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HomeNewsShark Tank India 3: Azhar Iqubal, Vineeta get into heated argument

Shark Tank India 3: Azhar Iqubal, Vineeta get into heated argument

The latest episode of

Shark Tank India

begins with the founders of a

snacks company

coming up on the show and talking about their business. They reveal how they offer a

healthy option

for the snacks without compromising on the taste. They further reveal how the other snack products are not healthy for the consumers and hence they have come up with a healthy replacement for it.

Aman, Vineeta and others requested them to let them taste their products. They agreed with the same and offered them their products. They further revealed that their ask is 90 lakhs for 2.5% of equity in the company.
As the episode goes ahead, Vineeta praises them for maintaining the taste while providing a very healthy option. While Anupam thought that the pricing was quite high, Vineeta said that it was justified. They further explained their marketing strategy, unit economics and more.
The two even revealed how they requested their parents to let them get married at a temple so that they could save money for their business. The sharks were quite shocked after hearing the same and asked about the exact amount that they used for the business by not doing a grand wedding. They revealed that they could save 50 to 60 lakhs from their wedding which they eventually used in their business.
Later, the pitchers revealed that they are currently burning money and are not profitable. Azhar was quite disappointed after hearing the same and advised them to shut their business down. He said, “It’s been 8 years and you are currently not making a profit, it’s better that you shit your business.” Vineeta interrupted and said, “I don’t agree with him, it takes time to build a business and it’s okay.” Aman and Peyush agreed with the same.
Later, Vineeta said, “What is this Azhar, Kya

gandi advice

dete ho.” Peyush then said, “A business takes at least 10 years to build.”

Shark Tank India 3’s pitcher Vibhuti Arora: Vineeta constantly kept commenting on my packaging

Towards the end, all five sharks opted out of the deal and refused to invest in the business.