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In Shark Tank India Season 5 Episode 22, the tank heats up as entrepreneurs step in with innovative comfort wear brands aiming to redefine everyday fashion. From sustainable fabrics to smart designs, the pitchers battle it out to win the Sharks’ trust—and their investment.
Expect sharp negotiations, tough questions on margins and scalability, and intense face-offs as the Sharks compare comfort, quality, and business potential. The Comfort Wear Showdown promises style, strategy, and high-stakes deals in today’s full episode.
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Shark Tank India Season 5 Episode 22
Shark Tank India today episode
Shark Tank India full episode
The Comfort Wear Showdown
Shark Tank India 3 feb 2026
Shark Tank India latest episode
Indian startup show
Business reality show India
Entrepreneurs pitch to sharks
Shark Tank India Season 5

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Transcript
00:30We are men who listen.
00:32We are an engineer turned innerwear.
00:34Because we are not taboo.
00:36Business is a business.
00:38Where are your parents?
00:39People say, what are you doing?
00:40We are going to kill.
00:41We are going to kill.
00:42We are going to kill.
00:43We are going to kill.
00:49In the current stage,
00:50we are not going to make a better shape.
00:52Where are they from?
00:53They are from China.
00:54Can you buy the same product?
00:55Yes, but we were gone.
00:56We didn't feel good in that factory.
00:58We didn't get it.
00:59Very good.
01:00That is total Gen Zee.
01:01Let me tell you.
01:02Let's go.
01:03Let's go.
01:04Let's go.
01:05Let's go.
01:06Let's go.
01:07Let's go.
01:08Let's go.
01:09Let's go.
01:10Let's go.
01:11Let's go.
01:12Let's go.
01:13Let's go.
01:14Let's go.
01:15Let's go.
01:16Let's go.
01:17Let's go.
01:18Let's go.
01:19Let's go.
01:20Let's go.
01:21Let's go.
01:22Let's go.
01:23Let's go.
01:24Let's go.
01:25Let's go.
01:26Let's go.
01:27Let's go.
01:28Let's go.
01:29Let's go.
01:30Let's go.
01:31Let's go.
01:32Let's go.
01:33Let's go.
01:34Let's go.
01:35Let's go.
01:36Well, exactly.
01:37Let's go.
01:39Let's go.
01:40Words are the same.
01:42But they are different.
01:43One brand has written their story about data and research and one brand has created their brand.
01:52Come on, tell us about yourself, friends.
01:54Hi, we are Ragini and Mother from Invoke.
02:00I am Yash, this is Anand, we are from Kervi.
02:09Both founders will come together and pitch their brands.
02:12And you will meet them in 40 minutes.
02:15After 35 minutes, this buzzer has come.
02:17As you listen to the buzzer, you have only 5 minutes left.
02:22In 5 minutes, they will come back and send them out.
02:25And then the other founders will come and pitch.
02:30Match-off is one catch.
02:31If you want to invest in the other side,
02:34then you don't want to go directly.
02:37Hold your purchase.
02:40After both pitches are finished,
02:42we will decide that you have to invest in one side,
02:44to the other side,
02:45or in both pitches.
02:48Kullu, thank you.
02:49Thank you so much, Kullu.
02:50Thank you so much, Kullu.
02:51Don't go away until now.
02:52Don't go away.
02:53Don't go away.
02:54Don't go away.
02:55And Kullu, are you okay?
02:56Yes, okay.
02:58That's your fault.
03:02Let's toss.
03:03You will call.
03:06Heads.
03:10Tails.
03:11Tails.
03:12Heads.
03:13Heads.
03:14Heads.
03:15Heads.
03:16Heads.
03:17Heads.
03:18I'm out.
03:20Thanks.
03:21Bye.
03:22Thanks, Kullu.
03:23See you, buddy.
03:24Bye.
03:27Sharks.
03:28We are men who listen.
03:30We are all surprised to see her innerwear
03:35today's innerwear is uncomfortable,
03:37suffocating,
03:39and painted on the skin.
03:42We have seen pain points here,
03:44but we have seen a very big business opportunity.
03:48Hello, Sharks.
03:49My name is Anant Bhardwaj.
03:51And I'm Yash Goyal.
03:52We are from Curvy.
03:53Curvy is a size-inclusive women innerwear and shapewear brand,
03:58which brings premium quality seamless products
04:00Indian body type and Indian price point.
04:04Sharks.
04:05Our best-selling category is shapewear.
04:07At today's date, women's clothing is very versatile.
04:11Tight dresses or skinny jeans.
04:13Shapewear is a natural body bulge.
04:16A body-hugging fit.
04:19And ladies,
04:21Curvy's strongest pillar is comfort.
04:23This means you can wear it daily,
04:25not only on occasions.
04:27And Sharks,
04:28we have not heard of the women,
04:29but in a year,
04:3160,000 women also win.
04:33Boys, you know how difficult that is.
04:35So, innerwear and shapewear
04:37to dominate this category,
04:39our ask is 1.2 crore for 2% equity.
04:43So, Sharks, join us engineer turned innerwear
04:47because we don't have any taboo.
04:49Business is a business.
04:51Alright.
04:52Yash, Anand.
04:54Welcome to Shark Tank India Season 5.
04:56Just to clarify,
04:57we have talked about earlier.
04:59Last year only.
05:00So, congratulations.
05:01You have continued a long journey.
05:03So quickly.
05:04Well done.
05:05Thanks.
05:13Oh, nice.
05:16It's actually very soft.
05:20As you can see,
05:21it's a very premium fit.
05:23Good packaging guys.
05:24It's a standard packaging.
05:25It's a standard packaging.
05:26It's always standard in this.
05:27Bottom wear.
05:28Bottom wear.
05:29And what's the price point approximately?
05:31Anupam, this body suit is 2749 MRP.
05:35That's a lot.
05:37It's a model.
05:39It's not a model.
05:40It's a model.
05:41It's a blend of polyamide spandex.
05:43So, polyamide is a derivative of polyester.
05:46It's biodegradable and breathable.
05:48So, 65% of polyamide used.
05:5035% of polyamide spandex used.
05:52It's called Elastain and Lycra.
05:54What is this?
05:56It's also polyamide spandex.
05:58It's bonded technology.
05:59Yeah, but this is like...
06:00This is a bralette.
06:01And what's the price approximately?
06:03This price is 1349 MRP.
06:06The two hottest selling brands.
06:08Spanx and Skibs.
06:10Yeah.
06:11Is this the same material?
06:12This is exactly the same material.
