7 months ago

Namita Thapar Calls Bonkers Corner Deal Most Meaningful

Namita Thapar Calls Bonkers Corner Deal Most Meaningful
Namita Thapar calls Bonkers Corner her most meaningful deal on Shark Tank India 5: ‘Journeys like these deserve to be seen’ · indianexpress.com

Namita Thapar, a shark on Shark Tank India, made her most meaningful deal this year by investing in Bonkers Corner, a streetwear brand.

The founder, Shubham Gupta, impressed her with his story of overcoming adversity and his brand's strong growth.

Shubham accepted Namita's offer immediately, which was a first in the show's history.

Bonkers Corner is expected to make ₹180 crore in sales next year with a 20% profit margin.

Namita is also focused on helping Shubham improve his health and expand the brand offline and technologically.

Key facts

Founder
Shubham Gupta
Brand
Bonkers Corner
Investor
Namita Thapar
Valuation
₹300 crore
Expected Sales (FY26)
₹180 crore
EBITDA Margin
20%
Current Revenue
₹100 crore annually
Shubham's Weight
47 kilograms

Quotes

Namita Thapar

Investor on Shark Tank India and Executive Director of Emcure Pharmaceuticals

“First time in the history of Shark Tank India, a founder has accepted an offer without hearing offers from other sharks. That’s Shubham Gupta for you — a unique founder and truly my number one deal of Season 5.”
indianexpress.com
“I’m not asking for royalty today because I want to make it too good for him to refuse.”
indianexpress.com

Aman Gupta

Investor on Shark Tank India

“I will give an offer and you will listen to other offers. Then I will say I don’t want to negotiate. We will waste a lot of time doing this. Tell me what I should do?”
indianexpress.com

Sources

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