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Shark Tank India 3: 'FOMO' Seals Rs 35 Lakh Deal With Aman Gupta, Anupam Mittal

The guilt-free drink by FOMO Brews has bagged a deal of Rs 35 lakh with Aman Gupta and Anupam Mittal in the campus special episode of 'Shark Tank India' season 3.

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The guilt-free drink by FOMO Brews has bagged a deal of Rs 35 lakh with Aman Gupta and Anupam Mittal in the campus special episode of 'Shark Tank India' season 3.

The entrepreneurial reality show witnessed a pitch by young boys Avik Chaudhery and Gaurang Gadia, the founders of 바카라FOMO바카라.

Gaurang is 21-year-old, and is studying Masters of Business Laws from National Law University, Bengaluru. Avik is pursuing executive MBA from Stoa, Bengaluru. They had started FOMO in the third year of college.

FOMO has freshly brewed iced teas, with no refined sugar, no preservatives, and no concentrates. It is available across restaurants, corporate offices, marketplaces and embassies. They are also launching milk mixes soon.

They asked for Rs 35 lakh for 4 per cent equity

Aman (Co-Founder and CMO of boAt) asked them: 바카라Where in DU were you?바카라 To which Gaurang replied: 바카라Hansraj College, and Hindu College.바카라

Speaking about their entrepreneurial journey, Avik said: 바카라We're very fond of iced teas. So, when we went to the market, we realised that iced teas have no tea in them. So, we saw this big gap and then Covid happened. People want to consume better. So, iced teas are a great option. Because it has tea, antioxidants.바카라

바카라We decided to sweeten it with honey and Khaand. We made samples at home and took it DU. When we felt that it's good we started it,바카라 he shared.

They have also recently launched iced tea premixes.

Ritesh Agarwal (Founder and CEO of OYO Rooms) said: 바카라Tell us about the finance. What about the sales?바카라

Gaurang then gave a detailed description of their last seven month sales in 2023: 바카라April-Rs 2.7 lakh, May- Rs 4.4 lakh, June- Rs 3.7 lakh, July- Rs 3.05 lakh, August- Rs 3.1 lakh, September-Rs 3.7 lakh, and in Оctober- Rs 3.4 lakh.바카라

Anupam (Founder and CEO of Shaadi.com) said: 바카라Avik, Gaurang, I like you guys. You have the potential to learn. I think you're adaptable. The best part is that after this conversation with you, two things are clear. Firstly, I feel that you guys have experience. You're seasoned players. You have hustled. You have learnt quite a bit.바카라

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바카라You listen and take feedback too. You're open to it. I feel that we can build something together. We can set it in a direction that's differentiated where it can take a position and capture the segment,바카라 added Anupam.

Finally, they closed the deal at Rs 35 lakh for 6 per cent equity with Aman and Anupam.

바카라Shark Tank India 3바카라 streams on SonyLIV.

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