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WithOut secures Rs 75 lakh investment deal from Shark Ronnie Screvwala and Peyush Bansal
IndianStartupNews
·
1y ago
Medial
WithOut, a startup founded by Anish Malpani, presented its solution for converting multi-layer plastic (MLP) waste into recyclable sunglasses on Shark Tank India Season 3. The company aims to address the plastic waste crisis while providing a sustainable livelihood for waste pickers. WithOut's goal is to recycle 20,000 tons of plastic waste daily by 2030. During their pitch on the show, they received an investment deal from Ronnie Screwvala and Peyush Bansal for Rs 75 lakhs, valuing the company at Rs 25 crore.
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Related News
Sportstech startup Push Sports secures investment deal from Vineeta Singh, Peyush Bansal on Shark Tank India
IndianStartupNews
·
1y ago
Medial
Delhi-based sports tech startup, Push Sports, has secured a Rs 80 lakh deal on Shark Tank India. Led by Peyush Bansal and Vineeta Singh, the funding will be used to expand the team and delve into new cities. Push Sports aims to deliver structured sports education through trained coaches, offering gamified assessment tools to encourage physical activity and holistic development in children. So far, it has impacted over 6,000 children across 15 locations in India and plans to reach 25,000+ schools/kids in the next two years.
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Income Tax Bill 2025 vs Income Tax Act 1961: What all has changed under the new bill; check FAQs
Business Today
·
5m ago
Medial
Ashutosh Kumar made a unique pitch on Shark Tank India 4, offering Rs 10 for the Sharks’ advisory support. In a surprising turn, all five Sharks—Anupam Mittal, Aman Gupta, Vineeta Singh, Peyush Bansal, and Namita Thapar—accepted his original offer, later providing Rs 10 lakh for a 4% stake in his venture. This marked Kumar as the first repeat pitcher in the show's history to secure a unanimous deal.
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Who is the Richest Shark in Shark Tank India?
StartupTalky
·
1y ago
Medial
According to the information provided in the URL, the article discusses the net worth of the judges of Shark Tank India. The richest shark in Shark Tank India is Ritesh Agarwal, the founder and CEO of OYO Rooms, with a net worth of $1.92 billion. Other judges mentioned in the article include Ronnie Screwvala, Amit Jain, Deepinder Goyal, Ashneer Grover, Aman Gupta, Namita Thapar, Peyush Bansal, Azhar Iqubal, Vineeta Singh, Anupam Mittal, Ghazal Alagh, Radhika Gupta, Varun Dua, and more. Open the article from "Source" button below to see their ranks.
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Peyush Bansal pays Rs 222 Cr to buy back 4.6 Cr shares at steep discount ahead of IPO
Entrackr
·
10d ago
Medial
Peyush Bansal pays Rs 222 Cr to buy back 4.6 Cr shares at steep discount ahead of IPO Lenskart’s co-founder and CEO Peyush Bansal has significantly increased his stake in the company through a series of secondary transactions. As per DRHP disclosures reviewed by Entrackr, Bansal acquired over 4.26 crore shares from existing shareholders for a total cash consideration of Rs 222 crore. The off-market transactions were executed between July 18 and July 24, 2025, and involved several institutional and early-stage backers of the company. Among the notable sellers were SoftBank, Kedaara Capital, Avendus, Steadview Capital, and LTR Focus Fund. Even Unilazer Ventures, backed by Ronnie Screwvala, was part of the exit group, selling over 25 lakh shares. SoftBank offloaded the largest chunk, 96 lakh shares, fetching around Rs 49.93 crore from the deal. Kedaara entities cumulatively sold more than 30 lakh shares, while Steadview offloaded 34 lakh shares, raising nearly Rs 17.7 crore. The Rs 52 per share price paid in these transactions is also noteworthy; it indicates a negotiated deal that likely reflects internal valuations rather than public market benchmarks. In response to Entrackr’s queries, a Lenskart spokesperson confirmed the development. However, the company did not comment on the reasons behind the deep discount. These transactions significantly bolster Peyush Bansal’s holding ahead of Lenskart’s IPO, which includes a fresh issue of Rs 2,150 crore and an offer for sale of 13.2 crore shares. While Bansal himself is also offering 2.05 crore shares as part of the OFS, his recent acquisitions signal a strong vote of confidence in the company’s valuation and growth trajectory. The secondary deals come at a time when the eyewear major is preparing for its public market debut, backed by marquee names like Temasek, ADIA, and TPG. In FY25, Lenskart reported a 22.5% jump in revenue to Rs 6,652 crore and turned profitable with a Rs 297 crore PAT.
