shark tank india It’s in its final week so fans of the show only have a few more pitches they can watch this season. In a pitch shared recently Sony TV’s Instagram handle, an entrepreneur presented his product On2Cook, which is a faster way to cook.
The entrepreneur presented his new cooking technology that can save up to 70% cooking time and 50% energy. As he talked about his product, he also gave a demonstration and prepared some chicken for ‘Shark’. In seven minutes, he prepared a delicious food item that really impressed the judges but the business didn’t turn out to be very impressive. He asked for Rs 1 crore for 1% equity, thus valuing his company at Rs 100 crore.
Since the business was pre-revenue, Vinita Singh dropped out saying that she does not invest in pre-revenue ventures. The other ‘sharks’ tried to know about the business as Anupam Mittal asked more questions about the finances of the business but got no satisfactory answer. As the entrepreneur suggested that he has some outside investors interested, Anupam Mittal And Aman Gupta | Wanted to know more but found that no one has invested in the business yet.
Namita Thapar said that she would not be a user of this product and was out. But she suggested that he should return next season after some sales had taken place. Piyush Bansal suggested that the entrepreneur should send a sample of his product after starting the sale so that he has at least one sale to his credit.
Ashneer Grover compared the entrepreneur’s look from the film Shaan to that of Shakal and said that the way the villain fed his shark was the same as he was feeding potential investors in the show. He was out too. Aman was the last ‘Shark’ to go out.
The entrepreneur suggested that if he could not find any investors in the show, he would hire a CEO and give him 5% of the company so that he could build the business. The Sharks supported his idea but the entrepreneur walked out without a deal.
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