Skip to content
Independent startup discovery · Not affiliated with Shark Tank India or Sony
PitchBase Global
Menu
Fashion & ApparelSeason 1 · Episode 4Partially verified

Bummer

Comfort-first men's underwear

Indian men's underwear brand selling trunks and vests in modal and cotton fabrics through its own online store.

FoundersSulay Lavsi

Pitch & term sheet

Shark Tank India Season 1 · Episode 4 · Aired 23 Dec 2021 · Pitch #12

DealClosing not reported

PitchedUnderwear

Bummer pitched its underwear brand and took a two-shark deal for 7.5% equity, nearly double the stake it had offered.

Founders' ask

₹75 L

for 4% equity

Deal accepted on air

₹75 L

₹75 L for 7.5%

Implied valuation

₹10 Cr

Deal terms (ask implied ₹18.75 Cr)

Implied valuation is calculated by PitchBase Global as cash ÷ equity share and excludes debt. An offer accepted on television is subject to due diligence and may change or not close.

Documented offers

  1. 1.Aman Gupta & Namita Thapar

    ₹75 L for 7.5%

    Accepted on air

After the show

Closing not reported

We have not found a reliable published report on whether this investment closed after filming.

Partially verifiedLast checked 20 Oct 2026

Products & where to buy

Founders & leadership

Sources

  1. 1.
    The Shark Tank India Effect: A Year On

    Entrepreneur India · Published 27 Sept 2022 · Accessed 20 Oct 2026

  2. 2.
    Analyzing 5 intriguing Shark Tank India deals (series 2)

    Century Financial Consultancy · Published 25 Jan 2022 · Accessed 20 Oct 2026Recap blog / aggregator

  3. 3.
    Bummer official website

    Bummer · Accessed 20 Oct 2026

  4. 4.
    Swimming with the sharks

    Add to Cart Weekly · Published 3 Oct 2022 · Accessed 20 Oct 2026Recap blog / aggregator

  5. 5.
    Shark Tank India season 1

    Wikipedia · Accessed 20 Oct 2026Encyclopedia (lead only)

Spotted something wrong?

Corrections with a source link are reviewed and applied to the dataset.

Report an error