Namita questioned whether people would purchase a second pair because the designs were so identical, even though the “sharks” were impressed by her creations. She was reassured by Komal that her retention rate is 23% and that there are enough aspects that set the products apart to avoid confusing the buyer. However, she found herself in a predicament after Anupam and Aman asked her a few trick questions. “Komal, purpose, passion, or profit, pick one,” Anupam questioned her. After giving it some thought, Komal chose “purpose.” Profits will follow if one’s aim is genuine, she remarked. Both Anupam and Ritesh were grateful for her response. However, he stated that he desired for her to respond, “All three.”
The fact that Komal’s business hasn’t grown much over the past five years, despite income rising from Rs 67 lakh to Rs 77 lakh, also upset the “sharks.” For these reasons, Kunal and Namita canceled the contract, and Kunal informed her that the hardest market to break into is the footwear industry. Ritesh suggested that she either extend her product line beyond shoes or raise the prices of her items and manage supply and demand. He left too.
The only “shark” that appeared interested was Aman, but even he wasn’t certain. He asked her, “What do you want from us?” as a test. Then Komal said right away, “Rs 60 lakh for 6%!” “That killed it for me,” Aman murmured as the “sharks” chuckled. “I’m not here just to give money,” he added. Investing in the stock market will yield higher returns if you want to see a return on your investment. My purpose is to provide value. However, it was ruined for me when you stated that you only wanted the money. In support of her, Anupam asserted, “She didn’t mean it that way.”
However, Aman had already decided. He stated that although he has a strong interest in the shoe market, he want to withdraw due to Komal’s ambiguity. “They are looking to invest in brands where they can get a good exit, but I’m an artisanal person,” Komal stated in her post-pitch interview after leaving without a deal. It takes time to develop a brand, but it will eventually happen.