‘Isse acha thela laga lo’: After Flying Beast, Shark Tank India 4’s Anupam Mittal takes down Make My Payment founder

Make My Payment, Based in Ujjain During Shark Tank India Season 4, Make My Payment, a potential financial technology startup, offered a creative way to assist companies in collecting past-due payments by means of an automated reminder system.

Click here to visit their official website : Make My Payment

Vijay Nihalchandani is the founder of Make My Payment. His dedication to quality, creativity, and customer satisfaction is at the heart of Make My Payment’s success. At Shark Tank India, He was seeking an offer of ₹ 30 Lakhs for 3% equity at the valuation of ₹ 10 Cr. Nihalchandani came to the show along with his wife, his brother and his business partner to pitch his business Make My Payment. Make My Payment is an app that sends automated payment reminders to defaulting debtors. The founders offered ₹30 lakh in exchange of 3 per cent stake in their company

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• Company Name – Make My Payment
• Founder – Vijay Nihalchandani
• Founded – Not Disclosed
• Location – Ujjain, Madhya Pradesh
• Industry – Financial Technology (FinTech)
• Asked Investment – ₹30 Lakhs for 3% equity
• Asked Valuation – ₹10 Crores
• Shark Tank Outcome – No Deal Secured
• Business Model – Automated Payment Reminder System

Make My Payment is a smart, intuitive application designed to simplify tracking and managing debt payments. Whether you’re a debtor or a creditor, this app ensures you never miss a payment or a collection.

The company specializes in:

• Automated payment reminder services.
• Business payment recovery solutions.
• Digital debt collection tools.
• Streamlined financial tracking.
• Efficient borrowing management.

• Automated Reminder System
• Customizable payment reminders
• Multi-channel communication
• Tracking of pending payments
• Reducing manual follow-up efforts
• Business Financial Management
• Payment recovery tools
• Debt tracking mechanisms
• Simplified borrowing management
• Reducing financial delays

• Automated reminder generation
• Multi-platform integration
• Personalized communication
• Real-time payment tracking
• User-friendly interface

Anupam Mittal, the creator of Shaadi.com, has made headlines for eliminating Gaurav Taneja, also known as Flying Beast, another influencer-turned-entrepreneur. In a recent Shark Tank India season 4 episode, the creator of Shaadi.com took aim at business and financial celebrity Vijay Nihalchandani. 

On the most recent Shark Tank India episode, business and finance influencer Vijay Nihalchandani made one of the most controversial pitches of the fourth season with his money recovery software. In order to promote Make My Payment, an app that reminds debtors who are in default, Vijay appeared on the show alongside his brother, wife, and business partner. However, the “sharks” panel—which included Peyush Bansal, Ritesh Agarwal, Aman Gupta, Namita Thapar, and Anupam Mittal—had differing opinions about the company.

Following Vijay’s explanation of the company’s basics, Namita made a few clear remarks. According to her, an automated voicemail won’t influence someone who has already fallen behind on payments. The individual can choose to ignore the number completely or block it. According to Vijay’s wife, the app would keep calling various numbers. Anupam laughed sarcastically because he couldn’t stand it. Aman asked Vijay if he has any other side projects because he suspected that he was a serial entrepreneur. According to Vijay, he has approximately one million Instagram followers and operates a successful hotel booking company.

When Peyush questioned Vijay about his earnings on Instagram, he replied that he earns about Rs 5 lakh a month. Despite feeling that this was insufficient for someone with a million followers, Peyush seems impressed. However, Namita wasn’t. She added that part of her role on Shark Tank is to enlighten and educate founders, so she urged them to “stop this business and focus on something more meaningful.” Anupam concurred. “This is not a business,” he declared. Take it seriously.

When he asked the platform’s creators how many users they presently had, Vijay’s wife replied that 3500 people had registered, 200 of whom were paid subscribers. This, according to Anupam, validates his argument. “You earn Rs 30,000 a month, so why aren’t you getting paid?”

The founders went empty-handed when the “sharks” made no proposals. However, when they left, Namita, Anupam, and Peyush got into a fight. “Why are you misguiding them?” asked Namita. Anupam then remarked, “You’re supporting an influencer.” This is not India’s Got Talent; rather, it is a platform for corporate investments. Anupam said, “Sach mein itna wow hai toh paise daal ke dikhao,” after Peyush expressed his admiration for Vijay’s achievement of gaining one million followers. You did not make an investment.