06:13And where do we put this material?
06:15Our finished garment,
06:17we build in India in one factory.
06:19We procure raw materials from China.
06:21So, take this clothes and do it in India?
06:24Yeah.
06:25You mean, how did you get out of two men?
06:28And no woman has a co-founder.
06:30What is this?
06:31What's your journey?
06:32So, we were both friends at Thapar University.
06:35We enrolled for engineering.
06:37And we lived there for 4 years.
06:39After that, our journey was very different.
06:42I left engineering.
06:43And entered into finance world.
06:46So, I went to investment banking.
06:48After 4 years, I started to focus on the India market.
06:52I joined a venture debt fund.
06:54Stride Ventures.
06:55Stride?
06:56Yes.
06:57This is your investment, right?
06:58Yes.
06:59So, coming to that.
07:00When I worked in Stride,
07:01then Sugar was my portfolio.
07:03Oh my god.
07:05So, for 2 years,
07:06with Sugar and 35 D2C companies,
07:09I worked closely.
07:11To understand that after COVID,
07:13where is the consumer going?
07:15How is the branding?
07:16How is the branding?
07:17How is the brand building?
07:18So, that experience made me a trigger point.
07:20I wanted to do something in D2C.
07:22My background is a bit different.
07:24I don't have investment banks.
07:26I'm on my creative side.
07:28So, I joined in Bombay,
07:29a content creation company.
07:31So, after that,
07:32we connected again.
07:33After that,
07:34we knew what was happening in a brand building.
07:36What was happening in a brand building?
07:37I knew how to sell the brand.
07:38And we thought,
07:39what can we work in a category?
07:41So, at that time,
07:42we were seeing a lot of categories.
07:44We were seeing a lot of categories.
07:45And slowly,
07:46we were growing up in Skims,
07:47Spanx,
07:48which were growing up in the US.
07:49So, we had a lot of attention.
07:50So, we thought,
07:51that there was nothing in India.
07:54Where Skims has become $1 billion revenue.
07:57In India,
07:59we have a lot of old brands
08:01that are fashion first.
08:02So, we have to bring a brand first.
08:04a brand ideology.
08:05Because it's such a garment
08:07that will not be visible.
08:08It's invisible.
08:09So, if it's just a feel,
08:10then we have to make a feel
08:11that it will become our pillar of comfort.
08:14Which year?
08:15In 2013.
08:18Hats off to you guys.
08:19I think what you're doing is amazing.
08:20How did your parents come here?
08:22People say,
08:23what are you doing?
08:24What are you doing?
08:25I'm coming from a family.
08:26We're going to kill.
08:27Yes.
08:28My father wanted me to do business.
08:30You learn me.
08:31Sit with me.
08:32Sit with anyone.
08:33Sit with me.
08:34When I told them
08:35that I want to do business,
08:36they're happy.
08:37So, I got a lot of support from the family.
08:38Why no woman?
08:39Where do you get your women insights?
08:41So, women insights come from my family.
08:43I have a sister.
08:44I have a mother.
08:45Amazing.
08:46We have a team of 15 people.
08:47We have a focus group
08:48in which today's rate
08:49is more than 500 women.
08:50Amazing.
08:51Where we take suggestions
08:52before launching anything.
08:54You're not in innerwear business.
08:57You're in shapewear business.
08:59We're in innerwear business
09:01in which shapewear is a sub-category.
09:03But everything around is spandex.
09:06At the end of the day, it's plastic.
09:08But everyday, a lot of women
09:10want comfort and cotton.
09:13Our new product development,
09:15our cotton line is already started.
09:17We want to believe
09:19that with our customers
09:20we have the same feedback
09:22that cotton model
09:23has a better feel
09:25because it's a light on body.
09:27We wear spandex and skims
09:29when we go to party.
09:31We don't wear those days.
09:32We wear those traditional brands.
09:35US consumers wear skims
09:37and spandex daily.
09:38We want to bring that ideology
09:40to India.
09:41If it's curvy,
09:42if it's India's skims
09:43or it's curvy,
09:44then you'll wear those days.
09:46My stylist said
09:48can you wear shapewear?
09:49I said no.
09:50I'm not going to sit wearing shapewear
09:52for the entire day.
09:53I'm assuming that
09:54you're going to try to change this.
09:56Have you got any studies on comfort
09:58compared to other brands?
10:00When we started to design
10:02our market studies
10:04just said that
10:05it's uncomfortable in India.
10:07People can't wear this day.
10:09Whatever the functions
10:11we've decided
10:13that we'll work in low to mid compression
10:15and we'll work only
10:16on those pain points
10:17where fat accumulation
10:19usually happens.
10:20If you look at a female anatomy
10:22then the sides are more fat.
10:24We'll compress it
10:26and not compress it.
10:28I believe
10:30what they said
10:31that innerwear
10:32and shapewear
10:33are the same thing.
10:34For example,
10:35underwear
10:36with a slightly tighter
10:37thing around your tummy
10:38where perimenopause tummy
10:39on a daily basis
10:40is hidden.
10:41So for me
10:42it's something
10:43I wear everyday.
10:44There's a new brand
10:46right now.
10:47Kusha
10:48and people
10:49suddenly
10:50that brand
10:51has taken off.
10:52So everybody
10:53is talking about
10:54underneath more.
10:55What do you guys feel about that?
10:56If I tell you
10:57that innerwear market
10:58it's even bigger than 90,000 crores.
10:59And shapewear
11:00today's market
11:01is more than 30,000 crores.
11:03Mostly unorganized.
11:04Mostly unorganized
11:05and its growth
11:06year on year
11:07is more than 25%.
11:08Okay.
11:09So it's not competition?
11:10It's competition
11:11because there's
11:12TG overlap.
11:13You don't have
11:15paranoia
11:16No,
11:17we don't have a difference.
11:18Because I think
11:19you say
11:20we will make it.
11:21That's right.
11:22I understand psychology
11:23No, no.
11:24Who is the market leader in India?
11:25Jockey is the market leader.
11:26But jockey is both genders
11:27right?
11:28It's both genders.
11:29So 5,000 crore revenue
11:30annually
11:31as per Fy24
11:32with 1500 crore revenue
11:34from women.
11:35How much is shapewear
11:36out of that?
11:37So shapewear is very small.
11:38I think
11:39their shapewear is
11:40not more than 100 crores.
11:41But it's an emerging category.
11:42It's an emerging category.
11:43It's an emerging category.
11:44It's an emerging category.
11:45Exactly.
11:46It's an emerging category.
