7 months ago
Shark Tank India Bidding Wars
On Shark Tank India Season 5, two startups, Gully Labs and Cosmo Health, impressed the judges and started big competitions among them to invest.
Gully Labs is a local shoe brand that makes handmade sneakers perfect for both modern street style and traditional Indian dance.
The founders asked for Rs 1 crore in exchange for 0.5% of their company, which values their company at Rs 200 crore.
After some exciting discussions, Aman Gupta made a solo deal of Rs 1 crore for 0.57% equity.
Cosmo Health offers a special app for people living in gated communities.
This app helps them quickly get an ambulance, talk to doctors, book lab tests, and order medicines.
The founders asked for Rs 1 crore in exchange for 4% of their company, which values their company at Rs 25 crore.
The sharks made different offers, and after some exciting discussions, the founders chose Anupam Mittal, Kanika Tekriwal, and Kunal Bahl for a deal of Rs 1 crore for 9% equity.
It was a fun and intense moment on the show!
Gully Labs, a local shoe brand, pitched on Shark Tank India Season 5, sparking a bidding war among the sharks.
The startup offers handmade sneakers for modern street style and traditional Indian dance, with a valuation of Rs 200 crore.
Founders asked for Rs 1 crore for 0.5% equity, with Aman Gupta ultimately securing a solo deal of Rs 1 crore for 0.57% equity.
Cosmo Health, a healthcare startup, pitched on Shark Tank India Season 5, sparking a bidding war among the sharks.
The startup offers an app for gated communities to access ambulance services, doctor consultations, lab tests, and medicine orders.
- Who
- Gully Labs founders: Arjun Singh, Animesh Mishra; Cosmo Health founders: Dr. Shivansh Bhalla, Himanshu Mewara, Atul Jain
- What
- Two startups pitched on Shark Tank India Season 5, sparking bidding wars among the sharks.
- Where
- Shark Tank India Season 5 episode
- When
- January 24, 2026
- Why
- To secure investment for expanding their businesses
Gully Labs
Cosmo Health
Startup Focus
Gully Labs
Gully Labs is a local shoe brand specializing in handmade sneakers for modern street style and traditional Indian dance.
Cosmo Health
Cosmo Health is a healthcare startup offering an app for gated communities to access ambulance services, doctor consultations, lab tests, and medicine orders.
Investment Ask
Gully Labs
Gully Labs asked for Rs 1 crore for 0.5% equity, valuing the company at Rs 200 crore.
Cosmo Health
Cosmo Health asked for Rs 1 crore for 4% equity, valuing the company at Rs 25 crore.
Deal Outcome
Gully Labs
Aman Gupta secured a solo deal of Rs 1 crore for 0.57% equity, valuing Gully Labs at Rs 175 crore.
Cosmo Health
Anupam Mittal, Kanika Tekriwal, and Kunal Bahl secured a deal of Rs 1 crore for 9% equity.
Key facts
- Startup Name
- Gully Labs
- Founders
- Arjun Singh, Animesh Mishra
- Asked Investment
- Rs 1 crore for 0.5% equity
- Valuation
- Rs 200 crore
- Operating Location
- Noida workshop, New Delhi store
- Sharks Involved
- Aman Gupta, Kunal Bahl, Anupam Mittal, Kanika Tekriwal, Mohit Jain, Aman Gupta
- Final Deal
- Rs 1 crore for 0.57% equity with Aman Gupta
- Startup Name
- Cosmo Health
- Founders
- Dr. Shivansh Bhalla, Himanshu Mewara, Atul Jain
- Asked Investment
- Rs 1 crore for 4% equity
- Valuation
- Rs 25 crore
- Operating Cities
- Ludhiana, Hyderabad
- Subscription Fee
- Rs 99 to Rs 299 per family
- Sharks Involved
- Kunal Bahl, Anupam Mittal, Kanika Tekriwal, Mohit Jain, Aman Gupta
- Final Deal
- Rs 1 crore for 9% equity with Anupam, Kanika, and Kunal
Quotes
Aman Gupta
Co-founder and CMO of boAt, a consumer electronics brand
“Wait a second. Please don’t make decisions for me. I’m not joining you guys. I’m fine on my own.”
financialexpress.com
Sources
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