Shark Tank India 2 11th January 2023 Written Update, Atypical Advantage Brand Pitch
Shark Tank India 2 11th January 2023 Written Update: SharkTank India 2023
Today's Shark Tank India 2 11th January 2023 episode starts with the first brand to come on the Shark Tank India 2 stage today - Atypical Advantage started by Vineet Saraiwala.
Atypical Advantage Jobs
Anupam Mittal reveals that he knows Vineet's brother, Anuj Saraiwala. Atypical Advantage aims to give employment opportunities to the disabled population of India as they have a very less employment rate.
Atypical Advantage demands 30 lakh rupees for 1% equity with a valuation of 30 crores.
The Sharks first congratulate Vineet for his amazing positivity.
Anupam Mittal offers him the first offer of 30 lakhs for 4.29% equity with a valuation of 7 crores and later Namita Thapar and Aman Gupta also joins him.
Peyush Bansal says that he wants to come to solo only if Vineet is positive to cut down the many angel investors already associated with Atypical Advantage.
Peyush offers him 1 crore for 12% equity with a valuation of 18.33 crores.
However, Anupam intervenes and starts a fight with Peyush who is trying to be bossy.
Anupam backs out, followed by Peyush.
Vineet then accepts Aman and Namita's offer of 30 lakhs for 3% equity with a valuation of 10 crores finally.
House of Chikankari Suit Coupon Code
The second brand to introduce and pitch their offer is House of Chikankari which presents a wonderful pitch in terms of a dance to the song "Ghar More Pardesiya".
Started by a mother & a daughter duo, Aakriti Rawal and Poonam Rawal, the House of Chikankari request 75 lakhs for 1% equity with a valuation of 75 crores.
The price range of the Chikankari pieces ranges from 2350-7000 rupees with a gross margin of 68-70%.
The Sharks get thoroughly impressed by the House of Chikankari's last month's sales which were around 1.82 crores.
Aman Gupta gives an offer of 75 lakhs at 5% equity with a valuation of 15 crores.
Namita backs off, and Peyush and Aman come together and close the deal with Aakriti and Poonam for 75 lakhs at 3.75% equity with a valuation of 20 crores.
Magic of Memories DNA Jewellery
The last brand to come on the stage is Magic of Memories, founded by Preety Maggo.
Magic of Memories creates DNA jewelry and demands 25 lakhs for 5% equity with a valuation of 5 crores.
The sharks make a face when Preety says the people have requested to store breast milk, blood, first hair, and even sperm.
However, all the sharks opt out since the concept seems new and Preety is advised to simplify the concept more.
End of today's Shark Tank India Season 2 11th January 2023 written update.
To download Shark Tank India Season 2 all episodes or watch today full episode (11 January 2023) online, go to sonyliv.com
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