Distress deal: when a startup is sold quickly and at a lower price because it's in financial trouble.
Here,
A loss-making company tries to escape bankruptcy by selling itself and buying company benefits from a very low valuation purchase.
SHARK TANK INDIA
A SHOW WHERE A GROUP OF INDIVIDUALS RUNNING LOSS MAKING COMPANIES,
Reject other businesses because they aren't making enough profits.
With dramatic background music.
8 replies23 likes
Havish Gupta
Figuring Outย โขย 8m
Today, Shark Tank India have almost become a PR show where the primary motive of the sharks is simply to earn fame, which promotes their companies for free.
Similar to how Elon Musk and Richard Branson's personal lives add huge value to their brands
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0 replies5 likes
Medial User
Hey I am on Medialย โขย 3m
Shark tank pe jo vompeny 40 /50 Lac loss karti he usko funding milta he vo bhi big deal
wow i dont undstand but no one can do real wanted person funding ....?
why
Don't you all feel shark tank judges are the one who should be judge like they don't have seen one quarter profit and they all are rejecting others for their loss it's ironic ( this is not for those whose startup is profitable, btw peyush had admitte
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11 replies13 likes
Jeet Sarkar
Technology, Developm...ย โขย 1y
The Delhi High Court has ordered Ashneer Grover(ex shark of SHARK TANK OF INDIA), the former Managing Director of BharatPe, to delete his tweets against the company and the former Chairman of the State Bank of India (SBI), Rajnish Kumar, within 48 ho
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4 replies11 likes
Jaswanth Jegan
Founder-Hexpertify.c...ย โขย 1y
"42 Billion Dollars to Zero"
Billions To Bankruptcy #1
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Rohit had asked a 10 c
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Aquapeya, a bottled water startup, appeared on Shark Tank India S4 and was doing โน9 crore in sales with โน60 lakh in profit.
It also received investment from Namita Thapar and Ritesh Agarwal.
However, t