Rounit Gambhir's unique business idea convinces the sharks (PC: SonyLIV's Instagram)
Shark Tank India 3 is captivating the viewers with its captivating episodes. This show provides a platform to various budding businessmen to showcase their ideas and get funding for their ventures. The highlight of the recent episode of Shark Tank India 3 turned out to be Rounit Gambhir, a pitcher who invented his DIY international recipe kit. He signed a four-shark contract on the show.
Rounit Gambhir's Scheffling receives funding from four judges
In the latest episode of the business-based reality show, viewers witnessed an interesting proposal by Mumbai-based entrepreneur Rounit Gambhir. He owns Chefling, a brand that offers his DIY recipe kits. Rounit began his presentation by offering sushi to sharks. Anupam Mittal also joked about the same and said, “For three years, I have been teaching people how to give rishwat (bribe) correctly. Aap seekh ke ai ho (you already know).” said. Following this, the pitcher explained the details of his business and demanded Rs 4 million for 10% stake.
Rounit's father owned a textile manufacturing company, which unfortunately went bankrupt in 2019. With a desire to pursue his own path, the 25-year-old dug into the reasons behind the global failure of his DIY kit. He took the opportunity during the lockdown to launch his own brand.
Below are excerpts from Rounit Gambhir's pitch for Shark Tank India 3.
Additionally, Rounit detailed what's inside, how much it costs, and the different options for purchasing the DIY box. This young entrepreneur said of her mother: I took her 50,000 rupees from her to start this business. After that, I received 100,000 rupees from her. So till date I have spent only 1.5 million rupees in my business and have earned 60 million rupees. At first, they only sold sushi, but then they gradually introduced new dishes. ”
Namita Thapar and Azhar Iqbuar went on to offer Roonito Rs 4 million for a 20% stake. Later, Payush Bansal and Amit Jain joined in, giving Scheffling owners a 16% stake in a four-shark deal worth Rs 40,000 crore.
Shark Tank India 3 will be streamed on Sony LIV app.