Gavin Paris

Before Gavin Paris, Kishore used to run his family business of packaged water manufacturing plant. His younger brother looks after that business now. Kishore's sister owns a garment business where she manufactures ladies' garments. Kishore took the inspiration and decided to start his own brand. Ashutosh is the CTO of Gavin Paris. He has finished his BTech. Ashutosh founded his first IT startup, TechOrion, during the second year of BTech. He used to offer digital marketing services to tech companies. He hails from Ludhiana and has a good knowledge of the fabric.

Gavin Paris, the founder of the new age streetwear fashion brand, Gavin Paris Wear, made an impressive pitch on Shark Tank India. With his unique take on oversized and loose-fitting apparel, Gavin aims to make people look cool and trendy. His vision is to make streetwear the mainstream fashion trend and become the king of this category. EduvastGavin Paris is an urban high-street fashion brand specialising in gender-neutral clothing designed in Paris for the Indian fashion market. Their focus is on oversized and quirky styles.

Amount Asked: ₹50 lakhs Equity Offered: 5% Implied Pre-Money Valuation: ₹10 crore

Kishore and Ashutosh walked into Season 2 Episode 26 as a well-matched streetwear founding duo the product and supply chain knowledge of Kishore's manufacturing family combined with Ashutosh's digital marketing and technology expertise delivering ₹1.4 crore in lifetime sales entirely from their own website without a single marketplace listing. The product quality impressed all five Sharks immediately 180 GSM bio-washed cotton at ₹599 communicates the premium fabric quality that distinguishes a genuine fashion brand from a generic T-shirt printer. The pitch's commercial metrics were genuinely strong: 60 percent gross margin, 18 percent net profit, 25,000 plus products delivered, and ₹950 average order value from a brand that was still very young. The 18 percent net margin from a pure D2C fashion brand with ₹5 to 6 lakh monthly marketing spend is commercially impressive.

Anupam Mittal was the most outraged Shark delivering Season 2 Episode 26's most emotionally charged Shark response to an equity injustice. Namita Thapar exited citing the same equity structure concern the pharmaceutical industry's standards for fair compensation and equity would not permit her to back a company where a co-founder who was clearly essential to the business held no equity stake. Peyush Bansal exited consistently with the panel's position the equity structure made the investment commercially and ethically complex regardless of the product's quality. Aman Gupta was the most personally protective of Ashutosh specifically noting that Ashutosh's digital marketing skills were the reason the brand had achieved its sales results. Vineeta Singh was the only Shark who attempted to structure a deal that would correct the equity injustice.

Vineeta offered ₹30 lakhs for 20% equity and ₹20 lakhs debt at 12% interest (₹1.5 crore valuation) conditional on Ashutosh receiving 40% equity in the company. Kishore declined unwilling to dilute his 100% equity to the extent Vineeta required as a deal condition. All other Sharks had already exited. No deal was made.

Kishore Jairamaka and Ashutosh Roy left Shark Tank India Season 2 Episode 26 without any investment. Vineeta's offer the only formal offer made was rejected because it required the equity restructuring that Kishore was unwilling to accept. The Sharks had collectively decided that the equity injustice at Gavin Paris's foundation made investment impossible without the specific correction that Vineeta's condition demanded.

The brand continues to operate gavinparis.in active, products available, and the Shark Tank national visibility giving the brand consumer awareness that its ₹5 to 6 lakh monthly marketing budget would have taken significantly longer to build independently. Whether Kishore and Ashutosh restructured the equity arrangement post-episode — as the Sharks strongly recommended is not publicly confirmed. The Gavin Paris episode's most lasting commercial lesson: a brand with genuinely strong product metrics (60 percent gross margin, 18 percent net profit, 25,000 plus deliveries from own website) was unable to secure a single rupee of investment because its founding governance was commercially and ethically indefensible. In Indian startup culture, where informal partnerships between friends or family members often begin without formal equity agreements, Gavin Paris is Season 2's most public example of why founding equity documentation must precede every other startup decision.