IIM Ahmedabad Alumnus Akriti Gupta Rejects Rs 75 Lakh Shark Tank India Offer for Loopie

• Akriti Gupta, IIM Ahmedabad alumna, pitched Loopie, a baby gear brand, on Shark Tank India Season 5, seeking Rs 75 lakh for 1% equity.
• Gupta, an experienced entrepreneur, previously founded Tiny Toddler and Jolly, evolving into Loopie, offering strollers, car seats, and nappy bags.
• Despite impressive product quality, Sharks raised concerns about valuation and affordability, though Kunal Bahl defended Loopie's competitive pricing.
• Loopie showed rapid growth, from Rs 2 lakh sales in March 2025 to Rs 45 lakh by October, with significant prior funding and inventory.
• Namita Thapar and Kunal Bahl offered Rs 75 lakh for 3% equity, but Gupta's counter for a higher valuation was not accepted, leading to no investment.

Why It Matters: Akriti Gupta declined a Rs 75 lakh offer on Shark Tank India 5 for Loopie due to valuation mismatch.