Shark Tank India is a well-known television program where company owners present their ideas to a group of potential investors, or “sharks,” in order to secure funding.
The reality television series, which debuted in 2021, is currently premiering its second season. The show has established itself as a mainstay among fans who like learning about cutting-edge company ideas. And watching the entrepreneurs cope with the ups and downs of obtaining funding.
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The show’s structure is straightforward but engaging. As the entrepreneurs present their company concepts and prototypes to sharks, they struggle with a variety of obstacles as they seek funding and must strike a balance between the necessity to safeguard their company and their vision and their need for funding.
Despite the difficulties, the program nonetheless had many moving and unique moments. On Shark Tank season 2, the inventor of Dhruv Vidyut Electric Conversion Kit recently stunned everyone with his proposal.
The sharks received a pretty strange pitch in the most recent episode of Shark Tank India 2
The sharks are taken aback this season when a pitcher requests their time instead of money, despite the fact that the majority of entrepreneurs go on the show to seek financial investment.
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The creator of the Dhruv Vidyut Electric Conversion Kit, Dhruv Vidyut, dazzles the sharks with his innovative idea and assured pitch. When Aman Gupta asks him,
“Are you ready?”
The creator of Dhruv Vidyut responds boldly,
“I was born ready.”
In his demonstration, Dhruv shows how his device transforms a standard bicycle into an electric one in just 20 minutes. In another strange but unique stance, when one of the sharks, Peyush Bansal, asks him if he remembers him, he replies,
“That is one of the reasons why I am here. I am sorry to you, Anupam ji and Aman bhai that I could not get back.”
However, Aman, while displaying a perplexed expression, replies,
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“Maine toh nahi likha”
To this end, the pitcher displays a snapshot of Aman Gupta’s comment on his LinkedIn page.
After this, Aman Gupta, with a bewildered face, responded:
“Oh yaad aa gaya”
Even though the sharks are already intrigued by his ingenious offering, they are astonished when he makes his demand.
During the episode, Dhruv is shown requesting 100 hours of shark time in exchange for 0.5% stock
Vineeta is left perplexed and asks,
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“And…?”
Then, Aman says,
“No money.”
This leaves everyone astonished.
Three sharks, Anupam, Peyush, and Aman, proposed an investment deal to a business pitcher, Dhruv Vidyut. In exchange for 0.5% equity, the trio offered 100 hours of their valuable time and additional terms. Anupam required Dhruv to raise a total of Rs 1 crore before finalizing the deal. Meanwhile, Peyush and Aman offered to be the first investors, and they generously provided a full floor in their Gurgaon factory for Dhruv to work in.
After careful consideration, Dhruv accepted the terms of all three sharks, and the deal was made official with the addition of a few conditions. The final agreement was a true testament to the synergy and collaboration between Dhruv and the three sharks.
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More about Dhruv Vidyut
Dhruv Vidyut is a cutting-edge electric conversion kit designed to revolutionize transportation for the 58% of people in India who commute daily on traditional cycles. The kit was founded by Gursaurabh Singh, who saw an opportunity to improve the convenience and safety of transportation through his innovative solution.
The electric conversion kit boasts a range of impressive features, including a top speed of 25 KPH, a payload capacity of 170 KG, a range of 40 KMS, and being both fireproof and waterproof. Made of aircraft-grade aluminum, Dhruv Vidyut is designed with a compatible structure and can be easily connected to 8 crore cycles and rickshaws across India without any welding or cutting modifications.
With its innovative design and practical solution, Dhruv Vidyut is poised to make a significant impact on the daily lives of commuters in India.
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