‘Copy-paste job, you’re all over…’: Pickleball pitch leaves sharks unimpressed on Shark Tank India 4, but bags this deal

Two cousins ​​walked Shark tank India Their pickleball business pitch GoodlandSure sports are going to go out in India. In just nine months, their launch was caused by income about 2 Rs Crore, and they predicted ambitious RS 50 Rs in the next two years. In search of 4% for equity 80 lakhs, they rated their business in Rs 20 Crore.

But the playing field quickly turned when the sharks questioned the uncertain direction of the key founder Hamat. Was Goodland It is concentrated in India or still related to the US market, where Hemangan lives.

PICKLEBALL FACEOFF and a given business model

The founders invited Anupam Mittal and Aman Gupta for a quick game to present the sport. Aman won, but he confessed to his obsession with Padel, another developing racket sports. The cousins ​​clarified that the courts of Padel were bigger, while their business covered not only the courts of picicbole, but also the development of the equipment and the club development.

Anupam, however, was not sure. He suggested that the cousins ​​last two years to assess the opportunities and advised them to focus on the US market. “You are an opportunist,” he said. Kunal Bahl: He responded to this concern, saying that he did not see a clear vision and followed him, although he accepted the potential of business.

Namita Thapar’s Market Class

Namata Tatar turned out to its position in comparison. “Why did Ford and the Supreme Body fail in India, while Hiunday and Kian have succeeded?” When he was guessed, he fixed him. “Ford failed because they thought that copying work would work here. Hiunday and Kian have studied the market, “he said, warning that Goodland cannot simply reproduce the US model in India. “You are all over the place,” he added before a copy.

Aman Gupta steps on conditions

Aman Gupta: The only shark was ready to invest, but set strong conditionsGoodland In two months, he had to establish a club, and Hekant had to have at least six months in India. He offered 5% of 80 GEL to equity, plus 1% fee until his contribution to restoration.

The encounters countered, offering 6% equity, while asking the royalty to go down to 0.5%. Aman agreed to sign the deal.

Investing with contributions, but severe conditions, Garnish The next challenge proves that it can navigate the Indian market without falling into the same traps that brought other brands.