Sharks Get Impressed With The Brand Ethik

Shark Tank India shared a new promo in which a shoe brand named ‘Ethik’ pitch their idea to the sharks, according to the pitch, the brand is sustainable, vegan and leather free. Sharks were quite impressed with the quality of the product. But Anupam Mittal one of the shark asks, “Brand mai aapne purpose toh daal diya par brand mai khuch muscle kyu nhi daali?”

Will the Sharks invest in #Ethik, a sustainable, vegan, leather free fashion brand for men? Tune in to #SharkTankIndia, tonight at 9 PM, only on Sony TV! pic.twitter.com/9fh9DklR5f

— Shark Tank India (@sharktankindia) January 13, 2022

In day before yesterday’s episode Flying Fur the India’s biggest mobile pet grooming service ask for 75 lakhs for 7% equity. The company valuation is 10.71 crore. All the sharks step out of this deal. Later, in the episode, Let’s try an Indian snacks company founded by Nitin Kalra, Chitra Gupta, Neelam Kalra, Geetanjali from Delhi ask for 45 lakhs for 2% equity, the company valuation is 22.50 crore, the sharks Peyush,Ashneer and Nimita step out while Anupam offers 25 lakhs for 10% equity, later he offers 45 lakhs for 25% equity. The closing deal was 45 lakhs for 12% equity.