'Kashmir Sharks': Srinagar's FastBeetle bags big deal from Lenskart, Boat CEOs
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Srinagar, Jan. 21 -- Lenskart CEO Peyush Bansal and Boat CEO Aman Gupta will invest Rs 90 lakh for 7.5% equity in Srinagar based logistics startup FastBeetle at a Rs. 12 cr valuation.'FastBeetle' clinched the deal after pitching their business idea on the popular television show Shark Tank."Our pitch clearly states that we need to create a startup ecosystem in the #JammuAndKashmir. We had gone @sharktankindia not to represent
@fastbeetle_ but to represent the aspiration of the 1.5 crore population of #JK.Thank you @peyushbansal & @amangupta0303 for believing in us," FastBeetle co-owner Sheikh Samiullahsaid in a Tweet.
In 2021, FastBeetle owned by Samiullah and Abid Rashid had become the first Kashmiri startup to raise $100,000 in a pre-...
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