11:47In India
11:48there is a cultural mindset
11:49that if the living room furniture
11:50is best,
11:51if someone comes to the bedroom
11:52you can put it.
11:53Same thinking.
11:54How do you convince
11:55consumers
11:56to buy relatively expensive
11:57compared to regular
11:58lingerie products
11:59that you don't see?
12:00So I think
12:01the Indian consumer
12:02is very evolving.
12:03In Curvy
12:04there are 50% orders
12:05from Tier 2
12:06and Tier 3.
12:07And there is a trend
12:09so I think
12:10the customers
12:11are slowly accepting
12:12that if I can buy
12:13so expensive dress
12:14in the outerwear
12:15then the innerwear
12:16is not in it.
12:17Let's get your numbers.
12:18Numbers.
12:19So we started in August
12:21and until March 24
12:22we had no revenue
12:23until March 24
12:24we were only working
12:25on R&D.
12:26March 25
12:27which is Fy25
12:28we had 1.4 crore revenue
12:29and our burn
12:31was minus 1.2 crore.
12:33Oof.
12:34And now?
12:35After that
12:36last month
12:37we had 1.05 crore
12:39net revenue
12:40until 6 months
12:42tell us.
12:43Total 6 crore.
12:446 crore?
12:45Wow.
12:46One second.
12:47Burn? Burn?
12:482 crore.
12:49How much burn in September?
12:50In September
12:51our burn was minus 13 lakhs.
12:52Well done.
12:53This year
12:54we projected our 15 crore
12:55at a burn of total 3 crore.
12:56amazing job.
12:57Amazing job.
12:58So how did 1 crore to 15 crore
12:59what's the secret?
13:00First
13:01I cried
13:02I cried
13:03I cried
13:04I cried
13:05I cried
13:06I cried
13:07I cried
13:08I cried
13:09I cried
13:10I cried
13:11I cried
13:12You're a good investor.
13:13Test 1, 2, 15 crore
13:16what is the secret?
13:17I am angry
13:18and tested
13:19we won't have most of the time.
13:21In the second year
13:21we doubled down
13:22the strategy
13:23ments of communication
13:24orした product
13:25or colours
13:26how are we again
13:27
13:27and peat
13:28and we scaled
13:31the data points
13:31being made
13:32as expected
13:32....
13:35How much gross margin
13:3659% is our gross margin after taxes.
13:39Percentage of marketing as percentage of revenue?
13:4135%.
13:43Then, you have minus 15-20%.
13:45I'll explain to you once again.
13:47CM1 is our 49% after fulfillment, payment, gateway, packaging.
13:52CM2 is our after performance, marketing and other marketing efforts from marketplaces.
13:5613% is our 13%.
13:582% is CM3, which is all branding activities.
14:01Photoshoots, influencers, offline activations.
14:04And minus 13% is our EBITDA, which is our salaries and rentals.
14:08But how many dead stock assumed your minus 3 crore EBITDA?
14:13So, our dead stock is less than minus 2% at this time.
14:16Now, it's 2% because it's been a year.
14:19But at scale, if it's 5-7% of a jockey, why would it be less?
14:23We have very basic styles.
14:25We don't know in a lot of fashion.
14:26But how many SKUs are total?
14:27Total SKUs is 17, which is 4 Axis series.
14:30No, 17 SKUs doesn't include size.
14:3117 into sizes into colors, total 230.
14:34230 SKUs in inner wear.
14:37It's not 2% dead stock.
14:39You know, this is not optimistic.
14:43Now, I'll tell you two things.
14:44First of all, our supply chain, which is in India,
14:46is our MOQ, which is soft.
14:48So, when we order a new style or new style,
14:51we order some data-driven data.
14:53In that, we keep the sizes of our data.
14:55How much inventory value?
14:571.4 crore.
14:581.4 crore on cost?
15:00Yes.
15:00So, that is almost 3 months.
15:042.5 to 3 months.
15:052.5 to 3 months.
15:07Two questions.
15:08Equity split or investors?
15:09Titan Capital is our investor.
15:11All-in Capital is our investor.
15:13That's why they are angels.
15:14Our friends and family are our friends.
15:16Titan is 12%.
15:18All-in Capital is 10%.
15:20We have 3% angels.
15:2210% is our ESO pool.
15:2465% is we both have.
15:26Okay. What value is the value?
15:27We raised the funding for 5 crore.
15:2925 crore post money.
15:31And are you in the middle of a round?
15:33We are raising a bridge round with the same investors.
15:36What are the terms of bridge?
15:374 crore, 40 crore valuation.
15:39That's 40 crore.
15:40Here, 60 crore.
15:41Like, throw a try.
15:43You can get a deal.
15:46And after this additional 4 crore,
15:48how much will it happen?
15:50So, after this, Titan will be 14%.
15:53All-in will be 12%.
15:55And one angel will be 1%.
15:57Angels will be 1% from 1%?
15:59No, it will be 1% add.
16:001% add.
16:01Got it.
16:02Channel while save.
16:03Majority channel is D2C website.
16:0565%.
16:05Market places, Amazon Mintra is 15%.
16:09And remaining on our quick commerce.
16:1020%.
16:11Quick commerce, accessories are a very good category.
16:14If someone is ready for me, I need tapes or pasties.
16:18You are right there.
16:19Shapewear is what percentage of your current business?
16:22Shapewear and accessories.
16:24Shapewear is 42%.
16:25Accessories is 5%.
16:26And the rest of us?
16:2738% of our brands and 15% of our brands.
16:31Okay.
16:32Can you tell us, what are your ratings and reviews?
16:35Amazon's average rating is 4.4%.
16:39Very good.
16:40And our rating across categories is 4.3%.
16:45You haven't bought any brand ambassador?
16:46No, I haven't.
16:47You know who's brand is?
16:49Invoke Shop.
16:50What about you?
16:52We have seen their shapewear.
16:54We want to be in-upwear first.
16:56We think it's okay.
16:57They are in the market.
16:59But our comfort language is not their.
17:02What is their positive?
17:03To be in-up competition.
17:05What is negative?
17:06To be in-up shapewear.
17:08How big a business will be in 3-4 years and how will it be?
17:13We have five months.
17:13In 3-4 years, this will be 200-300 crore business.
17:17Today, we are only online.
17:18Online, we are only market places, websites and all of them work through.
17:22But in one year, we will also come offline.
17:25You will open your own stores?
17:26You will open your own experience stores.
17:29Shark Tank for funding and marketing.
17:31Funding.
17:32Are you not doing that?
17:33Are you doing Titan Valley?
