Shark Tank India: Why Kanika Tekriwal Warned 'We Will Ruin Your Business' to Taasha Craft

• Taasha Craft, a handcrafted bangle brand from Gujarat, impressed Sharks with its 500 designs and employment for 120 women.
• Founders Anjali Wadiwala, Anjali Tandel, Khushbu Tandel, and Ankita Tandel sought Rs 75 lakhs for 5% equity, valuing their company at Rs 15 crore.
• The brand reported Rs 2.05 crore in sales this year with 10% EBITDA, projecting Rs 4-4.5 crore by year-end.
• Kanika Tekriwal advised against external investment, warning it could 'ruin' their business and offered to connect them with her network.
• Aman Gupta and Namita Thapar closed a deal for Rs 75 lakhs for 5% equity, plus 1% royalty on net sales until Rs 75 lakhs is recouped.