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Software, Apps & PlatformsMedia & EntertainmentSeason 2 · Episode 40Partially verified

Hood

Pseudonymous social network

Gurugram-based pseudonymous social networking app (formerly Zorro) where users discuss topics in interest groups without revealing their identity.

FoundersAbhishek Asthana, Deepak Kumar & Jasveer Singh

Pitch & term sheet

Shark Tank India Season 2 · Episode 40 · Aired 24 Feb 2023 · Pitch #127

DealClosing not reported

PitchedPseudonymous social network app

Hood asked for a Rs 600 crore valuation. Aman Gupta and Peyush Bansal offered half equity at a much lower valuation and half as debt, which the founders accepted.

Founders' ask

₹1.2 Cr

for 0.2% equity

Deal accepted on air

₹60 L

₹60 L for 0.54% + ₹60 L debt at 12%

Implied valuation

₹111.11 Cr

Deal terms (ask implied ₹600 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

  1. 1.Aman Gupta & Peyush Bansal

    ₹60 L for 0.54% + ₹60 L debt at 12%

    Accepted on air

After the show

Closing not reported

Business Today (June 2023) reported the deal was still being negotiated and not yet finalised.

VerifiedLast checked 21 Oct 2026

Company timeline

  1. 2021

    Company founded

  2. 24 Feb 2023

    Pitched on Shark Tank India Season 2, episode 40

Founders & leadership

Sources

  1. 1.
    Featured on Shark Tank, sought Rs 600 crore valuation. But where is Hood app now?

    Business Today · Published 22 Jun 2023 · Accessed 21 Oct 2026

  2. 2.
    Hood, a pseudonymous social network raises 1.2 crore funding in Shark Tank

    Adgully · Published 25 Feb 2023 · Accessed 21 Oct 2026

  3. 3.
    Hood has raised INR 60 lacs from Shark Tank India 2.0

    Wext · Published 27 Feb 2023 · Accessed 21 Oct 2026Recap blog / aggregator

  4. 4.
    Hood Shark Tank India Season 2 Episode 40

    Shark Tank India In Hindi · Published 24 Feb 2023 · Accessed 21 Oct 2026Recap blog / aggregator

  5. 5.
    Hood Shark Tank India: ₹1.2 Crore Deal for Pseudonymous Social Network

    Shark Tank House · Published 23 Feb 2023 · Accessed 21 Oct 2026Recap blog / aggregator

  6. 6.
    Shark Tank India season 2

    Wikipedia · Accessed 21 Oct 2026Encyclopedia (lead only)

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