My name is Jayesh Tope.
My name is Pritesh Mahajan.
I'm Pushkaraj Salunke.
We are Revamp Motors, an EV start-up of Nasik.
I had a government job.
I resigned without informing my family members.
He resigned a very good job.
No parents will let their son do that.
We always felt why he does such things.
Well, quitting the job
was tough.
Middle class mindset expects the person
to do a job.
We don't have the money to do a business.
But looking at the hope he has
I feel like he will do something.
We put our efforts and worked on a product
for an year.
That product will do wonders.
We are definitely going to deliver something
really interesting.
Hello, Sharks.
We are Revamp Moto Nasik's
EV start up.
We will present two amazing EV models.
Today we request for Rs. 1 Crore
against 1 per cent equity.
I'm sure that all of us
has used two wheelers at least for once.
But we use them only for traveling.
But many people like 'Tea sellers', 'Idli' sellers
vegetable sellers, etc. turn them into their shop.
There are no vehicles
which can actually be used for shifting
different kinds of goods.
I would like to say that there is a EV bike
which can be used not only to travel
but also to perform various activities.
Isn't it amazing?
We revamp motto
is bringing an amazing concept.
I Jayesh Tope
with my co-founders Pritesh and Pushkaraj
present Indian made
first modular utility platform
Revamp Mitr.
Wow!
The speciality of this bike is that
this will run 140 kilometres in one time charging.
It can run at a speed of 65 kilometres per hour.
And it can hold a weight of 2000 kilogram.
Also, this bike is connected.
All the information connected to this bike
can be accessible through a mobile app.
Also, this bike comes with ten different attachments.
It makes this bike a small mobile shop.
So, Sharks, would you like to see some magic?
For the ten crore mobile shop owners
we have made a folding table
which can be attached or removed in only 10 seconds.
This makes their bike a mobile shop.
Presenting you a folding table.
- Nice. - Lovely.
Wow!
Our next attachment
can remove around 20 to 25 kilograms of weight
from the backs of the delivery boys of e-commerce giants.
Presenting you our delivery basket.
Nice.
Very nice.
Who was doing this at the back?
Magician. - We have our engineer.
I want to meet that magician.
Our next attachment is
a small mobile fridge
which can be powered using the bike.
This is the best solution for delivering milk
beverages, cosmetics and even critical component
like vaccines to everywhere in India.
Presenting you Cool Keep.
- Lovely. - Wow!
So, Sharks, we have something for you.
So, the battery power is powering the vehicle
as well as Cool Keep.
Does it have beer in it?
Not yet, sir.
Next time for sure.
This is very cool.
- Yes. - Vary nice.
Does the range reduce?
It has a range of 140 kilometres.
If you use the Cool Keep for five hours
we will get a range of 70 kilometres. - Okay.
There are two battery packs in it.
With one battery pack it will give a range of 70 kilometres.
And the second battery pack keeps charging simultaneously
in the hub.
When the delivery executive comes back
he can just swap the batteries
in only two minutes time.
That will make sure that there is no downtime in the business.
- Welcome to Shark Tank. - Thank you, sir.
I'm sure that all of us are very interested in this.
And the conversation is going to be long.
- Yes. - Sure. - Before we do that
I would like to know about you.
Earlier I worked on two start-ups.
One was in the EV segment itself.
Another was in the Agritech Supply Chain.
I worked on a project at Mahindra for an year
where I witnessed the entire product development process.
Great. - I'm Pushkaraj Salunke.
I'm the technical back bone of this company.
I was into Mechanical Engineering.
But then I did a job
where I was into sheet metals and plastics.
Then I switched my career to IoT. For two years.
Pushkaraj
- is our hacker. - Yes.
For example, we give him the problem
at the start of the day.
At the of the day we get the answer.
I come from a business family.
My father has been into business
for past 25 years.
I worked at the State Bank of India
as an Assistant Vice President for three years.
Okay. - But I was not getting that hit.
And then I realised that I must do something.
That's not hit. Next time say kick.
- Absolutely. - Yes.
