Why this SHARK TANK Startup REJECTED Anupam Mittal? Shark Tales Ep 8 ft Birds Of Paradyes

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Hey guys, In today's episode of Shark Tales we meet Siddharth Raghuvanshi and Yushika Jolly, founders of Paradyes who appeared in Shark Tank India season 2 episode 9 to pitch in front of the Sharks. Birds of Paradyes is India’s first semi-permanent hair color brand.

In their pitch, Siddharth Raghuvanshi and Yushika Jolly asked for ₹65 lakhs for 1% equity at a 65 Crores Valuation. The final deal was closed with Vineeta and Aman at 65 lakhs for 2% equity of the company at the valuation of 32.5 Crores.

I talk to the founder about:

-How they started Paradyes?
-The startup's competitors
-How shark tank has impacted the startup?
-Paradyes's finances, branding, sales, marketing, profitability and future plans.

Enjoy :)

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Disclaimer: Neither the guest nor I am a SEBI registered investment advisor. Information shared is only for educational purposes and not investment advice.

Music licensed by Epidemic Music