<p>At the start of the most recent episode of Shark Tank India 3, Anupam Mittal, Namita Thapar, Aman Gupta, Vineeta Singh, and Ritesh Agarwal are among the sharks.<br />
The first pitcher of the day is the creator of Katidhan, a method for tracking and monitoring animals. SR Ayan is the creator. The product is an autonomous light-deterrent system that runs on solar power. It turns on after dusk, emits light in different patterns throughout the night, and shuts off at dawn.</p>
<p><img decoding=”async” class=”alignnone wp-image-527103″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-shark-tank-india-3-ritesh-agarwal-makes-an-offer-and-informs-the-pitcher-using-the.jpg” alt=”theindiaprint.com shark tank india 3 ritesh agarwal makes an offer and informs the pitcher using the” width=”1203″ height=”722″ title=”Shark Tank India 3: Ritesh Agarwal makes an offer and informs the pitcher using the wildlife tracking equipment, "Thodi toh khushi dikhaiye." 15″></p>
<p>When they see light, animals get afraid and avoid the farmlands.<br />
His request for 2.5% equity is Rs 1.5 crore.<br />
Vineeta asks Anupam and Aman what “Katidhan” means, stating that it sounds like “paise kar raha hai” (money is deducted). “It’s an amalgamation of ‘kathin samadhan,’ which is kati-dhan—solutions for complex problems,” says the creator.<br />
Ritesh would want to talk about sales based on individual instances. Does it exist in Rayagada, asks Vineeta? You see, I believe you will get finance, and if you implement this solution in Rayagada, your one-year debt will also be settled. Ritesh chuckles.</p>
<p>Anupam doesn’t make an offer, but he makes an effort to comprehend the business savvy in order to propose a bargain. Namita and Vineeta don’t extend an offer either.<br />
Ritesh extends a proposal. His proposal is Rs 75 lakh for Rs 75 lakh in debt with a three-year interest rate of 10% and 5% equity. “You draw the money and then give the interest,” he adds when referring to money. You are not required to pay interest if you are not withdrawing money and do not need the money.<br />
Ritesh remarks, “Thodi toh khushi dikhao dost, aapko lag raha tha deal nahi milega,” after seeing the pitcher’s grave expression. “Getting 15X valuation on hardware products, I haven’t seen it,” remarks Anupam. It’s an excellent deal. It’s an excellent deal, according to Namita and Vineeta as well.<br />
I accept the offer, Ayan.</p>
