Recently on Shark Tank India, Aman Gupta was seen opposing Peyush Bansal‘s offer to a founder. This was from a pitch by Dadasahed Bhagat who hailed from Beed, Maharashtra. Dadasaheb showcased his graphic designing company called DesignTemplateio, on the platform asking for an investment of Rs 1 crore for 2.5 percent equity. And what left all the Sharks most impressed about him was his back story.
During his pitch on Shark Tank India, Dadasaheb revealed that he worked as an office boy at Infosys and was making Rs 9000 as monthly salary. Before that, he was a daily wage-earner who was getting paid Rs 80 per day. However, his inclination towards design led him to start this successful enterprise, Designtemplate.io, in 2018. He also revealed how he couldn’t continue with his education after the 10th grade due to family responsibilities.
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His story left the Sharks very impressed, and while they all clapped for him, Radhika Gupta also lauded his perseverance. Later on, understanding the details of his business, Vineeta Singh, Ritesh Agarwal, and Radhika opted out of the deal. But Peyush gave the founder an offer of Rs 1 crore for 10 percent equity and asked for royalty until he recouped Rs 2 crores.
Aman said he would give Rs 1 crore for 10 percent equity and ask for no royalty. He even shared that he didn’t feel the founder needed to pay a royalty, taking an indirect dig at Peyush. After hearing a counter-offer from the pitcher, Aman closed the deal for 10 percent equity for Rs 1 crore investment.
As the pitcher received the cheque from Aman, he called the BoAt CEO, Baazigar of the tech world.
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