Archive · 26 Jan 2026
Pistabarfi Founders Reject Shark Deal
Two brothers, Harshit and Tanay Agarwal, appeared on Shark Tank India 5 to pitch their mithai brand, Pistabarfi.
They received praise from all the Sharks, but Varun Alagh offered a deal with a condition: Harshit had to quit film production to focus full-time on the brand.
The founders refused, valuing their authenticity and vision over the deal.
Despite not getting the investment, their business saw a significant boost in sales and exposure after the episode aired.
They believe having a spine and staying true to their purpose is more important than getting the deal.
Pistabarfi founders Harshit and Tanay Agarwal appeared on Shark Tank India 5.
They received praise but walked out without a deal due to a condition from Varun Alagh.
Varun Alagh demanded Harshit quit film production to focus on the brand, which they refused.
The founders believe having a spine and staying authentic is more important than the deal.
Despite no deal, Pistabarfi's sales grew 2x, and they made one month's revenue in 1-2 days post-episode.
- Who
- Harshit Agarwal and Tanay Agarwal, co-founders of Pistabarfi
- What
- Rejected a deal on Shark Tank India 5 due to a condition
- When
- During Shark Tank India 5
- Where
- Shark Tank India set, aired on Sony TV and SonyLiv
- Why
- Harshit refused to quit film production as demanded by Varun Alagh
- Brand Name
- Pistabarfi
- Founders
- Harshit Agarwal, Tanay Agarwal
- Shark Tank India Season
- 5
- Revenue Impact
- 2x growth, one month's revenue in 1-2 days
- Key Shark
- Varun Alagh
- Condition Rejected
- Harshit quitting film production
- Show Timing
- Monday to Friday at 10 pm on Sony TV and SonyLiv