honest home company pitch

Founder Mayank Sisodia initially invested ₹1.25 crore, retaining 80% equity. Three friends invested ₹1 crore for the remaining 20%. Seeking additional funding, Mayank offered 2% equity for ₹1 crore at a ₹50 crore valuation. Ultimately, he secured a deal with Shark Amit Jain, obtaining ₹1 crore for 3% equity and a 1% royalty until ₹1.5 crore is recouped, based on a company valuation of ₹33.33 crore.