In a recent episode of Shark Tank India Season 3, Aman Gupta, Amit Jain, and Anupam Mittal engaged in a heated debate over investment strategies. The focus was on 'Namakwali,' a business presented by a family of entrepreneurs from Uttarakhand, specializing in organic food products with artisanal salt as their flagship offering. They sought Rs 50 lakh for a 5% stake, valuing their company at Rs 10 crore, entering the Tank with high expectations. However, tensions escalated when Aman expressed concerns about brand identity. Despite disagreements, Amit offered Rs 10 lakh for 5%, valuing the company at Rs 2 crore. This episode underscored the complexities of investor involvement and emphasized the importance of strategic partnerships in achieving business success.
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