In a recent episode of Shark Tank India 3, the second pitcher, Abbas Gabajiwala, a 34-year-old third-generation toy maker, presented his scientific interactive toys to the Sharks. He sought Rs 80 lakh for 2% equity in his business. However, the pitch took an intense turn as the Sharks delved into the details of his family’s businesses, leading to a heated negotiation with Aman Gupta.
During the pitch, Aman Gupta expressed concerns about potential family conflicts and made a conditional offer, demanding the option to buy Abbas’ shares of his brother’s company in case of such conflicts. Despite the intense back-and-forth, Abbas ultimately secured a deal from Aman and Ritesh for Rs 80 lakh for 4% equity, along with the conditional offer.
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The episode showcased the high-stakes and intense negotiations that are characteristic of the show, highlighting the challenges and pressure faced by entrepreneurs in securing investment deals.
This article provides a comprehensive overview of the intense negotiation between Abbas Gabajiwala and the Sharks, particularly Aman Gupta, during the recent episode of Shark Tank India 3. The article sheds light on the challenges and pressure faced by entrepreneurs in securing investment deals, offering a glimpse into the high-stakes world of business pitching.
