Shark Tank India 4: Entrepreneur asks for Rs. 1 crore investment for no-sugar ice cream brand; Here's how judges reacted

Shark Tank India 4 is streaming on SonyLIV. You can also watch it with your OTTplay Premium subscription.

Shark Tank India Season 4 

Shark Tank India has returned with its fourth season. It airs on Sony Entertainment Television. The Indian franchise of the American show Shark Tank is available on SonyLIV and OTTplay Premium. The show features several aspiring entrepreneurs who pitch their business ideas to a panel of investors and persuade them to invest in them. In the latest episode, an entrepreneur named Kiran Shah pitched his no-sugar ice cream brand, Go Zero, and asked for a Rs 1 crore investment from the Sharks.

Anupam Mittal offers Rs 2 crore for Go Zero ice cream brand

The latest episode of Shark Tank India 4 featured an entrepreneur named Kiran Shah who pitched his no-sugar ice cream brand, Go Zero, and asked for a Rs 1 crore investment from the Sharks.

Kiran Shah and his team wanted to expand their business, so they approached Shark Tank India with their latest proposal for Go Zero. When Kiran took to the stage to pitch his brand and ask for investment, all the sharks showed interest, including the lactose-intolerant Anupam Mittal. Meanwhile, Kiran revealed that his plans are to earn Rs 33 crore in revenue for the year.

Also Read: Shark Tank India 4: Judges become impressed with innovative business ideas, tough deals and more | Watch new promo

Anupam regarded Kiran as a ‘founder-market fit’ but stated, “Dar lag raha hai aap zyada hi smart ho (I fear that you might be too smart)," adding, “Rs 1 crore se kuch nai hoga (Nothing will happen in Rs 1 crore), you will run out of money in the next few months."

After that, he offered Kiran Rs 2 crore for 5 percent equity which came with a condition that the brand should make Rs 10 crore very soon.

Aman Gupta reacts to no sugar ice cream brand

On the other hand, Aman offered Rs 1 crore for 2 per cent equity, but Kiran countered him by asking if he would be okay with a 1.5 per cent stake. To this, Aman said, “There’s no difference between 1.5 per cent and 2 per cent in my eyes; I’m fine with it."

The judges panel of Shark Tank India 4 includes Aman Gupta (Co-founder and CMO of boAt), Namita Thapar (Executive director of Emcure Pharmaceuticals), Ritesh Agarwal (CEO and founder of OYO), Peyush Bansal (Co-founder and CEO of Lenskart), Vineeta Singh (Co-founder and CEO of SUGAR Cosmetics), Azhar Iqubal (Co-founder and chairman of Inshorts), Anupam Mittal (Founder and CEO of People Group), Varun Dua (Founder and CEO of ACKO), Kunal Bahl (Co-founder of Snapdeal and Titan Capital) and Viraj Bahl (Creator and managing director of Veeba/VRB Consumer Products).

Meanwhile, Watch Shark Tank India 4 online with an OTTplay Premium subscription from Monday to Friday at 8 p.m.

Also read: Shark Tank India 4: Kunal Bahl joins judges' panel with 'experience and insights' that shaped... | WATCH

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