Peyush Bansal secures major investment in luxury brand Nooe on Shark Tank India
In the latest episode of Shark Tank India, Peyush Bansal made a significant deal with Nooe, a luxury lifestyle brand known for its Japandi aesthetics. The brand's products are sold at Harrods, with a notable price difference. The founders sought Rs 50 lakh for 1% equity, valuing the company at Rs 50 crore. Despite their limited savings and high debt, Bansal and Aman Gupta both offered Rs 3 crore, but Bansal ultimately secured a 51% stake for Rs 5 crore. This deal marks Bansal's largest on the show to date, highlighting a shift in the Sharks' approach as they seek more control over their investments.