Sharks, we are proud to say that
we already have an order
of 50000 bikes.
We have signed the term sheet
and the order value is Rs. 250 Crore. - Wow!
Amazing.
Our potential client cum investor
had given us a challenge to design, prototype
manufacture and test the product in forty five days.
We took the challenge.
We worked day and night.
And we delivered this prototype to them.
You can see the product over here.
We make a working sample of a product
before we invest a lot of money in the idea.
And that sample is known as a prototype.
We can test it in the market
and resolve the problems present in that product.
Who is the client?
The client is Buddy from Hyderabad.
Soon they are going to be a part of
the shared mobility giant.
What do you charge for one bike to your client?
Well, the price is Rs. 55000.
And the price for this one is Rs. 106000.
But including the state and the central subsidies
you can get this bike for around Rs. 45000 to Rs. 60000.
What's the target for this year?
10000 units.
Have you made the business plan for the future growth?
Sir, we already have a facility of ten thousand square feet.
There we are planning to produce ten thousand units
in case if the demand increases.
We have already scouted three contract manufacturers.
One in north, east and south
to cater all these demands that we have.
We already have design patents on this.
We also have the technology
and product patents.
So, we are safe in that case.
The most important issue is that we have a massive
shortage of semiconductor and chips. - Right.
So, how will you manufacture it?
We have only one answer for that
and that is to have multiple vendors.
Yes. - So, for our motor we have five to six vendors.
For batteries we have one from Germany
one from Taiwan and one from China.
So, you won't face the shortage of parts in this plan.
Yes. - I would like to add one more thing.
We are proud to say that 90 to 95 per cent
of the parts of both the bikes are made in India.
So, we are going under the made in India scheme.
So, for the high speed vehicle
we can avail the subsidies.
What do expect from the Sharks?
You guys already have an experience in building brands
but we don't have that.
Yes. - But you need not build a brand in B to B.
There it is a price game.
You can tell Swiggy that you will make one lakh vehicles
for 42 thousand per vehicle.
We don't have the connects and contacts.
Okay. I'll Give you an offer.
- Yes. - Yeah.
I will give you one crore rupees.
But one per cent is nothing. I'll be wasting my time.
So, I will give you one per cent for three per cent.
- Wow! - Yes.
We will like to hear other offer as well.
- If you don't mind. Please. - I'll mind but I'll let it go.
So you're in for a valuation of 33 crores. - I'll handle it.
All is well..
I still have a few fundamental questions.
I think we are moving a little too fast. - Please, sir.
But note one thing.
I don't want any explanation but they are still not convinced.
- Understood. - I like you guys.
I think I should be the fourth guy that you need.
Aman, we have an offer for you.
Yeah. - It's one crore for two per cent.
- Can I test the bike? - Sure. - Definitely.
If you got a deal for one crore for two per cent
would you take it?
Not really. We are looking for better offers though.
- Can I first test it? - He just offered you.
- Definitely, sir. - Yes, sure.
But it looks so lame.
We have made it in 45 days..
...for design, development
- and manufacture. - How long did this take?
It took us two months. We made it
- during the lockdown. - But this one also not fancy.
- Sir, that is made in March. - You guys are engineers. Right?
- Yes, sir. - I will design the product.
But Aman, you're looking really smart.
- Just like a hero. - Aman!
"Come and sit on my bike."
In the air.
- Wow! - Wow!
- Not bad.. - It's a pocket rocket.
To be honest, it's a pocket rocket.
- Amazing it is. - Wow!
Amazing, man!
And I love the colour.
If any B2B giant wants 10 thousand units
we will customise it according to their colour and design.
- And.. - Okay, listen!
Yes. - Let him ride the bike. You heard my offer.
- Did they give you any offer? - I have an offer..
- Yes, please. - Let Anupam ride.
- We will make the deal. - I'll put it on stand.
Anupam go outside and see how the vibe is.
Okay, come let's go together.
You have already given your offer.
Okay. Ashneer, go ahead.
- Yes, sir. - You're product is really good.