17:34No, they are doing it.
17:35They are doing it in Bridge Down.
17:36But with funding, I think we are learning from them.
17:40We also want to learn from them.
17:42They are not able to learn much.
17:43We will learn from them all.
17:45It will not be too much.
17:46Too many cooks spoil the broths, right?
17:49We will take all our expertise and all our expertise.
17:51Okay.
17:52All right.
17:53Good job.
17:55Super stuff.
17:55Thank you so much.
17:56I will take care of my body hugging dresses for the first two years.
18:03I'll take care of my body hugging dresses.
18:05Oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh, oh.
18:13Sharks, after weight gain,
18:15I have come to wear body hugging dresses for two years.
18:18All the shape of my hair was my breath and confidence.
18:21The two were remaining.
18:22These have been made by Madhav and Raghany as a partner.
18:29Today, we will be brought to InVog Shop.
18:31It's a good shapewear brand that you can see in every outfit and feel better from it.
18:40This shapewear doesn't change. The breasts are completely invisible.
18:45And you can stay comfortably for hours.
18:48All products are better for me.
18:51Then we are the alpha of shapewear.
18:54In 2023, we were a comfortable shapewear.
18:58And today, we are 6 months ahead of the market.
19:01Now, Invoke is a foundational fashion brand.
19:04I mean, wherever we are based clothing, we are there.
19:06There is no one outfit, but we are there.
19:08Sculpted bras, innerwear, tummy tuggers, swimwear and much more.
19:13So, it's not a sacrifice for anyone.
19:17That's why our ask is 50 lakhs for 1.25% equity.
19:21So, don't negotiate, because Invoke is non-negotiable.
19:27Nice, good. Welcome to Shark Tank, guys.
19:30Thank you, Shark.
19:39Your style shouldn't whisper, it should roar.
19:43Ragini and Madhavi, it's not a bit of finishing.
19:47It should be seamless. You know the meaning of the word seamless?
19:50Yes, it's seamless.
19:51No, there is padding.
19:53It should be seamless.
19:55Quality issue.
19:58What?
19:59See the dot, dot, dot here.
20:00You know these dots over here.
20:01See the dots over here.
20:02And then touch it, it's not seamless.
20:04This is quality problem.
20:05It's not like transitioning.
20:06Transitioning seamless.
20:07You haven't seen it before?
20:08You should look into it.
20:09So, this is a new collection that we launched.
20:12Look at this.
20:13It's a hook.
20:14It doesn't need to be seen.
20:16It's coming out.
20:17A finishing is a little bit needs work.
20:20Absolutely.
20:21Now basically, this is the first batch of the products in that category.
20:24So, we also iterate with every batch.
20:25I understand.
20:26Okay, what is this?
20:27Is this shapewear or brah?
20:29So, this is the shapewear of Dalit.
20:31And how much is this approximately?
20:33999.
20:34999.
20:35And how much is this approximately?
20:362599.
20:37How do you make the material here?
20:39Everything is manufactured in China.
20:41It's written in terms of fabric.
20:43You're using nylon and elastin.
20:46Yes.
20:47I heard that skins and polyamide used.
20:50Polyamide spandex.
20:51Curvy also uses that.
20:53This is Curvy's product.
20:54Right.
20:55At least, it's a very different feel.
20:57It's a big difference.
20:58So, what is the difference?
20:59And why did you choose this?
21:01When we did the shapewear before,
21:04it was a blend of polyamide plus elastin.
21:06We also sell it.
21:07Which is the one you are watching in the beach.
21:09This we sell at 1599.
21:11Which is our best seller.
21:12And we sell it at 2599.
21:14High quality material.
21:15High quality compression.
21:16So, this is better than this?
21:18Much better.
21:19But the claim that Curvy has done was that
21:22polyamide and spandex material is more premium.
21:26So, nylon is also polyamide.
21:28Elastin and spandex are basically very interchangeable scientific terms.
21:32One is branded, one is not.
21:34It goes like that.
21:35It goes like that.
21:36This Blackwall, you said it was 1599.
21:39Yes.
21:40Curvy's similar product was 2500.
21:43Did you know that it is a lower price?
21:46No, no, no.
21:47So, our two collections are.
21:49One we call Invogue Essentials.
21:50Which we sell at 1599.
21:52Which you can sell in daily wear.
21:53Long hours, eight to ten hours.
21:54Very easily you can buy.
21:55Second collection that we have is Invogue Intense.
21:57Which is very high quality, premium quality shapewear.
22:00Which is at par with stims and quality.
22:02And how much price point would it be?
22:03$2599.
22:04Which is in your hand.
22:05Madhaz Ragini.
22:06Yes.
22:07Can you tell me about it quickly?
22:09I was born and brought up in Delhi.
22:11I started my entrepreneurial journey in 12 years.
22:14I was writing content when I was young.
22:17For tech blogs.
22:18Then I made a blog in 14-15 years.
22:21It was a blog called Techie Stars.
22:23It was a big deal with 20-30,000 visitors.
22:25It was a big deal.
22:26So, I called my smartphone companies in their events.
22:28They gave me their smartphones.
22:29When I was 17-18 years old,
22:31I learned performance marketing on YouTube.
22:35At the age of 18,
22:36I made my first dropshipping store.
22:38I generated around $3,000 revenue within 3 months.
22:41At the age of 18,
22:42I was able to scale it to a 50-55 lakhs revenue in 9 months.
22:47And around 8-12% of our profit margin.
22:50Then I made other stores.
22:52In 2020,
22:54I told my parents,
22:55you can do it.
22:56You don't have to work for money
22:57because we are in a humble middle class background.
22:59Since 2020,
23:00I managed my expenses myself.
23:02And in 2023,
23:04we started Invoke and scaled it up.
23:08And how are you?
23:09I have English honours from Delhi University.
23:12And in school time,
23:13I used to work as a ghostwriter for multiple blogs.
23:17And in those blogs,
23:18I generated my income from my college admission fee.
23:22Wow!
23:23You guys are killing it!
23:24After college admission,
23:25I explored my options.
23:27That time,
23:28Madaf was a D2C brand.
23:29That was Pets Get Best.
23:30I started working as a social media manager.
23:33Then,
23:34I started my marketing agency last year.
23:36I started my revenue in 223L.
23:38I started to generate revenue.
23:41And then,
23:42when the time came,
23:43I thought that
23:44I can join Madaf full-time
23:45as co-founder for Invo.
23:47So,
23:48I made my marketing agency
23:49phase out.
23:50And now,
23:51I'm working full-time.
