The second season of the popular Indian reality show Shark Tank is set to feature some exciting and innovative business ideas from a diverse group of entrepreneurs. One such entrepreneur, Kalpit Patel, is set to leave a lasting impression on the sharks with his revolutionary electric car brand.
In a new promo for the show, Kalpit describes his car as an “easy, everyday car” that can be operated through an app and even when the driver is not sitting inside. He is seeking 1 crore INR in exchange for 1% equity in his company. The sharks, who include Peyush Bansal, Anupam Mittal, Namita Thapar, Vineeta Singh and Aman Gupta, are intrigued by Kalpit’s invention. Peyush Bansal is particularly interested in how Kalpit created the car, to which Kalpit replied, “I visited a lot of garages and I opened a lot of cars and saw what’s inside them.” Aman Gupta, on the other hand, asked about the cost of the car, to which Kalpit replied, “Yes sir aath aane mein chalegi (It will function at 50 paise per kilometre).”
The electric car market is a rapidly growing industry in India, with the government announcing plans to phase out the sale of fossil fuel-powered vehicles by 2030. Kalpit’s electric car has the potential to revolutionize the market and meet the increasing demand for eco-friendly and cost-effective transportation. The sharks are impressed by Kalpit’s vision and his ability to identify a gap in the market.
Another promo for the show features the sharks making an open offer to an entrepreneur, with Peyush offering a blank cheque and Aman stating that it has “never happened before.” This is a rare and exciting opportunity for the entrepreneur, as it gives them the flexibility to negotiate the amount of funding they require and the valuation of their company. However, the product or company that has impressed the sharks so much is not revealed in the promo, leaving viewers eager to find out more.
Shark Tank India Season 2 is set to feature a wide range of businesses, from established companies looking for growth capital to early-stage startups with disruptive ideas. The show provides a platform for entrepreneurs to pitch their ideas to a panel of successful business leaders, who provide not only funding but also valuable mentorship and guidance. The show is a great opportunity for entrepreneurs to take their business to the next level and make their dreams a reality.
In the upcoming episode of Shark Tank India, Kalpit Patel’s electric car brand is sure to leave a lasting impression on the sharks and viewers alike. His innovative and eco-friendly idea, combined with his passion and drive, make him a strong candidate for investment. It will be exciting to see how his business progresses and how it contributes to the growth of the electric car market in India. Tune in to Shark Tank India Season 2 to see Kalpit Patel’s pitch and more exciting business ideas.