- Thank you. - Thank you.
They have done a test ride too. They also like it.
See, what I found the most interesting is..
That one is a good product
because it will appeal to the consumer.
- Correct. - Yes. - Okay?
But this one.. This is one is killer. - Yes.
You have made it will multiple attachments.
This product 'Mitr' will do a good business.
So, let me give you the offer.
You want one crore. Okay.
I will change the game.
- I will give you 1.2 crore. - Okay.
And I want 2.5 per cent equity.
So, I am not giving an offer.
Because I think this business needs a lot of capital.
But I want to say that I'm very impressed by the product.
- Thank you. - Thank you.
- Thanks a lot. - So.. Yes, go ahead.
- I'd like to add one thing. - Yes. - We are actually
in talks to run pilot
- with a brand already.. - Licious.
- Wow! - With Licious already.
Licious is like a brother company.
Amazing. You already have three sharks. They are very jumpy.
And I'll let Nameeta continue.
- Thank you for your time. Please. - No, I'd say..
I am a little nervous
because I think be it the components
or be it the insurance..
Or be it the charging infrastructure..
You know, the percentage that would be converted..
We need to have more clarity.
- Okay. - Yes. - Because of that reason..
I am out.
But I think you have three fantastic sharks.
So, let's hope you get the best offer.
- Sure. - Two sharks and one blue whale.
Look, we were talking about..
How can we help you.
- Yes. - So, I am.. For example..
You may not know it but I'm one of the first investors
in Rapido.
Rapido is the fastest growing logistics.. - Yes.
...and motor cycle mobility company in the country today.
- And they know Licious very well. - Yes, I know.
So, I think if we both come together..
There's one more company, Tender Cuts.
- I also investing in that. - Yes.
So, they also have this mid delivery.
So, mid-delivery will be one of the big things.. - Correct.
Your use case is very good. You know everything.
You just need the branding.
And you need connections. You will get both.
Financing will not be a problem.
Distribution we can help you with.
- Yes. - We'd love to come in together
because we both can help you.
Yes. - So, as you gave us a counter offer..
Let's go with that and close the deal.
- Listen, end of the day.. - Yes.
It will not only be sold through B2B.
You will have to sell it to the stores. - Yes.
No one have the bigger networks of stores than me. - We'll sell.
We will also make it.
Brand and all that.. They will make nothing.
You will have to do everything. This is the truth.
Do you want the money.. - Are you matching the valuation?
- I'll give a better valuation. - Listen, I gave offer first.
- This is my deal... - Yes, so let them say..
- Okay, let's close it. - You give us the final deal.
One crore for 1.75 per cent.
One crore for 1.75 per cent.. This is wrong.
Now, this is a fight.
Half a per cent won't make a difference.
- One.. You will get two sharks. - Why not?
If it's not then you can leave it.
Okay, tell me something.. Okay, two people are coming..
Two people can give you a better offer than a one guy. Right?
Offer.. He is measuring you with the price.
- I am not doing that. - Aman, let say one thing.
See, he is thinking about his profit.
So, whose profit are you thinking of?
I am thinking about their profit.
Whose profit are you thinking of?
He is not thinking that how can we help you.
Tell me one thing..
He made one brand. I made two.
Vineeta.
- What did you say? - I made two brands.
I have made a lot of brands.
I have made BharatPe and Postpe.
I have made Grofers too.
Don't talk about brands with me.
No, forget about all that. He has just invested money.
This seems like a TV drama show.
Listen, one thing is..
Invest money and you make a brand.
But that's not the fact. Logical structured brand planning
with sustainable profitable bread. I have that.
See, here is the thing.
You also know that you will need financing in this business.
- Correct. - Yes, sir.
You are saying that it's B2B. Okay?
Over the time you will make a brand.
Branding is not a big deal.
There are many banks for financing. - That's nothing.
- He is not the only one. - No one will do that.
- Go and do the financing. - And you know 'pay'..
You will find so many similar brands.
But there's no fight for a bank.
My cheque is ready.
- Don't be unfair.. - Guy's hear him out..
