pitch by flying a drone inside the sets of Shark Tank India 2.
Shark Tank India Season 2: Sharks enjoyed the live experience of drone
Peyush Bansal and Aman Gupta witnessed the live experience of their brand and Amit Jain flied a drone. However, their drones impressed the sharks and it’s the first company of India that makes drone. Amit Jain and Aman Gupta said that Inside FPV is not the first one in the market as they both bought drones earlier. The young entrepreneurs told they are made of foreign companies like China and France based. Inside FPV is the first company of India which makes drones. They asked for 75 lakhs with the exchange of 4% equity.
Apart from Anupam Mittal, every Shark shared the deal
The full form of FPV is First Person View and Arth and Deyvant shared that Oshi is the first FPV pilot of India and this made Namita Thapar very happy. Peyush Bansal gave an offer of 75 lakhs for 15% equity with the debt of 30 lakh at no interest. However, Amit Jain and Namita Thapar gave them offer of 75 lakhs for 12% equity without debt. Oshi Kumari, Arth Chowdhary and Deyvant Bhardwaj requested the Sharks to come along for this deal and the Sharks asked to raise equity. The deal was closed for 75 lakhs for 15% equity.
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