‘Shark Tank India’ Season 2: Jugaadu Kamlesh presents his updated product concept to investor Peyush Bansal, reveals his first-year target

Jugaadu Kamlesh has completed his updated product model, named the Bharat K2. Peyush Bansal, CEO of an eyeglasses company, invested in Kamlesh's product last season of Shark Tank India and has now given a preview of what's to come.

Kamlesh and his design team unveiled the new model, which is more practical, quicker, and convenient in terms of technology, and is not manual. Kamlesh explained the current version to investor Peyush that the product will not only cover the ground area but can also reach a height of 10 ft.

Kamlesh said that they did a survey with the farmers on the field and improved the model. Namita Thapar joined Peyush to see the product and praised the new implements with the product. Kamlesh also mentioned the first-year target of the product which is Rs 5 Crore.


For the unfamiliar, Kamlesh and his cousin Naru's suggestion for hand-drawn carts for farmers made a tremendous impression. Their earnest approach impressed the sharks, prompting Peyush to invest 10 lakh rupees in return for a 40% ownership at Shark tank India. Peyush also provided a loan of Rs 20 lakh with no interest.

Kamlesh also received a lot of love and respect on social media for his presentation.
Peyush has been an enthusiastic participant in the project and once hinted at inviting them to his home to discuss the business concept.

Previously, Kamlesh and his cousin posted a video in which they demonstrated how Peyush Bansal and his team held a unique training session for them, how he assisted them in growing their business, and how he gave new ideas to help them thrive at what they were doing.

Aman Gupta revealed in a podcast that after seeing Peyush's investment in Jugaadu Kamlesh, they had avoided using the term "Jugaadu" in the new season of Shark Tank India. They are certain that this deal will go to Peyush and no one else because he is tremendously fond of them.

FAQs

Q1. Who invested in the product of Jugaadu Kamlesh?
Peyush Bansal invested in the product of Jugaadu Kamlesh.

Q2.Peyush is the founder of which brand?
Peyush has founded Lenskart.