Hear them out. See the chemistry
- and then think about it. - What will they do?
Will they use the scooter for wedding?
It's about the chemistry. It's biology. - What wedding?
Wedding.. - Will priest ride this while doing the ritual?
- What will they do? - The is doing investment
for only six months.
I have invested in 200 companies.
It's been 10 years.
What is he talking about? Wedding and all that..
Pritesh, let me tell you the offers once again.
One crore for 1.75 per cent is Ashneer's offer.
And here, you will get two sharks.
Aman and Anupam. - Which is not necessarily better.
Quality of investors is better.
- Do you want an hustler.. - No..
Or do you want a supportive person?
- He is not aggressive. - You want an aggressive guy..
Okay, fine. One crore for 1.5 per cent. It's a deal.
One crore for 1.5 per cent. It's a deal.
- One.. - Okay..
- Ashneer changed his offer. - He's buying you with money.
One crore for 1.5 per cent.
1.5 per cent. I will match with two shark. What do you say?
One crore for 1.25 per cent.
You said two per cent. Now if you act so meanly
- then God is watching this. - No..
- They just showed you. - I just want to add one thing.
Sure. Let him talk.
I just want to hear, sir.
Offer.. And all I have heard
what are you guys bringing on the table with the offers
- with the money. - We will have an interview too.
- They are the real sharks. - Yes.
So, what if things go down?
- It will be.. - But we will be together.
We don't want you guys to be out.
- Whoever is coming on board.. - Why are you tensed?
What is going out?
- We have doubled it. - He is talking an interview.
He has so many offers So, he is interviewing.
- He is enjoying. - Don't play with us.
- No, sir.. - Just understanding, sir.
We are here for you. We want to be your brother
and your partner.
You can't become brothers in just half an hour.
- This is hypocrisy. - Love at first sight.
- You run a business. Right? - This is filmy dialogues.
It's not about business.
They are not running a business. They are building a business.
This is very simple.
The founder has to run the business.
If anyone tells you that they will help you..
I can give you in written..
If a guy is investing in 200 companies..
You can do the calculation
and match the number of days and number of hours
that each company is getting.
- This is about the mathematics. - This is false.
You already have three co-founders.
Anyone co-founder is one too many after this.
- Let me tell you. - Yes.
Since my childhood.. When I started my life..
My dad used to have a Chetak scooter.
- I used to ride that. - Yes.
- Okay? - Same here.
- Very good. - We have something in common.
- There's more. - Started with a scooter.
Let me tell you some more.
We were four members in the family.
One used to sit in the front. One at the back
And mom used to sit at the last. - Correct.
- Four of us together. - Right.
We I have this emotional connection with scooter. Okay?
This is the first business pitch I am seeing
where there is family, lectures.. Everything.
- I mean, this is a movie. - We are Indians.
We have emotions.
We Indians have emotions..
I'm a shark right now.
My vision
is for you to be here someday.
- Definitely, sir.. - That's so good!
A couple of years down the line, we'll also be there.
You should be on this seat.
Yes..
Forget about everything else.
We'll form a brand, do the financing
fix the products, get connections..
Your job will be done.
Sir, your offer is 1.5 per cent for Rs. One Crore..
Two guys.. 1.25 per cent for Rs. One Crores..
Alone, 1.25 per cent.
Alone. Understood.
You could step out and discuss if you want.
Sir, we've received an offer..
Who'll get the deal?
Vineeta, let's bet on it.
- That's great. - What do you think?
Do it openly..
Do you think they'll pick Ashneer?
Not so loudly, they'll hear you.
I'll bet on my Bollywood buddy.
Aman, be set on it..
What do you think? What's your suggestion?
We're going to have a dilution.. An equal dilution..
Depending on the split of shares that we have.
Come on, people! I don't so much patience..
Call them..
I don't have patience..
Okay..
Welcome back
- Jayesh, Pritesh and Pushkarash. - Thank you..
Please.. Who did you choose?
- So.. - Tell us..
Aman and Anupam, we'll take your offer.
