Pakistan's Viral 'Chaiwala' Secures Rs 1 Crore Investment on Shark Tank for Tea Chain Expansion
Arshad Khan, aka "Chaiwala," Secured the Investment From Peyush Bansal on the Popular Indian Reality Show
In a remarkable turn of events, Arshad Khan, the Pakistani tea seller who became an internet sensation as "Chaiwala," has secured a Rs 1 crore (approx. $130,000) investment on the popular Indian reality show Shark Tank India.
Khan's Journey to Shark Tank
Khan's story began in 2016 when a photograph of him working at his tea stall went viral on social media due to his striking appearance. The photo's popularity led to modeling offers, but Khan declined, preferring to focus on his tea business.
The Shark Tank Pitch
On the show, Khan presented his plans to expand his tea franchise, Chaiwala, across India. He impressed the "sharks" (potential investors) with his passion, determination, and vision for the business.
Peyush Bansal's Investment
Peyush Bansal, the founder and CEO of online fashion retailer Lenskart, was particularly impressed by Khan's pitch. He offered Khan Rs 1 crore for a 20% equity stake in the Chaiwala business.
Future Expansion Plans
With the investment, Khan plans to open new Chaiwala outlets in major Indian cities, including Delhi, Mumbai, and Bangalore. He also aims to develop a range of tea-based products and introduce new flavors to the menu.