23:52And you're both 25 years?
23:53Yes.
23:54What an inspiring story, guys.
23:56How did you talk to you guys?
23:57How did you get it?
23:58We are together from school.
23:59So,
24:00we date from school
24:01from the 11th standard.
24:02So, it's been 8 years now.
24:03How cute.
24:04Raghiri, by the way,
24:06you are perfect for this brand.
24:08You have to wear it.
24:09And the curvy body.
24:10It is really body-hugging.
24:11Yeah.
24:14Okay, tell me about sales.
24:15So, this is our third year in the business.
24:17First year,
24:18we have revenue for 5 crores.
24:20Not bad.
24:21Loss?
24:22No loss.
24:23EBITDA, 22% positive.
24:24Oh!
24:25Very good, guys.
24:2625 years,
24:27we started multiple companies
24:29and started 5 crores.
24:3122% EBITDA.
24:33You should be so proud of yourself.
24:34Thank you so much.
24:3524-25?
24:3624-25,
24:375.3 crores at a 17% EBITDA.
24:40It's flat.
24:41Yes.
24:425 and 5.3.
24:43Okay.
24:44Yes.
24:45And this year,
24:46we have already done 3 crores revenue.
24:48Till October.
24:49How much will you do this year?
24:50This year, we will do 10 crores.
24:5110 crores?
24:52How much is it now?
24:53Yes, now it's not 3.
24:54So, our business always
24:56from October onwards
24:57till Feb
24:58is a big boom.
24:59Why?
25:00So, usually,
25:01we will avoid additional layers.
25:02Party season.
25:03Party season.
25:04And then secondly,
25:05we will have a major growth
25:06now because
25:07we signed Malaika Arora
25:08as a brand ambassador.
25:10Very cool.
25:11Congratulations.
25:12Thank you so much.
25:13Malaika, great.
25:14Good brand to have.
25:16Right.
25:17But how did you reach 10 crores?
25:18It's not magic, right?
25:20No, no.
25:21So, Malaika alone
25:22is not a growth leaver
25:23for us.
25:24Now we belong in a single category
25:26which was shapewear.
25:27So, right now,
25:28100% is shapewear.
25:29100% is shapewear.
25:30Okay.
25:31Now, we are expanding categories.
25:32So, we are going to swimwear
25:33again
25:34which is shapewear,
25:35swimwear.
25:36And in fact,
25:37I guess Namita,
25:38you will have a product
25:39which is a swimsuit shapewear.
25:40I saw that with the little
25:41paws in the back.
25:42Exactly.
25:43So, let me understand your business.
25:44Yes.
25:45You are a shapewear focused company.
25:46Right.
25:47You are not an innerwear company.
25:49Anubam,
25:50how we like to call ourselves
25:51is a foundational fashion brand.
25:53Shapewear is our wedge
25:54to enter into any category.
25:56If we launch a shapewear
25:57swimsuit,
25:58people are more likely
25:59to buy that
26:00rather than just us
26:01launching swimsuits.
26:02But a foundational fashion brand
26:03is very esoteric.
26:04First, you say
26:05I will take shorts
26:06but it makes your butt
26:07look good.
26:08So, it's shapewear.
26:09Yes.
26:10Would you do that?
26:11We are doing that.
26:12So, which other category?
26:13So, tummy tuckers,
26:14shapewear swimsuit,
26:15lingerie
26:16and body accessories.
26:18These are our next four categories
26:20planned as of now.
26:22How much will EBITDA this year?
26:23This year,
26:24we will burn around
26:2510 to 12%
26:26when we are projecting.
26:27So, the performance marketing
26:28spend has increased
26:29this time?
26:30Yes.
26:31How much has it been?
26:32In economics,
26:33around 39% is performance.
26:34And how many SKUs are now?
26:35We have around 15 products.
26:36But including sizes?
26:37So, that will be around
26:38200 SKUs.
26:39200?
26:40Yes.
26:41And how many dead stock
26:42has you assumed
26:43as a percentage?
26:44We don't have dead stock.
26:45Zero has assumed
26:46now.
26:47And how much is working capital
26:49in the inventory?
26:50Around 55 lakhs.
26:5155 lakhs on cost
26:53is your inventory.
26:54Yes.
26:55So, your inventory is
26:562-3 months?
26:57Yes, 2-3 months.
26:58What is your value?
26:59It's a good brand.
27:01Is it good?
27:02Is it better from you?
27:03No.
27:04No.
27:05Is it better?
27:06Yes.
27:07In the current stage,
27:08we will not get better.
27:09And this is Kusha brand?
27:10It's better.
27:11In what sense?
27:12Quality or product price?
27:13Quality wise.
27:14In terms of quality,
27:15our product is much better.
27:16Where are they?
27:17Where are they?
27:18They are also from China.
27:19So, you can buy the same product?
27:20Yes.
27:21But we were gone.
27:22We didn't feel good at that factory.
27:23We didn't have it.
27:24That is...
27:25Very good.
27:26That is total Gen Z.
27:27Tell us who you are.
27:28Who are your top 3 competitors?
27:30Underneath Curvy Us.
27:32Not Jockey?
27:33Why?
27:34The price point is different.
27:36They are mostly selling in 1,000 category.
27:39And it's not a Gen Z internet brand.
27:41They are legacy incumbents.
27:43We are not focused on them.
27:45Again?
27:46Tell us what I am at.
27:47Very good.
27:48Equity?
27:4964.5,
27:5025,
27:519.5,
27:52and 1% a D2C Accelerator.
27:55But you did not raise anything?
27:56No.
27:57Did you go and raise?
27:58Yes.
27:59So, we started fundraising this year.
28:01Now, our round is going.
28:02It's going to be 30 crore round.
28:04Post-money valuation.
28:05And you want to bring us in that round?
28:08Yes.
28:09But the valuation is different.
28:10Our ask is different.
28:11Negotiation.
28:12Good point.
28:13Again.
28:14It's a good point.
28:16Ragni, are you just testing that you have a focus group of different sizes of women?
28:22No, no.
28:23It's just with me.
28:24And...
28:25This is not the biggest market of women.
28:27Yes.
28:28So...
28:29It wouldn't be important that you go to them.
28:31And different sizes of women, different ages, different demographics of women testing.
28:36I mean, honestly, I don't know in the future, we would be needing data and research.
28:41But right now, I believe on real insights.
28:43So, do you think that you don't get real insights from focus groups?
28:45Only you get real insights?
28:46Yes.
28:47We don't have specific focus groups, but friends and families, office, team.
28:51Yes.