- Let's shake that.. - All right..
Oh, my God..
- Awesome.. - Well done!
You need to learn maths.
You can't do business.
You should be happy.. You're being..
- Indians don't maths! - Why are you upset?
We'll be like this every time we meet, okay?
This is our style.
- This is our style. - This..
Let's get selected by India.
- Awesome.. - Let's..
Thank you, Sharks..
Hold marriages on the scooter.
We'll do that..
We'll give scooters for marriage gifts!
We will!
From both the sides..
Thank you for your time, everyone.
All right.. - We'll need to leave, Vineeta.
We can't tell what will happen of them.
Happen what? This is a game.
We have ups and downs.
An entrepreneur is someone
who makes wealth
with obsession, passion
and interest.
Hi, I'm Anupam Mittal
founder of Shaadi.com and People Group.
Shaadilive is really pumped
to let you guys know
of 20 per cent increase in monetisation..
Big scream!
I've invested in 200 companies.
We started internet companies before internet existed.
You have to bet big to win big.
We founded Shaadi.com
Makaan.com
Mauj Mobile..
People think that it's a joke
that we're arranging marriages like priests.
It's absurd to them that people would get a partner on internet.
We never thought of such limitations.
You cannot be a visionary
without being a rule breaker.
It's a law of the world.
Who is the most inspiring person in my life?
That has to be my father.
My habit of..
Of working for 16 hours..
Of just working..
He has that quality well.
I love ideas.
I just love living in dreams.
I think I'm a dreamer
and an explorer.
So, that's what excites me.
I try to come up the things I could do
to inspire the entrepreneurs
in India.
Entrepreneurship doesn't mean that you should
quit everything and start a company.
You could use an entrepreneurial mindset
in an existing company.
It's this entrepreneurial mindset that I'm interested in.
The problem-solving..
You need to think big. I'm doing 'Shark Tank' for this reason.
It'll make the people realise that they could do this too.
Go, India..
Greetings, Sharks.
My name is Arpit Kabra
and I'm Rahul Daga.
We're from Mumbai.
After seeing us, it's not hard to guess
that we're big time foodies.
This journey started in 2013.
We wanted to do something different from
the regular fast food in the market.
We know that Maggi is a comfort food
and we all have our own Maggi story.
We've formed our core product around this childhood memories
and started a concept restaurant
Hungry Head, it's all about Maggi.
We serve Maggi in not just one, two or three
but in 80 flavours and varieties at our store. - Wow.. - Yes..
We serve it in.. Pizza with a layer of Maggi..
Bowl Maggi..
Maggi serve with different flavours and sauces.
MagBur Burger
served with a crunchy patty of Maggi.
- Maggi Missile.. - Mag 'Bhale'.
Maggi sizzler.. Mag's up.
Maggi Pani Puri
and many more.
- Wow.. - Maggi Pani Puri?
Along the way, we realised
that our in-house proprietary sauces
were also amazing.
And then, 'it's all about Maggi' became
'it's all about Maggi and more'.
Hence, our vision is to make
Hungry Head the biggest concept restaurant of India.
We've come to ask
for Rs. 50 Lakhs
for 5 per cent equity of our company.
Yash and I were college friends.
Yash's dream to be on 'Shark Tank' has come true.
Rama, the maggi is ready!
Serve it to the table number five!
How long with MagBurg take?
I'll give it in just a couple of minutes!
Hello, guys.
There are three heads in Hungry Head..
Arpit, Rahul and Yash..
Yash and I were school friends.
He's like a brother you never leave..
In 2018, Yash left this world.
He passed away in a bike accident.
My Yash..
Yash wasn't with me
for a long time..
He's not alive
yet he'll
always be a part of Hungry Head with us.
When they received a call from 'Shark Tank'
saying that they were approved
I couldn't talk to those kids much..
I spent time with my son's photograph
telling him that his dream has come true.
It doesn't matter if they get the deal or not
I'll be just happy to have my son's dream come true.
I'm sure he's proud and happy watching us from heaven.
I'm so sorry..
