Infosys founder Narayana Murthy’s controversial “70-hour work week” also became part of a recent episode of Shark Tank India Season 4. The founders of Burger Bae, a lifestyle clothing brand, pitched their business with aspirations as bold as their products. When Shark Aman Gupta taking a jibe on his ambitious plan made a comment linked to Infosys founders controversial statement.
Rohan Kashyap, Janvi Sikaria, and Ojasvee Kashyap, the founder of Burger Bae, sought Rs 1 crore in exchange for 2.5% equity, valuing their brand at Rs 20 crore. During the pitch, Rohan declared his ambition and said “Mujhe Ludhiane ka Narayana Murthy banna hai,” referencing his dream to transform Ludhiana in a way like Narayana Murthy achieved for Bangalore.
Aman Gupta, co-founder and CMO of boAt Lifestyle, responded in a lighter note and said “Sahi hai, bas 70 ghanta kaam karna padega.” Rohan enthusiastically replied that he’s even ready to work 100 hours a week to achieve his goals.
The founders described Burger Bae as a Make-in-India fashion brand emphasizing quality, community, and sustainability. They likened their brand to a toxic college girl who’s a charming red flag “tasty” and “saucy,” as they put it. Despite a revenue projection of Rs 15 crore this year, the journey was full of struggles.
Rohan revealed a significant setback while selling 33% of the business to an early investor who failed to deliver on promises. To regain control, he bought out the investor by borrowing money from his family.
While the vision of building a Make-in-India brand impressed the sharks, Sharks like Namita Thapar, Executive Director of Emcure Pharmaceuticals, and Viraj Bahl opted out, citing doubts about the business’s readiness for investment.
However, Aman Gupta, along with Anupam Mittal and Kunal Bahl, made an offer Rs 1 crore for 10% equity or Rs 2 crore for 20% equity. The founders ultimately accepted the second offer, securing Rs 2 crore for 20% equity.
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