Shark Tank India 4: 79-year-old pitcher reveals starting his career in 1972; Aman Gupta says 'Uss time Ritesh paida hone hi waale the'

A 79-year-old founder pitched his auto manufacturing company, MK, on the most recent episode of Shark Tank India, which is now in its fourth season. He was joined by his co-founder, the son of an old acquaintance. They requested Rs 3.5 crore in exchange for 5% stock, which valued their company at Rs 70 crore. They stated that they haven't sold any units yet, but want to build roughly 100 per month. Bhupen, the founder, stated that he aims to grow MK into a Rs 200 crore-plus company capable of competing with larger competitors like Bajaj. He also informed the panel of 'sharks' that he had been watching the show for years and that his wife encouraged him to pitch his brand by encouraging him to be inspired by the young women on the show.
All of the 'sharks' were amazed by Bhupen's determination, despite his age. Aman Gupta was thrilled when Bhupen told him that his wife admired him very much. However, Aman was the first to bail out of the contract, citing a lack of knowledge in the auto business. Bhupen stated that he began his profession in 1972 and eventually worked for the late politician George Fernandes. He stated that he had always wanted to start his own automobile firm and had answers to every question presented by the 'sharks'. Namita Thapar enquired about how he would compete in a market dominated by Bajaj and others, to which Bhupen responded that his vehicles are more powerful and less expensive.
He stated that all manufacturers acquire parts from the same suppliers and that he eventually plans to construct his own production facility. Bhupen's spouse stated that he studied in the United States, where he earned his PhD, and then acquired a post-doctorate fellowship in Tokyo in 1991. Aman laughed, "Uss time Ritesh paida hone hi waale the," referring to his fellow 'shark', Ritesh Agarwal.

Ritesh expressed a strong interest in the electric vehicle sector but conceded that he cannot make an offer at this time. He promised to link Bhupen with people from Uber and other companies and recommended them to form a cooperate with them. Kunal Bahl gave similar advice, claiming that the automobile sector is primarily reliant on volume. Namita and Vineeta Singh also declined but offered to connect the founders with key players in the market. Namita expressed concern about the potential dangers of electric automobiles. In the end, the founders left without an agreement, but some of the 'sharks' rose from their chairs and touched Bhupen's feet as a show of respect.