On Tuesday episode of “Shark Tank India,” the longtime investor and Lenskart founder, Peyush Bansal’ invested Rs 1 Crore in Ranvijay startup of door to door marketing of Flipkart and Upgrad. Extremely disappointed with the entrepreneurs and their ideas, Peyush Bansal was confused where to invest his money until he saw Ranvijay, host of the show, selling Flipkart and Upgrad subscription to every entrepreneur just outside the gate of the Shark Tank India set.
Other investors too showed their interest in Ranvijay’s startup but weren’t happy with the sales figures as Ranvijay failed to convince 99% of its customer, entrepreneurs. Ranvijay has sold his 40% equity in exchange of Rs 1 Crore to Peyush Bansal.
Peyush Bansal while offering Ranvijay Rs 1 Crore said that Ranvijay is very determined and the way he sells Flipkart and Upgrad he’ll certainly help both the brands with their sales figure.
