ENTERTAINMENT

CarDekho’s Amit Jain Shares 5 Ways To Pitch A Business Idea 

Image Credits: Amit Jain/Instagram

Say hello to CarDekho's Amit Jain -- one of the latest additions to Shark Tank India’s Season 2. Jain replaced BharatPe’s Ashneer Grover and is now a shark on the show.

Image Credits: Amit Jain/Instagram

In an interview with MW, Jain shared a list of five things he factors in before investing in a business. If you're an aspiring entrepreneur, swipe right to know more!

Image Credits: Amit Jain/Instagram

IdeaThe first and foremost point is, obviously, the idea. Jain believes that the vision (of the idea) plays a crucial role in deciding whether the plan is worth investing in.

Image Credits: Amit Jain/Instagram

The Spark There are three non-negotiable conditions in Jain's entrepenurial diary: hard work, persistence, and resilience. That said, the 'spark' in the entrepreneur and his idea is another deciding factor.

Image Credits: Amit Jain/Instagram

Connection With ConsumersHow important is it for the founder to be receptive to the feedback of his/ her consumers? Well, very, if Jain's looking at investing in it. So, all you budding entrepreneurs, listen to your consumer!

Image Credits: Amit Jain/Instagram

Investment And EquityAnd, he makes one thing really clear: The amount that's put in as investment/ equity is directly proportional to the returns that can be expected. 

Image Credits: Amit Jain/Instagram

Core ValuesWhile an idea cannot be 100x profitable, the quality and efficacy of the product and the core values of the brand also plays an important role for Jain to say yes.