This week’s Shark Tank India season 2 pitch promises to be exciting. The sharks are shown in the new commercial being impressed by innovative ideas such as wooden balance bikes for kids, products made from recycled flowers from temples, and a telemedical centre. The latter even divided the pitchers by luring the pitchers with separate offers.
“This brand new week on Shark Tank India, #Tipayi, #Nirmalaya, and #DigiQureEClinic are here to present their wonderful innovations,” Sony said in a promo for the upcoming episode. “Watch this space!” The promo begins with small children entering the sets on their tiny wooden balance bicycles, which lacked pedals and breaks. Peyush Bansal praises the company’s logo and product for being one-of-a-kind.
Nirmalaya comes after that (pure and what is offered to the God). It is about incense made from recycled flowers that is sold at temples.
But what makes an emotional impact on the sharks is DigiQureEClinic, a telemedical company which sends trained caregivers to small villages and towns where they make the patients connect to doctors in big cities virtually. Namita Thapar reacts to the idea with “wow” and Vineeta Singh asks the founder to share the story behind the idea. The founder reveals how he was born in a small town in Madhya Pradesh and was very moved by the death of a house help’s daughter who died of diarrhoea for not being capable enough to visit a better doctor. His story moves the sharks who go on to offer him multiple deals.
“We liked the cause and want to bet on you,” says Namita Thapar, offering him a 40 lakh investment with a 20 percent equity stake. However, she is taken aback when Peyush says, “Main ye akele hi karna chahta hu. Main aapko paise dunga 1 crore rupaye and I will take 25% of the company (I want to do this alone. I’ll give you one crore rupees and take 25% of the company).” However, Namita explains, “Isme technology se zyada network play hai (this has network play in use).” Anupam Mittal offers him a different deal as well.