Archive · 15 Jan 2026
Shark Tank India Pitcher Faces Criticism
A man named Pujan Kachadiya from Gujarat brought his peanut butter brand, MYPB, to Shark Tank India.
He wanted Rs 70 lakhs for 10% of his company.
The judges liked his honesty but had some concerns.
One judge, Viraj Bahl, thought the product wasn't unique and that Pujan was making some mistakes.
Another judge, Namita Thapar, was interested.
In the end, three judges—Namita, Vineeta Singh, and Varun—made a deal with Pujan for Rs 70 lakhs for 15% of his company.
Pujan's brand sells peanut butter in powder form, which he claims is healthier.
He started the business with his brother during the lockdown and has seen growing sales.
Pujan Kachadiya pitched his peanut butter brand, MYPB, on Shark Tank India season 5, asking for Rs 70 lakhs for 10% equity.
Viraj Bahl criticized the product, stating it wasn't unique and that Pujan was making misleading claims.
Namita Thapar, Vineeta Singh, and Varun Dhawan made a joint offer of Rs 70 lakhs for 15% equity.
Pujan's brand, MYPB, sells peanut butter in powder form, inspired by an American brand, and claims to be healthier.
The company has seen growing sales, with Rs 81 lakhs in sales in 2024 and an 8% positive EBITDA for the past four months.
- Who
- Pujan Kachadiya, founder of MYPB
- What
- Pitch for investment in Shark Tank India
- When
- During Shark Tank India season 5
- Where
- Shark Tank India set
- Why
- To secure Rs 70 lakhs for 10% equity
- Founder
- Pujan Kachadiya
- Brand
- MYPB
- Ask Amount
- Rs 70 lakhs
- Equity Offered
- 10%
- Valuation
- Rs 7 crores
- Sales 2023
- Rs 5.5 lakhs
- Sales 2024
- Rs 81 lakhs
- Total Investment
- Rs 1 crore
- EBITDA
- 8% positive for past 4 months