Shark Tank India 5: The Binge Town Rejects Anupam Mittal's Rs 8 Crore Offer

• The Binge Town, a Bengaluru-based startup providing private theatres, impressed Sharks with strong revenue and a romantic gesture.
• Founded in 2022, the company operates 64 private theatres across 17 locations and has been profitable since day one.
• Anupam Mittal offered Rs 8 crore for 26% equity, the biggest offer of the season, valuing the company at Rs 30.77 crore.
• Founders rejected Anupam Mittal's non-negotiable offer, opting for Varun Alagh's Rs 1 crore for 2.5% equity plus Rs 1 crore debt.
• The decision allowed them to retain more ownership and focus on their core platform growth.