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Jugadu Kamlesh Shares New Model With Peyush Bansal; Says Revenue Target Is Rs 5 Crore For The First Year

Jugadu Kamlesh unveils his project and revenue target

Vandita Sharma by Vandita Sharma
January 29, 2023
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Jugadu Kamlesh Shares New Model With Peyush Bansal; Says Revenue Target Is Rs 5 Crore For The First Year
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We all witnessed how Peyush Bansal, CEO of an eyewear brand and Shark Tank Judge invested in Jugadu Kamlesh’s project in season 1 of the popular show Shark Tank India.

Recently, the makers unveiled a new version of the project of Jugaadu Kamlesh and shared a glimpse of what more they have planned for the project. The new product model has been named Bharat K2.

A video was shared by the Lenskart YouTube channel revealing details about the new model. The video features Kamlesh and his team of designers presenting the new model to investor Peyush. He explained that the new version is more practical, faster, and convenient as it is not manual. He further reveals that the product now, will not only cover the previously described ground area but can also reach up to a height of 10 ft.

In season 1, Kamlesh and his cousin Naru made a lasting and good impression with their project. They presented hand-drawn carts for farmers that would help as a complete support system. At the time Peyush had offered an investment of 10 lakh rupees for a 40% stake.

Netizens supported the makers and even praised Peyush and Kamlesh for their great contributions to the advancement of future agricultural systems.

He said, “We did demos with the farmers on the fields and improved on the model.”

The video also features another Shark Tank India judge. Namita Thapar also talked to Peyush and the team members. She praised the changes. Peyushsays that she will be astounded to know Kamlesh’s first-year target, when asked Kamlesh says, “Rs 5 crore.” Namita added, “Good job, well done.”

The video further shows Peyush Bansal’s interaction with the creators as he provides insights into the project.

 

Tags: #trendingJugaadu KamleshlatestNamita ThaparPeyush BansalShark Tank 2Shark Tank IndiaViral
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