‘Shhh.!’ Pitcher asks Peyush Bansal to be quiet; Anupam Mittal takes offence & schools him
shark Tank India 3 pitcher Vikas Suri of Popcorn and Company fame offended Anupam Mittal on the show when he asked Peyush Bansal to be quiet by doing the rude “shhh”.
In a recent episode, the founder pitched his business by calling himself “popcorn man of India” and asked Rs 75 lakh for 7.5% equity.
After the pitch, Namita stated, “I go to the theatres along with my family regularly. All of us want popcorn. My children always prefer the caramel-flavoured one. I like the butter salted popcorn and so does my husband. You rightly said we want the same experience at home. You have a great business and a great product.”
@ SonyLIV
The pitcher then offered his flavoured popcorns to sharks and Anupam replied, “Boss, the Strawberry Popcorn is a class apart. Generally, I think a few food items including coffee and popcorn shouldn’t be flavoured. But this has a solid taste. It’s more suitable for couples on Valentine’s Day.”
Namita then made an offer to the pitcher while Aman Gupta stated, “My suggestion is to know your competition better and also your numbers. It’s not my USP and it’s an expensive category for me. So I’m out.”
Peyush Bansal shared his opinion, “Isn’t there a kiosk chain in the popcorn business? I’m surprised because the real margin is in the retail market. Its manufacturing cost is less than Rs 20. It’s a business with a 90 percent margin: I’m saying hypothetically. If your sales are worth Rs 6 lakh, your gross profit should be Rs 5 lakh. Suppose I pay Rs 1 lakh of Rs 5 lakh in salaries. In reality, I could be making a 30 per cent profit from a kiosk. The cost of setting it up… That’s not hard.”
The pitcher then asked Peyush to be quiet, saying, “Shhh… not that.”
Vineeta then reacted, “No! No! No! Aapne chup kara dia unko (You just shushed him).”
This offended Anupam Mittal as he lost his cool and said, “Bhai saab aap kis liye aaye ho yaha. Aap the Vikas Suri ho, the Vikas Suri, who knows everything. 3 saal hogaye hum yaha baethe huye, aapko pata hai? Hum kya karte hai kuch idea hai aapko? Aapne aake Shark ko ekdum chup kara diya. Aapne kahan Shhh… (Sir, why are you here? You are Vikas Suri. The one who knows everything. We have been here for three years. Do you know this? Do you know about our work? You shushed a Shark abruptly here.)”
@ SonyLIV
Peyush replied, “It’s ok. Umar me bade hain.” But Anupam wasn’t having it as he said, “Nahi umar ki baat nahi hai. Seat ki izzat hoti hai yaar.”
Vikas apologised and tried to clarify by saying, “I’m sorry if I hurt you, but I didn’t really say that.”
Anupam continued scolding him saying, “Aap jabse aye hai, aap bade bade statements de rahe hai. Aapke answers itne vague hai. Aap clear nahi bata rahe ho. Aapne aapka naam itni baar le lia. Main aaj tak naam nahi suna aapka. Hamare paas kyu aaye ho? Hum yaha paise daalte hain, thoda experience hai, woh share karte hain, kuch doors khol dete hain. Saath me hum kuch seekh bhi jaate hain. Aapse milke lag raha hai aap me learning agility aur humility toh hai hi nahi.”
At the end, all the other sharks opted out of the deal and Vikas was left with only Namita’s offer of Rs 75 lakh for 15% equity + 3% royalty until Rs 75 lakh is recouped. He took the deal.
