Lenskart co-founder Peyush Bansal invited Jugaadu Kamlesh to his home for lunch, and to debate additional plans for his or her enterprise. Peyush, one of many ‘sharks’ on the truth present Shark Tank Indiainvested in Kamlesh’s start-up concept for a hand-drawn cart that might support farmers.
Kamlesh’s pitch, which he delivered on the present together with his nephew Naru, gained over the whole panel, and was declared the ‘pitch of the season‘ not too long ago. And though no person else invested in Kamlesh’s concept, Peyush supplied him Rs 10 lakh in change of 40% fairness, and a further Rs 20 lakh as mortgage, with out curiosity. “No one supported you, but I will,” he advised Kamlesh, calling him the ‘way forward for the nation’.
In a brand new video that he shared on-line, reposted by Kamlesh on YouTube, Peyush says that they bought collectively for lunch at his home in Delhi, after which mentioned the longer term. “We have determined to do a design enchancment within the product, so we’re getting a designer to work with us. So, right here we’re, having fun with the winter of Delhi,” he stated, earlier than inviting Kamlesh to talk.
“Maza aa raha hai (I’m having fun),” Kamlesh stated, as Peyush guided him to a different a part of the terrace. While they look ahead to the redesign, Peyush stated, Kamlesh will choose sure different merchandise and promote these to farmers in want. Describing Kamlesh as a ‘phenomenal salesman’, Peyush stated that they will begin promoting the opposite merchandise straight away, whereas they wait a few months for the cart’s design to be finalised.
Peyush revealed that they are collaborating with a designer who has labored on wheelchairs, as they really feel it is a ‘comparable product’ to the cart that Kamlesh had offered on the present. Shark Tank India concluded its debut season final week, and the panel will reunite for a particular episode this weekend.
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With inputs from TheIndianEXPRESS
