New Delhi. The fourth season of Shark Tank India is about to start. The last three seasons have been very good. Many companies have received money from here, with the help of which they have emerged as a successful business. But some many companies or ideas did not get money, but definitely got guidance. Some time ago, a company presented its pitch in front of the judges of Shark Tank. The company got both 1 crore rupees and guidance. Today the valuation of the same company has become 400 crore rupees. Yes, from one crore to 400 crores. The Shark Tank show is also trying to cash in on the success of this company.

Some promos have come before the fourth season of this popular show. In one of these promo videos, the company and its founders are shown. They are telling how the company got support from Shark Tank. The name of the company we are talking about is Proxgy. This company came in the very first season of Shark Tank. When the Shark Tank show came on TV in 2021, this company put forward its idea here. The judges liked it and a deal of investment of Rs 1 crore was made.

Ashneer and Piyush Bansal had faith.
Proxy's founders are Pulkit Ahuja and Inderjit Singh Makkar. Both made their debut in Shark Tank India Season 1. It is a tech-based company that provides many innovative solutions. The company introduced 6 patented products on the show, including cameras, code scanners, and voice boxes. These products were specially designed for businesses that require surveillance and KYC verification.

Although initially, some judges were skeptical about their idea, Ashneer Grover and Piyush Bansal finalized the deal with them. The founders initially asked for one percent equity in exchange for Rs 35 lakh. But after negotiations, Ashneer and Piyush took a 10 percent stake in exchange for Rs 1 crore. This means that the value of the company at that time was around Rs 10 crore.

Three years later
, Proxy has seen tremendous growth and today its valuation has reached Rs 400 crore. “Shark Tank has made us what we are today,” founder Pulkit Ahuja said in the show’s promo. However, it is not clear if Ashneer Grover and Piyush Bansal are still associated with the company.

Shark Tank India Season 4
The new season of Shark Tank India is bringing even more inspiring stories. This season will be aired on SonyLIV from January 6. This time the panel of judges includes Piyush Bansal, Aman Gupta, Namita Thapar, Vineeta Singh, and Anupam Mittal. Along with this, new investors like Ritesh Agarwal, Kunal Bahl, and Azhar Iqbal will also be a part of the show. However, the main judge of the first season, Ashneer Grover, will not be seen in the show this time.