What Happened To KG Agrotech In Shark Tank India? Explained: Shark Tank India is one of the most popular and established reality business television series which is going on really well. The show is gaining huge attention from people. Many people are following the show and also express their views on social media platforms. On the show, many people come up with new and innovative business ideas or inventions. Recently, KG Agrotech, an agriculture machine was introduced by its founder in front of the Sharks. Now, several people want to know more about this machine and what happened to KG Agrotech in Shark Tank India. In this article, we are going to provide you with all the details of the episode and the machine. Follow More Update On CmaTrends.com
What Happened To KG Agrotech In Shark Tank India?
KG Agrotech is an agriculture machine, founded by Kamlesh Nanasaheb Ghumare. He introduced his invention in the 23rd episode of Shark Tank India Season 1. He demanded 30 lakhs in investment for a 10% share of his organization in Shark Tank India. Through this show, we got to know that there are so many new innovations are taking place in each village of India. In the show, we have seen that many new and interesting startups have come from several villages. Many startups are taking place which actually solves real problems.
Similarly, KG Agrotech is mainly helped in farming. It is a startup incorporated that has been introduced in Shark Tank India which makes products related to agriculture. The products of the company are multipurpose which does pesticide spraying seeding and also helps in carrying material. These products ease the work of farmers to a great extent and with their help of them, farmers can do half their work in a very short time. The founder says that this product is made with very simple technology and very low cost. Apart from this, the farmers can very easily afford this product. KG
Before coming to Shark Tank India, KG Agrotech was appreciated by many but no one invest enough prize to upgrade the machine. To upgrade the machine and make it useful, money is also needed so, the founder decided to come to this show. In the show, he asked for 30 lakhs in exchange for a ten percent share of his company. However, Lenskart CEO Peyush Bansal offered 10 lakhs in this startup in return for 40% equity, along with this, he gave 20 lakhs to him without interest, to upgrade his Machine. Stay tuned with us for more updates.