BoAt Founder's OYO Dig Sparks Fiery Reply from Ritesh Agarwal on Shark Tank India

Business
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News18•22-01-2026, 11:57
BoAt Founder's OYO Dig Sparks Fiery Reply from Ritesh Agarwal on Shark Tank India
- •BoAt founder Aman Gupta made a controversial remark about OYO Rooms' budget pricing during a pitch on Shark Tank India Season 5.
- •OYO CEO Ritesh Agarwal quickly retorted, referencing BoAt's product pricing, leading to a heated exchange.
- •The founders of 'Early Morning Cartel,' Neel and Rishiraj Kanvarjani from Mumbai, sought Rs. 2 crore for 5% equity for their Omakase-style cafe.
- •Despite their initial clash, Aman Gupta and Ritesh Agarwal ultimately partnered to invest Rs. 2 crore for 12% equity in 'Early Morning Cartel'.
- •The cafe, located in Kandivali, Mumbai, impressed Sharks with its strong revenue and profit margins, recovering investment in 17 months.
Why It Matters: Aman Gupta and Ritesh Agarwal clashed over business models but ultimately partnered on Shark Tank India.
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