Pitch & term sheet
Shark Tank India Season 2 · Episode 6 · Aired 9 Jan 2023 · Pitch #16
PitchedUnsweetened herbal iced tea drinks
TeaFit makes no-sugar iced teas flavoured with herbs. After four competing offers, Aman Gupta, Peyush Bansal, Vineeta Singh and Anupam Mittal came together for a joint deal at the founder's counter.
Founders' ask
₹50 L
for 3% equity
Deal accepted on air
₹50 L
₹50 L for 8%
Implied valuation
₹6.25 Cr
Deal terms (ask implied ₹16.67 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
- Revised
1.Vineeta Singh & Anupam Mittal
₹50 L for 25%
- Revised
₹50 L for 20%
- Revised
₹50 L for 10%
- Accepted on air
4.Aman Gupta, Peyush Bansal, Vineeta Singh & Anupam Mittal
₹50 L for 8%
After the show
We have not found a reliable published report on whether this investment closed after filming.
Company timeline
9 Jan 2023
Pitched on Shark Tank India Season 2, episode 6
Rs 50 lakh for 8% from four sharks.
Founders & leadership
Jyoti Bharadwaj
Founder
Sources
- 1.How TeaFit raised a collective investment from all 4 sharks, startup valued at Rs 6.25 cr
Indian Retailer · Published 10 Jan 2023 · Accessed 21 Oct 2026
- 2.How Shark Tank India gave startup brand TeaFit its biggest marketing lift
Storyboard18 · Published 20 Jan 2023 · Accessed 21 Oct 2026
- 3.Shark Tank India Season 2 Episode 6 Recap and Review
LeisureByte · Published 10 Jan 2023 · Accessed 21 Oct 2026Recap blog / aggregator
- 4.Shark Tank India Season 2: All deals that led sharks to join forces with each other till now
LeisureByte · Published 26 Jan 2023 · Accessed 21 Oct 2026Recap blog / aggregator
- 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.