10 Notable Investments Made by Peyush Bansal on Shark Tank

Peyush Bansal, the mastermind behind Lenskart, has invested in numerous companies, totaling 97 startups as an investor or angel investor but let’s find out about these 10 amazing startups that he invested in during Shark Tank India.

Peyush Bansal’s Top 10 Standout Investments from Shark Tank

• Meatyour-Established in 2020 by Arnav Gandhi and Saisharan Gandhi, the brand specializes in producing odorless brown eggs. Through natural hen’s egg farming, they maintain a high-quality product that does not have unpleasant odors.

In Shark Tank India, the founders initially asked for 30 lakhs for 5% equity. Peyush and Aman offered a joint deal of 30 lakhs for 20% equity, which was matched by Anupam’s solo offer of 30 lakhs for 20% equity. The founders countered Peyush and Aman’s offer with 30 lakhs for 14% equity. At last Peyush, Aman, and Anupam presented a joint offer of 30 lakhs for 20% equity, which the founders accepted, sealing the deal. Peyush invested 10 lakhs INR for 6.6% equity.

• Nuutjob-Established in 2021, by Ananya Maloo and Anushree Maloo, the brand prioritizes male hygiene, offering products for intimate hygiene and grooming. Their range helps prevent issues such as sweating, irritation, and bad odor while maintaining pH balance around men’s private areas.

In Shark Tank India Season 1, Nutjob pitched their idea for 25 lakhs for 5% equity. Ashneer and Anupam offered them a joint deal of 25 lakhs for 25% equity, while Peyush and Aman, alongside Namita, proposed a joint deal of 25 lakhs for 20% equity. Later, Ashneer and Anupam adjusted their offer to 25 lakhs for 15% equity. However, the founders ultimately accepted the offer presented by Peyush, Aman, and Namita. Peyush invested  8.33 lakhs INR at 6.6% equity.

• Loka-Loka is founded in 2020 by Krishnan Sunderarajan. Loka World is India’s first metaverse application that offers a global community where people can interact with each other on a worldwide basis through various mean.

In Season One of Shark Tank India, Krishnan proposed 40 lakhs for 5% equity. Peyush and Aman gave him an offer of a joint deal of 40 lakhs for 25%. However, Krishan countered with an offer of 40 lakhs for 20% equity. In the end, Aman also joined the deal, offering 40 lakhs for 24% equity.  He accepted this revised offer.Peyush invested 13.3 lakhs INR at 8% equity.

• Carragreen-Carragreen is founded by Surabhi Shah in 2015  is a biodegradable utensil brand that reduces plastic use with its eco-friendly products.

In Shark Tank Season 1, Carrageen asks for 50 lakhs for 10% equity. Anupam was the first to offer a deal of 50 lakhs for 25% equity, with Peyush joining the offer. The founder countered with 50 lakhs for 12% equity. Anupam and Peyush then also gave a counteroffer of 50 lakhs for 20% equity. In the end, the founder accepted this revised offer, marking a successful agreement.Peyusg invested 25 lakhs INR at 10% equity f

• Thinkerbell Labs-Co Founded by Sanskriti Dawle and Aman Srivastava in the year in the year 2016. It developed India’s first self-learning remote-enabled brain literacy device called ‘Annie’ a device to empower visually-impaired children to learn reading and typing independently, without requiring special guidance.

In Shark Tank India Season 1, they initially asked for 0.5% equity for 30 lakhs at a valuation of 60 crores. The Sharks loved the products and their aim for the visually impaired children and offered various deals. Peyush Bansal offered 1 crore for 5% equity, matching Namita’s offer that was 30 lakhs for 0.75% equity. Thinkerbell Labs countered with 1 crore for 2.5% equity to all four Sharks. After negotiations, Ashneer left the deal and Anupam, Peyush, and Namita offered 1.05 crores for 3% equity, with each contributing 35 lakhs. The deal was accepted with this offer. Peyush invested 50 lakhs at 1% equity.

• Vivlayf-Founded by Duvvuru Varshitha and Vimal Kumar in the year 2021. Vivlayf has a product called Easy Life which is a glucometer brand that uses technology and science to address diabetic needs. They provide a painless experience for diabetes patients as the product is non-invasive, and no blood.

In Shark Tank India Season 1, the co-founders of Easy Life, Duvvuru Varshitha and Vimal Kumar, presented their non-invasive, painless device where they first asked for 56 lakhs for 7.5% equity. Peyush and Anupam offered 56 lakhs for 33.33% equity, after giving a counteroffer that contained 36 lakhs for 15% equity and  20 lakhs as debt to sharks, The founders accepted the deal of 56 lakhs for 33.33% equity. Peyush invested 28 lakhs INR at 16.6% equity

• Ariro- Founded by Nisha Ramasamy and Vasanth Tamilselvsan in the year 2020.The brand creates eco-friendly toys for children, crafted from neem wood and safe paints. Their brand focus is on children aged 0-3 years.

In Shark Tank India Season 1, the founders first asked for 50 lakhs for 1.5% equity. Ashneer and Aman made a joint offer of 50 lakhs for 15% equity and gave another offer of 50 lakhs for 12% equity. The founders presented a counter offer of 50 lakhs for 10% equity which Peyush and Aman accepted. Peyush invested 25 lakhs INR for 5% equity.

• EventBeep- Founded by Saurab Mangrulkar, Rakhi Pal and Venkatesh Prasad in the year the year 2017.EventBeep is an online community, which  makes students’ lives  simple by helping them stay updated about their academic and work ecosystem.

In Shark Tank Season 1 India, the founder first asked for 30 lakhs for 2% equity. Peyush offered the same amount for the same equity. Ashneer and Aman also made individual offers. Eventually, the founder proposed a joint deal of 40 lakhs for 3% equity to all three sharks as together, which the three sharks countered with 30 lakhs for 3% equity. The founder accepted this offer. Peyush invested 10 lakhs INR for 1% equity.

• Proxgy- Founded in 2020 by Pulkit Ahuja and Inderjit Singh. Proxy. Specializing in customized IoT hardware and a SaaS platform, Proxgy is a technology aggregator, offering creative solutions in IoT, Artificial Intelligence, and NLP.

In Shark Tank Season 1 India, Proxgy’s first offer was for 35 lakhs for 1% equity. Peyush and Ashneer offered 50 lakhs for 10% equity, to which the co-founders counteroffer the sharks 50 lakhs for 2.55% equity. Peyush and Ashneer then countered the offer with 1 crore for 10% equity, which the founder accepted. Peyush invested 50 lakhs INR at 5% equity.

• Watt Technovations-Founded in the year 2020 by Nihaal Singh Aadarsh.The company made the Cov-Tech ventilation system, provides ventilation for PPE kits.

In Shark Tank India Season 1, Nihaal presented the Cov-Tech ventilation system, asking for just Rs101 for 2% equity. Despite the device’s aim, there were certain issues that prevented the Sharks from investing. However, both Anupam and Namita offered together, believing in Nihal’s future potential and vision.

Nihaal impressed Peyush, who offered his phone number rather than an offer and expressed interest in being the first to invest in his company when he will create something that Peyush thought would become big.

Nihaal proposed an idea to Peyush of joining Anupam and Namita’s offer for 4% equity, which Peyush accepted. The deal closed at Rs 101 for 4% equity. Peyush invested 25.25 INR at 1% equity.

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