Pallavi secures Rs 2 Crores for BhavisyaPlast

timesofindia.indiatimes.com

In the latest episode of Shark Tank India 4, Pallavi Luharuka, founder of BhavisyaPlast, impressed the Sharks with her bioplastics pitch. She sought Rs 50 lakh for 1.5% equity, highlighting her innovative use of broken rice for bioplastics. The Sharks, including Namita Thapar and Anupam Mittal, were captivated by Pallavi's credentials and backstory. A bidding war ensued, with offers ranging from Rs 50 lakh to Rs 1 Crore for varying equity stakes. Ultimately, Pallavi secured Rs 2 Crores for 10% equity from Namita, Anupam, Chirag, and Aman after intense negotiations, marking a significant deal for her brand.


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