Will the sharks fall for the taste of ‘The State Plate’?
Shark Tank India shares a new promo in which ‘The State Plate’ a food brand comes and pitch about their website, their website has variety of food available in India’. The sharks offer 10% of equity. What will be the actual offer we’ll know in today’s episode at 9pm on Sony TV.
— Shark Tank India (@sharktankindia) January 14, 2022
In yesterday’s episode, the ‘Ethik’ a shoe brand by Pankaj and Bharat from Bangalore were not able to convince the sharks and all the sharks were out of deal. The next company was brainwired, a cow health-care application, from Kerela. The ask for 50 lakhs for 5% of equity and the company valuation was 10 crore. After few negotiations the deal gets closed at 60 lakhs for 10% equity from Aman, Peyush and Namita. The next company was ‘Keto India’ a keto diet application, the owner is Sahil. He asks for 1.5 crore for 1.25% equity and the company valuation was 120 crore. But Ashneer, Aman and Namita offer 1.6 crore for 16% equity. After thinking and offering a counter deal, all the sharks get out of the offer. The last company that comes in the episode was ‘Magic Lock’ a device to protect gas leakages. They ask for 1.2 crore for 8% equity and the company valuation was 15 crore. This did not impress the sharks, hence they were all out of the deal.