Investment Return: No one can predict when and where a human investment will yield profits. Something similar happened with Aman Gupta, co-founder of BoAt company and judge of Shark Tank India. He recently revealed that his best investment so far was in the snack brand ‘Let’s Try’. His investment of Rs 12 lakh turned into Rs 40 crore with a return of 33,233 percent.
Beats Nvidia in terms of giving returns
In one of his posts on social media platform He also told that earlier no one wanted to invest in this company, but this gave him more returns than his investment in Nvidia.
However, he did not disclose how much stake he had placed in Nvidia Corp., an American semiconductor chip manufacturing company. Aman Gupta said in his post on
This is Aman’s way of investing
Describing his investment style, Aman said that he invests by looking at the company’s founder and his qualities, and not by looking at the funding formula. “I have never been an Excel sheet investor,” he says. I invest in founders, not in formulas.
He told that his investment in Let’s Try has been the best result so far in the history of the business TV show Shark Tank India. He attributed his success to his passion, madness and hunger to do something different and better. Aman Gupta said in his post, “333x return in 4 years (~33,233%). Some people call it luck, but I call it instinct.”
What is Let’s Try?
This is an Indian company, which makes snack items like potato wafers, bhujia, in which good quality ingredients are used. According to the company’s website, the products the company sells are trans-fat free, palm oil free, no-cholesterol, no-white sugar and high fiber.
The company says, we use 100% peanut oil. No preservatives, no artificial flavors or colors, no trans fat or cholesterol. We have a wide variety of snacks, all of which have a unique taste and flavour. The company sells its products in India through BigBasket, Blinkit, Flipkart, Amazon, Swiggy Instamart, DMart, Reliance Retail, Zepto and other online and offline retailers.
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