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The latest episode of Shark Tank India entertained fans with their amazing and informative episode. A health-based company that claims to reduce your biological age was introduced to the sharks by Parth, Darshit and Rakesh. The cofounders revealed that their ask is of one crore for 1.5% equity in the company.
They began by saying that every person in the world wants to look and feel young.They further mentioned that they have health supplements that one can take to reduce their biological age. Namita, Aman and Vineeta, then ask them if they have scientific proof about the same. Responding to the same, Rakesh said that their products have reduced their consumers’ biological age by three. Later, Aman asked them about their chronological and biological age.
A fun revelation was made by the co-founders where they mentioned that Anupam had also taken the test to know his chronological and biological age.
Aman and Vineeta started to laugh and ask them about the same. However, the founders refused to reveal the details and said that it was confidential to the company. Further, Namita mentioned that she is out of the deal as she doesn’t feel India is ready for such products so soon. She mentioned that she feels like the products are too early for the country.
Aman, on the other hand, agreed with Namita and said that the founders are not able to offer them any scientific proof about their products, and hence they are unsure about it. Vineeta and Amit followed the same and backed out from the deal.
Anupam then offered them a royalty deal at one crore for 2.75% equity in the company. He said that his offer is of “1 Crore for 2.5% Equity + 1% Royalty until 1.5 crores is recouped.” His offer shocked all the sharks with Amit Jain saying, “Don’t be brutal on them.”
They began by saying that every person in the world wants to look and feel young.They further mentioned that they have health supplements that one can take to reduce their biological age. Namita, Aman and Vineeta, then ask them if they have scientific proof about the same. Responding to the same, Rakesh said that their products have reduced their consumers’ biological age by three. Later, Aman asked them about their chronological and biological age.
A fun revelation was made by the co-founders where they mentioned that Anupam had also taken the test to know his chronological and biological age.
Aman and Vineeta started to laugh and ask them about the same. However, the founders refused to reveal the details and said that it was confidential to the company. Further, Namita mentioned that she is out of the deal as she doesn’t feel India is ready for such products so soon. She mentioned that she feels like the products are too early for the country.
Aman, on the other hand, agreed with Namita and said that the founders are not able to offer them any scientific proof about their products, and hence they are unsure about it. Vineeta and Amit followed the same and backed out from the deal.
Anupam then offered them a royalty deal at one crore for 2.75% equity in the company. He said that his offer is of “1 Crore for 2.5% Equity + 1% Royalty until 1.5 crores is recouped.” His offer shocked all the sharks with Amit Jain saying, “Don’t be brutal on them.”
Shark Tank India 3’s Anupam Mittal, Vineeta Singh, Amit Jain, Aman Gupta on the viral memes
Later, The founders gave a counteroffer of 1.75% equality. However, Anupam denied that and said that the least he could do was 2.25% of the ownership. After a brief discussion about the same Darshan, Parth and Rakesh agreed to the same and logged in the deal.
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