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Once you hit rock bottom, it’s hard to recover. Starting a business and restarting a business are two sides of the same coin. Many businessmen have suffered huge losses, and going bankrupt is the biggest loss anyone faces, but retreating is a brave choice. One such story is about his three entrepreneurs who came to Shark Tank for his idea of ​​doing business on the OTT stream.
Shashank Vaishnav, Parveen Singhal and Vinay Kumar Singhal attended Shark Tank India’s OTT App Stage to promote web series and movies in local languages. They pitched his 3 kroner with his 1% equity. These co-founders tout that people in different regions and regions fear that the way they speak will be the center of everyone’s jokes. That is why we have introduced a platform for all regional dialects to enjoy the web series and his OTT desi sensibility without fear of making a fool of themselves.
The sharks asked why we need another OTT platform when the likes of Prime Video, Netflix and Sonyriv already dominate the market. In response, they said, people feel embarrassed in public because they don’t know English or Hindi properly, and at nightclubs and parties people say they don’t deserve to be in such an elite place. I replied that I was afraid.
The co-founders shared the backstory of how they were already a popular website before they took the stage, but one day everything got out of hand. I believed that they might fight back in the field. The current stage is a 30 billion yen business. Aman, Namita, and Peyush pitched to join for $1.5 billion each for 18% debt and his 0.5% stake, closing the deal.
Moving from WittyFeed to Stage was a massive transformation to reach our goals.
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