Shark Tank India: When Wakao Foods owner reminded Namita Thapar of Rohit Shetty; left the ‘3 mothers’ impressed

The first season of Shark Tank India became a huge hit amongst the audience. While one reason behind this was the impressive panel of potential investors aka sharks, the other reason was the quirky products or business ideas that came their way. Well, in one episode the sharks came across an entrepreneur who stood out from the rest because of his interesting sales pitch and his admirable salesmanship-- the founder and CEO of Wakao Foods, Sairaj Gaurish Dhond from Goa. Not only did he win most of the panel members over, but also wowed them with his dance moves.

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A lawyer by education, Sairaj came up with the idea to use jackfruit as mock meat to make yummy ready-to-eat and ready-to-cook meals like Jack Burger Patty, Butter Jack and BBQ Jack. His aim is simple-- to introduce the world once again to the ‘super food’, with a tasty twist. Sairaj requested Rs 75 lakhs for 5% Equity. Well the moment he was done with his pitch, Executive Director of Emcure Pharmaceuticals Namita Thapar told him he looked like filmmaker Rohit Shetty . By the end, he had two offers!

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MamaEarth’s Chief Mama Ghazal Alagh , SUGAR Cosmetics CEO Vineeta Singh and Namita offered him Rs 75 lakhs for 30% Equity, whereas CEO of Lenskart Peyush Bansal was willing to invest Rs 15 lakhs for 5% Equity along with Rs 60 lakhs debt at 12% interest. Talking about the first offer Anupam Mittal , Founder and CEO of Shaadi.com and People Group, joked that Sairaj is getting the ‘teen maa’ of Shark Tanks. Well, Sairaj and his Wakao Foods left the episode with the support of three sharks and Rs 75 lakhs for 21% Equity.

Did you think this deal was a win-win for Sairaj and the ‘three mothers’ of Shark Tank?