January 17: Sony Entertainment Television’s Indian adaptation of the world’s no1 business reality show – Shark Tank, had Sahil Pruthi, Keto India founder, on the show recently. Sahil Pruthi is the CEO and brand representative of Keto India and Livofy, an organization that stands by the belief to make everyone achieve a healthy lifestyle. The prime aim of the organization is to create a personalized and integrative patient engagement platform for chronic care management that helps people manage their chronic issues like Type 2 Diabetes, PCOS, Thyroid, Cancer, Weight Gain through highly integrative care solutions. Know it from the man himself on how his experience of the show panned out and why he had to say no to the highest offer presented in Shark Tank India.
“Before the term “entrepreneur” existed in my vocabulary, I worked with Innovaccer, Traveltriangle, Samsung and Kronos Inc. as a product manager in the former two and a developer in the latter two. Then, I became an entrepreneur by chance and had always wished to be a part of Shark Tank. I would see hundreds of entrepreneurs from around the globe pitch their companies’ concepts to a panel of investors and persuade them to invest money in their idea and compete on the classic reality show. I got an opportunity to pitch my health brands Keto India and Livofy when Shark Tank arrived in our area of the world,” says Sahil.
“Being a Shark Tank India contestant feels like my organization, and I have finally gotten the validation of being a successful startup. By accepting the offer of 1.6 crores and collaboration with the Sharks, the charismatic leaders of the start-up business, would have earned me national prominence and increased our brand’s awareness among people. I also understand that it is the highest offer on Shark Tank India so far, with four of the five sharks offering us capital; however, my motive is to break the prejudice people carry of healthy diets and ensure everyone gets how important personalised nutrition is. For the same, I need to expand my business to an exponential level, for which this investment and company valuation would not have sufficed,” quoted Sahil.
“Joining my strong vision of making a huge difference in society, Sharks Namita Thapar of Emcure, Aman Gupta of boAT, Peyush Bansal of Lenskart, and Ashneer Grover of BharatPe offered to invest 1.6 crores in Keto India. What a moment that was! So many emotions came gushing down. I was nervous, proud, confused, excited, everything at the same time.
But, I didn’t take the offer because the equity asked was higher than what I had in mind to dilute, and the capital, I felt, would not have been enough to scale the company fast. The step was what’s best for my company and what it stands by. It was nothing negative, in fact, it truly reflects our beliefs to make nutrition easier and helpful.”
Sahil added, “I believe that the biggest learning from the entire process is that I may have done a lot of things well; there are still so many more things to do, so many things to achieve that even if there is a backlash of any kind, it’s natural and acceptable. I went to the show saying I needed mentorship and exposure more than anything else, and I achieved that. I want to thank the sharks again for putting the trust and belief in my entrepreneurial skills. This was definitely an experience of a lifetime!”
For more information, visit the websites
12 thoughts on “Expansion Over Investment? Know Why Sahil Pruthi Could Not Accept Shark Tanks Highest Offer Of 1.6 Crores”
452290 861675some truly interesting info , properly written and broadly speaking user genial . 153592
20508 268669I genuinely treasure your piece of work, Fantastic post. 394132
472991 188250Actually your creative writing abilities has encouraged me to get my own website now. Really the blogging is spreading its wings fast. Your write up is a great example of it. 688048
993592 780309Cheapest player speeches and toasts, or possibly toasts. continue to be brought about real estate . during evening reception tend to be likely to just be comic, witty and therefore instructive as effectively. best man speeches totally free 575424
278279 936645Thank you for your info and respond to you. bad credit auto loans hawaii 45321
977875 798106Intriguing post. Positive that Ill come back here. Excellent function. 606035
399451 858082Hello. fantastic job. I did not expect this. This really is a splendid story. Thanks! You created certain fine points there. I did a search on the subject matter and discovered the majority of folks will have exactly the same opinion together with your blog. 775225
180689 924934for however an additional wonderful informative post, Im a loyal reader to this weblog and I cant stress enough how a lot valuable information Ive learned from reading your content material. I truly appreciate all of the hard work you put into this great blog. 698790
595948 537209I saw two other comparable posts although yours was the most beneficial so a whole lot 119330
290507 901Id require to verify with you here. Which is not one thing I normally do! I take pleasure in reading a submit that will make individuals believe. Furthermore, thanks for permitting me to remark! 332227
613603 219838I recognize there is a superb deal of spam on this site. Do you require aid cleaning them up? I may support in between courses! 501741
468303 846108The posh distributed could be described as distinctive; customers are really yearning for bags is actually a Native aspirations. Which strange surroundings is built that is to market diversity furthermore importance with travel and leisure market trends. hotels unique offers 611806