Lionscard founder and CEO Poyush Bansal will re-create his playing field for investors in the final episode of Shark Tank India in 2010. An ad shared on the show’s official Instagram page gave a glimpse of it.
Peugeot introduced himself and told him to imagine it was 2010. Vineeta Singh, co-founder and CEO of Sugar Cosmetics, pulled her leg up and said her logo was very ‘basic’. Bharatneh co-founder and managing director Ashneer Grover, who is known for his brutality in showing his opinions to competitors, jokingly said, “Aap humari ankon me dul jong rahe ho kuch (you’re cheating on us somehow).”
Anupam Mittal, founder and CEO of Shaadi.com, immediately teased his colleague ‘Shark’, “Hey, login tum ho gown poochne waale? 2010 hi. Gown hi ashneer (but you ask who is that 2010. who is ashneer)?” Ashneer sighed and said he did not know the answer.
Bayush asked the ‘sharks’ ⁇1 crore in return for 1% equity in his company. Vinita, “75% apne business ka toke (Will you give 75% equity)?” That made fun of him and divided everyone.
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During a virtual press conference for Shark Tank India, he recalled how he started Lenscard, now worth $ 5 billion or ⁇37,500 crore, from his garage. “Car bahar nikali aur usko office may convert kia (I took my car out and turned my garage into an office). For almost four years of my entrepreneurial journey there was no question of money, investment or stock. To be honest, I do not know about these things, ”he said. He added that at the time, he had in mind to make enough money by selling enough to pay everyone.
Shark Tank India is an event where entrepreneurs share their business ideas with the employers’ team, who provide investment and guidance in return for their participation.