Shaadi.com founder Anupam Mittal is within the information for taking down one other influencer-turned-founder after Gaurav Taneja aka Flying Beast. In a latest episode of Shark Tank India season 4, a enterprise and finance influencer Vijay Nihalchandani confronted the wrath of the Shaadi.com founder.
Nihalchandani got here to the present alongside together with his spouse, his brother and his enterprise companion to pitch his enterprise Make My Cost. Make My Cost is an app that sends automated cost reminders to defaulting debtors. The founders supplied ₹30 lakh in change of three per cent stake of their firm.
After the influencer-turned-founder defined the fundamentals of his enterprise, ‘sharks’ had been divided.
Emcure Prescribed drugs government director Namita Thapar appeared unimpressed. Thapar noticed that anyone who defaulted on funds would not be swayed by an automatic voice message and that they may merely block the quantity or ignore it.
boAt Life-style CMO Aman Gupta questioned Vijay on whether or not he does the rest on the facet. To this, Nihalchandani replied that he’s a social media influencer with round 1 million followers on Instagram. He additionally stated that he runs a worthwhile resort bookings enterprise as properly.
Lenskart’s Peyush Bansal requested Vijay about his earnings via Instagram, with Vijay replying that he makes round ₹5 lakh monthly. Regardless that Peyush gave the impression to be impressed, his fellow sharks weren’t. Anupam Mittal stated that this isn’t a enterprise whereas asking the influencer-turned-founder to get critical.
Replying to a query on the variety of customers they’ve on the platform, Vijay’s spouse stated that out of three,500 individuals who signed up, solely 200 are paying subscribers. Anupam talked about that this proves his level and stated: “You make ₹30,000 monthly, isse acha thela laga lo.”
Since they may not reply easy questions requested by the ‘sharks’, Make My Cost founders couldn’t get any supply on the present. In the meantime, Nihalchandani just isn’t the primary influencer-founder who confronted Anupam Mittal’s wrath on the present.
Gaurav Taneja aka Flying Beast went to the present to pitch his protein model Beast Life and sought ₹1 crore for 1 per cent fairness. Mittal didn’t purchase into the hype and questioned whether or not the influencer may decide to constructing a sustainable enterprise.
He added that entrepreneurship calls for steady focus and full-time dedication. “You may’t allocate time in startups, you must be there on a regular basis. It’s not that I don’t belief you, however I belief in Indian entrepreneurship. They gained’t let a part-timer such as you win.”
