What Happened When Anupam Mittal Told Ritesh Agarwal, “Ye toh samajh gaye aapka baap kaun hai”?**
Sharks Anupam Mittal and Ritesh Agarwal entertained viewers with lighthearted digs during a pitch on the newest episode of Shark Tank India 4. The renowned reality show for entrepreneurs had some drama this time, intriguing viewers.
This pitch started it all.
Husband-and-wife team Sahil and Arunima created Sneakinn, which repairs and refurbishes expensive shoes and luggage. They requested₹90 lakh for a 3% ownership, valuing their company at ₹30 crore. The pair explained how their business created ₹7 crore in sales in four years, addressing a specific market demand. They also proposed expansion to multiple cities.
Banter begins.
Ritesh Agarwal pitched Sneakinn a centralized approach like diagnostic labs to boost profit margins. Anupam Mittal replied, “Aap bimaar jooton ki laboratory banayenge.”
Ritesh joked, “Humare yahan vriddhawaste aur bimaar ke aaspaas ke sharks hain, unko bhi saath leke chalenge,” referring to the older sharks. This comment amused Vineeta Singh and Namita Thapar but annoyed Anupam.
Anupam said, “Chalo, aap yeh toh samajh gaye aapka baap kaun hai,” shocking viewers and sharks.
The Offers and Debate
Sharks made offers despite the argument. Ritesh suggested ₹45 lakh for 5% equity and ₹45 lakh as debt at 10% interest. Meanwhile, Vineeta and Anupam proposed ₹90 lakh for 10% stock and 1% royalty, sparking further controversy.
Anupam has questioned royalty arrangements before, thus Kunal Bahl and Namita Thapar slammed his offer for being inconsistent. Namita even advised entrepreneurs to reject the royalty.
Anupam withdrew the royalty stipulation but raised his equity demand to 6.5%. Ritesh dropped his offer when Sahil and Arunima favored his amended deal.
The Final Choice
The couple ultimately accepted Anupam and Vineeta’s revised offer of ₹90 lakh for 6.5% equity.
This episode had a fresh business idea and drama, keeping viewers engaged!
Also Read: Munawar Faruqui & Kinza Hashmi to Collaborate? Leaked Video Sparks Excitement Among Fans