However, the panel of “sharks” unanimously rejected them. During the pitch, Anupam Mittal was particularly contemptuous since he disapproved of the founders’ goods and prices.
They gave the “sharks” personalized hankies prior to their pitch. Namita Thapar pointed out a typo in hers right away and stated that presenting a subpar piece on a show like Shark Tank is inappropriate. “Thank you for giving me the hanky with such affection, but I won’t wear anything that has a misspelling. You’re attempting to do too much at once and are overextended,” she remarked.
Additionally, she criticized the name Hexafun and used Zerodha as an example to illustrate what a brand name ought to do. Since “zero” signifies “zero” and “rodha” in Sanskrit means “hurdle,” I frequently use the example of Zerodha. Zerodha is such a lovely word, and it immediately relates to the company. But it’s so hard to understand your name,” she said. Aman Gupta interrupted Manali as she attempted to explain the meaning of the name. He said, “Puri zindagi explain hi karte reh jaoge.”
Aman didn’t believe that hankies were necessary either. He asked, “What’s the point of trying to bring a dying category back to life?” “If you tell us you’re making money, I’ll be shocked.” Aman was correct, too. Hexafun has been wasting crores during its five years of operation. According to the founders, they have invested around Rs 2 crore from friends and family and Rs 4 crore from their own funds in the company. They need to start again and reassess their entire company, according to Kunal Bahl. Every start-up has to reorganize after reaching a “point of reckoning,” he said, adding that he had gone through a similar situation ten years prior.