I lost a very dear friend just last year..
A very dear friend and integral part of Hungry Head..
I'm sorry to hear that. May God bless him..
And bless you guys..
Do you have peri peri fries in your menu? - Yes, we do..
I've.. I live in Powai, by the way..
Okay.. - I've ordered peri peri fries before..
- And I loved it. - Thank you.
I think you're available on Swiggy. - Yes, that
and Zomato, both.. We're available on both.. - Okay..
Hungry Head has come into my home.
- Thank you, ma'am. - Wonderful, Arpit and Rahul..
How many restaurants do you have presently?
Currently, we have one.
- And it's in Mumbai.. - Yes.. - In Powai..
What are its sales figures?
The sales of last six months was Rs. 20 Lakhs..
Tell me the figures for the last month.
Rs. 5.5 Lakhs in the last month.
Okay..
But I wouldn't eat Maggi repeatedly.
I'd probably eat it once a week..
- Can you serve him anything.. - Yes..
Never delay in serving food..
- Right? - Aman has been waiting
since before you guys
showed up for someone to come..
- I'll take it.. I'm.. - Okay..
Why not, sir..
This is 'Exotica Cheese Maggiza'.
It's our signature burger
and Aglio Olio Maggi.
You talk to those people. I'll focus on eating.
I.. - Yes, sir.. - I want to ask some questions.
Something doesn't add up.
Okay. - You have one restaurant now. - Yes, sir.
You do monthly sales of Rs. 5.5 Lakhs.
That's nothing, though.
It's just one outlet, sir..
- So.. - Even for one outlet..
Go to Shimla or Mussoorie..
You have mall roads there.
Yes.. - At the corner of it, you'll have
a guy selling maggi, eggs and coffee. - Yes.
I can tell you. He does business worth Rs. 10 lakh
- in a month. - Yes.
What special have you done with Maggie?
Someone who is watching this show in Himachal
he will feel that you have got the valuation
of Rs. 10 crore just like that.
You are asking for Rs. 10 crore valuation, right?
- Yes. - So..
I didn't understand your number. Am I missing something?
No, sir. The thing is..
- Market.. - Hold on. Sorry to interrupt.
Yes, ma'am.
- This is amazing! - Outstanding!
- Thank you. - It's delicious!
- Thank you.. - I have tried all three items.
- It's really good. - Thank you, ma'am.
- Please continue. - Yes, sir. So..
Market is opening up gradually.
Our earlier sales with this store was
around Rs. 9 lakh to Rs. 10 lakh per month.
But we closed our shop due to pandemic.
Tell me one thing.
How much knowledge do you have about restaurant industry?
Because it is not QSR.
You didn't install any assembly line.
You didn't standardise the process.
There is a SOP. But yes, obviously..
We don't have that kind of..
I think..
- You are obsessed with Maggie. - Yes.
And Maggie is a comfort food.
But I don't think it will transform into a business.
You have no numbers.
You have one restaurant.
At least, I want to get out of that up front.
Thank you, sir. But please try the food.
Yes, I will eat. I have enough time.
- Thank you. - Do you know McDonald's story?
Do you know? There are many restaurants
which started with one restaurant.
- Yes. - It expands
- and becomes a chain. - Yes. - Yes.
Do you know what's common in that?
You need to put it in a process.
Yes. - Yes. - It won't become a process through SOP.
- Yes. - Yes.
Your branding is good, Hungry Head.
It's a very nice name.
If I see it on Zomato or Swiggy
- I will check its menu. - Sir.
But as it happens with Maggie, when you deliver the food
Maggie turns into a cake in five minutes.
- Have you noticed that? - Yes.
- How will you manage that? - Sir, the bowl which we have..
The food gets sealed inside.
It maintains the same temperature for 30 minutes.
- You earn 5 lakh from restaurant. - Yes. - And in that..
People who come there and have food..
What's that number? And how many do you deliver?
80 per cent is dine-in
and delivery is 20 per cent.
And delivery.. 1 lakh in a month on Swiggy..
It's very less.
