When Shark Tank India entrepreneurs disclose their dating history, Aman Gupta of boAT asks, ‘Why did you get married?’
Shark Tank India’s fourth season to pitch their ‘mukhwas’ business. Having dated for 12 years before getting married, they shared a deep connection with their venture, even naming their child after their company, Joyspoon. Their well-prepared pitch and innovative products impressed the panel of investors, but the sharks were sceptical about the market’s potential and the company’s valuation. But what caught everyone’s attention was Aman Gupta’s question to the couple.
After Namita Thapar opted out, feeling that the founders lacked clear objectives, Aman Gupta, amused by their love story, joked about their marriage. He asked, “Why did you get married?” to which Yash responded, “What kind of question are you asking on national television?” According to Indian Express, the Co-Founder of boAT then on a serious note backed out of the deal after he felt that they could not justify the losses they were making.
About the pitch
Seeking Rs 40 lakh for a 1.5% stake, the couple valued their business at Rs 26 crore. However, the judges found this valuation too high given their projected revenue of Rs 2.5 crore for the year. Peyush Bansal, familiar with Ahmedabad’s entrepreneurial landscape declined to invest, citing concerns about inconsistent valuations and conflicting investor goals.
Anupam Mittal acknowledged the growth potential of the ‘mukhwas’ industry, recalling his earlier predictions about its expansion, but he, too, chose not to invest. Ritesh Agarwal, however, was moved by Yash’s determination and related to his
