News on Medial

Shark Tank India 4: Controversy erupts as sharks clash over social media platform founders’ pitch

Money Control · 1m

On Shark Tank India Season 4, Medial, a social media platform for startups, faced harsh criticism from the Sharks. Founders Aishwarya, Harsh, Niket, and Prateek sought ₹50 lakhs for 1% equity. Kunal Bahl labeled Medial a 'feature factory' lacking clear product positioning, while Anupam Mittal accused them of lacking vision and seeking funding solely for marketing. Despite the backlash, Ritesh Agarwal offered ₹50 lakhs for 2.5% equity, contingent on pivoting to a Startup Showcase App, which they accepted. Anupam questioned the investment's legitimacy, sparking a heated argument with Ritesh, highlighting the Sharks' contrasting views on Medial's potential.