28:52I understand.
28:53How many people try our product typically?
28:54Yes.
28:55Around 10 to 15 people try our product.
28:58Yeah, shapewear, a category meant for healthier, heavier, curvier women.
29:03Absolutely.
29:04If you have to break a category in truth, you have to...
29:07Malayka around the heart is amazing, but if I were you, I would get a real brand ambassador
29:12who will sit in the office and go to meetings and wear it.
29:16And more curvy.
29:17And more curvy.
29:18Okay.
29:19Because people think that Malayka is the same.
29:22That is not true.
29:23In India, it doesn't work.
29:24In India, they want to see prettier women rather than...
29:26Yes.
29:27You're like a little bit...
29:28I agree with you.
29:29Relatability will not be with Malayka.
29:30Relatability will not be with Malayka.
29:31She's too fit.
29:32She's too fit.
29:33Sorry, Vinita.
29:34Sorry, just to...
29:35A pro founder.
29:36So, our TG is 18 to 34.
29:39Our older TG doesn't have.
29:41Yeah.
29:42She's not aspirational.
29:43That is why we constantly work with our older TG.
29:45We have over 100 million organic views on our Instagram collaborations.
29:47Wow.
29:48We have 50,000 followers.
29:49In fact, the content creation of this category...
29:52It starts with us.
29:53Two years ago, when we convinced people to make videos of our category.
29:57No one agrees with us.
29:58Today, the category is hot.
29:59It starts with us.
30:00Two years ago, when we convinced people to make videos of our category.
30:03No one agrees with us.
30:05No one agrees with us.
30:06Today, the category is hot.
30:07Today, the category is hot.
30:08Today, the category is hot.
30:09Today, the category is hot.
30:10Today, the category is hot.
30:11Today, the category is hot.
30:12The category is hot.
30:13Absolutely.
30:14The category is hot.
30:15Channel-wise split.
30:1695% is our own website.
30:1795% is website.
30:1895% is website.
30:19Very cool, guys.
30:20Seriously.
30:21Guys, I have a couple of questions.
30:22Can I answer the rest of the 5%?
30:245% is market places and 2 offline touch points at Broadway, Delhi and Broadway, Hyderabad.
30:29So, that makes 100% or 99% and there's 1% left that you want to explain to me.
30:33Yeah.
30:35100%.
30:36Someone's burning.
30:37Let's move on.
30:39I know a small business is your market places.
30:41Yes.
30:42But what is the rating?
30:45Yes, yes.
30:46So, on our own website, our average rating is 4.2.
30:49On Amazon, it's 3.6.
30:513.8.
30:53Why so low?
30:54Before we had never focused on market places, honestly.
30:57That is why our revenue was built there.
30:58We started to focus on market places last two months.
31:01We started to focus on market.
31:02You said when you pitched that we are always going to market for 6 months.
31:07But how do you feel about it?
31:09Because many people came to you later.
31:12They came to you very quickly.
31:14When we launched body suits last year,
31:17Karvi launched this year for 2 months.
31:18But your numbers say a different story.
31:20That is unbelievable because we have not brand awareness.
31:23We have always started marketing first.
31:25And funding.
31:26Exactly.
31:27Funding can be raised.
31:29Every penny that we were making,
31:31we had to make it profitable.
31:32You could have raised funding.
31:34That was an option you had.
31:35Right.
31:36So, now we have come to that growth mindset.
31:37Now we have figured out the basics.
31:38Before we figured out the basics.
31:39First, we figured out how to build our business.
31:41How to build our business in 3-4 years.
31:44How big is your business in 3-4 years?
31:47So, in 5 years, we aim to build revenue revenue in 5 years.
31:50Okay.
31:51And how will you get that?
31:52Omni channel.
31:53Omni channel means quick commerce?
31:54Quick commerce.
31:55We build body accesses specifically for quick commerce,
31:57which will be launched in 2-3 months.
31:59And we build market places for lower price points
32:02because our price competitive is very competitive.
32:04Okay.
32:05In addition to D2C,
32:06we have high-quality existing products.
32:08And retail.
32:09And retail.
32:10Guys, great meeting you.
32:11Thank you so much, guys.
32:12All the very best.
32:22Play a home shark,
32:23and win a great game.
32:24Analyze sharks like sharks,
32:26keep your stakes and predict.
32:28Download Sony Live app right now.
32:30Friends, founders are taking their own A-game
32:32and sharks are taking their own calculator.
32:34You can also take your attention.
32:36Welcome to Shark Tank India,
32:38co-presented by Canva and Oppo,
32:39co-powered by Lahori Zira,
32:41and Crunchyroll,
32:42and partners,
32:43Reson Solar,
32:44Fixderma,
32:45Payment Gateway,
32:46Wild Gold,
32:47and Jeeva.
33:00All right, guys.
33:01These fellows made a great presentation.
33:10Let's listen to the story.
33:12How many offers?
33:13I want to give an offer.
33:18Look at that big smile.
33:19My God.
33:20Keep smiling.
33:21Marwati's love money.
33:22Oh, no.
33:23The offer I'd like to give you is 1.2 cross for 3%,
33:27which was your prior round.
33:29Okay.
33:30Thank you, Namita,
33:31for your offer.
33:32We want to listen to the rest of the sharks.
33:34Your business instinct,
33:38actually,
33:40will not align with this burden.
33:43I'll tell you,
33:44there are structural problems
33:45from a P&L perspective in this business.
33:481 crore of 1,500 SQ.
33:51This means that
33:53all the time
33:55we have to keep inventory in working capital.
33:57I mean,
33:58you are thinking that we will make EBITDA
34:015%,
34:0210%,
34:03that's not a right matrix.
34:05The matrix should be packed
34:07because it's because of working capital
34:09our interest cost.
34:11So,
34:12to remove real cash from this,
34:14is quite difficult
34:15for that reason.
34:16Thank you, Vanila.
34:17I was very interested in your offer
34:19but I think
34:20your capital is already very diluted.
34:23If I were to come,
34:24I would know
34:25that I have to give a lot of time.
34:28And
34:29I don't think
34:30that I work for 3% or 2% equity.
34:33So, I think for that reason,
34:34I'm out.
34:35But I wish you all the very best.
34:36And I think you'll go very, very far.
34:38Thank you so much, Kanika.
34:39I didn't think
34:40that you
34:41would be able to build
34:42two girls here.
34:43But you've done a great job.
34:45You proved me wrong.
34:47Where I'm struggling is
34:48that you're
34:49at 1-2%
34:50is
34:51meaningless.
