Aman Gupta’s ₹12 lakh ‘Shark Tank’ deal soars to ₹40 crore
Aman Gupta’s ₹12 lakh investment in Let’s Try has soared to ₹40 crore, becoming 'Shark Tank India’s' most profitable deal
When the creators of the healthy snack company Let's Try joined Shark Tank India in Season 1, boAT CEO Aman Gupta discovered a gold mine chance for the Sharks.
In a recent onversation, Aman revealed that he had invested Rs 12 lakh in the business in 2009. Due to the company's outstanding performance over the years, this sum has now increased to Rs 40 crore in value.
Aman Gupta turns ₹12 lakh investment into ₹40 crore return
Aman in a conversation with Republic World revealed how the other Sharks missed the opportunity he identified in Let’s Try.
He said, “In the last five years, the best company has been Let’s Try. I invested in them in season one. Nobody else invested with me. They make chips, bhujia. All the Excel sheet investors said it can’t make it. Everybody said ‘there are so many big companies in this sector, how big a company can you make in this competition?’ But the founder (Nitin Vinod Kalra) is an outstanding guy. I invested Rs 12 lakh in the company, and that has now converted to Rs 40 crore. I recently got a purchase opportunity of Rs 40 crore.” He added, “It is the best investment in the history of Shark Tank India.”
"Bande mein dam tha," Aman replied when asked how he decided to invest in the company that came to Shark Tank India in its early stages. I was aware that he would act. He possessed that fire.