Don't you think? The number is 1 lakh.
This means..
Product and market are not gelling well.
I am not understanding your plan.
What your strength was, to start with Maggie
is now become your weakness.
Your speciality won't help you to expand your business.
And what you are becoming now, a general restaurant
there is a huge competition.
You have come here.
What's your plan to make it a big company?
I am not understanding that.
And where will you invest Rs. 50 lakh?
Just added question to that.
We want to invest in two new stores and central kitchen.
But why?
You are not making profit from the current restaurant.
It's obvious. With Rs. 5.5 lakh..
I know about restaurant business. You cannot make money.
You hardly make profit around Rs. 25,000.
Why do you want to suffer more loss by opening two new stores?
Our major focus is still Maggie.
It's not.. Because we..
The variations and taste..
What we have built.. I don't want to compare.
But we have given customers a new experience.
No, pal.
It's just a sophisticated shop who sells Maggie.
- Packaging, branding.. - It is a better experience.
Pal, it's not easy to run a restaurant.
- Yes. - Understood? - To run a restaurant
you need to be different.
You need to introduce different test.
Restaurants owned by chefs do maximum business.
It will continue in future too.
So I personally feel.. You should understand now.
At this age, hire a store manager
and ask someone to take care of Maggie business.
Either you do any other business or jobs.
Don't stick to this.
My answer is also no.
Arpit, Rahul, I love the test of your product.
I think you are very talented.
You need to learn more
to run a business.
For that reason, I am out.
I am telling you why you can't sell much
on Swiggy and Zomato.
Perhaps you don't want to say this.
Aman has said already.
Delivery business of Maggie won't work.
Because so many.. 80 recipes..
It tastes the best when it is served hot.
I must praise your tolerance.
You went through a lot in last seven years.
But you are still trying.
You should become serious now.
I am out. I am sorry. I can't be with you today.
But I wish you all the best.
- Thank you, sir. - Thank you, sir.
I love your creativity.
Because so many.. 80 recipes..
It's not easy.
But personally for me, the reason I am out..
Because I prefer healthy food.
Because I can't relate to the product. I am out.
I wish you.. We all wish you the very best.
- Thank you. - Thank you. - Thank you.
We will keep their inputs in mind.
Because they have said
we are in double race.
QSR or restaurant.
We will work on that.
We will present ourselves in a better way.
But we are sure. We will create more creations
with Maggie.
Greetings, Sharks.
My name is Baldev Jumnani and I'm 40 years old.
Greetings, Sharks.
My name is Jayashree Jumnani and I'm 38 years old
and we are from Nagpur.
I want to ask you all a question.
Can you all tell us about your fantasies?
I don't understand why people feel shy
to talk about their fantasises.
I've spoken about my fantasies openly.
My fantasy is something which is round and deep.
And it is showed in every film with zooming at it.
My fantasy is a round and deep beautiful belly button.
First time in India
or you can say first time in the world
we just manufacture one product
Navel Sakuru and Navel Fukai. The belly button shaper.
This product, without any surgery
or any medicine
makes your belly button round and deep.
Just as everyone's finger tips are different.
Similarly everyone's belly button is different.
The market for this product is very huge.
There's a huge demand for this product in film industry.
Guys who build six pack abs
have to be topless on a show
they can't do it if their belly button in out.
To make this dream come true
and to make everyone's belly button round and deep
I need 10 lakhs for 20 percent equity.
- Welcome to Shark Tank. - Thank you.
Baldev and Jayashree. How do you know each other?
We've known each other since 20 years.
We have a daughter who is 17 years old.
- 17 years! - Yes.
You guys look very young. 17 years! - Thank you very much.
I started my career is a pharmaceutical company.
Really? What did you do?
- I was MR at that time. - Nice.
My company was Emcure.
- Are you serious? - Wow!
Oh, my God!
When did your obsession with navel began?
And why?
My wife like South India movies a lot.
Since she's my wife, I have to watch it with her.
And they show navel in every film with something.
So my fantasy grew from there. I'll tell you a real incident.