34:52and
34:53I don't know,
34:54given that you have a 4 crore bridge
34:55already,
34:56how much room there is.
34:57But I'm willing to take a punt.
35:00I'll make you an offer.
35:04But I need 5% here.
35:08At the very least.
35:09So, I'll give you 2 crores.
35:10The same valuation as 40 crores.
35:12If you are open to that.
35:14Amazing.
35:15So, my offer is 2 crores for 5%
35:17at 40 crore valuation.
35:19Nice.
35:22You know, the quality of products
35:24as people have told you.
35:25It looks good.
35:27Quality of founders
35:28very nice.
35:29Quality of pitch
35:31perfect.
35:32Quality of investors
35:33I doubt a bit.
35:35Oh my god.
35:37If they couldn't help you till now
35:39then you know
35:40you should have been already somewhere.
35:41My view
35:43Your capital is very
35:45hurt.
35:47That's why unfortunately
35:48I'll be out.
35:49Okay.
35:50You have 2 offers.
35:51You have Alupams and Namita's.
35:53Pick one.
35:56Can we give 2 crores a counter offer?
35:58Yes, please.
35:59My counter offer is
36:001.2 crore
36:01same ask
36:022.5% equity.
36:03In the value of 50 crores
36:05we both want.
36:09No, I want 40 crores
36:10because they are running
36:11so why should I pay more?
36:12I'll give 50 crores
36:14I'll give you
36:15I'll give you
36:16I'll give you
36:17I'll give you
36:18I'll give you
36:19no point.
36:20Point is,
36:21at 1 or 2%
36:22it makes no sense.
36:23Not just for me
36:24even for you.
36:25I'll give you 1%
36:26captive and
36:27what will do
36:28that's for sure.
36:29That's for sure.
36:31We want to keep the same valuation
36:33but again
36:34we have our counter offer
36:35that
36:361.2 crores
36:37at 3% equity
36:39but if you come
36:41without a seat at the table
36:47that I won't get 5%
36:48below 5%
36:49I don't want to be pulled around
36:52by
36:53those who are your VCs
36:55and angels
36:56so for that reason
36:57I won't do it.
36:58So you are out or in?
36:59No, my offer stands.
37:01His offer is at a 5%
37:03he will not come at below 5%
37:05so you have to choose one
37:06from both
37:07and honestly
37:08you can pick whoever
37:09you think will add more value.
37:11I won 3%
37:12he won 5%
37:14Bolo!
37:19Namita
37:201.2 crore
37:213% equity
37:22Deal Paki
37:23Deal Paki
37:26Well done!
37:27Well done!
37:28Outstanding!
37:29Thank you so much!
37:30Love the product!
37:31It was a lot of amazing experience
37:33because
37:34the hype of match-off
37:35and
37:36to face Sharks
37:37to face their whole model
37:38to get their feedback
37:39and then crack the deal
37:41and then crack the deal
37:42so the overall experience
37:43was a lot of amazing experience
37:44Before we go,
37:45we had to plan all Sharks deal
37:46a lot
37:47But I think
37:48female Sharks
37:49were the ones
37:50in our mind
37:51from the female perspective
37:52and the brand
37:53will get a push from the female perspective
37:54and then
37:55and then
37:56I'm sorry
37:57but I didn't like the designs
37:58I told you
37:59what was finishing
38:00so
38:01I had told you
38:02what was finishing
38:03so
38:04spend a little time
38:05on the material
38:06spend a little time
38:07on the finishing
38:08and a little bit more time
38:09on the financials
38:10and a little bit more time
38:11on the financials
38:12and a little bit more time
38:13on the financials
38:14but for today, I'm out
38:15Thank you, Namita
38:16Madhav, Ragini
38:17you started this industry
38:18in many ways
38:19you were the OGs
38:20but you are staying behind
38:21somewhere
38:22I suggest you go very hard
38:23raise the capital you can
38:24and do it
38:25I won't be able to join you in this
38:27but I cheerlead for you
38:28Good luck
38:29Thank you, Namita
38:30The core that you have made
38:41you are going very far from it
38:44You were a Gen Z focused company
38:46and your content was relatable
38:48You have to go for 50 year old women
38:50You have to bring the compression
38:53and shapewear
38:54incredible growth
38:56Now you have to do swimwear
38:58such fashion categories
39:00where many brands are dead
39:02because it's very fashion first
39:04So, this is the competition
39:06the panic of the business
39:08that you are going to lose
39:10from profitability
39:11or from 20-40% of marketing
39:13that is very dangerous
39:15for that reason I'm out
39:16Thank you, Namita
39:17Thank you, Namita
39:19To design products
39:20and manufacture products
39:22and sell in India
39:23you are not marketing
39:24Okay
39:25I am very
39:27driven towards investing
39:29in made in India products
39:31Second thing
39:33you have no focus group
39:34You are taking decisions
39:36in 15-20 people's opinion
39:38and I think for these reasons
39:40I am out
39:41No, I am not
39:42Thank you, Namita
39:43No, I am not
39:45I am not
39:46I am not
39:47I am not
39:48I am very good
39:49because
39:50what you have done
39:51you have done
39:52you have done
39:53you have done
39:54in 15 years
39:55I did not know
39:56how to do
39:57and I have done
39:58many mistakes
39:59and
40:00you have come
40:01you have come
40:02but
40:03you have not come
40:04you have come
40:05you have come
40:06so I would give you an offer
40:08so that you don't make
40:09the same mistakes
40:10so I will give you
40:132 crores
40:15for 20%
40:18or
40:19or
40:20or
40:21or
40:22or
40:23or
40:24or
40:25if you don't want to give so much
40:26if you don't give so much
40:27if you don't give so much
40:28then 1 crore for 10%
40:291 crore for 10%
40:35I need money
40:36to run ahead
40:37money
40:38and help
40:41decide
40:42what to do
40:45Aman, thank you for your offer
40:47very generous
40:48our countered offer
40:49we would want you
40:51to join our 30 crore round
40:54so 2 crores
40:55at a 30 crore valuation
40:57which is roughly
40:586%
40:59over
41:04I was like
41:05to know
41:06that you are doing
41:07wrong
41:08you are doing
41:09that now
41:10you are not raising
41:11that round
41:12you can raise
41:13that 30 crore valuation
41:14it will be a problem
41:15and who are taking
41:16who are taking
41:17who are taking
41:18who are taking
41:19who are taking
41:20who are taking
41:21who are taking
41:22so many
41:23I am helping
41:24if you don't have
41:25that help
41:26I don't have any problem
41:27you know
