The founders entered Shark Tank India, seeking ₹60 lakh for 4% equity, valuing the business at ₹15 crore.
Their pitch focused on:
- Matcha’s health benefits
- The brand’s premium positioning
- Plans to expand beyond matcha into beauty and wellness
But things took an unexpected turn when the sharks started asking deeper business questions.
Shark Kunal Bahl liked the product but wanted to understand the supply chain better. When he asked about Glow Glossary’s procurement and logistics, the founders struggled to provide clear answers. This raised a red flag, making him step out of the deal.
Shark Anupam Mittal asked about unit economics, but the founders again appeared unsure.
“When Kunal asked you about supply chain, you couldn’t answer, and now when I’m asking about numbers, you’re unsure again,” Anupam said, clearly frustrated.
He decided to opt out, stating, “I wish you a lot of struggle, so you learn to understand your business better.”
Shark Ritesh Agarwal appreciated the brand’s premium feel but felt the founders lacked clarity on their long-term vision. He decided to step away.
Shark Vineeta Singh felt the founders had some gaps in business knowledge that could hinder their ability to scale. She, too, stepped out.
Shark Namita Thapar liked the concept but found the brand’s positioning unclear, and with no clear direction, she decided to opt out.