3 minutes of readingNew DelhiJanuary 29, 2026 11:24 am IST
shark tank india is currently in the middle of its fifth season and a recent episode saw a Delhi-based entrepreneur come with his premium mixer company, Sepoy and Co. Angad Soni pitched his business in front of Kunal Bahl, Anupam Mittal, Aman Gupta, Mohit Yadav and Namita Thapar as he was seeking an investment of Rs 3 million in exchange for 2 percent of his company, valuing it at Rs 150 million.
The presentation started well as the sharks were quite impressed with the products, but it went downhill soon after when they were surprised to learn of its rating. All the sharks were impressed with the product and especially liked the branding and packaging, as well as the design of the bottle. Angad shared that he previously worked in his family business that manufactures components for tractors and construction machines. That company, he said, is listed on the stock exchange and is valued at Rs 2,000 crore.
When the sharks started grilling Angad about his numbers, he revealed that he made his first sale in 2018 and said that he is projected to do around Rs 20 crore business this year. He also revealed that he has not yet raised funds. When asked about the bottling plant for the product, Angad revealed that he also overlooks that business, but it was not part of the business he was presenting on the show. Anupam objected to this, noting that he would have “sleepless nights” if he invested in this company as the two companies work closely together, but he will not have any stake in it. Kunal asked if Angad would be willing to merge the two companies and he agreed, but it was not something he was willing to discuss on the spot.
Anupam asked Angad about his 5-year plan with the company and the pitcher said that he plans to make it a Rs 100-150 crore company, which angered Anupam. He again questioned the valuation of Rs 150 crore as that would be the value of the company in the next five years and currently the business was nowhere near that value. “If it is going to be worth Rs 100-150 crore five years later, what is its valuation today?” asked.
Namita, Mohit and Kunal left the negotiations soon after Anupam. Aman questioned Angad’s “illogical thinking” and asked, “What are you doing? Why are you doing this? The company structure is illogical… Illogical thinking in what you do.” He praised the product, but added that making a good profit was not enough to make a profitable business.
Sepoy and company left without reaching an agreement.