<ul><li>In a recent Shark Tank India episode, judges were impressed by an entrepreneur's pitch for a hair loss reduction device for cancer patients. Priced at Rs 13 lakhs, it offers replaceable haircaps to ease chemotherapy stress.</li><li>Seeking Rs 30 lakh for 1.2% equity, he aimed for FDA approval in the US to expand globally. Despite a Rs 25 crore valuation, judges questioned the modest ask.&nbsp;</li><li>The entrepreneur's response, "I want FDA approval in the United States," resonated. With a vision for Rs 50 crore valuation next year and Rs 100 crore in five, judges collectively invested Rs 30 lakh for 1.8% equity, pleasing the entrepreneur.</li></ul>

Shark Tank India 3: Pitcher’s ask for just Rs 30 lakh for company valued at Rs 25 crore baffles judges, his answer leaves them impressed

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