During the negotiations on Shark Tank India, Aman believed that Cakelicious did not require any funding, so he exited the discussions. Peyush agreed, feeling that it was too early for the business to seek investment. Anupam liked the idea but thought he wouldn’t be able to contribute effectively, leading him to withdraw as well. Namita shared Anupam’s views and decided to step out too.
Amit was the first to make an offer, expressing his admiration for the product and being inspired by Fatima’s story. He proposed ₹15 lakhs for a 15% stake in the company, along with additional funds as interest-free debt, valuing the company at ₹1 crore. Fatima wanted to consult her father before making a decision, and after their discussion, she returned with a counteroffer of ₹25 lakhs for 15%. In response, Amit adjusted his offer to ₹25 lakhs for a 20% stake. Ultimately, the entrepreneurs accepted Amit’s revised proposal, and they agreed on ₹25 lakhs for 20% of the company, which valued it at ₹1.25 crores.