India, Jan. 9 -- An IIT-educated entrepreneur who appeared on Shark Tank India claims he is now struggling to secure a factory license without paying a bribe. Last year, Aman Rai and his team cracked a Rs.1 crore deal on Shark Tank India with his home gym startup called Aroleap. However, Rai now has to contend with the bureaucratic red tape that has made it difficult for him to secure a factory license.
In a post shared on X, the IIT Delhi graduate said that in the process of securing a factory license of his manufacturing facility, he got in touch with a vendor who said "out-of-pocket" expenses - likely a euphemism for bribes - for the department will be Rs.70,000.
Rai decided to forgo the vendor and apply for license himself, only to ...
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