I went to a hotel once and sat next to the swimming pool.
I was watching a guy.
He had six pack abs and handsome like me.
Guy?
- And your wife was with you? - No.
- He was handsome like you. - His belly button was out.
My wife said what you think is not common in India.
I thought she might know my thoughts about products.
That's why she said that.
Later I realised
it wasn't right to ogle at men in India then.
Tell us about your product. What is it?
I would like to show you.
This is the complete package. We give a sanitiser with it.
As people don't care of belly button
it causes bacterial growth.
That's why we apply it before the product.
And then we give castor oil.
This has a lot of benefits.
This is our product Navel Fukai
which makes the belly button deep.
Did you accomplish your goal with your own navel?
Did you achieve your goal?
Do you understand her? - The goal of round navel. - Yes..
- I've achieved that goal. - Good.
Everyone in our company have achieved it.
And I'm happy to say 600 to 700 have achieved it too.
Wow! - If you want a live demo, I'll do it on a beautiful girl.
- Sure. - Say less.
Beautiful girl, please come.
Sir, she used our product. you can see her belly button.
You need one drop of castor oil.
That you apply on your navel.
And then this is our product.
This is Navel Fukai.
You must insert this in the navel.
Is that so?
This does not hamper any movement.
One can work and rest with ease.
And it will be supplement
as it stays in place.
You must put it in for two hours everyday.
- You will feel better. - How many have you sold?
- I have sold about 650. - 650 units sold? - Yes.
Total sales? - Sir, it is about Rs. 4,80,000.
- So Rs. 4,80,000. - Yes, sir.
Baldev, for this you need an FDA approval.
Castor oil and the isopropyl
I outsource it from a pharma and sell it with my product.
And the ABS plastic I use to make the product
I have all the permits and documentations for use.
A tall claim to say it brings a permanent change in body.
So, I run a cosmetics business.
From what I believe
without FDA approval, writing such a claim on pack is illegal.
I think we must accept our body as it is
so these transformative products that change you
is not my interest so I do not invest in such a business.
Best of luck to you.
You try to create a category that is new.
It is very early and needs a lot of work.
Forgive me, I cannot invest in this
I wish you to the best.
I think the units bought were out of curiosity.
That was out of curiosity but this product is doomed to fail.
I will not be able to invest.
Please excuse me.
Two great sharks are yet to speak.
They are yet to decide.
Baldev, how did you name this product?
The Japanese are very conscious about health.
I could not find synonym for deep and rounded.
Fukai is synonym of deep.
Sakuru is for wide.
So I too refuse to invest in this product.
I did not understand it. I am sorry.
I find it laughable because..
We have so many problems to solve in the world
and what are you after?
I am laughing at myself for having wasted my time.
To hear this pitch. So tell me.
We have so many diseases in the world. - Yes.
You are from pharma sector.
- You can make anything. - Sir.. - Your time is up.
So is ours.
Let me tell you my decision. I refuse.
I find this just to be a gimmick. - Okay.
Merely having a Japanese name
does not make a product fit with their technology
or anything of their culture.
You make something that has no demand.
There is no medical use.
You use castor oil.
It has been long used to help kids in constipation.
And you only add..
- A sanitizer. - Isopropyl. - A sanitizer.
So what is your aim here?
Sorry, I am not mincing my words here.
You have wasted all out time here.
Get serious in life.
Stop selling this at once.
If you waste even one more second on this product
you are simply wasting your life.
Do not even take back these samples.
Sir, this product has run my house for past six months.
It is your life and your decision.
We are simply giving you our opinion here.
We wish you great success.
And I hope you prove us all wrong.
- Thank you. - Thank you. - Thank you.
Once my product becomes successful
then I will tell them that they once rejected it
and now it has reached such success!
One name you had heard that was padman.
Next will be belly button shaper man.
Promise.
Ashneer.
Try sugar-coating for once.
Sometimes you are nice to people by not being nice to them.
Yes. - Today I have scolded him.
Discouraging him is the best thing I did for him.
Someone people need a push to gain stability.
I agree to that.