‘There is no sense in India’, Namita Thapar advised to leave the business, big blast in Shark Tank 5

Shark Tank India 5: The new season of Shark Tank India is making a lot of headlines. From this season, new entrepreneurs across the country are competing for investment from the Sharks panel. Along with this, in the recent episode of the business reality show, creative mind, Nihal Raheja told the panel about his brand Stub. While talking about his pocket ashtray business, the founder of Dharamshala said that the idea of ​​introducing pocket ashtray in India came to him after traveling to Japan. Where he saw that people take their garbage with them.

What is business idea?

Actually, the entrepreneurs had demanded an investment of Rs 25 lakh in exchange for 5 percent equity. He started this business in January. The price of the product starts from Rs 349.

Sharks impressed Nihal

The Sharks were impressed by Nihaal’s intention to keep India clean through his brand, but they all agreed that it was not a serious business. He also emphasized that most Indians are not very conscious about picking up the garbage after themselves, hence it is almost impossible to get them to take out their own garbage.

Namita Thapar advised to leave business

Namita Thapar said, I am outside, it is our duty to ask you to close this business. Companies have made disposable covers for period pads, but despite it being such a huge market in terms of number of women using it, they do not use these disposable covers. There is not so much understanding in India. He further said – My feedback to you is to close this business. Use your good intentions to do something for the environment in some other area.

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Who is on the panel this year?

Talking about the sharks of Shark Tank India Season 5, this season includes Vineeta Singh (SUGAR Cosmetics), Anupam Mittal (Shaadi.com), Namita Thapar (Emcure Pharmaceuticals), Aman Gupta (boAt Lifestyle), Kunal Bahl (Titan Capital), Ritesh Agarwal (OYO), and Viraj Bahl (Veeba Foods).

Let us tell you that, Mohit Yadav (Minimalist), Shaili Mehrotra (FixDerma), Kanika Tekriwal (JetsetGO), Amit Jain (Car Dekho), Varun Alagh (Mamaearth), Pratham Mittal (Tetr College of Business), and Hardik Kothia (Rayzon Solar) have also joined the panel to infuse new life into the industry with their investment decisions.

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