Business
Flatheads, a startup making eco-friendly sneakers, asked for Rs 75 lakh for 3% ownership. However since the founder lacked marketing expertise, no sharks agreed to invest.
Theka Coffee offers 12 flavors of cold coffee in beer bottles. The founder asked for INR 50 lakhs for a 10% share, but investors declined. However, the brand later raised 2.5 Cr.
Zypp Electric, a company using technology for electric vehicles, asked for Rs 2.2 Crore for 1% ownership but was declined by investors. Despite this, it has grown recently.
Asia's first meadery founders requested INR 80 lakhs for a small stake, but the sharks declined the deal.
The founder asked for INR 50 lakhs for 5% ownership but was declined. Later, Namita Thapar regretted not investing earlier and did so after 2 months.
A streetwear clothing company asked for INR 1 Cr for a 1% stake, but even with the brand's popularity and celebrity endorsements, the shark said no.
Keto India, promoting healthy eating, asked for Rs 1.5 crore for 1.25% ownership. Four sharks were interested but the founder disagreed on valuation.