Shark Tank India Season 4 has been making waves since its premiere, featuring aspiring entrepreneurs pitching their business ideas to secure investments. In this latest season, two new sharks—Kunal Bahl and Viraj Bahl—have joined the panel alongside familiar faces like Peyush Bansal, Anupam Mittal, Namita Thapar, Vineeta Singh, and Aman Gupta. However, in the first episode, Delhi-based entrepreneur Gauri Varma’s pitch for her confectionery brand, Confect, left her frustrated after interactions with Anupam Mittal and Peyush Bansal.
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ToggleGauri Varma’s pitch on Shark Tank India 4
Gauri Varma, the founder of Confect, shared her journey of creating sprinkles and fondants after marrying her husband in Las Vegas and spending Rs. 36K on a wedding cake. Her products eventually expanded to 800 offerings. During her pitch, Peyush Bansal critiqued her focus on perfection, calling it a mistake. Gauri strongly disagreed, asserting her unique approach to cake artistry.
Anupam Mittal expressed concerns about Gauri’s restless nature and her decision to abandon the Indian market to enter the US market, a sentiment echoed by Aman Gupta. Anupam felt uneasy about investing in her due to her unpredictable nature.
Gauri Varma sealed a deal with Namita Thapar
Despite the skepticism from Anupam and Peyush, Gauri Varma found support from Namita Thapar, who offered Rs. 1 crore for 2 per cent equity along with a royalty condition, emphasizing the need to balance her attention between the Indian and US markets. Gauri accepted Namita’s offer, leaving Anupam surprised by her quick pivot from her initial pitch.
Gauri Varma expressed her frustration post-pitch, criticizing Anupam and Peyush for their feedback, especially regarding cakes, stating,
“Ab ho rahi hai na FOMO?. Felt like telling Peyush he should sell just one design at Lenskart. They don’t understand the first thing about cakes, befaltu ke excuses mat do.”
Fans shared mixed reactions to Gauri’s anger towards the sharks. What are your thoughts on Gauri’s response?