This week, the company found itself in the spotlight on Shark Tank India, a platform that typically celebrates tech Startup and disruptive business models. Heritage restoration, with its centuries-old methods and materials, may have seemed an odd fit among digital-first ventures. Yet, the pitch struck a chord. “This was a chance to showcase the importance of heritage restoration not just as a cultural imperative but as a viable business”. The Sharks were intrigued, not just by the numbers but by the audacious vision: to expand operations nationwide through a franchise model and train the next generation of restoration experts.

The pitchers entered Shark Tank India seeking Rs 3 crore for 1% equity, valuing their company at an eye-popping Rs 300 crore. The Sharks were intrigued by their impressive Rs 124.7 crore revenue, the highest ever seen on the show, but not everyone was convinced. Anupam expressed about their receivables cycle, raising concerns about potential gaps in transparency and hinting that something might be amiss in their calculations. Vineeta humorously remarked on the pitchers’ valuation, comparing them to a heritage property themselves, while Kunal and Namita chose to step away, citing a lack of alignment with their expertise.

Ritesh Agarwal

Ritesh Agarwal eventually stepped in with a structured offer of Rs 1 crore for 1% equity alongside Rs 2 crore in debt at 10% interest over three years. After further negotiations, the deal was finalised at Rs 3 crore for 0.8% equity, cementing the highest valuation deal in the show’s history. Ritesh celebrated the milestone, calling it a win-win, while Anupam admitted he remained unconvinced, questioning the accuracy of the numbers shared.