One wrong step can win everything. The latest episode of Shark Tank India showed that to us. The episode started with a shoe brand company, who come upon the show and talk about their business and all. They had reveal that they are offering the best quality shoes but that also with latest design and shockingly at a very affordable range. They further showed samples of their products and asked the sharks to try them out. Then Anirban Palit and Sayantani Pramanik showcased their brand, which offers self-sampling kits for cervical cancer detection, they said there struggle after Poonam Pandey death stunt case!
According to a repor Anirban has discussed their mission and the agreement with Namita about Poonam Pandey death the stunt. But the misconception which is linked to their brand with Poonam Pandey’s recent controversial publicity stunt surrounding cervical cancer, is tough to get rid of. Driven by a strong social cause and a passion for problem-solving, they had sought Rs 75 lakhs for a 1.5% equity stake. The good news is that their pitch has garnered interest from everyone of the Sharks, but ultimately lead to a deal with Namita Thapar. She had offered Rs 75 lakh for a 5% stake contingent on technical due diligence.
Anirban also discusses the technical approach for Namita’s deal. They said, “It has been fantastic, and I must applaud Namita’s crew for their diligence. Within a few weeks of the shot, Namita’s team contacted us; they coordinated the entire procedure, and we had to ship the self-sampling kits to the appropriate technical team. They assessed the kits and submitted a report to Namita’s office. After obtaining the technical due diligence, Namita’s office contacted us, and the procedure was successfully completed. We have been told to proceed with the documentation as soon as the funds are available.”
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