GROWiT
Protective farming products
Surat-based agri-input company (part of Alpha Plastomers) selling mulch films, crop covers, shade nets and other protective-farming products.
FoundersAkshay Agarwal & Saurabh Agarwal
Pitch & term sheet
Shark Tank India Season 2 · Episode 40 · Aired 24 Feb 2023 · Pitch #129
PitchedProtective farming products (mulch film, crop covers)
GROWiT pitched plastic mulch films and crop-protection products. Namita Thapar offered at the last-round valuation and Peyush Bansal joined her; the founders accepted half equity, half debt.
Founders' ask
₹1 Cr
for 1% equity
Deal accepted on air
₹50 L
₹50 L for 1% + ₹50 L debt at 10%
Implied valuation
₹50 Cr
Deal terms (ask implied ₹100 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.
Sharks on the panel
Documented offers
- Revised
₹50 L for 1% + ₹50 L debt at 10%
- Accepted on air
2.Namita Thapar & Peyush Bansal
₹50 L for 1% + ₹50 L debt at 10%
After the show
We have not found a reliable published report on whether this investment closed after filming.
Company timeline
24 Feb 2023
Pitched on Shark Tank India Season 2, episode 40
Founders & leadership
Akshay Agarwal
Co-founder & Technical Director
Saurabh Agarwal
Co-founder & CEO
Sources
- 1.GrowiT (Saurabh Aggarwal) on Shark Tank India Update
Fulmino Fan · Published 27 Feb 2023 · Accessed 21 Oct 2026Recap blog / aggregator
- 2.GROWiT Has Raised INR 50 Lakhs From Shark Tank 2.0
Wext · Published 1 Mar 2023 · Accessed 21 Oct 2026Recap blog / aggregator
- 3.Grow It Shark Tank India Season 2 Episode 40
Shark Tank India In Hindi · Published 24 Feb 2023 · Accessed 21 Oct 2026Recap blog / aggregator
- 4.GROWiT official website
GROWiT · Accessed 21 Oct 2026
- 5.Shark Tank India season 2
Wikipedia · Accessed 21 Oct 2026Encyclopedia (lead only)
Spotted something wrong?
Corrections with a source link are reviewed and applied to the dataset.