Back

Havish

. • 1y

Ganda Dhanda (2/20) Boat and Hammer In Shark tank S1, Rohit pitched his company called Hammer Lifestyle in Shark Tank. It was a direct competition to Boat which sold products like Headphones, Speakers and electric toothbrush. Rohit had asked a 10 crore valuation with a 80 Lakh monthly sale. He got an offer from Aman to buy out the company for 1cr which was later reduced to 1cr for 40% (which he accepted). But the condition was that he will have to stop everything and limit to selling Electric Toothbrush. So while it looks a great deal, but it wasn't. All what Aman wanted is to kill Hammer. But that didn't happen. I don't know that was Aman's deal accepted later, but what we know is that not only Hammer's sale tripled but they also launched 7 more SKUs. So Yeah. This was yet another tactic for big companies to kill their competition (which didn't worked here). So take this into account before fund raising. What do you think of this about this?

18 Replies
1
18
Replies (18)

More like this

Recommendations from Medial

Image Description
Image Description

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

Weird Marketing Strategy by BoAt: In the initial days of BoAt Aman Gupta went to a shop and asked to buy and place his product in his store but the shop keeper rejected it so Aman after 2 days he sent his wife to the same shop and asked the shop an

See More
27 Replies
4
41
Image Description
Image Description

Mahendra Lochhab

Content creator • 6m

BoAt (imagine marketing) started by Aman Gupta and Sameer mehta in 2016. Sameer mehta is the CEO of boAt and Aman is Chief Marketing Officer(CMO).  In the beginning of his career Aman gupta worked as an assistance manager in Citi group and later al

See More
3 Replies
8
Image Description
Image Description

Shuvodip Ray

 • 

YouTube • 1y

Global Sharks meet at UN and to represent India only Aman Gupta (Boat) is there. As shown in Shark Tank US Season 15 Episode 21. I wonder why only Aman and not other Sharks at the event..

9 Replies
11
Image Description

Priyansh Gupta

Be in yourself • 18d

1 Reply
3
Image Description
Image Description

Elite Nexus

INFO INFO EVERYWHERE • 4m

From Rejection to Revolution – The boAt Story In 2016, Aman Gupta and Sameer Mehta set out to build an Indian audio brand, but investors weren’t convinced. Facing multiple rejections, they bootstrapped their way into the market. With a deep underst

See More
5 Replies
3
26
Image Description
Image Description

vishakha Jangir

 • 

Set2Score • 5m

𝗜𝘀 𝗯𝗼𝗔𝘁 𝗺𝗮𝗱𝗲 𝗶𝗻 𝗰𝗵𝗶𝗻𝗮 ? Is boAt a Chinese company? but this ad has beautifully presented the boAt progress and narrative about being a Chinese company. ----- We were making nothing in india. (Aman Gupta) Now boAt scaled their m

See More
9 Replies
3
13
Image Description
Image Description

Jignesh Nimbark

Never late • 7m

Hello, I am looking for an investment partners in my firm for a new project ll. Minimum investment is 1cr. Refunds will be in four to five years. Partnership continues till agreement. All investment accepted by the cheque or NEFT. Send your Inte

See More
2 Replies
1

Download the medial app to read full posts, comements and news.