41:28I will wish you well
41:29let's do
41:301 crore 5%
41:33no bro
41:34I don't want to do it
41:36I want more skin
41:37in the game
41:38can you give me a better offer
41:39or should I give you a better offer
41:402 crore 10%
41:41no
41:42you need someone
41:43to take that valuation
41:44to a billion dollars
41:45no
41:46you don't have that in you
41:47right now
41:48if I were you
41:49I would really really take this
41:50ice toast
41:51you are at 2 crore 10%
41:52I am at 2 crore 20%
41:53I would do it 2 crore 15%
41:54for you guys
41:55it's a good offer guys
41:56you are at 2 crore 10%
41:57you are at 2 crore 10%
41:58I am at 2 crore 20%
41:59I would do it 2 crore 15%
42:00I would do it 2 crore 15%
42:01I would do it 2 crore 15%
42:02for you guys
42:06it's a good offer guys
42:07it's a good offer guys
42:12yes we are doing it
42:13deal fucking
42:14very good guys
42:15good stuff
42:16so happy for you
42:18and this is what we are talking about
42:19making India
42:20when we started
42:21so making India
42:22was not going to happen
42:23yes
42:24then we have to find
42:25and we have to find
42:26and we have to find ourselves
42:27if we find factories
42:28we will find ourselves
42:29we will find ourselves
42:30after a scale
42:31and we will also
42:32I am a very big coordinator
42:33of making India
42:34and I will make it happen
42:35yes
42:37I feel very good to sit on founders
42:40and those founders
42:41if I have guided them
42:43they can do anything
42:44I would say
42:45they were the underdogs
42:46in this industry
42:47and that's why I made the offer
42:48because I can see them
42:49build big companies
42:50with my help
42:51and I want to help people
42:52who need help
42:53and they needed help
43:04friends, welcome to the OPPO
43:05make your moment zone
43:06my and OPPO's philosophy
43:07is simple
43:08be yourself
43:09and live every moment
43:10in the whole way
43:11with me
43:12now
43:13have come out
43:15we have come out
43:16from the OPPO's founders
43:17Yesh and Anand
43:18first of all
43:19congratulations
43:20thank you
43:21how are you feeling
43:22very good
43:23it feels good
43:24it feels good
43:25it feels good
43:26it feels good
43:27you were in the match-off
43:28some people
43:30it feels good
43:31you felt like
43:32you had to have a
43:34she all would get
43:35smoothly
43:36it feels good
43:37it feels good
43:38we thought
43:39it was chaotic
43:40in the past
43:41many questions
43:42many answers
43:44but
43:45slowly
43:46they made it
43:48it was useful
43:49There are many different instances, we want to know about that instance
43:53when you think this is our moment.
43:55After that, all things will grow.
43:57We will tell you about that moment.
43:59So this January, when we started to grow our business,
44:03we came to Amazon, like the platform,
44:06we started a lot of commerce, new products,
44:08and we got a lot of customers' love.
44:10Then we thought that we are probably on the right track.
44:13What the truth is.
44:14Your story was very inspiring.
44:15Your pitch was very inspiring.
44:17As many young entrepreneurs are watching,
44:19if you want to give them an authentic tip,
44:23what advice would you like?
44:24Look at this,
44:26and you don't need to listen to anyone.
44:28You will do great when you think that you have reached there.
44:31What the truth is.
44:32A lot of friends.
44:33They have received funding.
44:34Now, these people are struggling
44:36to put that funding in their business.
44:38We will give them a chance here.
44:40But first of all,
44:41I would like to take a photo of my OPPO Reno 15.
44:44With OPPO Reno 15,
44:45its high quality camera is recorded in 4K.
44:47It is also on 60fps.
44:49So for this moment,
44:51OPPO Reno 15 can't be good.
44:53Are you guys ready?
44:54Yes. Let's go.
45:02Guys, welcome to the daily Canva report.
45:03Canva report.
45:04In the tank,
45:05it looks like numbers,
45:06the tennis players are playing.
45:07It looks like a lot.
45:08But chill.
45:09No doubt.
45:10No doubt.
45:11We have created a crystal clear report.
45:13With all the action,
45:15deals and details,
45:16crystal clear.
45:17We will see Shark Tank India.
45:18What has happened until now?
45:34That was the daily Canva report.
45:37We make bangles in Tasha Craft.
45:41This can be customized with your outfit.
45:44This is so cute.
45:45Now,
45:46you can take our children's name too.
45:49Tasha Craft,
45:50Gama Nishakti,
45:51Pramanche.
45:53We didn't have any idea here,
45:55sitting here,
45:56sitting here,
45:57in Kusamba,
45:58like the city,
45:59you have made 4 crore money
46:00by employing 120 local women.
46:03That's amazing.
46:08This is the next chapter.
46:09Calisthenics.
46:10So,
46:11are you ready for admission in our school?
46:12Aman,
46:13you have learned what I learned in Calisthenics.
46:14Come on, go.
46:15Go ahead.
46:16Anupab.
46:17Anupab.
46:18Anupab.
46:19Anupab.
46:20Anupab.
46:21Anupab.
46:22Anupab.
46:23Super.
46:24Super.
46:25Super.
46:26Super.
46:27Surprise package.
46:28You're welcome.
46:29Let's go.
46:30Let's go.
46:31Let's go.
46:32Let's go.
46:33Let's go.
46:34Let's go.
46:35Let's go.
46:36Let's go.
46:37Surprise package of the year.
46:48You've heard the lyrics, music, voice, composition,
46:53everything AI generated.
46:56We are a creator-first music creation platform.
46:59Fantastic.
47:00I don't understand what I'm saying
47:01is AI good or bad.
47:03This will be a big music director and producers.
47:08Shats,
47:09you have a coffee coffee.
47:10Oh, yes.
47:11Oh, jai.
47:12But in filter coffee, there's black coffee.
47:13Yes.
47:14We call it tamiliano.
47:15Tamiliano?
47:16Americano?
47:17Americano?
47:18Americano.
47:19You've never heard this.
47:20Tamiliano.
47:21Even this cappuccino,
47:22you've made a cappuccino.
47:23You've made it.
47:24Nice creativity.
47:26We're making top quality,
47:28clean, sweet,
47:29chicken sauce.
47:30What is this?
47:31It's not in others.
47:32What is this?
47:33It's not in others.
47:34What is this?
47:35What do we need to make a big business?
47:37We need that capital.
47:38And hopefully today,
47:39I'll take it from you.
47:40Maybe the key don't go.
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