Ayushka and Ayushi, the co-founders of a lingerie and swimwear line, appear on Shark Tank India’s most recent episode and discuss their company. They disclose that they have created a new swimwear category called beach wear. They go on to discuss their unique selling proposition for their line of beachwear and lingerie. After discussing it, they disclosed that they are asking for 3% ownership in the company in exchange for 75 lakhs.
Image Credits : https://www.instagram.com/erotissch_/ (Erotissch’s Official Instagram Handle)
Ayushka is asked by Vineeta if she has mehendi put on her hand. In agreement, Ayushka announces that she has rescheduled her wedding in order to appear on Shark Tank India. When she acknowledged the same, the Sharks were really surprised and gave her praises for it.
Anupam later queries the pitcher about whether their firm caters exclusively to larger women or to everyone. He states that their brand is for everyone, including plus-size women, as Ayushi explains. Vinita also questions them about the size of the market, gross profit, and other things. Ayushi gives a detailed explanation of her firm and discloses her profit margin.
She finds it difficult to provide a precise figure about the size of her market, her online business, and other topics. Following that, Vineeta became rather irate with her and instructed her not to quote an incorrect number if she wasn’t sure. However, Anupam reassured her that if the pitcher is unaware of the stats, they can proceed with other matters.
Vineeta said, “If you don’t know the numbers then don’t quote it. Ye aap galat numbers bata rahe ho.” Anupam added to the same and said, “Maybe you guys are unsure about the numbers so let’s leave it.”
Vineeta, Aman, and Anupam also brought up the problem with their brand name. In the end, each of the five sharks chose not to proceed with the deal.
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