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upGrad’s Ronnie Screwvala, & 2 Others Join Shark Tank India
Inc42
·
1y ago
Medial
Ronnie Screwvala, cofounder of upGrad, Radhika Gupta, CEO of Edelweiss Mutual Fund, and Varun Dua, founder of Acko, have joined as new sharks for the third season of Shark Tank India. The season, currently in production, will also feature Ritesh Agarwal from OYO, Deepinder Goyal from Zomato, and Azhar Iqubal from Inshorts as sharks. The total number of sharks for this season is now 12. Other returning sharks include Aman Gupta from boAt, Anupam Mittal from Shaadi.com, Vineet Singh from SUGAR, Peyush Bansal from Lenskart, and Amit Jain from CarDekho.
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Peyush Bansal to invest Rs 2.5Cr in WeHear; Anupam Mittal says 'Aap bohot tigdambaaz ho'
IndianStartupNews
·
1y ago
Medial
In a recent episode of Shark Tank India, entrepreneurs Kanishka Patel and Raj Shah pitched their affordable hearing aid technology called WeHear. The sharks expressed initial interest but raised concerns about the company's valuation and unconventional funding. Despite the skepticism, Peyush Bansal of Lenskart offered Rs 2.5 crore for a 2.5% equity stake. Kanishka and Raj agreed, emphasizing their commitment to delivering good returns and making India a focal point for their business.
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Shark Tank India: After Oyo's Ritesh Agarwal, Zomato's Deepinder Goyal joins judges panel
Economic Times
·
1y ago
Medial
Zomato founder and CEO Deepinder Goyal has joined the panel of business reality TV show "Shark Tank India 3." The official Twitter handle of the show announced Goyal's participation. Last week, Oyo founder and CEO Ritesh Agarwal was also announced as a new "shark" for the upcoming season. They will join other judges, including Lenskart founder Peyush Bansal, Shaadi.com founder Anupam Mittal, and more. Goyal expressed his eagerness to learn and contribute on Twitter. The show features entrepreneurs seeking investments from these "sharks" for their business ideas.
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'Wish you a lot of struggle': Anupam Mittal tells pitcher on Shark Tank India
Business Today
·
5m ago
Medial
Glow Glossary, specializing in matcha-based products, pitched on Shark Tank India seeking Rs 60 lakh for 4% equity but left without investment. Concerns included scalability and founders’ industry experience. Anupam Mittal wished them struggle for growth, while other sharks were unconvinced by financial strategies. Vineeta Singh labeled the venture “not investable,” suggesting a clearer strategy was needed. Glow Glossary aimed for Rs 1.5 crore revenue in its first year with a 45% profit margin.
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House of Chikankari bags Rs 4 Cr in seed round
Entrackr
·
6m ago
Medial
House of Chikankari, a Delhi-based artisanal-led ethnic wear D2C brand, has raised Rs 4 crore in its seed round from angel investors and micro-VC funds, including Tudip Ventures, Peyush Bansal (Lenskart), Manoj Meena (Atomberg), Ankit Nagori (Curefoods), Hitesh Dhingra (The Man Company), Alluvium Capital, and Aurinko Partners. The proceeds will be used to expand marketing efforts, grow the team, and scale the business to Rs 100 crore in revenue. Founded by Aakriti Rawal and Poonam Rawal, the brand bridges the gap between traditional craftsmanship and contemporary design. Currently fulfilling around 15,000 monthly products, House of Chikankari generates 85% of its revenue through its D2C website. It is also present on marketplaces such as Nykaa, Myntra, Flipkart, Amazon, and Ajio, with plans to expand internationally to platforms like Noon and Styli. According to the company, 30% of House of Chikankari’s revenue will come from crafts beyond Chikankari in 2025. Over the last four years, House of Chikankari has collaborated with over 10,000 artisans across India. Featured on Shark Tank India Season 2, the brand is backed by angel investors such as Aman Gupta (boAt Lifestyle) and Peyush Bansal (Lenskart).
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Educational Backgrounds of All the Judges on Shark Tank India
StartupTalky
·
1y ago
Medial
Shark Tank India features judges with diverse educational backgrounds including B.Tech and MBA degrees from prestigious institutes like IIT-Madras and IIM-Ahmedabad. Vineeta Singh, the CEO of Sugar Cosmetics, is an IIT-Madras graduate with an MBA from IIM-Ahmedabad. Aman Gupta, the CMO of boAt, has studied at Delhi University, Institute of Chartered Accountants of India, and Indian School of Business. Other judges like Anupam Mittal, Namita Thapar, Peyush Bansal, and more also bring a blend of educational expertise to the show.
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