Shark Tank India 4: Ashutosh’s Offmint Wins ₹10 Lakh with 4% Equity In his Second Attempt

In an emotional Shark Tank India 4 episode, Ashutosh Kumar returned with Offmint, offering ₹10 for 1% equity, seeking Sharks' mentorship. His story of resilience, personal tragedy, and commitment to sustainability led to an all-shark deal of ₹10 lakh for 4% equity.

Chandrima Chakraborty
By Chandrima Chakraborty - News Writer
5 Min Read
Ashutosh Kumar In Shark Tank India 4
Ashutosh Kumar In Shark Tank India 4

In a heart-stirring episode of Shark Tank India 4, Ashutosh Kumar, the founder of Offmint, made history by returning to the tank with a new brand and an unforgettable offer. This was no ordinary pitch. Ashutosh was the first entrepreneur to ever pitch twice on the show, and his latest appearance was packed with emotional depth and a bold business strategy that left the Sharks in awe.

Ashutosh’s journey is one of resilience. Hailing from Samastipur, Bihar, his story has been shaped by immense challenges. His previous appearance on Shark Tank India was filled with hope, but behind the scenes, tragedy struck. On the same day his pitch aired during Season 2, his father tragically lost his life in an accident. Despite the heartbreak, Ashutosh found the strength to continue, relying on the support of his family and an unexpected ally. Rani Ahluwalia, a loyal fan of Shark Tank India from London, believed in his vision and invested in his first venture, helping him build Offmint, a fast-fashion brand with an eco-friendly twist.

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This time, Ashutosh was not seeking financial support but rather the Sharks’ expertise. His pitch was unlike any other. He offered ₹10 for 1% equity in his company, a move that stunned the Sharks. Ashutosh explained that his intention was not about money. He wanted the Sharks’ guidance as a form of “Guru Dakshina,” a gesture of respect and learning. He shared that the opportunity to be on Shark Tank India had been life-changing for him, and through Offmint, he aimed to honor his father’s memory. His words reflected a deep personal connection to his work.

During the pitch, Ashutosh became emotional as he recounted his father’s death and the pain of losing him on such a significant day. He also shared the difficult truth about his previous co-founder, who had refused to offer him any equity after their time on the show. Left with no choice, Ashutosh decided to start Offmint on his own, determined to build something meaningful.

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Ashutosh’s story resonated deeply with the Sharks. They admired his perseverance and the way he turned personal tragedy into motivation. Offmint’s unique selling point, its sustainable approach to fashion also caught their attention. The brand ensures that each order comes with a pen embedded with seeds, encouraging eco-friendly practices among consumers. This commitment to sustainability, coupled with Ashutosh’s emotional strength, convinced the Sharks of the brand’s potential.

Impressed by his vision, the Sharks saw an entrepreneur who was not only capable but also driven by a higher purpose. They recognized that Offmint was more than just a business; it was a testament to Ashutosh’s resilience. In a rare show of unanimous support, all the Sharks came together to offer him an all-shark deal. They proposed ₹10 lakh for 4% equity in Offmint, a deal that marked a historic moment in the show’s history.

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This episode of Shark Tank India 4 wasn’t just about business or numbers. It was a powerful reminder of the personal stories that shape entrepreneurs and the strength required to overcome life’s most difficult challenges. Ashutosh Kumar’s journey was one of passion, perseverance, and hope, and the Sharks’ response was a testament to the power of belief in both business and in people.

With this groundbreaking pitch, Ashutosh has set a new benchmark for what it means to be an entrepreneur on Shark Tank India. His story continues to inspire viewers, proving that success isn’t just about financial gain but about resilience, purpose, and the will to carry on despite overwhelming odds.

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