The Sharks watched two young entrepreneurs pitch India’s first one-stop solar app. Solnce provides its consumers with all they need to understand solar requirements, compare products and prices, and install them. They want Rs 1 crore in exchange for 1% equity. While the Sharks first expressed scepticism and concern about the company, the pitch concluded with the Sharks competing for the agreement. The two engineering students discussed their backgrounds and how they came up with the idea. They began in 2019, and when Aman Gupta enquired about their app, they explained how it operates. Anupam Mittal then enquired, \”Where do you fit—as a consumer or a company?\” \”Consumer or distributor?\” Sharks Vineeta Singh, Peyush Bansal, and Aman Gupta questioned why people should trust them over large brands such as Tata and Adani, among others. The Sharks were thrilled with the sales and other metrics. They also agreed that the industry has enormous untapped potential. The pitchers claimed that they wished to hear other Sharks’ offers. Kunal Bahl was the first to offer a deal: Rs 2 crores for 10% Equity. Aman agreed and raised his offer to Rs1 crore for 2.5% stock, which the pitchers approved.
The Sharks watched two young entrepreneurs pitch India’s first one-sto….
