The Shark Tank India judges have been initially impressed by 19-year-old entrepreneur Himanshu Rajpurohit and his formidable third startup. Nevertheless, their curiosity shortly waned attributable to his overconfidence and a rapidly constructed web site that includes deceptive claims. Regardless of drawing inspiration from OYO’s Ritesh Agarwal, his lack of preparedness led to the rejection of his funding request for Rs 75 lakhs in trade for 1% fairness.
Himanshu’s pitch overwhelmed the buyers as a result of sheer quantity of data he shared in a brief span. When Snapdeal CEO Kunal Bahl tried to ask a query, Himanshu responded dismissively, inadvertently insulting Sugar Cosmetics CEO Vineeta Singh. Vineeta expressed doubts in regards to the app’s viability, questioning its differentiation from different healthcare apps available in the market. Namita Thapar, Government Director of Emcure Prescribed drugs, echoed comparable considerations, highlighting the shortage of uniqueness and its enchantment to CFOs.
Because the questioning intensified, Vineeta probed Himanshu additional when he launched a story about monetizing via a podcast. Nevertheless, BoAt’s CMO Aman Gupta sought extra readability, however Himanshu failed to supply a definitive reply. This prompted Vineeta to advise him to desert the narrative, questioning his strategy and branding. Throughout the cross-examination, Himanshu revealed he sought mentorship and exterior funding, additional irritating Vineeta and Aman.
The state of affairs took a flip for the more serious when Kunal Bahl uncovered a factual inconsistency-Himanshu had launched the web site simply days earlier than the present. This revelation startled the buyers, with Aman Gupta criticizing the rushed nature of the transfer. Aman additionally famous Himanshu’s overconfidence and “hangover of success” from his earlier ventures. Regardless of initially contemplating a proposal, Aman finally withdrew, citing Himanshu’s perspective as a deterrent to offering mentorship or funding.
Kunal, who additionally confirmed preliminary curiosity, determined towards investing, stating that his belief in Himanshu had been eroded. Namita adopted go well with, citing the app’s lack of innovation and Himanshu’s dismissive stance towards competitors.
Ritesh Agarwal, CEO of OYO Rooms, recommended Himanshu’s entrepreneurial spirit for beginning three companies at a younger age however declined to make a proposal. He supplied assist outdoors the present, emphasizing that the pitch felt rushed. Kunal summed up Himanshu’s enterprise as a “good to have” initiative however finally selected to not make investments.
The pitch shortly went viral on social media, sparking widespread criticism of the younger founder’s overconfidence. Netizens described the presentation as “arduous to look at.” One person remarked, “He needed to be handled as a prodigy,” whereas one other commented, “His vanity was on one other degree.”
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Himanshu Rajpurohit, as described on LinkedIn, is a serial entrepreneur, investor, and guide obsessed with scaling impactful companies. Starting his entrepreneurial journey at 13, he has based and exited a number of ventures, together with a Dubai-based B2B furnishings tech firm that achieved multi-million-dollar income inside a yr earlier than being acquired. His experience spans healthcare, finance, and know-how, specializing in innovation and goal. He has additionally invested in and consulted for startups throughout India, Singapore, and Dubai.
In a LinkedIn submit, Himanshu shared that he grew to become a millionaire at 17. At 14, he taught himself coding and launched his second startup. Regardless of dealing with scepticism as a younger founder and being dismissed by enterprise house owners, his perseverance paid off when he secured his first “sure,” reworking his life and profession.