357. Shark Tank India 3: Sharks Ask Pitchers To Close Their Business

Shark Tank India 3: Sharks Ask Pitchers To Close Their Business

In the latest episode of Shark Tank India 3, two students who co-founded a gym membership brand presented their business idea to the Sharks. However, the Sharks were not overly impressed with their pitch. They even advised the students to shut down their business and consider finding jobs after college. Despite this, the students managed to secure a deal with Sharks Amit Jain and Ritesh Agarwal¹².

The co-founders, Rishab and Rohan, explained the need for their gym membership business plan in society. They revealed that they conducted a survey in their college, which highlighted the importance of their business. Their platform allows individuals to customize their gym memberships according to their needs. They sought ₹7 lakhs for 10% equity in the company¹.

While some Sharks expressed doubts about the viability of the business, Amit Jain and Ritesh Agarwal saw potential. They offered a deal with a condition: the co-founders must hire a tech CEO². It seems that even when faced with challenges, entrepreneurial spirit finds a way to thrive! 🚀🦈

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