Shark Tank India Season 2: Amit Jain offers the highest offer ever, the Unstop rejects it! Watch here!
This is the tale of an entrepreneur who negotiated for a smaller sum in order to keep his employees content and reduce his dilution.
India is home to successful business people who have established themselves internationally. The time when only the wealthy could manage and own a business is long past. Ab pura India samjhega business ki sahi value with Season 2 of Shark Tank! Each episode of Shark Tank India is watched by millions of people worldwide. Some people are still making a big deal out of Ashneer Grover's crude statement. While others are really captivated by the firms' sheer inventiveness. The audience is on the edge of their seats during every mid-sentence cut to break. Will there be an offer for this pitch? Or did they use this offer as a free pass? The Sharks are also utilising the ebb and flow of the programme and use their wit and expertise to give the most helpful information.
UNSTOP REJECTS 5 CRORE OFFER
One Delhi-based firm, Unstop, observed plenty of pushing, prodding, and name-calling from hungry sharks as they circled around it. Shark Tank and Unstoppable Ankit Aggrawal founded Unstop, a platform for early talent engagement and recruiting that aids brilliant people from underserved regions of the nation in finding employment. Unstop helps these people get the knowledge and experience they need to succeed by connecting them with the appropriate employers through its platform. Employers use Unstop, on the other side, to brand, source, engage, assess, and hire the best individuals. 4.5 million students, recent graduates, and professionals with 0–5 years of experience make up the startup's community today. The Sharks were enthralled by Ankit Aggarwal's pitch from the moment he took the stage. One of the Sharks pleaded with them to "please stop Unstop" as they were forced to snap out of the trance at one point. Some claim that having strong numbers, communications, and charm is the key to winning over the Sharks, and Ankit excelled in all three areas!
AMIT JAIN OFFERS 5 CRORE
Amit Jain made him an offer of 5 crores for 10% stake. The Unstoppable Ankit quickly rejected the offer, stating that it wouldn't be fair to dilute that much equity and that he wanted to respect and boost the valuation at which his team had been granted shares—not VCs. Then Ankit Aggarwal's generosity was made known to us all, to the point where Namita Thapar referred to him as Ankit Makhanwal. Aman Gupta, Anupam Mittal, Namita Thapar, and Amit Jain ultimately decided to contribute 2 crores for 4% equity after some back and forth and talks.
SHARK TANK INDIA SEASON 2
Even though the bank may not be as full as it once was, a transaction that benefited all parties involved was finally reached. It is crucial for founders to keep both an eye on the bank and a finger on the team's pulse. While money can get you far in business, a motivated team can go far further. The second season of Shark Tank India is checking all the right boxes and striking all the appropriate notes. The pitches given are just fantastic. Let's wait and see what the Indian business community has in store for us.
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