In a special episode of Shark Tank India 4, Aman Gupta, co-founder of boAt, shared his experience attending a global summit at the United Nations Headquarters.
For the first time, Sharks, Dragons, and Lions—the investor panels from different versions of Shark Tank worldwide—came together to discuss sustainable development goals (SDGs).
Aman expressed his excitement, saying, “It feels great. We are going to talk about sustainable development goals. Every entrepreneur and leader should know about this and how it impacts the world and humanity.”
Meeting business leaders from around the globe gave Aman valuable insights and broadened his perspective. He emphasized the importance of such collaborations in shaping a better future. One key takeaway for him was the need to prioritize gender equality.
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“We have been making efforts, but we need to do more. Entrepreneurs should focus on solving one problem at a time for lasting impact,” he added.
The episode also featured two promising pitches. First, Rescript founders Ashutosh and Naren presented their sustainable stationery brand, seeking Rs 1 crore for 3.33% equity. Although they didn’t secure a deal, Anupam Mittal saw potential in their idea and offered to stay in touch, sharing his contact details.
Next, Ecoil founders Sushil and Kirti Vaishnav, who recycle used food oil, impressed the Sharks with their business model. They sought Rs 1 crore for 1.25% equity. Ritesh Agarwal offered Rs 50 lakh for 1.6% equity, plus Rs 50 lakh as debt at 9% interest for three years. Chirag Nakrani joined the deal, leading to negotiations.
The Sharks revised their offer to Rs 50 lakh for 1% equity, 0.6% advisory equity, and Rs 50 lakh in debt. The founders accepted, securing funding to expand their sustainable venture.
This episode highlighted not only innovative business ideas but also the importance of global collaboration in driving meaningful change.
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