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Shark Tank 2 has given many entrepreneurs wings to fly in the sky and make a mark on the world. This week the entrepreneurs bring a demand for care for mothers, reduce the habit of binge eating, and denim fashion (Freakins) the new cool of GenZs into Shark Tank.
Also Read– Shark Tank 2: Positivity And Healthy Go Hand In Hand
iMumz
A group of entrepreneurs came to Shark Tank with a pitch for quite decent equity in their company in exchange for certain equity. They pitched that new mums require proper care and guidance for nurturing babies. With help of a gynae they build up this app to help lots of mothers to embrace motherhood in the most exciting and healthy way. Anupam Mittal did not understand their ask as in metropolitan cities problems such can be catered but in rural areas, things need to be taken care. Peyush Bansal offered a deal which they happily accepted.
Freakins
Two young entrepreneurs came to shark tank with their brand Freakins. They provide an amazing variety of clothes that are purely denim in a new and personalized way. They provide this apparel in each color and size. The sharks liked their product and after listening to their pitch for 70 lakhs for 1% equity they were shocked to hear. After getting to know their business which was incurring a loss, 4 sharks withdrew from dealing but Vineeta offered them one with a debt @10% interest rate. After much negotiation, they finally closed the deal.
Also Read- Shark Tank India 2: Clearing Air And Recognition To Craftswomen Of Kutch
The Healthy Binge
The idea of binge eating was inaugurated by binge-watching a shows during lockdown. So to irradiate this binge eating, two brothers brought The Healthy Binge , a snack products to sharks which is glutin free, less calories, and heathy spices for tanginess and spiciness. They offered a decent pitch with a share in the company. Sharks did like their products but only Peyush and aman pitched in their brand to make it big.