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Shark Tank India pitcher met wife on Shaadi.com, took her away to live in a village with him for 2 years: ‘It was an extended honeymoon’

Shark Tank India 4: A married couple with PV Sindhu as their brand ambassador pitched their agro-tech business on the show, impressing the panel of 'sharks', but only selectively.,

shark tank india 62Anupam Mittal on Shark Tank India 4.

A married couple named Prateek and Aishwarya pitched their agro-tech brands Greenday and Better Nutrition on the latest episode of Shark Tank India, which is currently airing its fourth season. They asked for Rs 60 lakh in exchange of 1% equity, valuing their company at Rs 60 crore. Prateek said that he studied economics at SRCC, and then went to IIM Ahmedabad. This left the panel of ‘sharks’ very impressed. He said that he met Aishwarya on Shaadi.com, and then convinced her to move to a village with him for more than two years. There, they deeply studied the agriculture industry, and began producing grains with exceptional nutritional values.

They said that they partnered up with farmers, and increased their revenue from Rs 80 lakh to Rs 14 crore in a year. They also told the ‘sharks’ that they have raised Rs 4 crore in funding already, and have commitments for another Rs 6 crore. Prateek and Aishwarya also impressed the ‘sharks’ by informing them that they got funding from Olympic medalist PV Sindhu, and also got her on board as a brand ambassador. They also got MasterChef Pankaj Bhadouria to invest and endorse the company. Namita Thapar was impressed, and she became the first ‘shark’ to make them an offer. But she also asked for royalties.

Also read – Shark Tank India pitcher whose father died the day his episode aired returns to ask for Rs 10, gets all-shark deal

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Kunal Bahl revealed to his colleagues that he had come very close to investing in Prateek and Aishwarya’s business a few months ago, but had held back because he wanted him to grow a little more. He praised Prateek as an excellent founder, but said that he still isn’t entirely convinced by his approach. He said, “Smart people sometimes get stuck in bad businesses. You need a hard reset.” Kunal felt that the founders were caged by the Greenday business, and should focus on building Better Nutrition.

Peyush Bansal was also unconvinced by the founders, and said that because of this discomfort, he couldn’t back them. Anupam Mittal first made a joke about their stint in the village, and told Prateek, “Be honest, you were just on an extended honeymoon.” But on a more serious note, Anupam said that there was no way that he could formulate an offer for them, because their valuation was simply too high and he wouldn’t want to rock the boat and upset past investors. Vineeta Singh, however, showed interest and made them a similar offer to that of Namita, but didn’t include the royalties angle.

Prateek and Aishwarya asked Namita and Vineeta if they’d want to join hands, but Namita declined. In the end, they accepted Namita’s offer, despite the royalties, because she showed more conviction in the company. Peyush was shocked. “Everyone has a lucky day,” he said, and Namita replied, “I seem to be having a lot lately.”

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