Shark Tank India pitcher who spent Rs 14 crore of husband’s money on her business is accused of ‘disrespecting cash’ by Vineeta Singh
Summary
An entrepreneur from Chennai pitched her kids healthcare brand Tikitoro on the latest episode of Shark Tank India. Prasanna, who is a mother herself, said that she was inspired to start the brand after noticing a gap in the market for products such as shampoos and lotions for children between the ages of 3 and 16. The panel of sharks on the episode included Namita Thapar, Anupam Mittal, Vineeta Singh, Kunal Bahl and Peyush Bansal.Prasanna said that she delivered her child after getting infertility treatment for seven years. She said that she is projecting Rs 17 crore in revenue this year, but is still burning money.Also read Shark Tank India pitcher quit previous startup because of her ex, Anupam Mittal calls her one of the best founders in the shows history Prasanna said that she hasnt raised any capital yet, and that every penny has come from personal savings. Of this total, she said, Rs 6.5 crore was used to buy inventory, because a shipping crisis put the business in jeopardy some months ago.