Anupam Mittal slams health brand Zoe for ‘cheating’ customers

Share via:

The latest episode of Shark Tank India 2 begins with Karan Jindal and Taniya Dhirasaria introducing their holistic health and wellness brand Zoe, which offers a variety of services such as personalised health plans and expert interaction. They are proud of their large customer base. They describe how their brand came to be. Their asking price is Rs 75 lakh for 5% equity. Sharks sample their wares. The founders surprise the sharks by revealing that their revenue has dropped from Rs 10 crore to Rs 3 crore. It forced them to reduce their team from 40 to just a few members. They say it was because they had back-to-back babies.

Aman Gupta questions their relaxed demeanour. “I hate you for abandoning this kid (business),” he adds. He declines. Amit Jain is also not convinced. Namita Thapar believes that fresh juice is preferable to packaged juice. Anupam Mittal believes their diet and brand in general are ineffective. He continues, “You understand that jo aap kar rahe ho main usko paap maanta hun. You’re giving me a detox diet, but you’re also putting sugar and carbohydrates in my body, which makes me hungry. In my opinion, it is not business, but rather cheating.” Peyush Bansal advises them to learn from their mistakes. They make no investments in the brand.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Anupam Mittal slams health brand Zoe for ‘cheating’ customers

The latest episode of Shark Tank India 2 begins with Karan Jindal and Taniya Dhirasaria introducing their holistic health and wellness brand Zoe, which offers a variety of services such as personalised health plans and expert interaction. They are proud of their large customer base. They describe how their brand came to be. Their asking price is Rs 75 lakh for 5% equity. Sharks sample their wares. The founders surprise the sharks by revealing that their revenue has dropped from Rs 10 crore to Rs 3 crore. It forced them to reduce their team from 40 to just a few members. They say it was because they had back-to-back babies.

Aman Gupta questions their relaxed demeanour. “I hate you for abandoning this kid (business),” he adds. He declines. Amit Jain is also not convinced. Namita Thapar believes that fresh juice is preferable to packaged juice. Anupam Mittal believes their diet and brand in general are ineffective. He continues, “You understand that jo aap kar rahe ho main usko paap maanta hun. You’re giving me a detox diet, but you’re also putting sugar and carbohydrates in my body, which makes me hungry. In my opinion, it is not business, but rather cheating.” Peyush Bansal advises them to learn from their mistakes. They make no investments in the brand.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at [email protected]

More like this

Cult Unveils ‘Fit Creator Accelerator’ Campaign to Cultivate Fitness...

News Update ByStartupStory     |    March 2, 2024 Cult, has...

Info Edge, Matrimony Cofounders Cry Foul After Google Delists...

SUMMARY Info Edge's cofounder, Sanjeev Bikhchandani, revealed on March...

Indian Startup Funding — Indian Startups Raised $381 Mn...

Date Name Sector Subsector Business Model Funding Round Size Funding Round Type Investors Lead Investor 27 Feb...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!